Eurasia Journal News

OPEC Daily Basket Price: Thursday, 28 February 2019, Stood at $65.28 a Barrel

Vienna, Austria, 1 March 2019–The price of OPEC basket of fourteen crudes stood at $65.28 a barrel on Thursday, compared with $64.97 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), …

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Conference and Exhibition News and UpdatesEurasia Journal News

RDCR 2019 Confirmed Presentations

RDCR 2019: Only 6 Weeks to Go With RDCR 2019, taking place at the Kempinski Baltschug Hotel, central Moscow on April 11th, event organisers TMG Worldwide are pleased to announce a fantastic line up of presentations from the region’s leading oilfield operators, drilling contractors as well as service and technology …

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Eurasia Journal News

Exillon Energy: January 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  January 2019. ·     Our average daily production[1] was 11,216 bbl/day during the period. ·     Average daily production for Exillon TP was 2,344 bbl/day, and …

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Eurasia Journal News

Gazprom: Changes Senior Management

Alexander Medvedev has been relieved of his post as Deputy Chairman of the Management Committee. He is going to focus on the International Business Congress and FC Zenit. Valery Golubev has been relieved of his post as Deputy Chairman of the Management Committee. Alexey Miller, Chairman of the Gazprom Management Committee, has thanked Valery Golubev for his years of valuable service at the Company. Vsevolod Cherepanov has been relieved …

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Eurasia Journal News

OPEC Daily Basket Price: Monday, 25 February 2019, Stood at $65.36 a Barrel

Vienna, Austria, 26 February 2019–The price of OPEC basket of fourteen crudes stood at $65.36 a barrel on Monday, compared with $66.56 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), …

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Eurasia Journal News

Gazprom Neft Demonstrates Solid Growth Across all Key Financial Indicators in 2018

Gazprom Neft today announces its IFRS consolidated financial statements for the 12 months ended 31 December 2018 (FY2018). Net profit for FY2018 of RUB376.7 billion, a 48.7 % increase year-on-year Adjusted EBITDA* of RUB800 billion, — up 45.1 % year-on-year Free cash flow (FCF) of RUB162 billion, a 2.5-fold increase year-on-year Revenue for FY2018 amounted to RUB 2,489 billion , a 28.7% increase year-on-year.** Adjusted EBITDA grew by more than 45.1% year-on-year …

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Eurasia Journal News

OPEC Daily Basket Price: Friday, 22 February 2019, Stood at $66.56 a Barrel

Vienna, Austria, 25 February 2019–The price of OPEC basket of fourteen crudes stood at $66.56 a barrel on Friday, compared with $66.50 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), …

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Eurasia Journal News

Urals Energy: EGM Replaces Board – Long Live the King!

The newly elected Board of Directors of Urals Energy PCL, would like to thank those shareholders who have voted for them the recent extraordinary general meeting (the “EGM”) and announce results of the EGM and the new Board’s strategy going forward.  Results of the EGM At the EGM held earlier …

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Eurasia Journal News

OPEC Daily Basket Price: Thursday, 21 February 2019, Stood at $66.50 a Barrel

Vienna, Austria, 22 February 2019–The price of OPEC basket of fourteen crudes stood at $66.50 a barrel on Thursday, compared with $65.97 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), …

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Eurasia Journal News

MOL Group 2018 Results: Highest EBITDA Since 2011

Clean CCS EBITDA reached USD 2.69bn, up 10% versus previous year Upstream’s contribution jumped by 49% y-o-y, Consumer Services increased by 18% Net profit reached again USD 1.1bn, equaling previous year’s result Budapest, 22 February 2019 – Today, MOL Group announced its financial results for 2018. MOL increased its EBITDA …

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