Eurasia Journal News

RN-Yuganskneftegaz, the largest production asset of Rosneft, produced the jubilee 500 millionth ton of oil at the Priobskoye field. The Priobskoye field (within the Priobskoye subsoil block) annually produces more than 20 million tons of hydrocarbons. Oil industry workers call it the pearl of Western Siberia: the field is unique in …

Vienna, Austria, 5 August 2021 – The price of OPEC basket of thirteen crudes stood at $71.83 a barrel on Wednesday, compared with $72.71 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), …

Gazprom Neft is expanding its environmental monitoring system using state-of-the-art ecological monitoring stations in the Orenburg Oblast. Gazprom Neft has commissioned four environmental monitoring stations and more than 100 air-quality monitoring sensors in the Orenburg Oblast. Total investment in this project will reach RUB2.3 billion by 2023. Gazpromneft-Orenburg’s environmental monitoring system tracks …

ConocoPhillips today reported second-quarter 2021 earnings of $2.1 billion, or $1.55 per share, compared with second-quarter 2020 earnings of $0.3 billion, or $0.24 per share. Excluding special items, second-quarter 2021 adjusted earnings were $1.7 billion, or $1.27 per share, compared with a second-quarter 2020 adjusted loss of $1.0 billion, or …

Gazprom Neft joined the Council of Industrial Partners of the Technological Hydrogen Valley consortium. The company will participate in projects to develop technologies for the production, transportation, storage and use of hydrogen, as well as the utilization of carbon dioxide. Today, Gazprom Neft already produces more than 100 thousand tons …

Eni publishes Eni For Human Rights, the third company’s report that illustrates its commitment to the respect for Human Rights, providing transparent information on Eni’s approach, challenges and performance on the matter. The report mirrors the United Nations’ Guiding Principles (UNGPs), the global framework created to prevent, address and remedy adverse …

Vienna, Austria, 3 August 2021 – The price of OPEC basket of thirteen crudes stood at $73.89 a barrel on Monday, compared with $74.98 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), …

Strong results and continued net debt reduction in an improving environment Operating performance was resilient in the second quarter with four major project* start-ups, strong momentum in the customers business, including material growth in convenience gross margin*, and delivery of $2.5 billion of cash costs* savings on a run-rate basis …

PJSC LUKOIL announces a new oil finding in the Sayulita prospecting area of Block 10 offshore Mexico following the drilling of an exploratory well. According to preliminary estimates, the initial geological resources of the new accumulation may contain up to 200 Mboe in place. The Sayulita-1 EXP well is the …

Vienna, Austria, 2 August 2021 – The price of OPEC basket of thirteen crudes stood at $74.98 a barrel on Friday, compared with $74.42 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), …