OPEC Daily Basket Price: Thursday, 18 June 2020, Stood at $37.70 a Barrel
Vienna, Austria, 19 June 2020–The price of OPEC basket of thirteen crudes stood at $37.70 a barrel on Thursday, compared with $37.59 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), …
Market Rebalancing, Full Commitment to Conformity Remains the Focus – JMMC
The 19th Joint Ministerial Monitoring Committee (JMMC) was held via videoconference, on Thursday, 18 June 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 by the Joint Technical Committee(JTC) and recent …
Exillon Energy: Report on Payments to Governments for 2019
Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, announces that it has released its Consolidated Report on Payments to Governments for the year ended 31 December 2019, which was prepared in accordance with the requirements of the Disclosure and …
OPEC Daily Basket Price: Wednesday, 17 June 2020, Stood at $37.59 a Barrel
Vienna, Austria, 18 June 2020–The price of OPEC basket of thirteen crudes stood at $37.59 a barrel on Wednesday, compared with $36.75 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 Monthly Oil Market Report, May 2020
Crude Oil Price Movements Spot crude oil prices rebounded in May from low levels registered a month earlier, as physical market fundamentals improved significantly. The OPEC Reference Basket (ORB) value rose by $7.51, or 42.5%, m-o-m, to stand at $25.17/b. Crude oil futures prices also bounced back in May, amid …
Eni Joins the Voluntary Principles Initiative
The Annual Plenary Meeting 2020 of the Voluntary Principles Initiative (VPI), a multi-stakeholder initiative dedicated to ensuring human rights in security operations, has unanimously approved Eni’s admission as an “Engaged Corporate Participant”. Eni’s membership of the VPI further strengthens the company’s commitment to working with institutions to affirm respect for …
OPEC Daily Basket Price: Tuesday, 16 June 2020, Stood at $36.75 a Barrel
Vienna, Austria, 17 June 2020–The price of OPEC basket of thirteen crudes stood at $36.75 a barrel on Tuesday, compared with $35.09 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), …
Eni Publishes ‘Eni for Human Rights’
Eni publishes an update of “Eni for Human Rights,” the company’s report that provides transparent and concrete information on its commitment to the respect for human rights, showing a strengthening of its internal procedures on this fundamental matter. “Such commitment assumes an increasing relevance in a world that is facing …
bp Statistical Review of World Energy 2020: a Pivotal Moment
This year’s edition – which collects and analyses energy data for 2019 – highlights the global energy trends emerging prior to the current Covid-19 pandemic. While some aspects – such as the continuing strong growth in renewables – offer encouragement that the world is moving onto a more sustainable path, …
Simulators are Helping to put Gubkin University on the Global Stage
Gubkin University is one of Russia’s most respected universities in the field of oil and gas education and training. Based in Moscow, the university has been using Drilling Systems’ simulators since 1997 for its oil and gas educational programmes. As well as helping to attract students to the university from …