Eurasia Journal News

Vienna, Austria, 28 October 2019–The price of OPEC basket of fourteen crudes stood at $62.16 a barrel on Friday, compared with $61.63 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 …

The enterprises exchanged the experience in the design engineering and management of the internal industrial processes’ operation. In the process of the round table employees of LUKOIL-Engineering shared their best practices on the areas of interest for TATNEFT Company. The meeting participants discussed issues relating to the scope of work …

A new record in well-drilling at Gazprom Neft has been set at the company’s Novoportovskoye field, with a 1,000-metre horizontal shaft being covered in just under three days (2.93 days or 70 hours and 33 minutes). This result was achieved by using an experimental drill bit,* the design of which had been specially fine-tuned by domestic producers for drilling in permafrost, with equipment having been …

Vienna, Austria, 25 October 2019–The price of OPEC basket of fourteen crudes stood at $61.63 a barrel on Thursday, compared with $60.42 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 …

Eni formally committed today not to perform oil and gas exploration and development activities within the boundaries of Natural Sites included in the UNESCO World Heritage List. The commitment gives official recognition to a policy that Eni is already following in its operations. It is another important step in the …

President of PJSC LUKOIL Vagit Alekperov and Nigerian National Petroleum Corporation (NNPC) Group Managing Director Mele K Kyari signed a Memorandum of Understanding between the companies. Memorandum was signed today at the Russia-Africa economic forum in Sochi. According to the Memorandum, the parties intend to consider possible cooperation in the …

Vienna, Austria, 24 October 2019–The price of OPEC basket of fourteen crudes stood at $60.42 a barrel on Wednesday, compared with $59.78 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 …

TMG Worldwide are pleased to confirm their partnership with the Ghana National Petroleum Corporation to organise and host the inaugural West African Well Engineering Forum. Following the format of the successful series of “Well Engineering Forums” in the TMG Worldwide portfolio, WAWEF 2020 will bring together the largest gathering of …

Vienna, Austria, 23 October 2019–The price of OPEC basket of fourteen crudes stood at $59.78 a barrel on Tuesday, compared with $59.50 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 …

PAO NOVATEK (“NOVATEK” and/or the “Company”) today announced that Yamal LNG has received notification from TC LNG Shipping L.L.C. (“TC LNG”), the joint-venture owning the Arc7 ice-class tankers, that joint-venture is no longer considered a “Blocked Person” under the US Department of the Treasury’s Office of Foreign Asset Control or …