INK in the Media
YARAKTA OIL FIELD, Russia (Reuters) - In the frozen taiga of eastern Siberia, where bears roam in spring after waking from hibernation, an independent Russian oil company is bucking the domestic industry trend by rapidly ramping up its output and expanding operations.
Rich with gas well sources, East Siberia is emerging as the new leader in the gas processing industry.
Andrew Sharman describes how a week in Siberia, alongside battling the cold, has left him intrigued by two leaders with different styles and how they can be used to motivate and influence.
As growing difficulties surround fossil fuels, Russian oil and gas producer Irkutsk Oil continues to implement major projects and improve business
The world is awash in oil. OPEC, in the past, would throttle production to bolster markets. Now, it has opened the spigots. Among the world’s top producers, Russia, Iraq, Canada and China are now pumping flat out, too. Take a look at some of the prominent people behind the boom.
Nov. 26 (Bloomberg) -- Nikolai Buynov’s introduction to the oil industry came by way of a motor-oil salesman who visited his native Siberia in 1995 loaded with “beads and mirrors for the natives.” Buynov, a graduate of the Leningrad Institute of Rail Engineers who’d been running a fuel and lubricants trading business, ignored the trinkets and seized upon another of the salesman’s offerings: a book on the history of Royal Dutch Shell.
In the past, eastern Siberia had to rely mostly on coal for its energy supply. Now, Irkutsk Oil has begun plans to utilise the region’s gas reserves. Oil production has recently changed in the eastern Siberia region. A massive natural gas project is being implemented by the Irkutsk Oil Company – the largest Russian independent non-publicly traded company and the third-largest hydrocarbon producer in eastern Siberia.