Petrosibir: AGM – No Dividend for 2018, New Board Elected
Shareholders of Petrosibir AB passed the following main resolutions at the annual general meeting held on 28 May 2019. The shareholders adopted the annual report for the financial year 2018 and resolved that dividend should not be paid for the financial year 2018. In addition, the board and the managing …
Caspian Sunrise: First Two Core Samples Show Visible Secondary Porosity and Oil Staining, Third Core Under Retrival
The Company is pleased to announce that work has commenced to take a third core sample taken from Deep Well A8 on the Airshagyl structure at its flagship BNG Contract Area. Background Deep Well A8 was spudded in November 2018, with a target Total Depth of 5,300 meters and with …
OPEC Daily Basket Price: Monday, 27 May 2019, Stood at $67.42 a Barrel
Vienna, Austria, 28 May 2019–The price of OPEC basket of fourteen crudes stood at $67.42 a barrel on Monday, compared with $67.40 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 …
Why BP Supports a Fast Transition to Low Carbon
The wide and growing concerns about climate change will be clearly visible in Aberdeen today at the BP annual general meeting. We at BP understand these worries and share them. That is why I was pleased to take on the chairmanship earlier this year to support the transformation being led …
OPEC Daily Basket Price: Friday, 24 May 2019, Stood at $67.40 a Barrel
Vienna, Austria, 27 May 2019–The price of OPEC basket of fourteen crudes stood at $67.40 a barrel on Friday, compared with $68.56 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 …
NOVATEK Obtains New Licenses on the Krasnoyarsk Territory
PAO NOVATEK announced obtaining five new licenses on the Krasnoyarsk Territory located in close proximity to the Company’s existing licenses located on the Gydan Peninsula. OOO NOVATEK-Yurkharovneftegas obtained the right for geological survey licenses for the Khalmeryahskiy, Dorofeevskiy and West-Dorofeevskiy subsoil areas, while OOO NOVATEK-Tarkosaleneftegas obtained the right for geological …
OPEC Daily Basket Price: Thursday, 23 May 2019, Stood at $68.56 a Barrel
Vienna, Austria, 24 May 2019–The price of OPEC basket of fourteen crudes stood at $68.56 a barrel on Thursday, compared with $71.03 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 …
Caspain Sunrise: Core Samples Proving the Potential of the Airshagyl Structure
The Company is pleased to announce that two core samples taken from Deep Well A8 on the Airshagyl structure at its flagship BNG Contract Area have undergone preliminary analysis that shows them to be porous and oil and gas bearing. Background Deep Well A8 was spudded in November 2018 with …
JSC Uzbekneftegaz to be Split Up into Three Separate Companies
Bloomberg publication has published an article on the process of reforming the oil and gas industry in Uzbekistan. The material is based on an interview with the chairman of the company Bakhodirjon Sidikov. As the author of the publication Zulfugar Agayev notes, the goal of reorganizing the JSC Uzbekneftegaz is …
TATNEFT’s Board of Directors Summed Up Operation Results for the First Quarter of 2019
A regular meeting of the Board of Directors of PJSC TATNEFT chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Kazan on May 22, 2019 The Board meeting reviewed the results of the Company’s budget implementation for the four months of 2019 and approved the budget …