LUKOIL and Nizhny Novgorod Region Sign a Supplementary Cooperation Agreement
President of LUKOIL Vagit Alekperov and Governor of Nizhny Novgorod region Gleb Nikitin signed a supplementary cooperation agreement. The signing ceremony took place today in Nizhny Novgorod. The agreement’s objective is to support and develop education, healthcare, sports and culture in the Nizhny Novgorod region. LUKOIL’s Social and Cultural Projects …
OPEC Daily Basket Price: Monday, 19 October 2020, Stood at $41.38 a Barrel
Vienna, Austria, 20 October 2020–The price of OPEC basket of thirteen crudes stood at $41.38 a barrel on Monday, compared with $41.37 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), …
Petrosibir: Drilling Two Exploration Wells in Bashkiria
Petrosibir is pleased to announce that it has entered into an agreement to drill two exploration wells on the Suyanovskoye licence block in Bashkiria. The drilling of these wells will be financed by the partner in exchange for a 49% interest in the licence block. The Suyanovskoye licence, issued on …
JMMC Priority is Full Conformity by all DoC Members
The 23rd Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Monday, 19 October 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Minister of Energy of the Russian Federation. The Committee expressed its …
OPEC Daily Basket Price: Friday, 16 October 2020, Stood at $41.37 a Barrel
Vienna, Austria, 19 October 2020 – The price of OPEC basket of thirteen crudes stood at $41.37 a barrel on Friday, compared with $41.29 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), …
Expansion of Gazprom Neft’s License Portfolio Due to Flank Areas in the Yamalo-Nenets Autonomous District
Gazprom Neft received 5 licenses for geological exploration of the flanks * of explored and developed fields in the Yamalo-Nenets Autonomous District. All new blocks will be developed by Gazprom Neft’s subsidiary, Gazpromneft- Noyabrskneftegaz. Licenses were issued for 7 years. In the Purovsky District of the Yamalo-Nenets Autonomous District Gazpromneft- …
Caspian Sunrise: Completion of the Acquisition of the Caspian Explorer
The Board of Caspian Sunrise is pleased to announce that the re-registration of the shares in Prosperity Petroleum, the UAE company which is the sole shareholder of KC Caspian Explorer LLP the Kazakh registered entity which owns a 100 per cent interest in the Caspian Explorer, has been finalised. Accordingly, the acquisition of …
OPEC Daily Basket Price: Thursday, 15 October 2020, Stood at $41.29 a Barrel
Vienna, Austria, 16 October 2020 – The price of OPEC basket of thirteen crudes stood at $41.29 a barrel on Thursday, compared with $41.20 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 Daily Basket Price: Wednesday, 14 October 2020, Stood at $41.20 a Barrel
Vienna, Austria, 15 October 2020 – The price of OPEC basket of thirteen crudes stood at $41.20 a barrel on Wednesday, compared with $40.68 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), …
Rosneft Conducts Stratigraphic Drilling in the Kara Sea as Part of a Research Expedition
PJSC NK Rosneft is implementing a comprehensive long-term scientific program in the Arctic, which includes geological, hydrometeorological and environmental studies. This work is being carried out in cooperation with the leading scientific and design organizations of the country. In this northern water area of the Arctic, shallow wells are drilled for …