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News - Page 13

March 25, 2015
In the Zaporozhye region the entity selected granite deposit


Kuibyshev district prosecutor's office has returned to state ownership land with total area of ​​nearly 60 hectares and cost more than 1.3 million UAH. According to the press service of the Prosecutor's Office of Zaporozhye region in 2005 the Kuibyshev granite quarry received special permission for use of mineral resources and use the land for the development of the field of granite.

March 23, 2015
"Nadra Ukraine" has identified 15 promising "shale" sections


NAK "Nadra Ukraine" identified 15 promising sites and development of methodological grounds for drilling operations for the extraction of shale gas. Such intentions the company said, noting that for each of these objects is developed separate business project in order to attract investment capital.

March 23, 2015
Ministry of Environment has opened up access to information about the review and the cost of special permits


The Ministry of Environment has opened access to information about the cost of special permits for subsoil and subsoil acquired geological information that have been sold in recent years. This ministry said in a statement. Also in the public domain can now find information about the status of applications for special permits for subsoil korytuvannya.

March 23, 2015
Publish What You Pay criticized the current version of instructions for disclosure of British Industry


Guide to the Rules of British Industry reporting on payments to governments is being prepared on behalf of the International Association of Oil and Gas (IOGP) and the International Council on Mining & Metals (ICMM). According PWYP, key elements in the current version of branch instructions very questionable and discredit intended to assist reporting companies under the Act. The approach to reporting instructions encourages companies to report in a way that is inconsistent with the law and keep the payments withheld from the public. Despite appeals, the industry still refuses to change those elements that are substituted in responsible companies.

March 20, 2015
Last gas for Ukraine


Private gas companies offers an alternative settlement of tax liabilities. Subsoil users will be able to transfer part of the produced gas to the amount of their rental obligations "Naftogaz of Ukraine". This provision is contained in the bill №2395, initiated by Alexander Onishchenko, the People's Deputy (group "will of the people"), Deputy Chairman of the Committee on Fuel and Energy Complex, Nuclear Policy and Nuclear Safety. "Today, on the shoulders of gas producers to put more tax burden. Said document should facilitate the fiscal pressure on the industry, "- said Onishchenko.

March 19, 2015
In February, coal production in Ukraine has decreased by 60%


Coal mining enterprises in Ukraine in February 2015 reduced coal production by 60% compared with February 2014 - up to 2 million tons. This is stated in the State Statistics Committee. As noted, in January-February 2015 produced 4.6 million tons of coal. Recall that in January 2015, coal production in Ukraine has decreased by 51.2% compared with January 2014 - up to 3.42 million tons.

March 19, 2015
BG Group plans to extract oil on the Norwegian shelf


On Wednesday, the BG Group reported early field development Knarr, that in the North Sea. In this regard, it is planned to produce about 80 million barrels of oil equivalent. The company also noted that the production will be carried out using a floating vessel for the production, storage and offloading, which has a production capacity of 63 thousand. Barrels of oil equivalent per day, and its capacity is 800 thousand barrels.

Rada returned to the state control over Ukrnafta


The Deputies adopted the bill as a whole and №2273 "On Amendments to the Law of Ukraine "On Joint Stock Companies" (with respect to payment of dividends joint stock company)", which will allow the state to regain control over the company Ukrnafta. Appropriate decision at a meeting on Thursday, March 19 supported the 275 deputies. Thus, the law introduces a quorum for meetings of shareholders to 50% for all companies and provides for the payment of dividends.

March 18, 2015
Shell and Statoil were among the winners at the development of 11 Indonesian oil and shale gas


Major oil and gas companies Shell, Statoil and Petronas have won the 8 to develop natural gas fields and three shale. This was stated by the Ministry of Energy and Coal Industry of Indonesia. Eight deposits of natural gas is one of the 13 proposed by the government last year. The other five fields failed to attract investors. The winning companies have pledged to spend US $ 1 44250000. To conduct exploration work over three years on 11 fields.

March 18, 2015
ExxonMobil requires lower income tax rate for the project "Sakhalin-1" up to 20% and return overpaid billions in taxes


The American company ExxonMobil requires lower income tax rate for the project "Sakhalin-1" from 35% to 20% and return tens of billions of rubles overpaid, said Wednesday the newspaper "Kommersant". According to the newspaper, on Wednesday will arrive in Moscow president of the American ExxonMobil Rex Tillerson, he will meet with Finance Minister Anton Siluanov, Energy Minister Alexander Novak, Deputy Prime Minister Arkady Dvorkovich and President of "Rosneft" Igor Sechin. The main theme, according to the publication, will be the situation around the project "Sakhalin-1" where ExxonMobil is the operator and owns 30%. The American company wants to return the money overpaid as income tax in the project.