
Gazprom Actively Working to Expand Gas Infrastructure in Sakhalin Region
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Valery Limarenko, Acting Governor of the Sakhalin Region, took place in St. Petersburg today. The parties reviewed the implementation of the Cooperation Agreement, noting the strategic nature of interactions between Gazprom and the Government of the Sakhalin Region. As part of the Eastern Gas Program, the Company is developing …

Caspian Sunrise: Non-Executive Director Appointment
The Board of Caspian Sunrise is pleased to announce the appointment of Timothy Andrew Field as a non-executive director of the Company with immediate effect. Tim is a corporate lawyer specializing in securities law and corporate governance. He is currently the head of the public company practice at Mishcon de …

PetroNeft: Announce Management Change
PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67, announces that Paul Dowling, CFO and Company Secretary, will depart the Company at the end of January 2019 to pursue other opportunities. Paul will …

OPEC Daily Basket Price: Thursday, 24 January 2019, Stood at $60.22 a Barrel
Vienna, Austria, 25 January 2019–The price of OPEC basket of fourteen crudes stood at $60.22 a barrel on Thursday, compared with $60.52 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), …

NOVATEK Announces Year-End 2018 Reserves
PAO NOVATEK announced that independent petroleum engineers, DeGolyer & MacNaughton, have completed their comprehensive reserve appraisal of the Company’s hydrocarbon reserves as of 31 December 2018. Total SEC proved reserves, including the Company’s proportionate share in joint ventures, aggregated 15,789 million barrels of oil equivalent (boe), including 2,177 billion cubic meters …

OPEC Daily Basket Price: Wednesday, 23 January 2019 Stood at $60.52 a Barrel
Vienna, Austria, 24 January 2019–The price of OPEC basket of fourteen crudes stood at $60.52 a barrel on Wednesday, compared with $60.66 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 Considering LNG Production in Russia’s Arctic
MOSCOW (Reuters) – Gazprom Neft (SIBN.MM), the oil arm of Russian gas giant Gazprom (GAZP.MM), is studying the possibility of its own liquefied natural gas (LNG) production in the Arctic as it tries to monetize its vast natural gas reserves. The discussions follow the successful launch of the Arctic-based Yamal …

Block Energy Plc: Commences Sidetracking Operations at the West Rustavi Field
Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to announce that sidetracking operations from the existing 16a wellbore (’16a’ or ‘the Well’) on the West Rustavi field (‘West Rustavi’) commenced today. 16a is part of an initial two-well horizontal sidetrack drilling programme …

OPEC Daily Basket Price: Tuesday, 22 January 2019, Stood at $60.66 a Barrel
Vienna, Austria, 23 January 2019–The price of OPEC basket of fourteen crudes stood at $60.66 a barrel on Tuesday, compared with $61.49 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 and Mitsui Discuss Sakhalin II and Baltic LNG
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Masami Iijima, Chairman of the Board of Directors of Mitsui & Co., Ltd., took place in Moscow today. The parties discussed current issues related to bilateral collaboration, including the Sakhalin II project. Alexey Miller and Masami Iijima also considered the avenues for further cooperation, paying particular attention …