Eni Launches New Corporate Mission Integrating Sustainability into its Business
Eni is continuing its transformation by launching a new corporate mission. Inspired by the United Nations’ 17 Sustainable Development Goals (SDGs), Eni’s mission sets out the company’s values regarding climate change, the environment, access to energy, cooperation and partnerships for development, and the respect for people and human rights. The …
Uzbekistan Says Three Upstream Gas Deals Close to Signing
Uzbekistan plans to sign at least three deals with large foreign energy companies this year and five more next year as it aims to boost its natural gas output, chief executive of state energy firm Uzbekneftegaz said on Friday. The list of potential partners in exploration and development agreements includes …
Condor to Sell Shoba and Taskuduk Oilfields for CA$32.7 Million
Condor Petroleum Inc. is pleased to announce that its wholly owned subsidiary, Falcon Oil & Gas Ltd has entered into a binding agreement to sell Falcon’s 100% interests in the Shoba and Taskuduk production contracts and associated field equipment for US$24.6 million which, at the current exchange rate of 1.33 …
OPEC Daily Basket Price: Tuesday, 24 September 2019, Stood at $63.93 a Barrel
Vienna, Austria, 25 September 2019–The price of OPEC basket of fourteen crudes stood at $63.93 a barrel on Tuesday, compared with $64.51 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), …
OPEC Daily Basket Price: Monday, 23 September 2019, Stood at $64.51 a Barrel
Vienna, Austria, 24 September 2019–The price of OPEC basket of fourteen crudes stood at $64.51 a barrel on Monday, compared with $65.30 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), …
5th KDR Well Engineering Forum Achieves Record Delegate Attendance
TMG Worldwide hosted the 5th Anniversary KDR Well Engineering Forum on the 12th September at the Palace of Independence in Nur-Sultan. Held in partnership with KMG Engineering and JSC NC KazMunayGas, KDR 2019 saw a record number of delegates attend the forum. Over 270 delegates, a year on year increase …
Sakhalin Energy Announced as Global Compact LEAD
Sakhalin Energy Investment Company Ltd. has today been announced as a Global Compact LEAD participant for its ongoing commitment to the United Nations Global Compact and its Ten Principles for responsible business. Announced at the UN Global Compact Leaders Week in New York, Sakhalin Energy was identified as being among the most …
OPEC Daily Basket Price: Friday, 20 September 2019, Stood at $65.30 a Barrel
Vienna, Austria, 23 September 2019–The price of OPEC basket of fourteen crudes stood at $65.30 a barrel on Friday, compared with $64.39 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), …
ACG Still Has Billions of More Barrels to Recover: Wood Mackenzie
There are still billions more barrels to recover and billions of dollars to invest in Azeri-Chirag-Gunashli (ACG), Ashley Sherman, Principal Research Analyst – Caspian & Europe at Wood Mackenzie research and consulting company told Trend. He made the remarks on the occasion of the 25th anniversary of signing of the Contract …
LUKOIL and KazMunayGas Sign Agreement on Joint Studies
President of PJSC LUKOIL Vagit Alekperov and Chairman of the Management Board of KazMunayGas Alik Aidarbayev have signed today in Almaty (Kazakhstan) an Agreement on Joint Studies. The two companies agreed on major terms of cooperation and expressed their willingness to begin studies on mineral resources in order to evaluate …