RN-Stavropolneftegaz: Celebrates its 65th Anniversary
RN-Stavropolneftegaz, the production asset of Rosneft, celebrates 65 years since the start of production. The enterprise is developing subsoil in three districts of the Stavropol Territory: Neftekumsky urban district, Levokumsky and Budennovsky districts. Today the company is developing 32 oil and oil and gas condensate fields in 36 license areas. In total, …
LUKOIL: Supports Enviromental Project with Arctic Residents
The family-clan community “Nekutsya” in the Nenets Autonomous Okrug will clean up the nearby areas of the tundra, including the shores of the Barents Sea. For these purposes, a grant from the Competition for Social and Cultural Projects of PJSC LUKOIL has been used to purchase an environmentally friendly Yag-Mort all-terrain …
OPEC Daily Basket Price: Thursday, 12 November 2020, Stood at $42.97 a Barrel
Vienna, Austria, 13 November 2020 – The price of OPEC basket of thirteen crudes stood at $42.97 a barrel on Thursday, compared with $43.42 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 and Rostelecom Agree to Cooperate in Telecommunication Services
LUKOIL and Rostelecom have agreed to cooperate in the area of telecommunication services. The cooperation is based on the agreement of Rostelecom to buy a 50.1% share in LUKOIL-INFORM, a wholly-owned subsidiary of the Company which provides telecommunication and IT support services to Russian-based entities of the LUKOIL Group. The …
Eni Develops an Innovative Technology to Fix the CO₂ using Artificial Light
Eni announces the launch of an experimental plant for the biofixation of carbon dioxide through the cultivation of microalgae with the aid of artificial LED light. The plant, built at the Eni Research Centre for Renewable Energy and the Environment in Novara, represents a further important step forward for towards …
RDCR & KDR: Andrey Osipov, Chief Expert, RN-SakhalinNIPImorneft, Confirmed as Speaker
Andrey Osipov, Chief Expert, RN-SakhalinNIPImorneft, has been confirmed as a speaker at the RDCR & KDR Well Engineering Virtual Forum. His speech title is: Calculation of the Thermodynamic Properties of Water Vapor at the Bottom of the Well Based on the Data of its Temperature Profiling During the Injection of …
RDCR & KDR: Denis Zubkov, Chief Drilling Technologist, Tagras-RemService, Confirmed as Speaker
Denis Zubkov, Chief Drilling Technologist, Tagras-RemService, has been confirmed as a speaker at the RDCR & KDR Well Engineering Virtual Forum. His speech title is: Experience in Implementing a Digital ECO Platform while Drilling Wells The Virtual Forum is taking place on the 4th of December 2020, CLICK HERE to download the …
OPEC Daily Basket Price: Wednesday, 11 November 2020, Stood at $43.42 a Barrel
Vienna, Austria, 12 November 2020–The price of OPEC basket of thirteen crudes stood at $43.42 a barrel on Wednesday, compared with $41.72 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 …
OPEC Monthly Oil Market Report, October 2020
Crude Oil Price Movements The OPEC Reference Basket (ORB) fell by $1.46, or 3.5%, month-on-month (m-o-m), to average $40.08/b in October. Year-to-date (y-t-d), the ORB averaged $40.57/b, or $23.34 lower than the same period last year. Crude oil futures prices extended losses, with oil market sentiment continuing to be dominated …
OPEC Daily Basket Price: Tuesday, 10 November 2020, Stood at $41.72 a Barrel
Vienna, Austria, 11 November 2020–The price of OPEC basket of thirteen crudes stood at $41.72 a barrel on Tuesday, compared with $39.97 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 …