Eurasia Journal News

OSLO (Reuters) – An oil tanker owned by Norway’s Frontline has been struck by a torpedo off the coast of Fujairah in the United Arab Emirates, shipping newspaper Tradewinds reported on Thursday, citing unnamed industry sources. Frontline was not immediately available for comment. The United Kingdom Maritime Trade Operations, which …

Petrosibir’s total oil production during May 2019 amounted to 33,348 barrels, equivalent to 1,076 barrels per day. The table below summarises the average monthly / daily production in 2019 and 2018, broken down by region.                          2018 2019 Average …

Vienna, Austria, 13 June 2019–The price of OPEC basket of fourteen crudes stood at $61.01 a barrel on Wednesday, compared with $62.56 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), …

As part of today’s Saint-Petersburg International Economic Forum, PAO NOVATEK (“NOVATEK” and/or the “Company”) and OOO Severgroup (“Severgroup”) signed a Memorandum on Strategic Partnership and Cooperation (“Memorandum”). According to the Memorandum, the parties intend to cooperate on supplying materials and equipment for NOVATEK’s projects, including equipment for gas liquefaction trains. …

Vienna, Austria, 12 June 2019–The price of OPEC basket of fourteen crudes stood at $62.56 a barrel on Tuesday, compared with $63.01 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), …

Eni’s subsidiary Agip Caspian Sea B.V today has signed two Memorandum of Understanding (MoU) in Nur-Sultan, Kazakhstan. The agreements sanction the company’s commitment towards projects aimed at promoting technological cooperation in the oil and gas upstream exploration and production, as well as the unveiling of an initiative for the creation …

Vienna, Austria, 11 June 2019–The price of OPEC basket of fourteen crudes stood at $63.01 a barrel on Monday, compared with $62.71 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), …

Gazprom Neft and the Government of the Yamalo-Nenets Autonomous Okrug are to expand their cooperation in developing viable technologies for exploiting Achimovsky-strata oil deposits, with Dmitry Artyukhov, Governor of the Yamalo-Nenets Autonomous Okrug, and Alexander Dyukov, CEO, Gazprom Neft, having signed a Memorandum of Cooperation on creating a technology centre for developing Achimovsky deposits at the St Petersburg International Economic …

Gazprom Neft, Repsol and Shell have signed a memorandum of understanding at this year’s St Petersburg International Economic Forum on establishing a joint venture to develop the Leskinsky and Pukhutsyayakhsky license blocks on the Gydan Peninsula. The document was signed by Vadim Yakovlev, First Deputy CEO, Gazprom Neft, Tomás García Blanco, E&P Executive Managing Director, Repsol, and Cederic Cremers, …

Gazprom Neft and ZYFRA have agreed to establish a joint venture to develop digital solutions for managing production at industrial enterprises. The preliminary agreement was signed by Andrei Belevtsev, Chief Digital Transformation Officer of Gazprom Neft, and Igor Bogachev Chief Executive Officer of Zyfra during the St Petersburg International Economic Forum. The companies will focus on developing digital solutions …