OPEC daily basket price stood at $84.52 a barrel Tuesday, 26 October 2021
Vienna, Austria, 27 October 2021–The price of OPEC basket of thirteen crudes stood at $84.52 a barrel on Tuesday, compared with $84.66 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 (Congo), Zafiro …
Equinor: Q3 2021 Results – Capture Value from Higher Commodity Prices
Equinor reports adjusted earnings of USD 9.77 billion and USD 2.78 billion after tax in the third quarter of 2021. IFRS net operating income was USD 9.57 billion and the IFRS net income was USD 1.41 billion. The third quarter of 2021 was characterised by: Strong results due to higher …
NewTech Services: Wins Best Russian Well Completion Service Provider Award
NewTech Services received the highest rating and became the best Russian well completion service provider based on the results of the Oilfield Services Survey conducted among the key oil and gas operating companies. The Winner Award Ceremony was held on October 21, 2021, at the Moscow InterContinental Hotel at the …
Alexander Novak: Oil Demand Will Reach Pre-Pandemic Levels by the End of Summer 2022
Moscow. Russian Deputy Prime Minister Alexander Novak has named the time frame when the demand for oil will recover to the pre-pandemic level. This should happen by the end of the summer of 2022. He said that Russia expects that at the OPEC + meeting, which will be held on November 4, the …
Rosneft: Increases Vostok Oil Prooven Reserves with Gushing Well
Geologists of Vostok Oil, the largest oil and gas project of NK Rosneft, during geological exploration at the Lodochny field, proved the oil saturation of the Nizhnekhetskaya suite and justified its inclusion in the main development targets. The exploration well received a gushing flow of waterless oil with a flow rate …
ChTPZ: Representatives of the Russian Ministry of Natural Resources Assess Environmental Program Implementation
The Chelyabinsk Pipe-Rolling Plant (ChTPZ), a part of the Pipe Metallurgical Company (TMK), was visited by Maxim Korolkov, head of the project office of the federal program “Clean Air”, and other representatives of the Ministry of Natural Resources and Ecology of the Russian Federation (Ministry of Natural Resources of Russia), …
Gazprom and TMK: Discuss the Development and Production of New High-Tech Pipe Products
A working meeting between Alexey Miller , Chairman of the Gazprom Management Committee and Dmitry Pumpyansky, Chairman of the Board of Directors of Pipe Metallurgical Company (TMK), took place in St. Petersburg today . The parties discussed the development and production of new high-tech pipe products in the interests of Gazprom, as well as priority areas …
Eni Among the 10 Top Performer Companies Worldwide for Sustainability Reporting According to the World Business Council for Sustainable Development
Eni has been included, for the third year in a row, in the top 10 of the best performing companies for its sustainability reporting, according to the World Business Council for Sustainable Development’s analysis that assessed 168 leading global companies. “We are proud of this result, which confirms the solidity …
OPEC Daily Basket Price: Friday, 22 October 2021, Stood at $83.42 a Barrel
Vienna, Austria, 25 October 2021 – The price of OPEC basket of thirteen crudes stood at $83.42 a barrel on Friday, compared with $83.36 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), …
Amphibious All-terrain Vehicles Added to Gazprom Neft’s Arctic Transport Fleet
Gazprom Neft Shelf has expanded its transport fleet with all-season Sherp all-terrain vehicles. The new amphibians are based in the rotational village of Varandey and are intended for rescue services on the coast of the Barents Sea and nearby islands. The use of Sherp all-terrain vehicles amphibious will provide increased mobility to …