Eurasia Journal News

Arctic LNG 2 today announced that the first modules for LNG Train 1 were successfully delivered by the Project’s EPC contractor, a joint venture of Technip Energies, Saipem and NIPIGAS. The two first pipe-rack modules weighing approximately nine thousand tons each were shipped from the Zhoushan port in China to …

Vienna, Austria, 21 September 2021 – The price of OPEC basket of thirteen crudes stood at $73.47 a barrel on Monday, compared with $74.14 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), …

Financial highlights During the period Six months ended 30 June 2021 2020 $’m $’m Revenue 10.1 5.0 Gross Profit 7.7 2.4 Operating profit / (loss) 3.9 (0.9) Profit / (loss) before tax 3.4 (1.4) Total assets 124.9 121.9 Cash & cash equivalents 0.3 0.2 Inventories & other current assets 5.6 …

Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Permian business to ConocoPhillips, a leading shales developer in the basin, for $9.5 billion in cash. The transaction will transfer all of Shell’s interest in the Permian to ConocoPhillips, subject to …

ConocoPhillips today announced several actions to further enhance its compelling, distinctive investment proposition. The actions are consistent with the company’s financial framework, its stated capital allocation priorities and its commitment to playing a valued role in the energy transition. Materials describing today’s actions are provided at www.conocophillips.com/investor. The actions include: …

PJSC LUKOIL adopted a revised technical policy on energy efficiency and reduction of greenhouse gas emissions. In compliance with the requirements of climate legislation, the policy will be applied at the Company’s enterprises in Russia. The technical policy aims at improvement of energy efficiency of all work processes on the …

Vienna, Austria, 20 September 2021 – The price of OPEC basket of thirteen crudes stood at $74.14 a barrel on Friday, compared with $74.17 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), …

Ensuring the sustainability of its production activities, Rosneft works continuously to minimise its impact on the environment in order to preserve it for the benefit of current and future generations. The Company is a member of the UN Global Compact, thus confirming its commitment to the highest principles of sustainable …

The Gazprom Management Committee endorsed the revised drafts of the investment program and budget (financial plan) for 2021. As per the revised investment program for 2021, the overall amount of investments will stand at RUB 1,185.258 billion, which is RUB 282.845 billion more than was envisaged in the investment program approved in December 2020. Of that amount, RUB 1,024.929 billion (up by RUB 160.866 billion) is intended …

PJSC LUKOIL and PJSC Gazprom Neft concluded an agreement on creating a joint venture to develop a major oil and gas cluster in the Nadym-Pur-Tazovsky area of the Yamal-Nenets Autonomous District. The document was signed by Vagit Alekperov, President of LUKOIL, and Alexander Dyukov, CEO of Gazprom Neft PJSC, in presence …