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22.01.2015
Rosneft Launched Pilot Operation at the Severo-Danilovskoe Oil and Gas Condensate Field
Rosneft launched pilot operation at the Severo-Danilovskoe field located within the Danilovsky license area in the north of Irkutsk Region. More»
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21.01.2015
Schlumberger to Acquire Minority Share in Eurasia Drilling Company
Schlumberger Limited announced an agreement to acquire a minority equity interest in Eurasia Drilling Company Limited (“EDC”). More»
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19.01.2015
New Russian oil fields along Barents ice edge
Gazprom Neft gets a 83,000 square kilometer oil license area in the northern part of the Barents Sea. More»
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16.01.2015
Schlumberger to slash 9,000 jobs as oil prices plunge
Schlumberger Ltd, the world's No.1 oilfield services provider, said it will cut 9,000 jobs, or about 7 percent of its workforce, as it focuses on controlling costs amid plummeting oil prices. More»
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15.01.2015
First Wood Group Mustang Norway-designed drilling rig delivered to COSL Drilling Europe
The first new-build semi-submersible drilling rig incorporating Wood Group Mustang Norway’s (WGMN’s) GG5000 floating hull design has been delivered to COSL Drilling Europe (CDE). More»
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14.01.2015
Gazprom Neft increases transportation capacity from Novoportovskoye field
Gazprom Neft has begun construction of the second section of a pressure-pipeline from the Novoportovskoye field to Cape Kammeny (located on the shore of the Gulf of Ob, Yamalo-Nenets Autonomous Region), for onward shipment to customers by sea. More»
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12.01.2015
Gazprom ups production in Yamal, aims at Chinese market
The company increases production capacity at its Bovanenkovo field to 90 billion cubic meters. The Arctic gas might soon be sold to China, the company says. More»
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29.12.2014
Website operation during the period from December, 29 to January, 11
Administration of cttimes.org website leaves for Christmas holidays. During the period from December, 29 to January, 11 website updating will be suspended. More»
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24.12.2014
Rosneft Increases its Stake in the National Oil Consortium to 80% of Shares
Rosneft and Lukoil signed a package of legally binding documents regarding Rosneft’s acquisition of 20% share in the National Oil Consortium LLC (NOC). More»
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23.12.2014
Specialists of Belorusneft discovered a new oil deposit in Venezuela
The recently completed well No.1624 on Block II of Lagunillas field is producing pure oil flow to surface in the amount of 1,400 barrels per day. More»
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