OPEC Daily Basket Price: Monday, 15 June 2020, Stood at $35.09 a Barrel
Vienna, Austria, 16 June 2020–The price of OPEC basket of thirteen crudes stood at $35.09 a barrel on Monday, compared with $35.06 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), …
OPEC Daily Basket Price: Friday, 12 June 2020, Stood at $35.06 a Barrel
Vienna, Austria, 15 June 2020–The price of OPEC basket of thirteen crudes stood at $35.06 a barrel on Friday, compared with $36.55 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), …
Progressing Strategy Development, BP Revises Long-Term Price Assumptions, Reviews Intangible Assets and, as a Result, Expects Non-Cash Impairments and Write-Offs
In mid-February, BP p.l.c. (bp) laid out a new purpose – to reimagine energy for people and our planet – and its ambition to become a net zero company by 2050 or sooner and to help the world get to net zero. Since then, bp has focused its work in …
Petrosibir: Production Report for May 2020
Petrosibir’s total oil production during May 2020 amounted to 34,202 barrels, equivalent to 1,103 barrels per day. The table below summarises the average monthly / daily production in 2020 and 2019, broken down by region. 2019 2020 Average Jan Feb Mar Apr May Total production Bashkiria 10 469 10 622 …
CEO’s Meet Virtually to Discuss Status of Arctic LNG Project
PAO NOVATEK announced that a working meeting was held today regarding the Arctic LNG 2 project with the respective CEO’s of the partner companies. The working meeting, which took place in the form of a videoconference, was attended by Leonid Mikhelson (NOVATEK), Patrick Pouyanné (TOTAL), Dai Houliang (CNPC), Wang Dongjin …
OPEC Daily Basket Price: Thursday, 11 June 2020, Stood at $36.55 a Barrel
Vienna, Austria, 12 June 2020–The price of OPEC basket of thirteen crudes stood at $36.55 a barrel on Thursday, compared with $37.46 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 and Korea Gas Corporation to Strengthen the Cooperation in the Energy Sector
Claudio Descalzi, Eni CEO, and Hee-bong Chae, Korea Gas Corporation President and CEO signed a Memorandum of Understanding (MoU) to identify specific cooperation opportunities in different areas such as exploration and production projects, LNG projects, downstream and infrastructure projects and in particular circular economy and low-carbon energy projects. The two …
OPEC Daily Basket Price: Tuesday, 9 June 2020, Stood at $37.09 a Barrel
Vienna, Austria, 10 June 2020–The price of OPEC basket of thirteen crudes stood at $37.09 a barrel on Tuesday, compared with $38.89 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), …
RDCR 2020: Date Announcement Coming Soon!
The organising committee would like to update you all on progress for the final date announcement for RDCR 2020. Moscow, as with many cities around the world, is currently phasing out of the COVID 19 lockdown measures put in place to slow the transmission of the virus. Early indications are …
Gerhard Schröder Appointed Chairman of Rosneft
Former German chancellor Gerhard Schröder has been appointed chairman of Russian state-controlled oil producer Rosneft, deepening his relationship with the country’s energy industry by taking one of its most high-profile jobs. Long close to Russian president Vladimir Putin, Mr Schröder will chair the Kremlin-controlled oil producer while also serving as chairman …