NOVATEK’s Board of Directors Established a Subcommittee on Climate and Alternative Energy
The Board of Directors of PAO NOVATEK established a “Subcommittee on Climate and Alternative Energy” within the Board’s Strategy Committee comprised of Dominique Marion (Chairman), Arnaud Le Foll, Robert Castaigne, Tatiana Mitrova, Alexander Natalenko and Viktor Orlov. The Subcommittee will review various aspects of the Company’s business operations and develop …
NOVATEK Releases 2020 Sustainability Report
The Board of Directors of PAO NOVATEK approved NOVATEK’s 2020 Sustainability Report that provides insights into Company’s non-financial performance to help a wide range of stakeholders learn more about NOVATEK’s sustainable business principles and the Company’s environmental, social and governance performance. NOVATEK is honored to release its 14th Sustainability Report that …
The First Russian System of High-Speed Borehole Measurements is Being Created with the Support of the New Industry Foundation
The New Industry Ventures (a joint venture fund of Gazprom Neft, Gazprombank, RVC and VEB Ventures) has invested in the development of a universal telemetry platform to support the drilling of high-tech wells. The New Industry Venture Fund supported the implementation of a project by Axel, which specializes in the …
OPEC Daily Basket Price: Tuesday, 13 July 2021, Stood at $75.13 a Barrel
Vienna, Austria, 14 July 2021 – The price of OPEC basket of thirteen crudes stood at $75.13 a barrel on Tuesday, compared with $74.33 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), …
OPEC Daily Basket Price: Monday, 12 July 2021, Stood at $74.33 a Barrel
Vienna, Austria, 13 July 2021 – The price of OPEC basket of thirteen crudes stood at $74.33 a barrel on Monday, compared with $74.18 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), …
FTSE4Good Index Reconfirms NOVATEK
PAO NOVATEK today announced that the FTSE Russell rating agency reconfirms that NOVATEK remains a constituent of the FTSE4Good Index following their June 2021 review for the fifth consecutive year. NOVATEK’s overall ESG rating of 3.7 with the highest scores on Corporate Governance and Anti-Corruption themes is ahead of the majority …
NOVATEK Reports Preliminary Operating Data for the Second Quarter and First Half 2021
PAO NOVATEK reported today preliminary operating data for the second quarter and first half 2021. In the second quarter 2021, NOVATEK’s hydrocarbon production totaled 156.6 million barrels of oil equivalent (boe), including 19.95 billion cubic meters (bcm) of natural gas and 3.1 million tons of liquids (gas condensate and crude …
Petrosibir: Production Report for June 2021
Petrosibir’s total oil production during June 2021 amounted to 31,311 barrels, equivalent to 1,044 barrels per day. The table below summarises the average monthly / daily production in 2020 and per month in 2021, broken down by region. 2020 2021 Average Jan Feb Mar Apr …
Rosneft Publishes Supplier Human Rights Code
Rosneft has published the Code of Suppliers of Goods, Works and Services in the Field of Observance of Human Rights . Rosneft respects and strictly observes in its activities human rights and freedoms in accordance with the UN Universal Declaration of Human Rights, the Social Charter of Russian business, generally recognized standards …
The share of Recycled Water in Rosneft Production Reached 94% in 2020
By the end of 2020, Rosneft increased the share of recycled and reused water in production activities to 94%. This indicator has remained above 90% for the past seven years. Rosneft has been a member of the UN Global Compact for more than 10 years, and in 2018 it confirmed its …