Shell: Sets out Expected Timetable of Simplification
As a result, the Board has also decided to change the company’s name to Shell plc which will be implemented in January 2022, with a further announcement to be made at the time. Today’s decisions follow the completion of the consultation with the Centrale Ondernemingsraad van Shell Nederland (Central Staff …
Regular Meeting of the TATNEFT’s Board of Directors Held
The 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 Almetyevsk on December 20, 2021. Results of executing the budget of PJSC TATNEFT for eleven months of 2021 were considered at the meeting …
PetroNeft: 2021 Reserves & Resource Audit
PetroNeft an oil and gas exploration and production company, operating in the Tomsk Oblast, Russian Federation and 90% owner and operator of Licence 67 and 50% owner and operator of Licence 61 is pleased to provide the results of the reserves and resource audit, the first undertaken since 2016, for …
Gazprom Neft: Increases Reserves Estimates at Eastern Siberia’s Chonsky Group
Russia’s State Reserves Commission has confirmed a two-fold increase in reserves at the Ignyalinsky block, forming part of the Chonsky group of fields, with recoverable reserves on this project increasing 35% to 290 million tonnes. Gazprom Neft specialists have updated the seismic model for the Ignyalinskoye field in the Irkutsk Oblast, …
Repsol: Sells Remaining Russia Assets To Gazprom Neft
The Spanish Repsol leaves the oil production business in the Russian Federation. The company will sell its stakes in the oil assets of Eurotek-Yugra and ASB Geo to its Russian partner, Gazprom Neft. The deal is likely to be closed by the end of the year, and its amount will …
RN-Yuganskneftegaz: Performed a 30-Stage Hydraulic Fracturing at the Priobskoye Field
For the first time, RN-Yuganskneftegaz carried out a 30-stage hydraulic fracturing treatment at well pad No. 600 of the Priobskoye field. As a result of the well completion, the average inflow was 750 m3 / day, which is almost 7% higher than expected. The Priobskoye field is unique in terms of …
Gazprom: Management Committee endorses 2022–2026 Digital Transformation Strategy of Gazprom Group
The Gazprom Management Committee endorsed the Strategy of digital transformation of Gazprom (Gazprom Group) for 2022–2026. It was highlighted that Gazprom is actively creating and implementing advanced digital technologies. Today, special software packages and digital modeling technologies are widely used throughout the entire production chain of Gazprom, allowing the Company to efficiently manage its business processes during …
Zoltav Resources: Proposed Cancellation of Admission of Ordinary Shares to Trading on AIM
Zoltav, the Russia-focused oil and gas exploration and production company, announces that a circular (the “Circular”) will be sent today to Shareholders detailing the following proposals: · the cancellation of admission of Zoltav’s Ordinary Shares to trading on AIM (the “De-listing”); · a Tender Offer under which ARA Capital Holdings Limited will …
NOVATEK: Board of Directors Changes Management Board Composition
The Board of Directors of PAO NOVATEK has passed the resolution to change the composition of the Company’s Management Board. The Board of Directors terminated the powers of the Management Board member Evgeny Kot. Sergey Solovyov who previously held the position of Deputy Chairman of the Management Board – Director …
OPEC Daily Basket Price: Thursday, 16 December 2021, Stood at $74.66 a Barrel
Vienna, Austria, 17 December 2021 – The price of OPEC basket of thirteen crudes stood at $74.66 a barrel on Thursday, compared with $73.12 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), …