Ay: Noyabr 2013

Albania, Trans Adriatic Pipeline
İnteresting News

Albania, Trans Adriatic Pipeline

In Situ SI carried out a site investigation at Compressor Station CS-03 and Landfall area, as part of the Trans Adriatic Pipeline project (TAP). The sites were both located in the western part of Albania, near the Semani beach. The Trans Adriatic Pipeline (TAP) supports the European Union’s strategic goal of securing future energy supply. TAP will transport natural gas […]

Resources of shale formation Montney in Canada total 12.7 trillion cub.m.
İnteresting News

Resources of shale formation Montney in Canada total 12.7 trillion cub.m.

The Canadian National Energy Council jointly with the regulating agencies of Alberta and British Columbia have submitted the first research of evaluation of oil and gas resources of the shale formation Montney. According to the report, the resources total 12,719 billion cub.m. of tank natural gas, 2,308 million cub.m. of tank liquefied natural gas (gas condensate) and 179,000,000 cub.m. (1,125 […]

Batumi terminal registered transhipment record
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Batumi terminal registered transhipment record

In October 2013 the Batumi Oil Terminal registered a record number of transshipped oil and oil products during the past three years – 612,751 tons. The closest index was registered in March 2010 – 620,429 tons. “The Batumi Terminal has a significant advantage over the other Black Sea terminals, because it is able to transship up to 22 types of […]

Shale projects lagging in Eastern Europe
İnteresting News

Shale projects lagging in Eastern Europe

“Shale perspectives” in Eastern Europe are challenged by delaying tactics of industry majors. Media coverage of shale gas development is positive but in Lithuania and Poland global oil & gas companies one by one drop bids to explore for unconventional. Lack of business awareness and overdependence on preliminary estimates of shale reserves may lead to the same result in Ukraine. […]

17 il əvvəl AÇG-də ilk neftin hasilatına başlanıldı
Azərbaycan

17 il əvvəl AÇG-də ilk neftin hasilatına başlanıldı

Azərbaycan Beynəlxalq Əməliyyat Şirkəti (ABƏŞ, “Azəri-Çıraq-Günəşli” yataqlarının işlənməsi üçün 1995-ci ilin yanvarında yaradılmış konsorsium) 7 noyabr 1997-ci ildə “Çıraq” yatağında dənizin 140 metr dərinliyində quraşdırılmış “Çıraq-1” platformasından neft hasilatına başladığını elan elan etmişdi. Caspian Barrel-in SOCAR və “BP-Azerbaijan” şirkətlərindən əldə etdiyi məlumatlara görə, o zamandan 1 noyabr 2013-cü il tarixinə qədər “Çıraq” yatağından artıq 84 milyon ton neft hasil edilib […]

Norway considered most prosperous country
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Norway considered most prosperous country

According to Legatum Prosperity Index, Norway is considered the most prosperous country for five years running. This year it is far away from Switzerland, which is on the second place on the list. These countries have occupied five points in the Entrepreneurial Operations category and showed development of internet carrying capacity and increase in number of cellphones per capita. However, […]

China’s Central Asia Overtures: Why Now?
İnteresting News

China’s Central Asia Overtures: Why Now?

Much has been made of China’s re-engagement with Central Asia. While others have commented on what China wants in the region, or why it is elevating its relations with the Central Asian republics, perhaps there is a more important question: Why now? Why has China made Central Asia a priority in 2013, and not last year, or the year before? […]

During 10 months, 2013 Gasprom extracted 391 billion cub.m. of gas
Russia

During 10 months, 2013 Gasprom extracted 391 billion cub.m. of gas

During 10 months, 2013 gas production by Gasprom increased by 0.2% against the same period last year and totaled 391,070,000,000 cub.m. based on the international standards of the financial accountability, reads the materials of the Central Dispatcher Department of the fuel and energy sector. During 10 months, 2013 gas extraction by NOVATEC increased by 5.4% up to 51,075,000,000 cub.m., by […]

Pipelines, offshore drilling and energy interest in Greece
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Pipelines, offshore drilling and energy interest in Greece

As Greece prepares to assume the rotating six-month European Union presidency on 1 January 2014, an unlikely issue is becoming a focus point for the country and Europe as a whole. Developments in the energy sector are always watched with interest but if sea transportation is not involved, the energy sector is one few would associate with Greece. However, over […]

As world waits for US LNG, Russia’s Gazprom plays it cool
Russia

As world waits for US LNG, Russia’s Gazprom plays it cool

Before the end of the decade, low-priced American liquefied natural gas is expected to surge onto the global market and, potentially, cause a dramatic shift in worldwide gas market fundamentals. But the possible ramifications of US LNG exports have been met with shoulder shrugs and slight eye rolls from officials with Russia’s Gazprom, the state-run gas giant. US gas is […]

Azerbaijan may stop using oil and gas by 2020
Materials

Azerbaijan may stop using oil and gas by 2020

State Agency for Alternative and Renewable Energy Sources (ABEMDA) reports that potential capacity of alternative energy sector in Azerbaijan exceeds existing generating capacities of traditional energy sector (about 10,000 MW), reported Fineco/abc.az. According to ABEMDA, potential capacity of alternative energy is estimated at the level of 12,150 MW. Main reserves are in solar (5,000 MW) and wind (4,500 MW) energy […]

EU’s 2013 Progress Report assessed Turkey’s energy sector
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EU’s 2013 Progress Report assessed Turkey’s energy sector

The European Union’s 2013 progress report on Turkey was released on 16th October, 2013. Although the report widely stresses the political reforms, democracy, rule of law or civil society, there are important assessments about the energy sector of Turkey in the 15th chapter. First of all, for the security of supply, the Trans- Anatolian Pipeline Project (TANAP) signed between Turkey […]

Chevron joins 	oil majors hit by falling refinery profits
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Chevron joins oil majors hit by falling refinery profits

Chevron, the US oil group, reported earnings below analysts’ expectations after being hit by falling profits at its refineries in the third quarter. Earnings per share were down 4 per cent at $2.57, compared with analysts’ average expectations of about $2.70. Chevron’s shares fell 1.7 per cent in early trading to $117.97, in response. John Watson, Chevron’s chief executive, said […]