Rosneft Started Developing Hard-to-Recover Reserves from the Preobrazhensky Horizon
The Verkhnechonskneftegaz company, which is part of the oil and gas production complex of NK Rosneft, has begun pilot work to develop hard-to-recover reserves of the Preobrazhensky horizon at the Verkhnechonskoye oil and gas condensate field. The cycle of hydrodynamic and geophysical studies to assess the production potential of the reservoir …
VSNK Produced the Jubilee 10 Millionth ton of Oil
The East Siberian Oil and Gas Company (VSNK, a production asset of Rosneft) has produced 10 million tons of oil since the beginning of the development of the Yurubcheno-Tokhomskoye field (YTM) in the Evenki municipal district of the Krasnoyarsk Territory. Achievement of this cumulative production indicator was made possible due …
Zoltav Resources Inc.: Final Results for the Year Ended 31 December 2019
Zoltav, the Russia-focused oil and gas exploration and production company, announces final results for the year ended 31 December 2019. Lea Verny, Independent Non-executive Chairman, commented: “2019 was a challenging year operationally but we expect to be able to sustainably reverse the declining production profile on the West Bortovoy fields …
Volga Gas plc: Interim Results
Volga Gas, the oil and gas exploration and production group operating in the Volga region of Russia, announces its interim results for the six months ended 30 June 2020. COVID-19 IMPACT · Operations were quickly adapted to minimise the risk of Covid-19 infections to staff, contractors and customers, as detailed in …
OPEC Daily Basket Price: Tuesday, 29 September 2020, Stood at $41.46 a Barrel
Vienna, Austria, 30 September 2020 – The price of OPEC basket of thirteen crudes stood at $41.46 a barrel on Tuesday, compared with $41.61 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 plc: Result of Annual General Meeting, Directorate Change Confirmation and Approval of Change of Auditor
Result of Annual General Meeting Volga Gas plc (“Volga Gas” or “the Company”), the oil and gas exploration and production group operating in the Volga Region of Russia, announces that at its Annual General Meeting held earlier today, all resolutions put to shareholders were duly passed. Details of the votes cast for …
OPEC Conveys its Condolences on the Sad passing of the Emir of the State of Kuwait
His Excellency Mohammad Sanusi Barkindo, Secretary General, and the staff at the OPEC Secretariat on learning of the passing of His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, the Emir of the State of Kuwait, offer their sincerest and heartfelt condolences to his family, the State of Kuwait and its people. …
Salym Petroleum Drilled the 1500th Well
In September 2020, Salym Petroleum drilled the 1500th well since the start of Salym group of oil fields development by the Company in 2003. The anniversary well is 2,493 meters deep and has an S-shaped profile; it was drilled at an area of the Upper Salym field developed within the …
OPEC Daily Basket Price: Monday, 28 September 2020, Stood at $41.61 a Barrel
Vienna, Austria, 29 September 2020 – The price of OPEC basket of thirteen crudes stood at $41.61 a barrel on Monday, compared with $41.93 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), …
TATNEFT Will Promote the Development of the Tyre Business in Kazakhstan
PJSC TATNEFT, JSC Allur Group of Companies and Akimat of the Karaganda region of the Republic of Kazakhstan have signed an investment agreement on the establishment of a joint tire venture. The document has been signed by Nail Maganov, Director General of TATNEFT Company, Andrey Lavrentyev, Chairman of the Board …