Eurasia Journal News

The Board of Caspian Sunrise is pleased to report the completion of the previously announced acquisition of 3A Best Group JSC (“3A Best”) (“the Acquisition”), most recently announced on 13th November 2018. Background 3A Best owns a Contract Area of 1,347 sq km located close to the Caspian port city …

Vienna, Austria, 22 January 2019–The price of OPEC basket of fourteen crudes stood at $61.49 a barrel on Monday, compared with $60.90 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), …

Vienna, Austria, 18 January 2019–The price of OPEC basket of fourteen crudes stood at $59.63 a barrel on Thursday, compared with $59.52 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), …

The Joint Ministerial Monitoring Committee (JMMC) has expressed its utmost satisfaction with the steady and robust achievements of the two-year old ‘Declaration of Cooperation’ between OPEC and participating non-OPEC oil producing countries. The JMMC noted that countries participating in the ‘Declaration of Cooperation’ achieved an overall conformity level in November …

The Board of Caspian Sunrise are pleased to provide the following operational update at its flagship BNG asset. Deep Well A5 Background The well was drilled in 2013 to a depth of 4,432 meters. High pressure resulted in the well becoming blocked with excess drilling fluid and debris from the …

Vienna, Austria, 17 January 2019–The price of OPEC basket of fourteen crudes stood at $59.52 a barrel on Wednesday, compared with $58.24 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), …

Specialists from RN-UfaNIPIneft, a facility of Rosneft’s corporate Research and Development Complex, have completed their work on creation of the first industrial model of RN-SIGMA corporate software solution designed for geomechanics modelling when drilling. The software allows Company’s engineers expanding their application of geomechanics for borehole stability calculation and reducing …

PAO NOVATEK (“NOVATEK” and/or the “Company”) reported today preliminary operating data for the twelve months ended 31 December 2018. In 2018, NOVATEK’s hydrocarbon production totaled 548.4 million barrels of oil equivalent (boe), including 68.81 billion cubic meters (bcm) of natural gas and 11,800 thousand tons of liquids (gas condensate and …

Vienna, Austria, 15 January 2019–The price of OPEC basket of fourteen crudes stood at $58.39 a barrel on Monday, compared with $60.00 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), …

PetroNeft (AIM: PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67, is pleased to announce the selection and appointment of a new Chief Executive Officer (“CEO”). Mr. David Sturt, who has been a …