LUKOIL and Volgograd Region to Develop Partnership
Andrey Bocharov, Governor of Volgograd Region, and Vagit Alekperov, President of LUKOIL, signed the minutes to the Cooperation Agreement between the local administration and the Company. The document defines main areas of social cooperation in the region. Andrey Bocharov and Vagit Alekperov also took part in a working conference and …
RDCR & KDR: Peter Berting, Director Global Business Development, Huisman Equipment b.v, Confirmed as Speaker
Peter Berting, Director Global Business Development, Huisman Equipment b.v., Platinum Event Sponsors, has been confirmed as a speaker at the RDCR & KDR Well Engineering Virtual Forum. His speech title is: Features and Benefits of Game Changing Automated Land Rigs The Virtual Forum is taking place on the 4th of …
Taas-Yuryakh Neftegazodobycha: Celebrates its 20th Anniversary
Taas-Yuryakh Neftegazodobycha, the producing asset of Rosneft Oil Company, celebrates 20 years since its foundation. The enterprise is developing the Central Block and the Kurungsky license area of the Srednebotuobinskoye oil and gas condensate field located in the Republic of Sakha (Yakutia). Taas-Yuryakh Neftegazodobycha was founded in 2000. The enterprise started commercial …
OPEC Daily Basket Price: Thursday, 5 November 2020, Stood at $39.79 a Barrel
Vienna, Austria, 6 November 2020 – The price of OPEC basket of thirteen crudes stood at $39.79 a barrel on Thursday, compared with $39.09 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), …
MOL Group 3rd Quarter EBITDA Bounced Back Despite the Crisis, Challenges Ahead
Today, MOL Group announced its financial results for the third quarter of 2020. During the pandemic and economic crises, Clean CCS EBITDA strongly rebounded from the Q2 lows and came in at USD 610mn in Q3 2020, only 12% lower than in the same period last year. This result brought …
OPEC Holds 4th High-Level Meeting of the OPEC-India Dialogue
The OPEC Secretariat hosted the 4th High-Level Meeting of the OPEC-India Dialogue on 05 November 2020 via videoconference. The Meeting was co-chaired by HE Mohammad Sanusi Barkindo, Secretary General of OPEC and HE the Honourable Dharmendra Pradhan, India’s Minister of Petroleum and Natural Gas and Minister of Steel. The meeting …
OPEC Daily Basket Price: Wednesday, 4 November 2020, Stood at $39.09 a Barrel
Vienna, Austria, 5 November 2020 – The price of OPEC basket of thirteen crudes stood at $39.09 a barrel on Wednesday, compared with $38.44 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), …
OPEC, GECF Hold First High-Level Meeting
Representing the lifeblood of global economy, two of the world’s foremost energy organisations OPEC and the Gas Exporting Countries Forum (GECF) held their first high-level meeting today, highlighting the growing cooperation between the two organisations under the framework of the OPEC-GECF Energy Dialogue. The OPEC delegation was led by HE …
Samotlorneftegaz Launches Unique Technology for Cleaning the Bottom of Water Bodies
Samotlorneftegaz, an enterprise of Rosneft’s oil production complex, together with the Institute for Biology of the Tomsk State University, has successfully launched the Air Probe (Aeroshchup) technology for cleaning hydrocarbons off the bottom of reservoirs through flotation and airlifting. The operating principle of the innovative complex is to lift hydrocarbon …
Nabors Announces Third Quarter 2020 Results
Nabors Industries Ltd. (today reported third quarter 2020 operating revenues of $438 million, compared to operating revenues of $534 million in the second quarter of 2020. The net loss from continuing operations attributable to Nabors common shareholders for the quarter was $161 million, or $23.42 per share, compared to a …