Fuel and energy

IBM today announced that Concern Galnaftogaz has tapped IBM to deploy a company-wide asset and service management solution that will be used by all departments and divisions to bring greater simplicity and security to its growing operations.

The Mineral and Raw Material Base Development. Gas Production. Gas Transmission System Development Press Conference was held in Moscow today in the lead-up to the annual General Shareholders Meeting.

The Ministry of Energy of the Russian Federation has approved Gazprom Neft’s application for its project on “Developing Domestic Technologies and High-technology Equipment to Develop Reserves at the Bazhenov Formation” to be awarded the status of a national project.

Global oil supply and demand were almost balanced in the first quarter this year, with oil inventories increasing only by 100,000 b/d compared with the end of last year, according to the IEA.

The external inspection of the pipeline will be executed by the joint venture between MMT Sweden and Reach Subsea.

Fortum Charge & Drive continues their expansion in the UK by providing the Cloud Solution for EV Driver Ltd,  located near Ipswich, East Anglia.

Gazpromneft-Aero has retained its leading position on the Russian market in terms of Q1 2017 direct sales, with the company making “wing-tip” deliveries of more than 460,000 tonnes, up three percent year-on-year