Gazprom: Obtains Record-High Gas Inflow on Kara Sea Shelf
Another set of tests has been performed in the upper levels of the exploration well at the Leningradskoye field of the Yamal gas production center. Earlier, the well helped discover a new deposit in the lower levels. In the course of the exploration activities, commercial gas inflow of over 1 million cubic meters per day was obtained. This is a record-high figure for the fields located on the …
OPEC Daily Basket Price: Tuesday, 3 November 2020, Stood at $38.44 a Barrel
Vienna, Austria, 4 November 2020 – The price of OPEC basket of thirteen crudes stood at $38.44 a barrel on Tuesday, compared with $35.89 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), …
Volga Gas: Production & Drilling Update Report for October 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 October 2020. Production Report The average production in October 2020 was 3,680 barrels of oil equivalent per day (7.4% lower than September 2020). This decrease was driven by …
The OPEC Family Stands in Solidarity with Austria After Terror Attacks in Vienna
The OPEC Secretariat was shocked and saddened with disbelief after receiving news of the horrendous events that took place in the heart of the beautiful city of Vienna yesterday evening (November 2). Our heartfelt condolences go out to all those affected. The Organization offers prayers to those victims of this …
Eni: Joins Ocean Energy Europe, the Leading European Organisation in the Sector
Eni joins, as lead partner, Ocean Energy Europe (OEE) and the Board of Directors of the organisation, the largest European network for the development of ocean energies. In this position, the company will collaborate to chart the strategic course of OEE, for the promotion of a policy framework in support …
TATNEFT: Figures Demonstrating Operation Results in October and for Ten Months of 2020
Crude Oil Production Enterprises of the TATNEFT Group of Companies produced 2,177 thousand tonnes of crude oil in October with the production volume from the beginning of the year amounting to 21,725.8 thousand tonnes, which was 3,126 thousand tonnes less than during the same period in 2019. PJSC TATNEFT’s production …
OPEC Daily Basket Price: Monday, 2 November 2020 Stood at $35.89 a Barrel
Vienna, Austria, 3 November 2020–The price of OPEC basket of thirteen crudes stood at $35.89 a barrel on Monday, compared with $36.50 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), Girassol (Angola), Djeno (Congo), …
Iraq’s Prime Minister and LUKOIL Head Discussed Prospects of Cooperation
Today in Baghdad, Prime Minister of the Republic of Iraq Mustafa Al-Kazimi, in the presence of Iraqi Oil Minister Ihsan Abdel-Jabbar Ismail, received a delegation of PJSC LUKOIL headed by the President of the Company Vagit Alekperov. The meeting was also attended by the Ambassador Extraordinary and Plenipotentiary of the Russian …
RussNeft: Resumes Production Drilling at Variogan Oil Block
PJSC “RussNeft” resumes production drilling at Variogan oil block. By the end of 2020 the company plans to put into operation 5 oil wells at Achimov deposits of Tagrinskoye field and 4 wells are after side-tracking. Production drilling at Variogan oil block was suspended in connection with production restrictions under …
NOVATEK: Changes Composition of the Management Board
The Board of Directors of PAO NOVATEK has approved the decision to change the composition of the Company’s Management Board. The Board terminated the membership of the First Deputy Chairman of the Management Board Alexander M. Fridman and appointed Evgeniy N. Ambrosov, Deputy Chairman of the Management Board – Director …