Eurasia Journal News

Caspian Sunrise, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce the Appointment of Aibek Oraziman to the board of the Company with immediate effect. A list of Mr. Oraziman’s current directorships together with those held within the last five years is set out below: …

Lundin Energy AB is pleased to announce the appointment of Daniel Fitzgerald as Chief Operating Officer (COO) of Lundin Energy, effective 1 January 2021. Daniel Fitzgerald is currently COO of International Petroleum Corporation (IPC) having previously held senior management and operational leadership positions with Lundin Petroleum AB. Following the spin …

Financial sustainability and continuity of all production processes maintained in the face of the negative macroeconomic situation, further complicated by the COVID-19 pandemic; Adjusted EBITDA stands at RUB182 billion for H1 2020; H1 2020 net profit attributable to shareholders stands at RUB8 billion; and Q2 2020 net profit reached RUB22 billion, against a loss in Q1 2020. Gazprom Neft (the “Company”) today announces its consolidated IFRS financial results …

The 21st Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday 19 August 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 reviewed the …

1H 2020 LIQUIDS PRODUCTION AMOUNTED TO 4.34 MMBPD UNDER NEW OPEC+ AGREEMENT 1H 2020 GAS PRODUCTION CONSTITUED 31.8 BCM PROGRESS IN THE DEVELOPMENT OF THE KEY PRODUCTION ASSETS WITH EMPHASIS ON THE NEW TECHNOLOGIES IMPLEMENTATION 1H 2020 REFINING THROUGHPUT AT THE COMPANY’S REFINERIES INCREASED TO 52.7 MMT 2Q 2020 REFINING …

Vienna, Austria, 20 August 2020–The price of OPEC basket of thirteen crudes stood at $45.19 a barrel on Wednesday, compared with $45.49 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), Girassol (Angola), Djeno (Congo), …

Turan Drilling & Engineering Company LLC (A KCA Deutag and SOCAR AQS Company), today announces that it has been awarded a contract amendment to manage procurement, maintenance and warehousing activities on behalf of BP Exploration (Caspian Sea) Limited (“BP”). The agreement, effective 15 June 2020, means Turan Drilling & Engineering …

Vienna, Austria, 19 August 2020–The price of OPEC basket of thirteen crudes stood at $45.49 a barrel on Tuesday, compared with $44.94 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), Girassol (Angola), Djeno (Congo), …

LUKOIL and Tomsk State University (TSU) concluded a joint agreement to clean up bottom sediments in the water bodies of the Yareganeft area in the Republic of Komi. These sediments had been accumulating since the 1960s, long before LUKOIL acquired assets in the region in 2001. LUKOIL has already successfully …

Vienna, Austria, 17 August 2020–The price of OPEC basket of thirteen crudes stood at $44.62 a barrel on Friday, compared with $45.34 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), Girassol (Angola), Djeno (Congo), …