Eurasia Journal News

Within the framework of the VI Eastern Economic Forum Rosneft and Equinor signed an agreement on cooperation in the field of industrial and fire safety, occupational health, environmental protection and transportation safety, including when implementing joint oil and gas projects. The document is being signed further to a similar agreement …

Alexey Miller, Chairman of the Gazprom Management Committee, today held a conference call marking Oil and Gas Industry Workers Day. The heads of Gazprom Dobycha Noyabrsk, Gazprom Dobycha Kuznetsk, Gazprom Transgaz Saratov, Gazprom Transgaz Yugorsk, and Gazprom Kyrgyzstan made operational performance reports at the meeting. Shorthand record of message delivered by Alexey Miller Good …

The Uzbekistan government has named Bekhzot Narmatov as the new chairman of the management board of Uztransgaz JSC, the state-owned gas transportation company, the Ministry of Energy has announced. Mr. Narmatov has been Deputy Minister of Energy, having joined the Energy Ministry in December 2019. Mr. Narmatov, who has been …

Vienna, Austria, 2 September 2021–The price of OPEC basket of thirteen crudes stood at $71.27 a barrel on Wednesday, compared with $71.43 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 …

As part of today’s Eastern Economic Forum, in the presence of the Minister of Energy of the Russian Federation Nikolai Shulginov and the Minister of Economy, Trade and Industry of Japan Hiroshi Kajiyama, PAO NOVATEK (“NOVATEK” and/or the “Company”) and the Ministry of Economy, Trade and Industry of Japan signed …

As part of today’s Eastern Economic Forum, PAO NOVATEK and the Japan Bank for International Cooperation signed a Strategic Cooperation Agreement (“Agreement”) on low-carbon projects. The Parties intend to cooperate on projects to produce hydrogen and ammonia, carbon capture, utilization, and storage technologies, as well as renewable energy projects in …

Vienna, Austria, 1 September 2021 – The price of OPEC basket of thirteen crudes stood at $71.43 a barrel on Tuesday, compared with $71.88 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), …

Accumulated production at the Severo-Danilovskoye field, which is being developed by AngaraNeft, a joint venture between Rosneft and Equinor, amounted to 1 million tonnes. The Severo-Danilovskoye field development project includes drilling more than 100 wells at ten well pads. The construction of a preliminary water discharge unit, a reservoir pressure maintenance …

LUKOIL produced today the 2-billionth tonne of oil since the beginning of commercial development of West Siberian fields. This milestone event took place on the cusp of the Company’s 30th anniversary. The first billionth tonne of oil was produced in the region in 1999. Nowadays, LUKOIL operates at 120 licence …

At today’s meeting of LUKOIL Board of Directors in Moscow, the members of the Board reviewed the Company’s performance in the first half of 2021, budget execution and progress on investment program. The Directors noted that LUKOIL Group achieved the main objectives for the first six months of 2021 defined by …