Eurasia Journal News

Urals Energy announces that Andrew Shrager, Leonid Dyachenko and Stephen Buscher have resigned as directors of the Company with effect from the close of business today. As noted in the Company’s previous announcements, an extraordinary general meeting is scheduled for 11am Cypriot time, 9am GMT, tomorrow 22nd February 2019 (the …

Major global economies, including the US, the EU region, Indonesia, Russia and China, are set for a moderate slowdown in 2019 owing to uncertainties related to the protectionist policies advocated by various national governments, lower levels of consumer confidence and high levels of national debts, according to GlobalData, a leading …

Equinor sold natural gas for around USD 26 billion in total in 2018, an increase of 29 percent from 2017. As more countries prepare for the energy transition, Equinor sees strong market opportunities for gas and expects global demand to grow by around 10% towards 2030. Equinor is the largest …

Gazprom Neft (the “Company”) 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 …

Urals Energy announces the following details of the extraordinary general meeting scheduled for 11am Cypriot time, 9am GMT, on the 22nd February 2019 (the “EGM”) at the registered office of the Company at Glafkos Tower, Office 501, 5th floor, 3 Menandrou street, Nicosia, CY-1066, Cyprus. The EGM is to be …

Vienna, Austria, 21 February 2019–The price of OPEC basket of fourteen crudes stood at $65.97 a barrel on Wednesday, compared with $65.79 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), …

PAO NOVATEK today released its audited consolidated financial statements for the year ended 31 December 2018 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial Highlights  (in millions of Russian roubles except as stated)   FY 2018  FY 2017  Oil and gas sales 825,761 579,819 Other revenues 5,997 …

Vienna, Austria, 20 February 2019–The price of OPEC basket of fourteen crudes stood at $65.79 a barrel on Tuesday, compared with $66.03 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 (Congo), …

Vienna, Austria, 19 February 2019–The price of OPEC basket of fourteen crudes stood at $66.03 a barrel on Monday, compared with $64.87 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), …

The Sakhalin-2 liquefied natural gas (LNG) plant, operated by Sakhalin Energy, was launched in February 18, 2009. In 2010, it reached its full design capacity – 9.6 mln tonnes of LNG per annum. In the years that followed, an ambitious debottlenecking programme helped increase its output capacity by 20%. This …