
OPEC Daily Basket Price: Friday, 27 November 2020, Stood at $46.79 a Barrel
Vienna, Austria, 30 November 2020–The price of OPEC basket of thirteen crudes stood at $46.79 a barrel on Friday, compared with $46.66 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 …

RN-Uvatneftegaz: Starts Production Drilling at a New Field – Pikhtovye
The RN-Uvatneftegaz company, which is part of the oil and gas production block of NK Rosneft, has started production drilling at a new field – Pikhtovoye, whose recoverable reserves amount to 8.5 million tons of oil. The reserves of the field are classified as hard-to-recover, for their development it is …

NOVATEK Completes First Ship-to-Ship LNG Transshipment in the Murmansk Region
PAO NOVATEK announced today that NOVATEK-Western Arctic, a wholly owned subsidiary, completed Russia’s first ship-to-ship LNG transshipment in the Kildin Strait of the Barents Sea. The Arc7 ice-class LNG tanker “Nikolay Yevgenov” successfully reloaded an LNG cargo delivered from the Yamal LNG facility at Sabetta to the conventional tanker “Yamal …

NOVATEK: Partners Held a Regular Virtual Meeting to Discuss Status of Arctic LNG 2
PAO NOVATEK announced that a regular working meeting was held regarding the status of Arctic LNG 2 project (“Project”) with the respective management of the partner companies. The working meeting, which took place in the form of a videoconference, was attended by Leonid Mikhelson (NOVATEK), Patrick Pouyanné (TOTAL), Huang Yongzhang …

Bashneft: Released 1.2 million Fry of Valuable Fish Species into Water Bodies in 2020
During the summer-autumn period of 2020, ANK Bashneft (part of the structure of NK Rosneft) replenished the water bodies of the Republic of Bashkortostan, the Nenets and Khanty-Mansiysk Autonomous Districts with young valuable fish species. The total number of released whitefish, sterlet and salmon fry was 1.2 million. This is the largest …

RDCR & KDR Virtual Event – Delegate Update 450+ Registered to Date – Are You?!
Over 450 delegates are now registered for the combined, virtual RDCR and KDR events. The event, running on the 4th of December is still open for new delegates and virtual exhibition booths but SOLD OUT for any new presentations. See the sample list below. If you see companies you want …

LUKOIL: Announces IFRS Financial Results for the Third Quarter and Nine Months of 2020
PJSC LUKOIL today released its condensed interim consolidated financial statements for the three and nine month periods ended 30 September 2020, prepared in accordance with International Financial Reporting Standards (IFRS). Financial highlights 3Q 2020 2Q 2020 9M 2020 9M 2019 (RUB bln) 1,456.7 986.4 Sales 4,109.1 5,928.8 202.2 144.4 EBITDA 497.5 958.0 152.0 …

OPEC Daily Basket Price: Monday, 23 November 2020, Stood at $44.75 a Barrel
Vienna, Austria, 24 November 2020 – The price of OPEC basket of thirteen crudes stood at $44.75 a barrel on Monday, compared with $43.38 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), …

Rosneft: Improves Computer Modeling Technologies
Specialists of the Rosneft Scientific Institute RN-BashNIPIneft have developed an industrial simulator for modeling technological operations on wells using coiled tubing (CT). Import substitution development is aimed at ensuring the technological independence of the Company in the field of computer modeling. The development of technological potential is one of the key …

Eni’s Supercomputer HPC5 Runs the Most Complex Ever Molecular Computation Test for the Fight Against Coronavirus
Eni’s supercomputing infrastructure HPC5 has run on the 20th of November the most complex molecular computation test ever conducted in the world, in order to identify new treatments against the virus. The computation, that took place in Eni’s Green Data Center in Ferrera Erbognone, is a simulation that tested over …