Eurasia Journal News

Uzbekistan GTL LLC Moves Closer to Completion

Uzbekistan GTL LLC issues an update on the current state of the construction of the largest complex for the production of synthetic liquid fuel in the region. Despite the impact of the Covid-19 pandemic in 2020 the project has now entered the final stages with the overall implementation of planned …

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Eurasia Journal News

OPEC Daily Basket Price: Monday, 12 April 2021, Stood at $61.46 a Barrel

Vienna, Austria, 13 April 2021 – The price of OPEC basket of thirteen crudes stood at $61.46 a barrel on Monday, compared with $61.14 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), …

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Eurasia Journal News

LUKOIL Determined the Best Scientific and Technical Development Among Youth in Western Siberia

LUKOIL-West Siberia (a 100% subsidiary of PJSC LUKOIL) has announced the results of the XXIII competition for the best scientific and technical development of young workers and young specialists. The first degree diploma and the main prize – a certificate for obtaining additional education on an individual program with the right …

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Eurasia Journal News

Enter Engineering Announces 2020 Project Updates and 2021 Operations Guidance

Enter Engineering, one of the largest EPC contractors in Uzbekistan, announces updates on selected priority projects during 2020, and provides forward guidance on 2021 activity. Ulugbek Usmanov, General Director at Enter Engineering, said: “Enter Engineering is involved in a variety of projects central to Uzbekistan’s growth and development. From the …

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Eurasia Journal News

OPEC Daily Basket Price: Friday, 9 April 2021, Stood at $61.14 a Barrel

Vienna, Austria, 12 April 2021–The price of OPEC basket of thirteen crudes stood at $61.14 a barrel on Friday, compared with $61.22 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 …

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Eurasia Journal News

NOVATEK Reports Preliminary Operating Data for the First Quarter 2021

PAO NOVATEK reported today preliminary operating data for the first quarter 2021. In the first quarter 2021, NOVATEK’s hydrocarbon production totaled 158.1  million barrels of oil equivalent (boe), including 20.15 billion cubic meters (bcm) of natural gas and 3,129 thousand tons of liquids (gas condensate and crude oil), resulting in …

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Eurasia Journal News

The Economic Effect from the Implementation of the Production Efficiency Program “Slavneft-Krasnoyarskneftegaz” Amounted to More than 6 Billion Rubles

For three years, Slavneft-Krasnoyarskneftegaz received an economic effect of 6.4 billion rubles from the implementation of measures to improve production efficiency. Improving production efficiency is one of the key tools of the Rosneft-2022 Strategy. The program provides for the implementation of measures aimed at optimizing costs and improving production processes, including …

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Eurasia Journal News

OPEC Daily Basket Price Stood at $61.22 a Barrel Thursday, 8 April 2021

Vienna, Austria, 9 April 2021 – The price of OPEC basket of thirteen crudes stood at $61.22 a barrel on Thursday, compared with $60.68 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), …

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Eurasia Journal News

Caspian Sunrise: BNG Operational Update

The Board of Caspian Sunrise are pleased to provide the following operational update at its flagship BNG Contract Area asset. First quarter production volumes In the three months ended 31 March 2021, 119,916 bbls of oil were produced at an average of approximately 1,332 bopd. Oil Prices While international prices …

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Eurasia Journal News

RN-Nyaganneftegaz Allocated 1.7 Billion Rubles for Environmental Projects in 2020

The RN-Nyaganneftegaz company, which is part of the oil production complex of Rosneft, by the end of 2020, invested more than 1.7 billion rubles in environmental protection and nature restoration activities. The funds were used to implement the gas program, improve the reliability of pipelines, land reclamation and improve the efficiency …

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