Gazprom’s Projects Make an Important Contribution to the Social and Economic Development of the Yamalo-Nenets Autonomous Okrug
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Artyukhov, Governor of the Yamal-Nenets Autonomous Okrug (Yamalo-Nenets Autonomous Okrug) took place in St. Petersburg today . It was noted that the large-scale work of the company on the territory of the Okrug makes an important contribution to the socio-economic development …
The Credit Rating of Tatneft has been Affirmed at Highest Level of ruAAA on National Scale with ‘Stable’ Outlook
Expert RA has affirmed ruAAA credit rating of PJSC Tatneft with stable outlook. This credit rating is the highest on national scale. Expert RA upon its confirmation of Tatneft’s credit rating mentioned, amongst other things, moderately strong risk profile of Tatneft Group, high level of oil and gas reserves, its …
Caspian Sunrise PLC: Increase in the Price for Oil Sold to the Domestic Market
The Board of Caspian Sunrise are pleased to announce that it has been informed that the price for oil sold to the domestic market from its flagship BNG Contract Area has been increased to approximately $12.4 per barrel. While this still lags far behind the international price it is approximately …
OPEC Daily Basket Price: Wednesday, 14 April 2021, Stood at $63.39 a Barrel
Vienna, Austria, 15 April 2021 – The price of OPEC basket of thirteen crudes stood at $63.39 a barrel on Wednesday, compared with $61.85 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), …
Shell Presents Energy Transition Strategy Publication to Shareholders for Advisory Vote
Shell today issued its Energy Transition Strategy publication, which will be put to shareholders for an advisory vote at the company’s Annual General Meeting on May 18, 2021. This is the first time that an energy company has asked shareholders to vote on its energy transition strategy. “As we transform …
OPEC Daily Basket Price: Tuesday, 13 April 2021, Stood at $61.87 a Barrel
Vienna, Austria, 14 April 2021 – The price of OPEC basket of thirteen crudes stood at $61.87 a barrel on Tuesday, compared with $61.46 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 Monthly Oil Market Report, April 2021
Spot crude prices rose for the fifth-consecutive month in March on the back of continuing supportive oil market fundamentals. The OPEC Reference Basket (ORB) increased $3.51 or 5.7% m-o-m to average $64.56/b, the highest on monthly terms since January 2020. In the first three months of 2021, the ORB was …
RusGazBurenie: Completes First Hydraulic Fracturing Operation at the Kovyktinsky Gas Condensate Field
In 2021-2022, RusGazBurenie LLC will have to complete 375 hydraulic fracturing operations at the Kovyktin GKM with a total injection of more than 23,000 tons. The Kovyktinsky gas condensate field , opened in 1987, is the largest in the East of Russia in terms of gas reserves and is key …
Sakhalin Energy Is One of the First in Russia to Publish the 2020 Sustainable Development Report
Roman Dashkov, Chief Executive Officer noted in his opening address: “Sakhalin Energy has always strived for more, so it will strictly adhere to the principles of continuous improvement and sustainable development, considering them the key to the company’s long-term competitiveness”. The focus on continuous improvement provides the opportunity for Sakhalin …
VSNK Overfulfilled the Plan for Winter Deliveries to the Yurubcheno-Tokhomskoye Field
The East Siberian Oil and Gas Company, a subsidiary of Rosneft Oil Company, has summed up the results of the operation of temporary winter roads in the Evenki municipal district of the Krasnoyarsk Territory. During the winter road period from January to April 2021, the oil workers exceeded the plan for …