Eurasia Journal News

Alexey Miller, Chairman of the Gazprom Management Committee, and Yan Novikov, Chairman of the Management Board, Director General of the Almaz-Antey Corporation, today at the Russian Investment Forum in Sochi signed a long-term contract for the supply of import-substituting products in the amount equal to guaranteed future purchases. According to the document, the Corporation will set up the batch manufacturing and …

A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to China today. As part of the visit, a meeting between Alexey Miller and Wang Yilin, Chairman of the Board of Directors of CNPC, took place in Beijing. The parties reviewed a wide range of issues related to cooperation between the companies, focusing on the ongoing preparations for the …

The agreement envisages new forms of cooperation being developed and implemented between Gazprom Neft and local universities, scientific organisations, and real-sector small and medium-sized enterprises (SMEs).* Cooperation will be based around a “Cross-industry Joint Technology Development Centre” which the company will be establishing in partnership with the Administration and higher educational establishments in Tomsk. The document …

Vienna, Austria, 18 February 2019–The price of OPEC basket of fourteen crudes stood at $64.87 a barrel on Friday, compared with $64.28 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, 15 February 2019–The price of OPEC basket of fourteen crudes stood at $64.28 a barrel on Thursday, compared with $62.94 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), …

The parties discussed ongoing and future cooperation, including Russian gas supplies to Germany. It was noted that the amount of gas exports to the country was maintained at the level of the previous year due to warm February weather. Between January 1 and February 12, Gazprom delivered an estimated 7.7 billion cubic meters of gas to Germany, an increase of 0.7 per cent against …

Yesterday, Eni’s Board of Directors approved the Group results for the full year and the fourth quarter of 2018 (unaudited). Commenting on the results, Claudio Descalzi, CEO of Eni, remarked: “2018 was a strong year for Eni both financially and operationally, which was characterized by a robust fourth quarter performance. We …

The 2019 edition of BP’s Energy Outlook, published today, explores the key uncertainties that could impact the shape of global energy markets out to 2040. The greatest uncertainties over this period involve the need for more energy to support continued global economic growth and rising prosperity, together with the need for a more rapid …

The board of Urals Energy PCL, the independent oil and gas exploration and production company with operations in Russia, is providing an update for its shareholders in respect of the Group’s operational and financial position, the resignation of the Company’s nominated adviser and the suspension of trading in the Company’s …

Karachaganak Petroleum Operating B. V. (KPO) has announced its performance results for 2018. In 2018, KPO managed to reach record production levels of 148 million boe (barrels of oil equivalent) of stabilized and unstabilized liquid hydrocarbons, raw and fuel gas. 8.6 billion cubic metres of gas,  which is approximately 45.4 …