INK in the Media
Projects to harness the rich resources of Eastern Siberia have continued at pace over the last few years, with investments in the construction of the Irkutsk Polymer Plant having reached $1bn. Irkutsk Oil Company is on the precipice of bringing about meaningful change in the region as a result
Sberbank representatives, headed by Deputy Chairman of the Management Board Anatoly Popov, together with the General Director of Irkutsk Oil Company LLC Yakov Ginzburg visited the construction site of the Irkutsk Polymer Plant and the Ust-Kut Gas Processing Plant.
Itochu and partners launch feasibility study of blue ammonia value chain between Eastern Siberia and Japan
Itochu Corporation and Irkutsk Oil Company (IOC); Japan Oil, Gas and Metals National Corporation (JOGMEC); and Toyo Engineering Corporation (TOYO) have agreed to undertake a detailed study for the commercialization of a blue ammonia value chain between Eastern Siberia and Japan.
SUEZ has signed a contract for a large wastewater treatment project and has been awarded an associated 10-year service agreement with Irkutsk Polymer Plant of Irkutsk Oil Co., an independent oil and gas producers located in Russia building a new, modern polymer plant in the Eastern Siberia region of the country. Through its water technologies and solutions business, SUEZ will supply critical water technology for the new plant and will guarantee performance and membrane replacements for the duration of the service agreement.
Sometimes the task at hand can appear so daunting that the enormity of what must be achieved can be completely overwhelming. If that is the case then strong leadership and clear communication of a strategic plan can overcome this.
Irkutsk Oil Company has grown markedly since its founding less than 20 years ago. Now, it has a new project in its sights that will drive significant economic development in East Siberia.
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.