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Russia Oil Fields News is an EIN News Service for energy industry professionals. Constantly updated news and information about Russia Energy.
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Latest Russia Oil Fields News

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  • TNK-BP starts construction of gas-turbine power plant in Tyumen region 25 Nov 2009 06:37 GMT
    ... TYUMEN, November 24 (Itar-Tass) -- One of Russia’s biggest oil companies TNK-BP starts construction of ... growing demands of the Urengoi and Ust-Tegussokye oil fields in electricity and use up to 95 ... 45-megawatt gas-turbine power plant at the Ust-Tegusskoye oil field. That project is a part of the ...

  • Camelina Plant Offers Intriguing New Biofuel 25 Nov 2009 17:31 GMT
    ... Camelina, an indigenous plant to both Europe and ... underplay the rate of decline from existing oil fields while overplaying the chances of finding new ... Beginning in the late 19th century, the Russian government determined that Central Asia would become ...

  • Shell favours gas for future production 25 Nov 2009 13:55 GMT
    ... adding that Shell would deliver proposals to Russia for a major gas development in Yamal ... and is still negotiating on the Kirkuk oil field with the Iraqi government. He also emphasised the ...

  • Hungary and Croatia toe-to-toe again - paper 25 Nov 2009 09:07 GMT
    ... The gong has sounded again in the ring where Hungary's ... small bid on the table for INA's oil fields in Syria and the state would be ... a reported (and then refuted) interest of Russia's Surgutneftegas in INA and this is the ...

  • Response to George Will: "There is still no alternative to oil" 24 Nov 2009 19:35 GMT
    ... should drop considerably as production declines in Russia, China, the U.S. and other non-OPEC countries. ... much smaller, fields being brought on-line. Declining oil fields in the North Sea typically decline at ... from. As an example, the world’s largest oil field is Ghawar (Saudi Arabia) which has been ...

  • Govt Yet to Okay Sale of Oil Wells to Italian Firm 24 Nov 2009 06:10 GMT
    ... not yet approved the sale of Ugandan oil fields to an Italian company, a senior energy ... cash or a stake in a producing oil field of a similar value within two years, ... was embroiled in a controversy involving the Russian energy firm Gazprom and Silvio Berlusconi, Italy's ...

  • Distorted IEA Oil Reserve Figures Create Biofuel Opportunities in Central Asia 24 Nov 2009 01:21 GMT
    ... Distorted IEA Oil Reserve Figures Create Biofuel Opportunities ... underplay the rate of decline from existing oil fields while overplaying the chances of finding new ... Beginning in the late 19th century, the Russian government determined that Central Asia would become ...

  • Shell favours gas over oil for future production strategy 24 Nov 2009 20:40 GMT
    ... adding that Shell would deliver proposals to Russia for a major gas development in Yamal ... and is still negotiating on the Kirkuk oil field with the Iraqi government. He also emphasised the ...

  • Heritage Oil backs out of talks with Genel 24 Nov 2009 00:10 GMT
    ... Heritage Oil backs out of talks with Genel Published: ... of its agreement to sell its Ugandan oil fields to worth $1.35bn in cash for the ... in the Kurdish region of Iraq and Russia. Meanwhile, Eni will bring the cash and ...

  • Malaysian firm, Vietsovpetro to operate new oil field 22 Nov 2009 13:15 GMT
    ... Malaysian firm, Vietsovpetro to operate new oil field Malaysian firm Bumi Armada snd Vietnamese-Russian joint venture Vietsovpetro have been awarded contracts to operate a new oil field called ...

  • Chavez calls Venezuelans to join Bolivarian Militia; 300 Russian tanks on the way 23 Nov 2009 03:31 GMT
    ... Chavez calls Venezuelans to join Bolivarian Militia; 300 Russian tanks on the way Venezuelan president Hugo Chavez announced the arrival of a shipment ...

  • Crude price favorable for Russia, decline possibility remains Kudrin 20 Nov 2009 20:00 GMT
    ... YALTA, November 20 (Itar-Tass) -- Current crude prices are ... -- Current crude prices are favorable for Russia and the world economy, but a decline ... reduced price impedes the development of new oil fields and crude supplies,” Kudrin said. “The current ...

  • Russia, Iran linked on one side, U.S. ally Saudi Arabia on other 20 Nov 2009 10:12 GMT
    ... The already present cooperation between Russia and Iran on issues from the Caucasus ... no longer is just over control of oil fields but the vital shipping lanes to transport ...

  • Staking Out the Middle Ground 19 Nov 2009 17:32 GMT
    ... for the crucial contribution from yet-to-be developed oil fields. This is a bit technical, so bear ... measures how much you are depleting an oil field (or a set of fields, a region) ... recent ASPO-USA conference. Leonard also believes that Russian production can be maintained at about 10 ...

  • BUSINESS IN BRIEF 23/11 23 Nov 2009 12:17 GMT
    ... Union. CPV seeks enhanced ties with United Russia party The Communist Party of Vietnam (CPV) ... at the Ho Chi Minh Square in Moscow, and met with the Vietnamese embassy staff ... 23. Malaysian firm, Vietsovpetro to operate new oil field Malaysian firm Bumi Armada snd Vietnamese-Russian joint venture ...


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