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Moscow, Russia

Lukoil is Russia's second largest oil company and its second largest producer of oil as of 2005. In 2012, the company produced 89.856 million tons of oil in terms of proven oil and gas reserves. In 2008, the company had 19.3 billion barrels of oil equivalent per SPE standards. This amounts to some 1.3% of global oil reserves. The company has operations in more than 40 countries around the world. Wikipedia.


The author offers an effective solution for control of hydraulic fractures propagation in low permeability layered non-uniform reservoirs due to redistribution of reservoir stress. Source


Georgiopoulou et al. present a reassessment of the Rockall Bank Slide Complex (RBSC) NE Atlantic using reprocessed bathymetry data combined with seismic reflection data to propose a deeper linkage between underlying Mesozoic faults and the location of the headwall scarps of the slide complex. Although the faults have a key role to play in defining the shape of the slope I am unclear as to how these two seemingly independent phenomena are linked as cited in the paper. Fluid flow is also explored by the authors as a mechanism for making the slope prone to failure; however there is not enough evidence to suggest that this is the case as direct evidence of such flow is not present on this margin. An indirect dating method using an average growth rate model to estimate the age of a seabed mound which is assumed to be a carbonate mound is used; however the likelihood of the mound being a volcanic mound is not fully explored nor discounted. Whilst any study of the RBSC is to be welcomed I am not convinced about the evidence used to support the conclusions and feel that the findings should take into account existing knowledge from the region. © 2013 Elsevier B.V. Source


The present work represents the experience gained at Lukoil-Neftochim- Bourgas on study of catalytic activity and stability of the available on the market today most active catalysts for motor fuels with ultra-low or near zero sulphur content production at laboratory and commercial conditions. As a result of the carried out catalytic tests at Lukoil-Neftochim-Bourgas Research laboratory the most suitable catalytic system that provides motor fuels meeting the Euro IV and Euro V requirements in terms determined by the European Directives has been selected. The economic efficiency of results, obtained from the research work turned to find out effective decisions for production of environmental friendly fuels, implementation amounts approximately to 8 million US $ within 2004-2009. Source


The present invention concerns a process for the production of a cylinder oil comprising the steps: providing a used oil, providing a fresh cylinder oil, and blending the used oil with the fresh cylinder oil, wherein the used oil has a lower TBN value than the fresh cylinder oil. The invention further concerns a process for the operation of an internal combustion engine comprising the steps of: preparing a cylinder oil according to a process for the production of a cylinder oil as described herein and using the cylinder oil in the internal combustion engine. Also part of the present invention is an apparatus for the preparation of a cylinder oil, comprising a blending means for blending used oil and fresh cylinder oil, characterized in that the blending means is in flow communication with at least one compartment of an internal combustion engine that comprises used oil or at least one storage compartment comprising used oil, at least one storage compartment for fresh cylinder oil, and at least one cylinder of an internal combustion engine. A further aspect of the present invention is the use of used oil and fresh cylinder oil for the preparation of cylinder oil. The processes, apparatus and uses of the present invention are especially provided for the use with two-stroke crosshead engines installed on a ship.


News Article | August 19, 2016
Site: http://www.theenergycollective.com/rss/all

Russian providers dominate the amount of oil imported to the European Union (EU) and most imports are from “unstable countries”, according to data from a new study provided by Cambridge Econometrics for Transport & Environment (T&E). According to the study, 88 percent of all of the EU’s crude oil is imported, and eight out of the top ten oil suppliers to Europe are non-European companies. Russian firms supply 36 percent of imported crude to the EU, with Rosneft exporting 20 percent of that, and Lukoil exporting 12 percent. Only two EU-based companies – Shell and Norway’s Statoil – are in the top ten of producers supplying oil to the region. “Europe’s profligate use of oil is filling the pockets of big oil companies in unstable countries including Russia and Libya,” said T&E oil policy officer Laura Buffet. In addition to Russia and Libya, most of Europe’s oil came from countries deemed by the report researchers as “unstable,” including, Libya, Azerbaijan, Kazakhstan, Nigeria, and Angola. Europe’s increased dependence on crude oil seemed to coincide with Europe’s dependence on diesel, which doubled between 2001 and 2014, the report went on to say. During that same period, domestic crude oil production, and even crude oil imports from fairly stable countries, decreased—forcing Europe to rely even more heavily on unstable countries to meet their booming demand. T&E analysts called for reducing the carbon footprint caused by transportation, and suggest a shift toward electric vehicles, which would lead to a 1% increase in EU GDP, create up to 2 million new jobs and reduce emissions from cars and vans 83 percent by 2050. The post, EU Exposed: Imports Account For 88% Of All Crude In EU, was first published on OilPrice.com.

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