Eurasia Journal News

Eni’s Board of Directors approved the consolidated results for the third quarter and the nine months of 2020 (not subject to audit). Having examined the results, Eni CEO Claudio Descalzi said: “In a market environment that remains challenging, we are continuing to successfully mitigate the negative impact of this crisis …

Arctic LNG 2 entered into long-term charter agreements on six Arc7 ice-class LNG tankers with PAO Sovcomflot and Mitsui O.S.K. Lines, Ltd., with the construction of the Arc7 ice-class LNG tankers to be built at Daewoo Shipbuilding & Marine Engineering (“DSME”). The Project has successfully completed chartering of the required …

Kazan hosted a meeting of the Board of Directors of PJSC TATNEFT n.a. V.D. Shashin chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, on October 28, 2020. The results of the of PJSC TATNEFT’s budget execution for nine months of the current year were considered at the meeting, …

PAO NOVATEK today released its consolidated interim condensed financial statements as of and for the three and nine months ended 30 September 2020 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial Highlights (in millions of Russian roubles except as stated) 3Q 2020 3Q 2019   9M 2020 …

Vienna, Austria, 28 October 2020 – The price of OPEC basket of thirteen crudes stood at $39.53 a barrel on Tuesday, compared with $39.22 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), …

Gazprom Neft carried out aerial laser scanning of 120 hectares of forest tracts at oil fields in the Orenburg Region and Yamal-Nenets Autonomous Okrug, on the basis of which it compiled digital terrain models. With the help of these models, eco-safe routes for the movement of special equipment in hard-to-reach areas …

Vienna, Austria, 27 October 2020–The price of OPEC basket of thirteen crudes stood at $39.22 a barrel on Monday, compared with $41.05 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), …

Gazprom Neft, together with specialists from the MIPT Engineering Center, has developed a dispersant formulation for oil spill response in ice conditions. It was created taking into account the climatic features of the Arctic seas. Today it is the only Russian reagent for oil spill response at low temperatures. Laboratory tests have shown …

National Oilwell Varco, Inc. today reported third quarter 2020 revenues of $1.38 billion, a decrease of seven percent compared to the second quarter of 2020 and a decrease of 35 percent compared to the third quarter of 2019. Net loss for the third quarter of 2020 improved $38 million sequentially …

‘Having set out our new strategy in detail, our priority is execution and, despite a challenging environment, we are doing just that – performing while transforming. Major projects are coming online, our consumer-facing businesses are really delivering and we remain firmly focused on cost and capital discipline. Importantly, net debt …