
Gazprom Neft Produces its 100-Millionth Barrel of Oil at the Badra Field
Gazprom Neft subsidiary Gazpromneft-Badra has now produced 13.5 million tonnes — or 100 million barrels — of oil. Cumulative production at the Badra field in the five years since this asset went into commercial operation has reached 100 million barrels — the first shipment of liquid hydrocarbons having taken place in 2014. Oil production at the field stands at more than …

Gazprom Neft Puts the Finishing Touches to its Environmental Monitoring System in Orenburg
Gazpromneft-Orenburg is using the latest environmental monitoring stations and modern mobile laboratories to expand its environmental monitoring system. The business’s total investment in environmental initiatives in 2019 is expected to exceed RUB1.8 billion. Gazpromneft-Orenburg has finished putting in place a fleet of cutting-edge mobile environmental laboratories (eco-labs), with the most recent — built on a KamAZ chassis — being launched during a day shift at the …

Uzbek Ministry of Energy Talks on Joint Project with Gazprom
The joint venture Natural Gas-Stream, established by Uzbekneftegaz and the Gas Project Development Central Asia (a subsidiary of Gazprom International), is implementing an investment project in north-west of Uzbekistan, a representative of the Ministry of Energy of Uzbekistan told Trend in an interview. The project envisages exploration work on the investment blocks …

OPEC Daily Basket Price Stood: Friday, 16 August 2019, at $59.13 a Barrel
Vienna, Austria, 19 August 2019–The price of OPEC basket of fourteen crudes stood at $59.13 a barrel on Friday, compared with $58.87 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), …

Yamal LNG Shipped Twenty Million Tons
Yamal LNG announced that it has shipped its twentieth million ton of LNG since the commencement of the project. The new Arc7 ice-class tanker “Vladimir Voronin” loaded the 273rd cargo as the project reached 20 million tons of LNG produced since the start-up of Train 1 in December 2017. The …

Severneftegazprom Financial Results H1 2019: Revenue Up 21%
OJSC «Severneftegazprom» issued the unaudited interim condensed Financial Information for the six months 2019 prepared in accordance with the International Accounting Standard 34 Interim Financial Reporting (IFRS (IAS 34)). Revenue from the gas sales for the reporting period amounted to RUB 26 476 million. The increase in revenue by RUB 4 619 …

OPEC Daily Basket Price: Thursday, 15 August 2019, Stood at $58.87 a Barrel
Vienna, Austria, 16 August 2019–The price of OPEC basket of fourteen crudes stood at $58.87 a barrel on Thursday, compared with $59.99 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), …

Russia’s Novatek wants to sell LNG from Arctic LNG-2 to India
Russia’s Novatek is interested in supplying liquefied natural gas (LNG) from its Arctic LNG-2 project to Indian companies, Russian Deputy Energy Minister Anton Inyutsyn was quoted as saying by the ministry’s website on Monday. Novatek plans to start producing LNG at Arctic LNG-2 in 2022-2023. The plant, which is expected …

Exillon Energy: July Production Report
14 August 2019 – Exillon Energy plc (“Exillon Energy”, the “Company” or the “Group”) (EXI.LN), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce unaudited production data for the month of July 2019 (“the Period”). · Our average …

OPEC Daily Basket Price: Tuesday, 13 August 2019, Stood at $59.47 a Barrel
Vienna, Austria, 14 August 2019–The price of OPEC basket of fourteen crudes stood at $59.47 a barrel on Tuesday, compared with $57.96 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), …