Fuel and energy

The Haynesville shale's dominance as a natural gas supply source could rise in 2018 amid unobstructed pipeline access to the northeast and close proximity to the US Gulf coast, a key industrial demand region

Japan's trade and industry ministry (Meti) in August launched an expert committee to discuss the country's energy policy.

The oil recovery factor (ORF) at the pilot licence block reached 67 percent, of which 15 percent is attributable to the use of ASP technology. The company will producing oil under this pilot project until its completion in Q1 2018.

. The company’s investment in this project currently stands at more than RUB3 billion.

A delegation of professionals from OOO LUKOIL-Engineering, which included specialists in the management of well construction design and monitoring, scientific work in the area of crude oil production, etc., paid a working visit to a TATNEFT Company.

The Asia-Pacific butane market underwent a sharp and largely unexpected reversal in 2017, as strong demand from major regional economies underpinned prices early in the year, only for signs of slowing consumption to erode gains in the fourth quarter.

Messoyakhaneftegaz completes construction of a highly complex production well at its Vostochno-Messoyakhskoye field.