Eurasia Journal News

OPEC Daily Basket Price: Friday, 17 July 2020, Stood at $43.22 a Barrel

Vienna, Austria, 20 July 2020–The price of OPEC basket of thirteen crudes stood at $43.22 a barrel on Friday, compared with $43.80 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), …

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Eurasia Journal News

OPEC Daily Basket Price: Thursday, 16 July 2020, Stood at $43.80 a Barrel

Vienna, Austria, 17 July 2020–The price of OPEC basket of thirteen crudes stood at $43.80 a barrel on Thursday, compared with $44.12 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), …

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Eurasia Journal News

RussNeft: The Economic Effect of Innovations has Exceeded 259 Million Rubles

PJSC “RussNeft” assessed the economic effect of the program for optimization of production processes in 2019 in the amount of 259 million rubles. The figures of economic efficiency from the implementation of scientific and technical ideas are growing from year to year: the effect amounted to 165 million rubles in 2017 …

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Eurasia Journal News

JMMC Sees Improving Market Conditions and Conformity Levels

The 20th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday, 15 July 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 monthly report prepared …

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Eurasia Journal News

OPEC Daily Basket Price: Wednesday, 15 July 2020, Stood at $44.12 a Barrel

Vienna, Austria, 16 July 2020–The price of OPEC basket of thirteen crudes stood at $44.12 a barrel on Wednesday, compared with $43.02 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), …

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Eurasia Journal News

Gazprom’s Financial Information Under International Financial Reporting Standards (IFRS) for the Three Months Ended March 31, 2020

Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the three months ended March 31, 2020. The table below presents the unaudited consolidated interim condensed statement of comprehensive income for the three months ended March 31, 2020 and …

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Eurasia Journal News

OPEC Daily Basket Price: Tuesday, 14 July 2020, Stood at $43.02 a Barrel

Vienna, Austria, 15 July 2020–The price of OPEC basket of thirteen crudes stood at $43.02 a barrel on Tuesday, compared with $43.38 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), …

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Eurasia Journal News

Caspian Sunrise PLC: Caspian Explorer & AGM Updates

Caspian Explorer The Board is pleased to announce that, further to its announcement of 21 January 2020, all the required Kazakh regulatory and local shareholder approvals have now been received and the relevant paperwork has been sent to the UAE to complete the required re-registration of ownership of the Caspian Explorer, following which …

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Eurasia Journal News

LUKOIL Board of Directors Approves Members of the Company Management Committee

The Board of Directors of PJSC LUKOIL held a meeting in Moscow today. The following quantitative and personal composition of the Management Committee was approved: Vagit Alekperov                                            President Vyacheslav Verkhov                                     Chief Accountant Vadim Vorobyev                                           First Executive Vice President Denis Dolgov                                                 Vice President for Power Generation Pavel …

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Eurasia Journal News

OPEC Monthly Oil Market Report, June 2020

Oil Market Highlights Crude Oil Price Movements Spot crude oil prices continued rising in June for the second consecutive month, given the continued improvement in physical crude market fundamentals and gradual reductions in global supply overhang. The OPEC Reference Basket (ORB) value rose by $11.88, m-o-m, to $37.05/b, up by …

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