
Young Specialists of Rosneft Became Winners of the All-Russian Competition for the Best Scientific and Technical Development
26 young specialists of Rosneft subsidiaries became winners and prize-winners of the All-Russian competition “New Idea” for the best scientific and technical development among young people of enterprises and organizations of the fuel and energy complex. The competition is held annually with the support of the Ministry of Energy of the …

Rosneft has Begun Industrial Implementation of a Unique Software Package for Geological Modeling
The subsidiaries of PJSC NK Rosneft have begun pilot implementation of the first version of the RN-GEOSIM simulator intended for geological modeling and analysis of hydrocarbon deposits using three-dimensional models. The software product was developed by RN-BashNIPIneft specialists and approved for use by the expert and technical council of the State …

Interaction with PJSC Transneft
In connection with a large number of media inquiries on the interaction of PJSC NK Rosneft and PJSC Transneft on the issue of taking joint measures to exclude oil pollution in the process of its commodity preparation and settlement of a number of existing issues, the companies report the following: …

Tatneft: Figures Demonstrating Operation Results in March and for Three Months of 2021
Crude Oil Production Enterprises of the TATNEFT Group of Companies produced 2,253.5 thousand tonnes of crude oil in March, while the production volume from the beginning of the year amounted to 6,462.7 thousand tonnes, which was 870.7 thousand tonnes less than during the same period in 2020. PJSC TATNEFT’s production …

PetroNeft: Conversion of Debt
PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licence 61 and 90% owner of Licence 67, is pleased to provide a financing update. Highlights Total of $2.69M of debt converted to equity under three historic convertible …

OPEC Daily Basket Price: Wednesday, 31 March 2021, Stood at $63.07 a Barrel
Vienna, Austria, 1 April 2021 – The price of OPEC basket of thirteen crudes stood at $63.07 a barrel on Wednesday, compared with $63.37 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), …

Petrosibir: Drilling update – Bashkiria
As planned the second exploration well on the Orlinskaya structure within the Suyanovskoye licence was spudded in mid-January. The drilling is now completed with the well reaching the total depth of 2,422 meters which was deeper than the initial target depth of 2,362 meters. The Orlinskaya-1 well targeted 4 intervals: …

Tatneft Published the Audited IFRS Consolidated Financial Statements for the Year Ended December 31, 2020
PJSC Tatneft (the “Company”) published on its website (http://www.tatneft.ru/?lang=en) the audited consolidated financial statements (the “Financial Statements”) for the year ended 31 December 2020 prepared in accordance with International Financial Reporting Standards (“IFRS”) and the related Directors’ report, incorporating Management Discussion and Analysis of Results of Operations for the fourth …

OPEC Daily Basket Price: Tuesday, 30 March 2021, Stood at $63.37 a Barrel
Vienna, Austria, 31 March 2021 – The price of OPEC basket of thirteen crudes stood at $63.37 a barrel on Tuesday, compared with $62.86 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), …

LUKOIL Employees Receive National Awards
President of Russia Vladimir Putin signed an Executive Order on granting awards to employees of LUKOIL Group. LUKOIL’s First Executive Vice President Vadim Vorobyov and LUKOIL’s Vice President for Economics and Planning Gennady Fedotov, as well as general directors of several LUKOIL Group organisations – namely Andrei Bogdanov (LUKOIL-Nizhegorodnefteorgsintez LLC), Nikolai Lyashko (LUKOIL-Nizhnevolzhskneft LLC) and …