Eurasia Journal News

Fund will support projects in BP’s Upstream business, building on strong progress already being made across Group On track to deliver ambitious emissions reductions and methane intensity targets Greenhouse gas emissions lower again in 2018, despite higher oil and gas output BP today announced that it has established a $100 …

Vienna, Austria, 27 March 2019–The price of OPEC basket of fourteen crudes stood at $67.03 a barrel on Tuesday, compared with $66.19 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), …

Gazprom Neft successfully tested its own digital system to improve the efficiency of oil production. The program allows you to analyze thousands of options for the development of deposits and select the best. According to estimates of its developers from the Scientific and Technical Center of the company, the economic …

Gazprom Neft and Schlumberger made an agreement on technological cooperation in well logging. The document was signed by Vadim Yakovlev, First Deputy CEO, Gazprom Neft, and Sergey Slyusenko, Managing Director, Gazpromneft-Noyabrskneftegazgeofizika and Gokhan Saygi, President of Schlumberger RCA. The new agreement is a logical follow-up to the agreements achieved in 2011, when Gazprom Neft and Schlumberger signed their first …

LUKOIL-Western Siberia LLC (a 100% subsidiary of PJSC LUKOIL) has started operational drilling of wells at the Chumpasskoye field in the Khanty-Mansiysk Autonomous Okrug-Yugra. In the next three years, it is planned to equip three shrub sites. Half of the project well stock accounts for horizontal wells with multistage hydraulic …

Vienna, Austria, 25 March 2019–The price of OPEC basket of fourteen crudes stood at $66.67 a barrel on Friday, compared with $67.78 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), …

Vienna, Austria, 22 March 2019–The price of OPEC basket of fourteen crudes stood at $67.78 a barrel on Thursday, compared with $67.54 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), …

Kazakhstan has renamed its capital Astana to Nur-Sultan to honour outgoing leader Nursultan Nazarbayev, who unexpectedly resigned on Tuesday. The change was announced after Kassym-Jomart Tokayev was sworn in as president, promising to seek his predecessor’s opinion on key decisions. Mr Nazarbayev, 78, served nearly 30 years as leader of …

The Outlook revision reflects Russneft’s decreasing leverage, driven by improved per-barrel profitability on the back of higher oil prices and more production coming from depleted and hard-to-recover reserves, Fitch said. Russneft’s funds from operations net leverage (adjusted for operating leases and including long-term prepayments and preferred stock) fell to 3.4x …

Vienna, Austria, 20 March 2019–The price of OPEC basket of fourteen crudes stood at $67.25 a barrel on Tuesday, compared with $66.87 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), …