KazMunayGas Group: On the Current Situation
Joint-stock National Company KazMunayGas (“KMG”) informs on the stable assets’ operation during the state of emergency in the Republic of Kazakhstan. Oil & gas producing, oil transporting, oil refining, gas processing, service and the other Group assets did not stop their production processes and maintain operations in a normal condition. …
OPEC Daily Basket Price: Monday, 10 January 2022, Stood at $81.75 a Barrel
Vienna, Austria, 11 January 2022 – The price of OPEC basket of thirteen crudes stood at $81.75 a barrel on Monday, compared with $82.16 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), …
Tatneft: Figures Demonstrating Operation Results in December and for Twelve Months of 2021
Crude Oil Production: Enterprises of the TATNEFT Group of Companies produced 2,439.6 thousand tonnes of crude oil in December with the production volume from the beginning of the year amounting to 27,830.2 thousand tonnes, which was 1,816.7 thousand tonnes more than during the same period in 2020. PJSC TATNEFT’s production …
NOVATEK and Zhejiang Energy Sign Sales and Purchase Agreement on Long-Term LNG Supply
PAO NOVATEK announced today that its wholly owned subsidiary, NOVATEK Gas & Power Asia Pte. Ltd., and Zhejiang Energy Gas Group Co., Ltd, a subsidiary of the Zhejiang Provincial Energy Group (“Zhejiang Energy”) signed a long-term LNG sale and purchase agreement (“SPA”) for the LNG produced from the Arctic LNG …
NOVATEK and ENN Natural Gas Sign Sales and Purchase Agreement on Long-Term LNG Supply
PAO NOVATEK announced today that its wholly owned subsidiary, NOVATEK Gas & Power Asia Pte. Ltd., and ENN LNG (Singapore) Pte. Ltd., a subsidiary of ENN Natural Gas Co., Ltd. (“ENN Natural Gas”) signed a long-term LNG sale and purchase agreement (“SPA”) for the LNG produced from the Arctic LNG …
OPEC Daily Basket Price: Friday, 7 January 2022, Stood at $82.14 a Barrel
Vienna, Austria, 10 January 2022 – The price of OPEC basket of thirteen crudes stood at $82.14 a barrel on Friday, compared with $80.80 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), …
Gazprom Neft: Establishes a New Production Centre in the North of the Yamalo-Nenets Autonomous Okrug
Gazprom Neft has commissioned oil production infrastructure at its Pestsovoye and En-Yakhinskoye fields in the Yamalo-Nenets Autonomous Okrug. Production volumes here expected to exceed 6.3 million tonnes of oil equivalent (mtoe) as early as next year. Oil-rim deposits at these two fields from part of the company’s new oil production centre in the Arctic. A central gathering plant has been …
OPEC Daily Basket Price: Friday, 31 December 2021, Stood at $77.97 a Barrel
Vienna, Austria, 3 January 2022 – The price of OPEC basket of thirteen crudes stood at $77.97 a barrel on Friday, compared with $78.33 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), …
LUKOIL and Gazprom Neft Sign Binding Agreement as Part of Joint Venture Creation
PJSC LUKOIL and PJSC Gazprom Neft concluded sale and purchase agreement for 50% equity share of Meretoyakhaneftegaz LLC, a Gazprom Neft wholly owned subsidiary. The contract was signed as part of creating a joint venture to develop a large oil and gas cluster in the Nadym-Pur-Tazovsky area of the Yamal-Nenets Autonomous …
ERIELL – Gazprom Neft’s Best Contractor
ERIELL became the best contractor of Gazprom Neft in the drilling of production wells by the end of 2021. The Recognition of the Best ceremony was held in St. Petersburg, the winners were determined in the following categories: hydraulic fracturing, current and major well workover, drilling of production wells and …