Novatek increases Kharbeyskoye field reserves

PAO Novatek is targeting Jurassic with exploration wells Nos. 306 and 307 to further develop Kharbeyskoye field in the Tazovskiy district of the Yamal-Nenets autonomous region. The company’s No. 305 well has already increased reserves of natural gas, condensate, and oil, Novatek said. Source: News


US Senate confirms McIntyre, Glick nominations to FERC

The US Senate confirmed the nominations of Kevin McIntyre and Richard Glick to the Federal Energy Regulatory Commission on Nov. 2. McIntyre, who co-leads the global energy practice at the Jones Day law firm, will serve the remainder of a term that ends in June 2018 and a full term that ends 5 years later. […]


Nigerian group renews threat to oil flow

Nigerian oil production came under renewed threat Nov. 3 when a militant group canceled a ceasefire in effect this year and warned of a “brutish, brutal, and bloody” campaign against oil companies. Source: News