Russian Oil Chief Maganov Dies in ‘Fall From Hospital Window’
The chairman of Russia’s Lukoil oil giant, Ravil Maganov, has died after falling from a hospital window in Moscow, reports say. The company confirmed his death but said only that Maganov, 67, had “passed away following a severe illness”. Russian media said he was being treated at Moscow’s Central Clinical …
Gazprom and Rostelecom Expanding Use of Digital Technologies
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Mikhail Oseevsky, President of Rostelecom, took place today in St. Petersburg. The parties discussed relevant issues pertaining to their cooperation. A focus was placed on advancing collaboration in the use of Gazprom’s Yamal orbital satellite constellation to meet the needs of Rostelecom. Currently, Rostelecom uses the resources of four Yamal …
RussNeft Conducts Oil Spill Containment and Response Exercise
PJSC “RussNeft” have conducted an integrated exercise to test the company’s preparedness for actions to be taken to localize and eliminate spills of crude oil and petroleum products in the Saratov region. The exercise took place not far from the Stepnoye village of the Sovietsky municipal district of the Saratov …
Rystad Energy: Russian Crude Output Rebounds Strongly, But Hard Times Lie Ahead
Russia has so far demonstrated high resilience to the unprecedented pressure imposed by Europe and the US – but the worst is yet to come, according Rystad Energy research. While Russian crude output is expected to remain high for the remainder of the Northern Hemisphere summer it is expected to decline …
Petrosibir: Production Report July 2022
Petrosibirs total oil production during July 2022 amounted to 27,553 barrels, equivalent to 889 barrels per day. The table below summarises the average monthly / daily production in 2021 and per month in 2022, broken down by region. 2021 2022 Average Jan Feb Mar Apr May …
OPEC Daily Basket Price Stood at $98.22 a Barrel Thursday, 18 August 2022
The price of OPEC basket of thirteen crudes stood at $98.22 a barrel on Thursday, compared with $95.73 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), Zafiro (Equatorial Guinea), …
TATNEFT Will Produce Helium and LNG
The Company is reconstructing a cryogenic unit for advanced processing of dry stripped gas to produce new products. The engineering design documentation and the results of engineering surveys carried out at the territory of Tatneftegazpererabotka Administration (UTNGP) have received a positive conclusion from the State Ecological Expertise and the Federal …
OPEC Daily Basket Price Stood at $100.04 a Barrel Monday, 15 August 2022
The price of OPEC basket of thirteen crudes stood at $100.04 a barrel on Monday, compared with $103.83 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), Zafiro (Equatorial Guinea), …
Gazprom Gas Production and Supplies: Results For 7.5 Months
According to preliminary data, Gazprom produced 274.8 billion cubic meters of gas from January 1 through August 15, 2022. This is a decrease of 13.2 per cent (or 41.7 billion cubic meters) versus the same period of last year. The domestic demand for the Company’s supplies from the gas transmission system went down by 2.3 per cent (or 3.6 billion cubic meters) …
Gazprom: On the Conversion of Depositary Receipts Into PJSC Gazprom Shares
PJSC Gazprom has notified Gazprombank (Joint Stock Company) of the necessity to perform automatic conversion of depositary receipts into PJSC Gazprom’s shares. Gazprombank is responsible for the custody of the ordinary shares of PJSC Gazprom that represent receipts issued under the depositary receipts programmes. The issuer of the depositary receipts (The Bank of New York Mellon) has a depo account under the depositary …