GRDF – Climate: Hydrogen, Unavoidable in the Ecological Transition
To facilitate the injection of hydrogen into distribution networks, GRDF and 66 gas distributors from 13 European countries have launched the Ready for Hydrogen (Ready4H2) initiative . The objective of this project is to offer a common vision, backed by the experience of European distributors, of the fundamental role of gas …
LUKOIL: Successfully Tries Out Casing Drilling
As a part of its technical and economic optimization programme, LUKOIL conducted controlled directional casing drilling at its Bayandyskoye and Pyakyakhinskoye fields, and received encouraging results. The Republic of Komi became the first region where the Company performed controlled directional 245 mm casing drilling featuring extractable bottom hole assembly. At …
OPEC Daily Basket Price: Friday, 19 November 2021, Stood at $80.32 a Barrel
Vienna, Austria, 22 November 2021 – The price of OPEC basket of thirteen crudes stood at $80.32 a barrel on Friday, compared with $79.37 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), …
Rosneft: Confirmed its Compliance with International Standards in the Field of Industrial Safety, Labor Protection and the Environment
Rosneft’s Integrated Industrial Safety, Labor and Environment Management System (IMS HSE) was once again recognized as complying with the requirements of international standards ISO 45001: 2018 “Occupational Safety and Health Management System” and ISO 14001: 2015 “Environmental Management System”. Ensuring industrial safety, labor protection and environmental protection is a priority …
NOV: Reinstates Regular Quarterly Dividend
NOV Inc. today announced that its Board of Directors has reinstated its regular quarterly cash dividend of $0.05 per share of common stock. “Reinstating a regular quarterly dividend demonstrates our continued commitment to returning excess capital to our shareholders along with our growing confidence in the emerging recovery of our …
Rosneft – BP Joint Venture: Names Field in Taymyr after Hero of the Russian Federation E.N. Zinichev
The State Reserve Commission (GKZ) confirmed the discovery of a new gas condensate field in the Taymyr Peninsula. The field with 384 billion cubic meters of gas reserves was discovered by exploration well No.1 drilled at the Verkhnekubinskoye subsoil area, the license for which is held by Ermak Neftegaz LLC, …
OPEC Daily Basket Price: Wednesday, 17 November 2021, Stood at $81.10 a Barrel
Vienna, Austria, 18 November 2021 – The price of OPEC basket of thirteen crudes stood at $81.10 a barrel on Wednesday, compared with $82.01 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), …
Gazprom Neft: Increases Gasoline Production by 6.5% in 9 Months of 2021
At the end of 9 months of 2021, the production of gasoline and diesel fuel at Gazprom Neft’s own refineries – Moscow and Omsk – increased by 6.5%, to 5.53 million tons and 1%, to 6.95 million tons, respectively. The total refining volume increased by 7.6% against the result of 9 …
Bolivia Presides Over the 23rd Ministerial Meeting of the Gas Exporting Countries Forum
The 23rd Ministerial Meeting of the Gas Exporting Countries Forum (GECF) was held on 16 November 2021, under the Chairmanship of HE Franklin Molina Ortiz, Minister of Hydrocarbons and Energies of the Plurinational State of Bolivia as its President. The meeting was convened by videoconference. On the backdrop of unprecedentedly …
Strategic Cooperation Between Gazprom and ENGIE Underpinned by Long-term Contracts
A working meeting of Alexey Miller, Chairman of the Gazprom Management Committee, with Jean-Pierre Clamadieu, Chairman of the Board of Directors of ENGIE, and Catherine MacGregor, Chief Executive Officer of ENGIE, took place today via a conference call. It was noted that Russia has been a reliable supplier of gas to France for as many as 45 years, …