Posts Tagged ‘Sakhalin’

  1. Tillerson


    December 11, 2016 by AK

    In dealing with Russian authorities, Exxon has always stood out among its peers for toughness. The company has steadfastly rejected opportunities that would not put it in control of a project: it would rather stay away altogether. As a result, 20 years after signing the original production-sharing agreement (PSA), ExxonMobil remains the operator and the …
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  2. The August blip/trough explained


    August 18, 2016 by AK

    OK, here’s the apparent reason for Russia’s daily oil output inching down by 2%+ this month from the average July rate. Actually, the shortfall has lately narrowed a little to about 30,000 tons per day or 220,000 bpd, less than 2% down from July. Prime, a Russian news agency, quotes Rosneft’s head of E&P saying some …
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  3. Sakhalin


    June 9, 2016 by AK

    I have never been to Sakhalin. I’ve been lucky to visit other oil and gas places but Sakhalin is so far away from European Russia, it’s almost another planet. Last year, Sakhalin produced a little more than 3% of Russia’s oil and condensate. The modest percentage does not explain what’s so special about the island’s oil …
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