OIL
Hungary accused Ukraine of blackmail due to termination of oil transit
... with the transit of Russian oil, the situation should be settled ... to experience a shortage of oil’. Earlier, Hungarian Minister of Foreign ... announced the termination of Lukoil oil supplies through Ukraine via the ... Druzhba oil pipeline. The Slovak Economy Ministry ... the country has stopped receiving oil from Lukoil due to Ukraine ...
26.07.2024Hungary , Slovakia , Ukraine , Russia , oil
India saved $10.5bn on oil purchases from Russia in two years
After increasing purchases of Russian oil, Indian oil refineries have managed to save ... that the rapid growth of oil trade has brought Russia among ... publication, Western buyers have reduced oil imports from Russia after February ... minor player in the Indian oil market – is now the largest ... to New Delhi’. Previously, oil was traditionally not the main ... world should recognise that the oil trade between India and Russia ...
12.07.2024India , Russia , oil , supplies
Szijjarto: despite Western pressure, Hungary will not refuse oil and gas supplies from Russia
... not going to refuse profitable oil and gas supplies from the ... continues to buy gas and oil from Russia. "When we ...
07.06.2024Hungary , Szijjarto , russia , oil , gas
Niger announced plans to train oil and gas specialists
... engineers and technologists in the oil sector. The National School of ... Oil and Gas opening took place ... of an increase in crude oil production in Niger from 20 ...
30.05.2024niger , oil , gas , education
10bn barrels of oil discovered off Namibia
A deposit of high-quality oil has been discovered on the ... Namibia. According to the source, oil samples taken from test wells ... in Africa in terms of oil production.
25.04.2024Namibia , oil
Expert explained how AFU attacks on Russian oil refineries would affect US economy
... Ukrainian Armed Forces attacked Russian oil refineries, to which the Pentagon ... could affect the price of oil. VIDEO SCREENSHOT The expert noted ... the AFU from bombing Russian oil refineries, although commenting on this ... Ukraine's bombing of Russian oil refineries, as it shakes the ... this situation, a barrel of oil will cost $130-150, and ... are quite unreliable. Maybe the oil companies will profit, but the ... next step is that Russian oil refineries are collapsing due to ...
19.04.2024Tishchenko , Ukraine , Russia , US , oil refinery , oil
Libya tops oil production in Africa
... in Africa in terms of oil production, TASS reports Photo: www ... maintaining a stable level of oil production, and it is being ... March, Libya became the top oil producer in Africa: 1.24 ...
19.04.2024libya , Nigeria , Africa , oil
‘Go and search for what the country needs’
... materials Gomel Region, Rechitsa District, oil production Ivan Yarivanovich In total ... to was the level of oil production in Belarus. During ... am getting explanations that the oil reserves have been depleted. ... industrial reserves has been ensured: oil — about 14 million tonnes, ... of 2022. Interesting facts about oil production in Belarus • In ... 1933, the first industrial oil inflows were received in Byelorussia ... Pripyat Trough. Gomel Region, Mozyr Oil Refinery IVAN YARIVANOVICH Novopolotsk, Naftan ...
19.03.2024Lukashenko , mineral resources , oil , production , Khudyk
Lukashenko: oil reserves in Belarus are undervalued
... Aleksandr Lukashenko noted that Belarus’ oil reserves are undervalued, BelTA ... that the annual level of oil production in Belarus during ... has a monopoly in Belarus’ oil sector. The company really ... the geological conditions of the oil occurrence. There is no ... the industrial reserves of Belarusian oil currently stand at about ... to ensure an increase in oil production by an average of ... Of course, the conditions for oil production in the fields available ... fields are being developed and oil is being mined in ...
12.03.2024President , oil , Lukashenko
Belorusneft Head: 2m tonnes is immediate goal for Belarus’ oil production
The immediate goal of Belarus’ oil production is two million tonnes ... a further step in increasing oil production in Belarus,” he ... affected the growth rate of oil production. Aleksandr Lyakhov notes ... about the ceiling for Belarus’ oil production, because experts proceed ... “The immediate goal of Belarus’ oil production is 2 million tonnes ... recovered from wells that accumulate oil. “This shows how the ... conditions for oil production in Belarus have ... for these rocks to produce oil, it is necessary to ...
12.03.2024Belarus , Belorusneft , oil , Lukashenko
Six new wells added to Belorusneft fund in February 2024
... , Severo-Domanovichsky, Barsukovsky and Beskopylnovsky oil fields,” the company informed. The ... search, exploration and development of oil fields, drilling wells, the production ... of oil and associated petroleum gas in ... Belarus, and works in the oil sector of other countries.
01.03.2024Belorusneft , oil
Bloomberg: Saudi Arabia to cut oil prices for buyers from all regions
Saudi Arabia will reduce crude oil prices for buyers from all ... . According to the news agency, oil consumption typically eases during February ... and March, with oil refineries shutting down some of ... also reports that world crude oil prices dropped in 2023 for ...
09.01.2024Saudi Arabia , oil
India made first-ever Rupee payment for oil imports from UAE
... Rupee to pay for crude oil imports from the United Arab ... , paying in Rupees for crude oil purchased in the UAE helps ... on Rupee payments with other oil exporting countries. With over 85 ... per cent of its oil needs reliant on imports, India ... the lowest price, diversifying its oil supply sources and complying with ...
26.12.2023India , oil , Rupee
Brazil to join OPEC+ in January 2024
... , including the world's largest oil producers, Russia and Saudi Arabia ... . According to the Brazilian regulator, oil production in the country currently ...
08.12.2023Brazil , OPEC+ , oil
Middle East crisis could disrupt oil supplies and trigger price hikes
... years after the 1973 Arab oil embargo, the current crisis in ... the potential to disrupt global oil supplies and push prices higher ... ‘definitely not good news’ for oil markets. According to the Head ... been a significant reduction in oil production in Saudi Arabia and ... the conflict could push up oil prices higher, Executive Director of ... Press. Developing countries that import oil and other fuels would be ...
24.10.2023IEA , Middle East , crisis , oil , prices
Media: Biden sold about half of US oil reserves
... advantage of the US strategic oil reserve last year, when the ... to a sharp increase in oil prices, and he is now ... than 40 percent of strategic oil reserves in 2022 to help ... face of disruptions in global oil supplies. The situation in the ... to reporters that ‘the strategic oil reserve has been reduced to ... defend itself, arguing that enough oil is still stored in the ...
20.10.2023usa , oil
Egypt holding tender for development of oil fields in 23 zones
The Ministry of Oil and Mineral Resources of Egypt ... the exploration and development of oil fields in 23 new zones ... proposals include regions in all oil areas of Egypt. He explained ... country seeks to increase its oil production and attract investments for ...
28.09.2023egypt , oil
Focus on innovation
... Distroct — in terms of oil production, it is closest to ... During this time, nine new oil fields and 32 deposits were ... been discovered at the Metelnoye oil and gas condensate field — ... Polyakov, Director of the Yangpur oil company explained. Surveys in Western ... already shown that the recoverable oil resources here are 198 thousand ... obtained. The achievements of oil workers are the sum of ... the territory of the old oil province, where the company ... We are breaking records in oil and gas production, we have ...
13.09.2023Belarus , economy , oil , production , deposit , Belorusneft
China increased oil and gas imports since early 2023
... January-July 2023, China increased oil imports by 12.4 percent ... imported 325.752m tonnes of oil; in price terms, the purchase ... of crude oil abroad cost $187.293bn (12 ... purchased 43.686m tonnes of oil abroad for $23.904bn. In ...
15.08.2023china , oil , gas
Expert: Biden missed opportunity to buy oil for US at low prices
... missed an opportunity to purchase oil for strategic reserves at low ... in a difficult position, since oil exporting countries are reducing production ... in a difficult position regarding oil when it decided to postpone ... plans to replenish strategic oil reserves again. At the beginning ... , it missed an opportunity when oil prices were below $80 and ... not aware of the changing oil prices.” According to the expert ... , the strategic oil reserve in the United States ...
10.08.2023usa , oil
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