LUKOIL Announces IFRS Financial Results for the Second Quarter and Six Months of 2021
PJSC “LUKOIL” released its condensed interim consolidated financial statements for the three and six month periods ended June 30, 2021 prepared in accordance with International Financial Reporting Standards (IFRS). Financial Highlights 2Q 2021 1Q 2021 6M 2021 6M 2020 (RUB bln) 2,201.9 1,876.5 Sales 4,078.4 2,652.4 339.8 314.4 EBITDA 654.2 295.3 …
OPEC Daily Basket Price: Thursday, 26 August 2021, Stood at $70.75 a Barrel
Vienna, Austria, 27 August 2021 – The price of OPEC basket of thirteen crudes stood at $70.75 a barrel on Thursday, compared with $70.59 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), …
Tatneft: Published its IFRS Consolidated Interim Condensed Financial Statements for the Three and Six Months Ended 30 June 2021
PJSC Tatneft published on its web-site (http://www.tatneft.ru/?lang=en) the unaudited consolidated interim condensed financial statements (the “Financial Statements”) for the three and six months ended 30 June 2021 prepared in accordance with International Financial Reporting Standards (“IFRS”) and the related Management Discussion and Analysis of Financial Condition and Results of Operations …
OPEC Daily Basket Price: Wednesday, 25 August 2021, Stood at $70.59 a Barrel
Vienna, Austria, 26 August 2021 – The price of OPEC basket of thirteen crudes stood at $70.59 a barrel on Wednesday, compared with $69.71 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), …
OPEC Daily Basket Price: Tuesday, 24 August 2021, Stood at $69.71 a Barrel
Vienna, Austria, 25 August 2021 – The price of OPEC basket of thirteen crudes stood at $69.71 a barrel on Tuesday, compared with $67.33 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), …
Tatneft: To Celebrate Oil and Gas Industry Workers Day
‘Adapt and overcome!’ Under this motto, on September 4, residents of 9 districts of Tatarstan will celebrate the Day of Oil and Gas Industry Workers in their cities. Festive events are organized by the Company in Almetyevsk, Aznakaevo, Bavlakh, Bugulma, Jalil, Leninogorsk, Nurlat, as well as in Yelabuga and Nizhnekamsk. Top …
RN-Yuganskneftegaz: Shortens Well Construction Period
RN-Yuganskneftegaz (a production asset of Rosneft) increased the ROP by an average of 5% compared to 2020 due to the modernization of drill bits. As a result, oilmen reduced the well construction period by 24 hours during production drilling and by more than 10 hours during sidetracking. ROP depends on …
OPEC Daily Basket Price: Monday, 23 August 2021, Stood at $67.33 a Barrel
Vienna, Austria, 24 August 2021 – The price of OPEC basket of thirteen crudes stood at $67.33 a barrel on Monday, compared with $66.13 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), …
NOVATEK Regrets to Announce that Viktor Orlov, a Member of NOVATEK’s Board of Directors, has Passed Away at the Age of 81
Viktor Orlov was an outstanding Russian geologist, who rose from a coal mine worker to the Minister of Natural Resources of the Russian Federation and, subsequently, a member of the Federation Council of the Federal Assembly of the Russian Federation, as well as President of the Russian Geological Society. For …
Samotlorneftegaz: Improves Environmental Friendliness of Production
Samotlorneftegaz, which is part of the oil and gas production complex of NK Rosneft, will build 120 new wells using energy from mobile modular substations. Energy facilities will be installed in remote areas of the field, where the construction of stationary power plants is not efficient. As part of the Rosneft-2022 …