Analytics: page 3
September 18, 2017/ 08:53
ODMCoin oil service company is developing mobile complexes to process oil drilling mud wastes into building material for roads

Tyumen. ODMCoin oil service company is developing mobile complexes to process oil drilling wastes into construction material for roads.
Tyumen. Tyumen oil service project ODMCoin has become the world's first blockchain investment option in the oil and gas sector. Its main goal is ...
September 11, 2017/ 07:17
Alexander Khurshudov: Autumn brings the oil industry some good news
No sooner has the summer finished than news items appeared in abundance. Commentators, managers, ministers and hurricanes have become active.
More than anything, Hurricane Harvey came out of hand severely flooding Houston, the US oil capital. It’s hard to believe that in just a ...
August 01, 2017/ 08:11
Alexander Khurshudov: it’s good to have holiday season at the oil market
It’s summer now. The temperature in the Kuban reaches 40 degrees C. The beaches are so overcrowded that the sunburnt holiday makers have to sunbathe standing up like horses. The few news items dry out at the oil and gas agencies’ web sites.
The stock exchange turnover has ...
July 18, 2017/ 09:11
Brent quotes analysis, 15.07.17
At the end of June Brent formed a long-term down trend with the minimum of $44. 36 (picture 1), followed by a bounce to $50. Then there were some fluctuations in the interval with the week closing at $49. 09.
The descending trend is supported by an unprecedented disinformation ...
July 04, 2017/ 07:21
Alexander Khurshudov: Eastern Europe hasn’t realized yet that gas transportation through the Ukraine is to stop in 1.5 years
Let’s start with some naked facts.
The first line of the Turkish Stream is going to be put in operation in March 2018, the second one in 2019. Alexey Miller, the head of Gazprom reported this to the RF President Vladimir Putin at the ceremony dedicated to the beginning of laying the ...
June 16, 2017/ 07:24
Igor Shpurov: Accurate reserves estimations will enhance the investment in the subsoil
Moscow. This year the State Reserves Committee celebrated its 90th anniversary. That is why the Reserves Ministry, Rosnedra and the UN European Economic Committee supported the international conference “Issues on reserves estimation in Russia compared to the international standards”. ...
June 15, 2017/ 07:34
Brent quotes dynamics analysis, 12.06.17
On Friday Brent quotes on the spot market reached the bottom of the long-term rising trend, which began last year (pic. 1). The price minimum was $47. 42 for a barrel, and then it started growing cautiously. On Monday, while Russia was having a bank holiday, Brent was traded at $48-49 in ...
June 08, 2017/ 07:50
Alexander Khurshudov about geologists’ conference in MSU: The society has grown the need for real working discussions
Moscow. International conference “New ideas in oil and gas geology” took place in Moscow State University on 25-26 May. Our reporter talked to Oil&Gas Information Agency expert Alexander Khurshudov, who took part in the event.
- Alexander Grigorievich, first of all share ...
May 23, 2017/ 07:30
Alexander Khurshudov: Another forecast predicting explosive growth of shale oil production is designed for the OPEC conference participants
Moscow. The US Energy Ministry amended its forecast on shale oil production making it bigger. By June 2017 it is supposed to reach 5. 4 million barrels per day. For the second month of the year alone the oil production grew by 150 thousand barrels per day.
The share of the Permian oilfield ...
May 18, 2017/ 07:58
Alexander Khurshudov: No indulgences for the sufferer Exxon
Moscow. The US Finance ministry decided not to make any exemptions from the anti-Russian sanctions and not allow Exxon and other American companies to drill in the RF, having consulted Donald Trump, the US president. According to the information published by Interfax on 21 April with reference ...
May 05, 2017/ 13:02
Alexander Khurshudov: They will have to wait until the oil prices rise to increase the US offshore production
Moscow. The US President Donald Trump’s order to expand oil and gas production in the US offshore means the end of the shale oil production era. This is what Sergey Donskoy, the Natural Reserves and Ecology minister claimed. . . It means that the new administration are placing stakes on ...
April 17, 2017/ 07:25
Alexander Khurshudov: sadly, there aren’t any billions of tons of recoverable reserves in the Bazhenov formation
Moscow. The top priority for the RF mineral reserves development project till 2030 is “putting into operation the previously discovered, explored, but not currently developed deposits of the hard-to-recover reserves associated with the Bazhenov formation, the Domanic horizon and similar ...
April 12, 2017/ 08:06
Experts: Russian refineries can cope with the current conditions of the supply from Belorussia
Moscow. Relieving Belorussia from the counter-deliveries of petrol to Russia won’t influence the market. The Oil and Gas Information Agency’s experts believe that the abandonment of the compulsory counter-deliveries of petroleum products from Belorussian refineries won’t affect ...
April 03, 2017/ 15:55
ALEXANDER KHURSHUDOV: if oil exporters are not happy with the slow increase of oil price, they will cut quotas in June
IIn February OPEC reduced oil production by 139. 5 thousand bpd. Meanwhile Saudi Arabia claims that it was producing 10. 011 mln bpd last month, though according to other sources this figure is 214 thousand bpd less. Kuwait and the UAE combined lost 0. 8%, while Nigeria gained 3. 7%. Iran ...
April 02, 2017/ 11:43
Igor Shpurov: the high petroleum price and the availability of perspective areas will enable to widen the scope of exploration
Tyumen. The geology in Russia today is on the verge of a new phase: the approach to reserves is drastically changing. Russia has become the first country, whose national classification of hydrocarbon (HC) reserves got recognized by the UN. Now is the time to summarize the results, and pay ...
March 22, 2017/ 08:11
Alexander Khurshudov: Long-term agreements on gas supply with the EU makes no sense for Russia anymore
Moscow, 13 March 2017. Threatened with fines from the European Commission… Gazprom agreed to drastically reconsider the pricing for the Eastern Europe and the Baltic countries, according to the European Commission press center’s report issued on Monday.
The price of gas ...
March 13, 2017/ 09:14
Alexander Khurshudov on the oil prices movements: there is no active rise without a big fall
Moscow, 10. 03. 2017. The oil prices resumed the negative dynamics during the second half of trading on Friday, 10th March. A barrel of North Sea oil dropped to $51. 18, a barrel of light Texas oil went down in value to $48. 37. These are the lowest indicators of the commodity market since ...
March 01, 2017/ 12:10
CRUDE STOCKS TROUBLE: SOME ARE GROWING, OTHER COME SHORT
By mid-February the commercial stocks of crude oil in the US reached another peak of 518 mln barrels. The stock exchange was taken by surprise and went a bit crazy, the oil bears tried to push WTI price below $52. 5, but were defeated. It’s time to clarify what kind of stocks they are, ...