Oil

The Magnum gas power plant has three combined cycle gas turbines (CCGT) with a capacity of 440 MW each. One CCGT emits approximately 1.3 million tons of CO2 per year.

State-owned Saudi Aramco issued its long-awaited Annual Review for 2016 today, showing the company's increasing focus on boosting its natural gas output and its downstream expansion

Gazprom Neft subsidiary Gazpromneft-Vostok has begun construction of a gas pipeline connecting the booster compressor station at the Urmanskoye field with gas transportation infrastructure operated by Tomskgazprom.

Two crews of the “KAMAZ-Master” team visited the TATNEFT’s filling station No. 29 in the Moscow region, at the 21st km of the Warsaw highway.

China’s Beijing Gas Group has bought 20 per cent of a Russian oil and gas field from state-run Rosneft for $1.1bn, in a deal that also gives the Russian energy producer access to the Chinese domestic gas market

A meeting with graduates of Baku Higher Oil School (BHOS) selected for work at STAR Refinery of SOCAR Turkey company and BHOS students undertaking on-the-job training at SOCAR facilities in Turkey was held at BHOS.

Iraqi oil minister Jabbar al-Luaibi said today that he expects oil prices to recover gradually and that it is too early for Opec and its non-Opec allies to look at further action to rebalance prices.

Seismic investigations have been undertaken at all license blocks belonging to Evrotek-Yugra, with nine exploration wells drilled between 2013 and 2016.

President Donald Trump plans to nominate Richard Glick, general counsel for the Democrats on the Senate Energy and Natural Resources Committee, to serve on the Federal Energy Regulatory Commission (FERC)

Russian state-controlled Rosneft said today the company's servers have been under «massive attack», but that production is not affected.

US independent refiner Valero increased light crude processing to undisclosed "record volumes" this month as export cuts slashed sour crude's competitiveness, the company said today.

PJSC TATNEFT and Schneider Electric have signed a Cooperation Intent Agreement.