- The International Energy Agency expects oil demand growth to slow in 2024
- The International Monetary Fund re-selects Kristalina Georgieva as its director
- Libya to target producing 1.4 million b/d by end 2024
- TotalEnergies launches the Marsa LNG project and deploys it multi-energy strategy in Oman
- H.E. Minister Al-Kaabi: Demand for oil and gas will continue for long; we have to be responsible, and Qatar is doing its part
- Egypt to stop exporting LNG starting from the beginning of May 2024
- QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels
- The joint development of the Dorra field between Saudi Arabia and Kuwait is pending the demarcation of the border with Iran
- Minister of Energy reaffirms the UAE’s commitment to adopting clean energy and supporting the Paris Agreement
- The new Hassi Messaoud refinery enjoys the support of the government and President Tebboune
New hydrocarbon deposits discovered in Chechnya, 1st time in 30 years
For the first time in 30 years, new hydrocarbon deposits have been discovered in Chechnya, Rosneft said, Report informs via Russian media.
“Geologists from the Rosneft Science and Technology Center (STC), together with geologists from Grozneftegaz (part of the Rosneft), made the past 30 years’ first discovery of new hydrocarbon deposits in the Chechen Republic. More than 2.5 million tons of oil and 1 billion cubic meters of gas have been put on the state balance of reserves,” Rosneft said.
The company notes that increasing the efficiency of replenishment of reserves is one of the key elements of the Rosneft-2022 strategy, it plans to replenish at least 100% of the produced hydrocarbons.
