Eurasia Journal News

Gazprom Neft has secured hydrocarbon exploration, development and production rights to the Leninsky license block in the Gydan Peninsula. The Leninsky license block is located in the Gydan Peninsula in the Taymyrsky district of the Krasnoyarsky Krai, bordered on one side by the Tazovsky district of the Yamalo-Nenets Autonomous Okrug and on the other by the Kara Sea. The total size …

Vienna, Austria, 20 December 2018–The price of OPEC basket of fifteen crudes stood at $55.13 a barrel on Wednesday, compared with $56.08 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), Oriente …

AO NOVATEK (“NOVATEK” and/or the “Company”) and SACE (CDP Group) signed a Memorandum on Strategic Cooperation (“Memorandum”) in relation to the Company’s current and future LNG projects. The parties agreed to develop long-term cooperation on the Arctic LNG 2 project and potential new LNG projects involving Italian suppliers and engineering companies. “We …

Vienna, Austria, 19 December 2018–The price of OPEC basket of fifteen crudes stood at $56.08 a barrel on Tuesday, 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), …

BP plans to drill four new wells at Azerbaijan’s oil and gas fields in 2019, BP Azerbaijan Vice President Bakhtiyar Aslanbayli told Trend. In particular, he noted that two exploration wells will be drilled in the shallow waters around the Absheron Peninsula [SWAP project], one well at the Shafag-Asiman block …

The National Iranian Oil Company (NIOC) announced that no contract has been signed between Iran oil industry and Russian oil company Rosneft , therefore the rumors of Rosneft quitting the Iran oil industry has no justification, NIOC said in a statement, Trend reports via IRNA. Russian business daily “Vedomosti” recently …

Dear UEPCL shareholders, I, on behalf of JSC Petrosakh as its President, would like to address a number of misleading accusations made by the UEPCL Board of Directors (the “Board”) in various RNS announcements issued on and after 10 October 2018 concerning JSC Petrosakh and its management. First of all, …

The board of Urals Energy (the “Board”), the independent exploration and production company with operations in Russia, has noticed that an English language statement, that is said to be made on behalf of Mr Sergey Kononov, addressed to the Company’s shareholders (the “Statement”) has been issued on the website of …

Vienna, Austria, 18 December 2018–The price of OPEC basket of fifteen crudes stood at $58.24 a barrel on Monday, compared with $59.07 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 board of Urals Energy (the “Board”), the independent exploration and production company with operations in Russia, provides the following updates. Auction commitment to purchase a passenger ship The Board has been made aware of a possible transaction outside of the Group’s ordinary course oil business by Petrosakh, which the …