Chevron Gets Green Light for Captain EOR
Energy giant Chevron announced Tuesday it has received approval from the U.K. Oil and Gas Authority (OGA) to move ahead with its plans for an Enhanced Oil Recovery (EOR) project that aims to unlock millions of extra barrels of oil and extend the life of the long-producing Captain field in the U.K. Central North Sea.Chevron North Sea Limited (CNSL), which operates Captain as 85 percent stakeholder, said its plan includes applying polymer injection technology to increase production and help maximize economic recovery from the field located approximately 145 kilometers northeast of Aberdeen.
Gazprom Says Poland Gas Supply Issue Resolved
Russia's Gazprom said on Thursday a technical issue that caused poor quality gas to be delivered to Poland via the Yamal pipeline had been resolved. Poland on Wednesday temporarily halted gas deliveries from Russia via the pipeline due to poor quality of the gas. "From this afternoon on, the quality of natural gas that enters the gas transportation system of Poland corresponds to that foreseen in the contract," Gazprom's export division, Gazprom Export, said in a statement. (Reporting by Oksana Kobzeva; Writing by Jack Stubbs; Editing by Susan Thomas)
Gazprom Inks Gas Transport Deal with Eustream
Russian gas giant Gazprom said on Tuesday it had signed a 5.3 billion euro ($5.6 billion) gas transportation framework deal with Slovakia's Eustream until 2050. "This agreement provides for a basis for future contracts on transportation and allows to participate in obtaining any capacity in the gas transportation system of Slovakia," Gazprom Export, the export arm of Gazprom, told Reuters in an e-mailed comments. Gazprom said earlier that the Slovak gas transportation system will be used in the long term even if the Nord Stream 2 gas pipeline is built.
Ukraine Suspects Pipeline Blast was an Attack
Ukraine said on Tuesday it was treating an explosion on a pipeline carrying Russian gas to the rest of Europe as a possible "act of terrorism", intended to discredit Ukraine as a reliable supplier. The blast, after Russia cut supplies to Kiev in a price row but continued supplying the European Union, caused no casualties and did not interrupt gas flows but has increased tension as Kiev tries to end an uprising by pro-Russian separatists. The Interior Ministry issued a statement which described the blast…
Ukraine to Split Debt-laden Gas Company
Decree expected later on Wednesday with more details; Naftogaz reform a condition of IMF help (Adds comment from energy minister, confirms proposal accepted. Ukraine will to split its debt-laden state-controlled gas company Naftogaz into three separate businesses to comply with European Union rules regulating competition. Reform of Naftogaz has been on the cards for years and could be one solution to the perpetual wrangling between Kiev and Moscow over Ukraine's gas debts, which have disrupted supply to Europe in the past. Taking steps to make Naftogaz profitable could increase its ability to pay its bills on time.
