Oil & Gas Operators

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 …

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), …

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 …

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), …

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) …

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 …

The price of OPEC basket of thirteen crudes stood at $100.78 a barrel on Monday, compared with $100.01 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), …

Acquisition expands Baker Hughes’ turbomachinery portfolio with proven electric-power technology for industrial and energy customers Integration of BRUSH will enhance Baker Hughes’ electrification offering and supports strategic commitment to provide cleaner energy solutions Baker Hughes (Nasdaq: BKR) announced it has agreed to acquire the Power Generation division of BRUSH Group …

Nabors Industries Ltd. today reported second quarter 2022 operating revenues of $631 million, an increase of approximately 11%, compared to operating revenues of $569 million in the first quarter of 2022. The net loss from continuing operations attributable to Nabors shareholders for the quarter was $83 million, or $9.41 per …

The 31st OPEC and non-OPEC Ministerial Meeting was held via videoconference on 3 August 2022. The Meeting noted the dynamic and rapidly evolving oil market fundamentals, necessitating continuous assessment of market conditions. The Meeting noted that the severely limited availability of excess capacity necessitates utilizing it with great caution in …