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Man Oil Group AG, today confirms that pre-commissioning work has commenced at LINIK, the Ukrainian refinery of TNK-BP (the joint-venture between the Russian Tumen Oil Company and BP). The STORM 15 has been developed and will be operated by MOG AG.
STORM-15 is an economical, environmentally friendly, technological solution for the upstream and downstream markets’ treatment of oil waste, efficiently processing even heavy oil sludge types. Its technology has been developed following three years’ research and development at the Company’s scientific laboratories and engineering bureaus, working with leading international industry experts.
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March edition of international Oil&Gas Financial Journal published a vast article on the Russian market. Genadi Man was invited as an expert to comment on the market situation and share his experience.
The mission of OGFJ is to provide petroleum industry managers, analysts and investors credible information about the most important financial developments of oil exploration, oil and gas investing, international and regional oil and gas information and more. The journal site can be viewed here http://www.ogfj.com/index.html
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An offshore rig exploring possible deep-water oil and gas fields off Nigeria's coast for Chevron Corp. caught fire Monday, and the oil company said officials were still trying to account for all those working there. Nigeria is the fifth-largest crude oil exporter to the U.S. It produces about 2.4 million barrels of crude oil a day. However, more than 50 years of oil production has seen environmental damage through delta's maze of muddy creeks and mangroves.
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Zug, Switzerland, 13 January 2012, – Man Oil Group AG is pleased to announce the start of its operations in Kuwait.
In its pursuit to increase international presence and foster its leading market position, Man Oil Group has decided to launch a large-scale project in Kuwait.
After thorough market analysis and a series of experts’ scoping visits by company experts, it was agreed with a local partner (the name of the local partner to be disclosed soon) that in the beginning of February 2012 a team of the company’s specialists will commence the first project stage, which will result in processing 80 thousand m3 of oil-contaminated soil.
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Russian journal Topneftegaz publishes a recent interview of Man Oil Group President Genadi Man where he raises issues of environmental responsibility of the oil industry and the need to introduce green technologies in Russia.
Genadi Man: One of the biggest global risks that we face nowadays is connected with the irreversible changes in the environment and climate that accumulated and unattended oil waste can make. It would be problematic even to roughly estimate the potential damage to the national economy in the event of the eco-catastrophe. I find it really encouraging that major oil companies have started to heavily invest into clean-tech solutions.
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20 December 2011, – The 319 barrel spill comes less than a week after the US conducted its first auction for drilling leases in the Gulf of Mexico since the 2010 disaster, to the opposition of many environmental groups.
Initial coastguard reports suggested that the leaked fluid could contain up to 180 barrels of oil but Shell said the liquid was in fact "drilling fluid" and would not have "any significant impact on the environment".
The leak was reported on Sunday from Transocean's Deepwater Nautilus rig at Shell's Appomattox discovery. Shell said it had now temporarily abandoned the well and that the leak had been stopped.
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Vladivostok, Russia, 19 December 2011 (Reuters) – Rescuers on Monday said it would be a miracle if they found anyone else alive after a drilling rig sank with 67 people on board in the icy seas off Russia's far eastern coast, although the rig's owner said a raft had been sighted in the water.
The Emergencies Ministry, which usually coordinates rescue operations, declined to confirm a raft had been spotted and it was unclear if anyone could still be alive after more than 24 hours adrift in the depths of winter.
The Kolskaya rig, working for a unit of state-controlled gas export monopoly Gazprom, sank 200 km off Russia's Sakhalin island, sending a distress signal at 2224 GMT on Saturday.
There has been no information regarding environmental damage caused by the accident.
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CNN – BP is accusing Halliburton of having "intentionally destroyed evidence" related to the explosion aboard an oil rig in the Gulf of Mexico that led to the worst oil spill in U.S. history.
The accusation comes in court papers filed by BP Monday in federal court in New Orleans as part of a lawsuit aimed at having sanctions imposed on Halliburton Energy Services Inc., which was a contractor for BP on the Deepwater Horizon oil rig. An explosion on the rig on April 20, 2010, killed 11 people working on the rig and injured 16 others. The explosion led to more than 200 million gallons of oil being released into the Gulf.
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Zug, Switzerland, 6 December 2011, – Man Oil Group AG is pleased to announce a forthcoming global event in the oil sector. The Next Generation Downstream Summit is taking place in Bremen, Germany, from December 12 to 14 2011. Man Oil Group is a platinum sponsor of the Summit.
In total, the Summit is bringing together 65 CEOs and senior corporate officers from all over the world to discuss challenges and issues of Europe’s refining sector. Although the focus of the summit is Europe's refining sector, delegates will represent major industry players with operations in the USA, Mideast, Russia, Asia and Europe.
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Man Oil Group AG President and CEO Genadi Man took part in international conference Waste Management: Technologies and Investments held by the Analytical Centre under Government of Russia and the UNIDO Centre for International Industrial Co-operation in the Russian Federation in Moscow 10 November.
The conference was targeted at working with major issues of establishing a waste treatment complex in Russia as well as defining most effective methods and technologies of oil recovery and waste management, recycling and disposal.
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Owned by "Gazprom oil" Moscow Refinery has appealed to court for permission on air pollution from the Ministry of Natural Resources. While the Ministry is strongly against the claim, the conflict is complicated by the fact that the refinery prevents any environmental testing by the authorities onsite. The situation is being assessed by satellite images.
It is likely that the problem of massive air pollution is the result of waste settling ponds located at the refinery, close to the Moscow river. According to environmentalists, the refinery has been neglecting oil waste issues because of the high cost of such services. Earlier this year, the Federal Service of Technical Supervision found serious violations of technology and environment norms at the refinery.
The Moscow Oil Refinery officials deny the accusations.
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Man Oil Group Ukraine has fulfilled all the necessary legal procedures such as submission of construction documentation, finalising the roadmap for the construction site and signing the lease agreement for placement of STORM-15 in order to perform construction works in Lisichansk. In addition, the Ministry of Nature of Ukraine conducted an environmental review of technological processes employed by Man Oil Group Ukraine Ltd and issued the official endorsement of the company’s technology.
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5 October: Rena, a Liberia-flagged 235m vessel, was heading to Tauranga from Napier when it crashed into the Astrolabe Reef. The cargo ship was carrying 1700 tonnes of oil and 200 tonnes of diesel.
Defence Force personnel have been deployed to help clean up oil, the exclusion zone was extended to 2.8 kilometers.
Estimates suggested anywhere from 10 to 50 tonnes of oil had gone in to the ocean.
Now the priority needs to be preventing the vessel from breaking up and leaking its fuel - creating New Zealand's largest oil spill.
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TNK-BP, the Russian oil venture owned by BP Plc (BP/) and a group of billionaires, plans to invest $45 billion in exploration and production over the next decade to increase output. The company will increase output by 1 percent to 2 percent a year, said Stan Miroshnik, TNK-BP executive vice president for strategy and business development. It also plans to expand projects outside of Russia to add 110,000 barrels to 247,000 barrels of oil and gas output a day in the period.
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Man Oil Group President and CEO speaks on the company's progress on the Frankfut Stock Exchange and shares with readers the Group's plans for development as well as a story of cooperation with a major oil company.
The publication is aimed primarily at both to private and institutional investors, asset managers and industry observers, but will be of interest to a wider range of readers. Read the full story in German (please scroll down to page 3).
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Oil has been leaking from a Royal Dutch Shell pipeline in the North Sea. Shell did not say how much oil had been released since the leak was found, but estimated that the size of the sea surface affected was around 31 kms by 4.3 kms at its widest point.
Although the spill, from the Gannett Alpha platform, around 112 miles east of Aberdeen, has now been contained some 100 tonnes of oil have spilled into open waters.
It is the second leak linked to the platform in just over two years.
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Shell accepts liability for two oil spills in Nigeria. Oil giant faces a bill of hundreds of millions of dollars following class action suit brought on behalf of communities in Bodo, Ogoniland. Shell faces a bill of hundreds of millions of dollars after accepting full liability for two massive oil spills that devastated a Nigerian community of 69,000 people and may take at least 20 years to clean up.
Experts say they could together be as large as the 1989 Exxon Valdez disaster in Alaska, when 10m gallons of oil destroyed the remote coastline.
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Genadi Man came from the high-tech, specialist in communication in the past, now in Frankfurt stock exchange with an innovation project.
From the professional point of view, the information casts the light on the topicality of the method of the oil waist contamination developed by Man Oil Group. It relates the company’s projects as well the nearest plans of cooperation with world leaders of oil treatment. The listing in the Frankfurt stock exchange contributes to the financial successes of Man Oil Group.
Czerwensky.de is a professional review and analysis in all sectors of the economy in German. "First-hand information."
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1 August 2011 Man Oil Group President Genadi Man signed a contract with TNK-BP subsidiary in Ukraine. Man Oil Group has been recognized as the best company in the tendering procedure held by TNK-BP subsidiary CHAO LINIK for provision of services for extraction, treatment of oil sludge and waste management at the Lisichansk Refinery (Ukraine).
The Lisichansky refinery is the main asset of TNK-BP international holding in Ukraine. The plant can process about 8 million tons of crude oil annually.
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More than a trillion gallons of polluted water — a volume equal to Tampa Bay — cascaded from the flood-swollen Mississippi Delta watershed into the Gulf of Mexico daily during May. Now, scientists say, the vast plume could trigger toxic algae blooms and harm sea life as far away as Southwest Florida and the Florida Keys.
Some of that dirty water is circulating in a large 10,800-square-mile eddy about 150 miles west of Sarasota. Another smaller, but more concentrated slug is flowing southeast toward the Florida Keys. Loaded with nutrients, pesticides and other land-based pollutants, the contaminated water may feed blooms of toxic algae or create marine-life-killing "dead zones."
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The weekly edition of Euro am Sonntag, 16 July 2011 reports on recent listing of Man Oil Group on the Frankfurt Stock Exchange and shares a success story of the company’s founder, its President and CEO Genadi Man.
“Man Oil Group is the best thing I have ever done in my life”, says Genadi Man in his interview to journalist Lars Winter in Frankfurt.
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The event was organized and held by the Centre for Facilitation of Oil-Sludge Treatment Enterprises Development with support of the Chamber of Commerce of the Russian Federation.
At the forum opening Man Oil Group President and CEO Genadi Man delivered a speech on newest environmentally-friendly solutions for oil industry.Genadi Man: The objectives, which the Centre pursuits, cannot be postponed any longer. The current situation in the industry is critical: widely-spread technologies of oil waste treatment and utilization have hardly changed since Soviet times and are far behind from any quality standards, let alone environmental harm which they produce on the daily basis. Support to new market players who promote new effective and responsible solutions is vitally important.
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Man Oil Group AG is pleased to announce that its stock has been successfully listed on the Open Market of the Frankfurt Stock Exchange this Wednesday July 13th, 2011. The initial opening price was EUR 39.00. In total 1,580,000 shares have been admitted to trading. Equinet Bank AG, based in Frankfurt, is responsible for the active trading of the stock under the new specialist model.
“We are proud to announce our listing on this day. Our listing on the First Quotation Board is an important step in the development of our company and gives us the opportunity for additional growth”, states Genadi Man.
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In China’s Bohai Sea, one of the busiest waterways in world, the full details of a major oil spill are slowly coming to light. The China National Offshore Oil Corporation and US oil giant, ConocoPhillips have finally admitted that two leaks occurred last month from their Penglai operation, one of the country’s largest offshore oilfields. The Director of China’s State Oceanic Administration said that the spills polluted an area of more than 300 sq miles and that there are still small leaks. He said there will be a long-term impact on the marine environment but gave few details. This public admission comes more than a month after the first leak on June 4th. At a news conference yesterday ConocoPhillips said authorities were immediately notified when the accidents occurred.
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Today fees for the negative impact on the environment are regulated by two decrees of the Russian government dated 1992 and 2003. However, these laws, according to the Ministry of Environment and Natural Resources, do not meet minimum environmental requirements and businesses are not financially motivated to care for environmental safety.
In Russia environmental tax deductions do not cover even a tenth of the necessary financial costs of preventive measures. That is why from 1 January 2014 the Ministry of Environment and Natural Resources has planned to introduce increasing payment rates for emissions: 25-fold index instead of the current payment rate for the temporary permitted norms; 100-fold index for performance above the existing norms.
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Gennady Shmal: As I see new players on the market I access new trends and try to spot a positive vector. For example, Swiss company Man Oil Group entered the Russian market with its innovative and fresh approach to oil waste issue. In particular, Man Oil Group offers a cost-effective solution that is based on environmentally-friendly agents and machinery that is fully consistent with most severe European standards. It is vital that such a business model is reproduced across the whole country."
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ExxonMobil said between 750 to 1,000 barrels of oil escaped 1 July when a pipeline ruptured beneath the river near Billings. Some of the oil has washed ashore or formed pools of "milky brown" residue in river eddies.
Cleanup efforts have been hampered by flooding that made it harder to track and clean up the oil. The spill forced the evacuation of more than 200 nearby residents after it was discovered Friday night.
ExxonMobil is investigating the cause of the spill.
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"Ecological standards should not be considered by businesses as exotic or some kind of public duty, which is only made to please their bosses," Medvedev said. He also said all goods purchased by state orders and services should meet international ecological standards.
"All goods purchased by state orders must comply with international ecological standards," the president said. This is one of win-win ways to improve the competitiveness of domestic products on world markets, the President said. According to him, it is understood, that product innovation should not only be attractive, ergonomic and inexpensive, but also a mandatory clean.
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The company Rosneft-Service (100-% subsidiary company Rosneft) entered into a 3-year contract with Swiss company Man Oil Group with pursuit of new oil-sludge treatment technologies.
‘This technology was successfully tested in the Perm region in 2010, and in Samara earlier this year," says Man Oil Group President Genadi Man.
The results of application of the innovative technology were presented at the 9th Russian Petroleum Congress in Moscow. At present the technology is already in use in Khanty-Mansiysk, Nefteyugansk, Samara, Krasnodar and in Sakhalin.
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MOG AG President and CEO Genadi Man: Sludge is generated at each stage of oil processing and has become one of the most burning issues for the sphere which requires urgent solution. While popular ways of oil waste utilization put the environmental safety at risk, they lead to macro-economic losses of the country. This pattern has to be changed, and there are ready-to-use and environmentally safe technologies on the market.
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RPGC is supported by the Ministry of Energy of the Russian Federation, the Council of the Federation Committee on National Resources and Environmental Protection of the Federal Assembly of the Russian Federation, the International Gas Union (IGU), Union of Oil & Gas Producers of Russia, the Russian state owned, Rosneft and the world’s largest extractor of natural gas, Gazprom.
On the opening day of the Congress Genadi Man delivered a speech on new environmentally friendly solutions in oil industry as part of plenary meeting ‘Modernization and Adoption of International Standards’.
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31 May 2011 Man Oil Group Ukraine obtained an official state license to handle hazardous waste. The licence is issued by the Ministry of Environment and Natural Resources of Ukraine.
The federal law of Ukraine ‘On Entrepreneurship’ stipulates that all business activities that directly affect human health, environment and safety of the state have got to be licensed. Thus, the government regulates the quantity and quality of companies whose operations are connected with high responsibility.
Man Oil Group passed all the necessary professional procedures with relevant state authorities, which confirmed in their turn the quality and reliability of the technology employed by MOG AG for the market.
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In his interview to analytical edition Top Oil and Gaz (TopNeftegaz) Genadi Man points out to different approaches to environmental issues in Russia and Europe. He claims that in Europe business does not rely on solutions which only advantage is low cost. First and foremost comes qualitative parameter, and quality is never sacrificied.
Genadi Man speaks about emerging tendency in CIS oil industy to utilize environmentally friendly solutions. He finds it encouraging that such major companies as Rosneft, TNK-BP and LUKOIL have already got positive clean-tech experience.
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EU Commissioner for Energy Guenter Oettinger announced tightening of safety standards for oil offshore. He referred to energy related accidents which constitute a turning point in the energy world.
The bill is to be submitted by mid-June. The coastal zone will be increased from 12 nautical miles to 200. New safety standards in the territorial waters of EU countries will be extended. Fines for environmental damage will be significantly increased.
Genadi Man: Responsibility at the governmental level is a guarantee that accidents like that will cease to be an unmanaged threat to the environment.
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Vesti TV channel reports: Tar reservoirs (artificial ponds which were excavated for storage of oil wastes decades ago) have nearly shallowed now nearby Nizhny Novgorod (central Russia). Within 10 kilometers from the site soil and water are being contaminated. The reservoirs contain all possible kinds of chemical polluters: acid, lead, copper, zinc, and even aluminum. According to latest reports of environmentalists, city water supply of Dzerzhinsk city is being threatened. Meanwhile, the forest surrounding the ponds is dying.
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In the Sumy region (Northwestern Ukraine) raid specialists of the State Ecological Inspectorate of Akhtyrsky area detected an oil pipeline blast near Grun’ estate.
According to the press officer, the contaminated area exceeds 4,7 thousand square meters. Agricultural losses accrued by the accident are under estimation, but they are significant.
‘Though there are plenty of waste treatment technologies available, they are not
duly employed as they should be, especially in Ukraine’, says Genadi Man in his interview to the weekly Ukrainian newspaper ‘2000’.
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During the first 2 quarters of 2011 programme events from the previous year were analyzed and milestones for the environmental policy of the country were set. Azerbaijan is looking for effective recovery technologies for contaminated soil of the Absheron peninsula where lots of oil spills and sludge reservoirs are concentrated.
Successful test results of applying bioremediation (aboriginal culture activation) technology provide ground for strong recommendation to use Man Oil Group’s technology throughout the peninsula, says the experts report.
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The ecological situation in Russia is assessed as critical while volume of oil waste is growing considerably and outdated utilization technologies are predominantly employed. These figures raise questions about the urgent need to come to action and make changes. However the study marks a positive emerging trend of companies providing eco-friendly oil clean-up services. According to the study, the most environmentally-aware company on the Russian market rendering its oil utilization services is Man Oil Group.
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Canada, April 29: Alberta’s oil and gas regulator issued a press release stating it was investigating an oil pipeline leak northeast of Peace River — 7 km from the 500-member community of Little Buffalo. The spill from the 45-year-old Plains Midstream Canada pipeline had been “isolated,” “no injuries” occurred and there was “no threat to public safety,” assured the Energy Resources Conservation Board.
5 days later, officials revealed it was, in fact, one of the largest spills in the province’s history — at least 28,000 barrels of crude oil soaking into the ground and a nearby pond.
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April 27, the International Patent Commission accepted the papers for approval of a revolutionary component NHS, developed in the laboratory of MOG AG. The agent NHS accelerates natural processes of bioremediation of contaminated waste without introducing any pathogenic elements. The Commission has confirmed the uniqueness of the formula and the exclusive rights of Man Oil Group.
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Whoever has oil, rules the world, - the words of English admiral Fisher have not lost their meaning.In his interview to Ukrainian weekly newspaper ‘2000’ Genadi Man comments on the recent international energy forum and shares latest news on Man Oil Group development.
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Russian Prime Minister Vladimir Putin on Thursday ordered to raise export duties on oil products in order to address the domestic gasoline shortages, as several Russian regions have been severely affected by shortages of gasoline since last weekend.
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Genadi Man on the anniversary of the biggest offshore spill in the US history: When the accident took place, it was perceived only as a problem of a local scale. If the world had had a quick and reliable response to it, the situation would have been localized and have not grown to the major ecological disaster, which unfortunately happened later. What we witnessed is the alarming inability of oil industry worldwide to promptly and efficiently address aftereffects of oil spills. It is high time modern technologies were introduced and accepted by major oil market players to address the issue of environmental security.
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MS Olivia оil tanker ran into rocky shallows, and spilled more than 1,600 tons of crude oil into the South Atlantic Ocean. Thousands of endangered species penguins are fighting for their lives as an oil spill invades their sanctuary on Nightingale Island. Genadi Man: This unfortunate situation only proves that the environment demands from our end a complex and effective solution. MOG AG carries out relevant research programmes, and we are have got positive results.
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New sludge treatment equipment to operate in Ukraine. In his interview to Unian agency Genadi Man says, the new equipment will set the stage to revolutionize the field of oil processing as it is based on eco-friendly technology, developed by MOG AG. The contract is signed for the period of 3 years.
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On February 21, 2011, Man Oil Group (MOG AG) opened an office in Baku. MOG AG President Genadi Man: I see very good prospects for the carrying out of our mission in Azerbaijan. The region’s potential really is vast, and the situation is very favorable – Azerbaijan has matured sufficiently for the appearance of a modern solution such as the one we are offering.
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Oil losses which go along the treatment process are gigantic. The technologies which are currently in use endanger both the volume of natural resources and may lead to an environmental catastrophe. Producers in CIS countries experience the rising demand on tradable oil on the market.
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Prime Minster Vladimir Putin said Russia will hike fines on polluting companies under a new bill set to target metals firms, as over one sixth of the country's territory is contaminated. Genadi Man, MOG AG president: If there is no such stimulus at the governmental level, then companies will stick to old technology, and as a consequence, the country will fall behind: not only behind on environmental protection, but in economic growth.
