OPEC Daily Basket Price Stood at $108.76 a Barrel Monday, 18 July 2022
Vienna, Austria, 19 July 2022–The price of OPEC basket of thirteen crudes stood at $108.76 a barrel on Monday, compared with $104.39 the previous Friday, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …
bp and thyssenkrupp Steel work together to advance the decarbonisation of steel production
bp and thyssenkrupp Steel today announced they have signed a memorandum of understanding (MoU) focused on the development of long-term supply of low carbon hydrogen and renewable power in steel production, helping accelerate the steel industry’s wider energy transition. thyssenkrupp Steel accounts for 2.5 percent of CO2 emissions in Germany, …
OPEC Daily Basket Price Stood at $122.94 a barrel Tuesday, 31 May 2022
Vienna, Austria, 1 June 2022–The price of OPEC basket of thirteen crudes stood at $122.94 a barrel on Tuesday, compared with $120.01 the previous day, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …
OPEC Daily Basket Price Stood at $120.01 a Barrel Monday, 30 May 2022, Compared With $118.84 the Previous Friday
Vienna, Austria, 31 May 2022–The price of OPEC basket of thirteen crudes stood at $120.01 a barrel on Monday, compared with $118.84 the previous Friday, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …
TATNEFT’s Board of Directors Approved the Company’s Policy in the Area of Sustainable Development
A meeting of the Board of Directors of PJSC TATNEFT named after V.D. Shashin chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Kazan on May 27, 2022. The Board of Directors approved the Policy of PJSC TATNEFT named after V.D. Shashin in the area of …
Caspian Sunrise: Operational update 25 May 2022
Introduction The Board of Caspian Sunrise PLC (“Caspian Sunrise” or the “Company”) is pleased to report the successful workover of Well 142 on the MJF structure, which has added a further approximately 1,400 bopd (at 8mm choke) to the BNG production capacity, which including the existing South Yelemes wells, is …
LUKOIL Completes Acquisition of Russian Retail and Lubricants Assets of Shell
The final agreement on acquisition of Shell’s Russian retail and lubricants assets was signed in Moscow. The assets include the chain of filling stations primarily located in the Central and Northwestern federal districts of Russia, and lubricants blending plant located in Tver region. The sale was approved by Russia’s Federal …
OCTG Prices Expected to Remain High for Remainder of 2022 – Rystad Energy OCTG and Energy Steel Market Note
The OCTG sector in the US continues to struggle with extremely restricted supply in the face of strong demand as China’s steel production and prices begin to return to normal. Here is Rystad Energy’s weekly steel and OCTG note from two of our analysts, Alistair Ramsay and Matthew Loffman: Energy …
OPEC Daily Basket Price Stood at $114.96 a Barrel Tuesday, 24 May 2022, Compared with $115.95 the Previous Day
The price of OPEC basket of thirteen crudes stood at $114.96 a barrel on Tuesday, compared with $115.95 the previous day, according to OPEC Secretariat calculations Source
Gazprom completely suspends Gas Supplies to Finland’s Gasum Due to Failure to Pay in Rubles
As of the end of the working day on May 20, Gazprom Export did not yet receive a payment from Finland’s Gasum for the gas supplied in April, which was to be made in compliance with the Russian President’s Decree No. 172 dated March 31, 2022. Payments for gas supplied since April 1 must be made in rubles via new account details, of which the …