Tatneft: December and 2020 Operational Performance Results
Crude Oil Production Enterprises of the TATNEFT Group of Companies produced 2,188.6 thousand tonnes of crude oil in December with the production volume from the beginning of the year amounting to 26,013.5 thousand tonnes, which was 3,784.5 thousand tonnes less than during the same period in 2019. PJSC TATNEFT’s production …
OPEC: Daily Basket Price Stood at $54.39 a Barrel Friday, 8 January 2021
Vienna, Austria, 11 January 2021–The price of OPEC basket of thirteen crudes stood at $54.39 a barrel on Friday, compared with $53.84 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 …
Volga Gas: Production Report for December 2020
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following update on its average production volumes for December 2020. Production Report The average production in December 2020 was 3,310 barrels of oil equivalent per day (12.4% higher than November 2020). This increase was driven by …
OPEC daily basket price stood at $53.29 a barrel Wednesday, 6 January 2021
Vienna, Austria, 7 January 2021–The price of OPEC basket of thirteen crudes stood at $53.29 a barrel on Wednesday, compared with $50.75 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), …
Thirty Five Million Tonnes of Oil Produced at LUKOIL’s North Caspian Fields
LUKOIL’s cumulative production of oil has exceeded 35 million tonnes at its Yury Korchagin and Vladimir Filanovsky fields in the North Caspian Sea. LUKOIL carried on with these projects in 2020. In particular, new production wells were drilled, as well as side-track wells to intensify influx of hydrocarbons. In 2020, …
TATNEFT Strengthens Cooperation with Kazakhstan
The Company and the Government of the Republic of Kazakhstan signed an Agreement on the principles of participation in the development of the mechanical engineering industry of the Republic of Kazakhstan. The document was signed by Roman Sklyar, Deputy Prime Minister of the Republic of Kazakhstan, and Nail Maganov, General …
Versalis: Adriano Alfani appointed as the new Chief Executive Officer
The Board of Directors of Versalis (the company owned by Eni which operates in the Chemical sector) appointed Adriano Alfani as the company’s new Chief Executive Officer starting from the 1st January 2021. The BoD also approved the delegated powers to be assigned to the Chairman and the new CEO starting …
Petrosibir: Drilling update – Bashkiria
The company is pleased to provide the following operations update on its drilling operations in the Suyanovskoye Licence. As announced earlier in October Petrosibir has entered into an agreement to drill two exploration wells on the Suyanovskoye licence. The licence, issued on October 16, 2015 and valid until December 31, …
Gazprom Neft: Opens a Production Control Center in Muravlenko
Gazprom Neft has opened a Production Control Center (MCC) in Muravlenko. The new MCC forms a single physical and information space for the most efficient implementation of the potential of Gazpromneft-Noyabrskneftegaz assets. The main task of the new division is the operational and systemic management of the operational activities of the …
LUKOIL and Gazprom Sign Master Agreement on Development of Two Fields in the Nenets Region
President of LUKOIL Vagit Alekperov and Chairman of the Management Committee of Gazprom Alexey Miller signed the Master Agreement on the Terms of the Development of Vaneyvisskoye and Layavozhskoye fields (located in the Nenets region, Russia) today. Governor of the Nenets Autonomous District Yuri Bezdudny also took part in the signing ceremony. …