Eurasia Journal News

Vienna, Austria, 26 November 2019–The price of OPEC basket of fourteen crudes stood at $64.21 a barrel on Monday, compared with $64.56 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), …

Vienna, Austria, 25 November 2019–The price of OPEC basket of fourteen crudes stood at $64.56 a barrel on Friday, compared with $63.68 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), …

Vienna, Austria, 22 November 2019–The price of OPEC basket of fourteen crudes stood at $63.68 a barrel on Thursday, compared with $62.22 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), …

Net profit for 9M 2019 of RUB320 billion — a 7.1 percent increase year-on-year Adjusted EBITDA up 0.2 percent to RUB615.5 billion* Net debt to EBITDA ratio at 0.56 as at the end of Q3 Gazprom Neft today announces its consolidated IFRS financial results for the nine months (9M) and third quarter (Q3) of 2019. Gazprom Neft’s revenue in the nine months of 2019 grew by 2.4 percent year-on-year …

Gazprom Neft has won the license to the Pervormaisky block, and is also expanding the boundaries of fields it is already developing in the Orenburg Oblast. Gazprom Neft continues its development of a promising exploration cluster in the south—west of the Orenburg Oblast, with the company due to secure the license to the Pervomaisky block before the end of the year. Covering an area …

The Sayan Polaris multipurpose icebreaker will further enhance safety and reliability in operations on the Prirazlomnoye project in the Barents Sea The Sayan Polaris, built in 2018, is owned by Sevnor Management AS and has been leased to Gazprom Neft Shelf. It will be used as a supply vessel, a floating hotel and, when necessary, will undertake emergency response and rescue operations. The …

Vienna, Austria, 21 November 2019–The price of OPEC basket of fourteen crudes stood at $62.22 a barrel on Wednesday, compared with $62.51 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), …

Union Minister for Petroleum and Steel Dharmendra Pradhan visited the Sakhalin oil field and processing facilities in Russia. Sakhalin oil field is a joint project of India and Russia which was initiated during the tenure of late former Prime Minister Atal Bihari Vajpayee. Oil & Natural Gas Company’s subsidiary ONGC Videsh Ltd …

The government is discussing with the consortium Karachaganak Petroleum Operating (KPO) an increase in compensation for a dispute over the calculation of oil revenues from the Karachaganak field, said Deputy Energy Minister Murat Zhurebekov. “We have not yet completed these negotiations. Perhaps there will be a revision of some parameters of …

Vienna, Austria, 20 November 2019–The price of OPEC basket of fourteen crudes stood at $62.51 a barrel on Tuesday, compared with $63.44 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), …