Volga Gas plc: Update on Formal Sale Process
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide an update on its formal sale process. On 7 April 2020, the Company announced that its board of directors (the “Board”) had decided to conduct a formal review …
OPEC Daily Basket Price: Thursday, 25 June 2020 Stood at $37.18 a Barrel
Vienna, Austria, 26 June 2020–The price of OPEC basket of thirteen crudes stood at $37.18 a barrel on Thursday, compared with $38.17 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), …
Caspian Sunrise PLC: Annual Report and Financial Statements for the Year Ended 31 December 2019
Caspian Sunrise, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce its audited final results for the year ended 31 December 2019. Highlights for the year: Operational: • Operational (wells drilled at end of year) 2019: 17 (2018: 17) • Aggregate production for 2019 was 506,620 …
OPEC Daily Basket Price: Wednesday, 24 June 2020, Stood at $38.17 a Barrel
Vienna, Austria, 25 June 2020–The price of OPEC basket of thirteen crudes stood at $38.17 a barrel on Wednesday, compared with $39.85 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), …
OPEC Daily Basket Price: Tuesday, 23 June 2020, Stood at $39.85 a Barrel
Vienna, Austria, 24 June 2020–The price of OPEC basket of thirteen crudes stood at $39.85 a barrel on Tuesday, compared with $38.96 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), …
Guardian Report: Europe Could Face Oil Shortage in a Decade, Study Warns
Europe could face a shortage of oil within the next decade, making the move to increase the use of low carbon energy even more urgent, according to a new report. The study has warned that oil production may fall faster than the EU’s reliance on fossil fuels, raising the risk of …
OPEC Daily Basket Price: Monday, 22 June 2020, Stood at $38.96 a Barrel
Vienna, Austria, 23 June 2020–The price of OPEC basket of thirteen crudes stood at $38.96 a barrel on Monday, compared with $39.45 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), …
Russian Negotiator Says No Need to Extend Oil Cuts Beyond July
The head of Russia’s sovereign wealth fund Kirill Dmitriev sees no point in extending strict global oil output cuts as world economies and oil demand recovers from the depths of the coronavirus crisis, he told the RBC Daily newspaper. The comments from Kirill Dmitriev, who is one of Moscow’s top …
OPEC Daily Basket Price: Friday, 19 June 2020, Stood at $39.45 a Barrel
Vienna, Austria, 22 June 2020–The price of OPEC basket of thirteen crudes stood at $39.45 a barrel on Friday, compared with $37.70 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), …
Meeting of the General Director of PJSC Tatneft Nail Maganov and Top Managers of the Company with Investors and Analysts
The meeting of Tatneft’s top management with investors and analysts took place on 18 June 2020. The meeting was held via videoconference. The event’s innovative format allowed more than 100 investors and investment banks and companies’ analysts from around the world to participate in the meeting. The General Director Nail …