OPEC Daily Basket Price: Thursday, 27 June 2019, Stood at $65.61 a Barrel
Vienna, Austria, 28 June 2019–The price of OPEC basket of fourteen crudes stood at $65.61 a barrel on Thursday, compared with $65.60 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), …
How Much Did Kazakhstani Companies Earn Providing Services to Oil and Gas Operators
Oil and Gas Strategic Partnership Development Council (Petrocouncil) provides Kazakhstani companies with the information on the orders for the supply of goods, works and services placed by oil and gas operators in 2018. These data should help domestic enterprises in choosing a strategy for the development of production, which in …
Caspian Sunrise: MJF Licence Update
The Board of Caspian Sunrise is pleased to provide the following operational update at its flagship BNG asset. The board of Caspian Sunrise are pleased to confirm that the signed protocol from the Ministry of Energy has been received. The protocol is the final major hurdle in achieving full export …
OPEC Daily Basket Price: Wednesday, 26 June 2019, Stood at $65.60 a Barrel
Vienna, Austria, 27 June 2019–The price of OPEC basket of fourteen crudes stood at $65.60 a barrel on Wednesday, compared with $64.79 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: Tuesday, 25 June 2019, Stood at $64.79 a Barrel
Vienna, Austria, 26 June 2019–The price of OPEC basket of fourteen crudes stood at $64.79 a barrel on Tuesday, compared with $65.05 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 First LNG Cargo to Japan
PAO NOVATEK announced today that Yamal LNG shipped the first cargo of liquefied natural gas (“LNG”) to Japan in accordance with the long-term offtake agreement with TOTAL. The cargo was unloaded at the Tobata LNG Terminal in accordance with the buyers lifting and delivery schedule. “Commencing LNG shipments to the …
Eni and IBM Boost Geological Data Interpretation Thanks to Artificial Intelligence Platform
Eni and IBM announced the first results of a multiyear collaboration using artificial intelligence (AI) by launching the research platform “Cognitive Discovery”. The objective of the new platform is to support Eni’s decision-making during the initial stages of the exploration phase, in order to significantly reduce the exploration risks linked …
Exillon Energy: May Production Report
Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, is pleased to announce unaudited production data for the month of May 2019. · Our average daily production[1] was 11,932 bbl/day during the period. · Average daily production for Exillon TP was 2,275 bbl/day, and …
OPEC Daily Basket Price: Monday, 24 June 2019, Stood at $65.05 a Barrel
Vienna, Austria, 25 June 2019–The price of OPEC basket of fourteen crudes stood at $65.05 a barrel on Monday, compared with $65.29 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), …
Azerbaijan Gets Jack-Up Rig for Caspian Sea Ops from Kazakhstan
Kazakhstan’s state-owned oil and gas company KazMunayGas (KMG) has delivered a jack-up drilling rig named Satti to Azerbaijan’s SOCAR for operations in Azerbaijan’s sector of the Caspian Sea. The Satti rig arrived in Baku on Wednesday, June 19. The welcoming ceremony was attended by Alik Aidarbayev, the Chairman of the Management Board …