Install

Get the latest updates as we post them — right on your browser

. Last Updated: 06/17/2013

Oil Spill Occurs at Trebs Field

The Moscow Times

About 130 cubic meters of oil spilled over an area of about 1,000 square meters at the Trebs field in the Yamal-Nenets autonomous district, the local branch of the Emergency Situations Ministry reported on its website, as cited by Interfax.

The field is being developed by oil company Bashneft.

No fire broke out following the spill, and no one was injured. Cleanup work is now under way.

This was the second accident at the Trebs field during well re-entry by oil-field services company Burs.

In April, an unsealed well head spewed a mixture of oil and gas into the surrounding area. The Federal Service for Environmental, Technological and Atomic Inspection said the accident occurred in part because of Burs personnel's lack of experience.

In the wake of the spill, Bashneft fired Alexander Dashevsky, senior vice president for oil and gas production, and Rinat Nagayev, head of the oil and gas department.

Bashneft said it is already implementing a program aimed at preventing similar accidents in the future.

Related articles:



comments powered by Disqus



Also in Business

Despite Downturn, GM Investing $200M in Local Car Parts Plant

A 50-50 venture, GM-AvtoVAZ, is now sourcing components from the local partner, the biggest Russian automaker.

Finance Ministry Bids to Limit World Cup Spending

Faced with the need to fork out an additional 250 billion rubles ($7.8 billion) for the 2018 World Cup, Finance Minister Anton Siluanov has asked Prime Minister Dmitry Medvedev to legally set this sum as the final figure.

Rusnano Seeks to Lure $5Bln Investment

State-owned technology enterprise Rusnano has laid out new plans to lure $5 billion in investment to Russia's technology sector over the next six years after opting out of a previously planned stock exchange listing.

Political Feud Rattling Investors in Georgia

A political tug of war in Georgia is unsettling business and hurting the economy in the former Soviet state that has won the most international praise for its market-friendly reforms.

Dvorkovich Sees Possibility of Guriev Return

Some see the meeting of the deputy prime minister and the economist, who chatted like "old friends" as a sign of government support.

Businessmen Eagerly Await Recycling Law

Business is urging the government to expedite legislation that would introduce recycling fees for household waste to attract investments into the industry, but officials from the Natural Resources and Environment Ministry said this law will not be ready for at least another three years.



print




Most Read
advertising
Moscow Directory
DELIKATNY PEREEZD

Local & intercity moves...

LA BOTTEGA

Over 170 wines on the wine list, mainly from Italy, France and Spain...