Oil & Gas Operators

NOVATEK: Board of Directors Changes Management Board Composition

The Board of Directors of PAO NOVATEK has passed the resolution to change the composition of the Company’s Management Board. The Board of Directors terminated the powers of the Management Board member Evgeny Kot. Sergey Solovyov who previously held the position of Deputy Chairman of the Management Board – Director …

READ MORE →
Oil & Gas Operators

OPEC Daily Basket Price: Thursday, 16 December 2021, Stood at $74.66 a Barrel

Vienna, Austria, 17 December 2021 – The price of OPEC basket of thirteen crudes stood at $74.66 a barrel on Thursday, compared with $73.12 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), …

READ MORE →
Oil & Gas Operators

LUKOIL: Presents Global Energy Outlook 2050

Leonid Fedun, Vice President for Strategic Development of PJSC LUKOIL, presented the outlook for the development of global energy to 2050 today in Moscow. The report analyses possible greenhouse gas emission tracks in three scenarios of various approaches to climate regulations. It evaluates attainability of the goals to keep global …

READ MORE →
Oil & Gas Operators

Gazprom Neft: Confirms High CDP Climate Rating

Gazprom Neft retained its leading position in the international ranking of the Carbon Disclosure Project (CDP), the most authoritative study on indicators of climate responsibility. Based on the results of an independent assessment, Gazprom Neft received a B category rating (on a scale from A to D-), which corresponds to the …

READ MORE →
Oil & Gas Operators

Rosneft: Upgraded its Position in S&P Global’s International ESG Rating

The financial analytics and credit rating company S&P Global upgraded Rosneft’s industry sustainability S&P Global ESG Scores rating by 14 points to 68 percentile while the overall Company’s score was upgraded to 47. Business and corporate ethics, environment protection information disclosure and social responsibility performance of Rosneft received the highest …

READ MORE →
Oil & Gas Operators

Andrey Kasyanenko Put in Charge of Gazprom Dobycha Yamburg

Andrey Kasyanenko has been elected Director General of Gazprom Dobycha Yamburg. Andrey Kasyanenko Enlarged photo (JPG, 867.9 KB) Andrey Kasyanenko was born in 1978. He graduated from Samara State Technical University, majoring in Oil and Gas Field Development and Operation. He has a PhD degree in Engineering. He has been employed with Gazprom for about 17 years. 2004–2007: operator of the operations …

READ MORE →
Oil & Gas Operators

Gazprom and CNPC Review Results of Joint Efforts Performed in 2021

The meeting of the Joint Coordinating Committee (JCC) of Gazprom and CNPC moderated by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Huang Yongzhang, Vice President of CNPC, took place today via a video link. The meeting participants discussed the results of their joint work performed in 2021. The parties highlighted the reliability of natural gas supplies …

READ MORE →
Oil & Gas Operators

Gazprom: Gas Production and Supplies – Results for 11.5 Months

According to preliminary data, Gazprom produced 490.4 billion cubic meters of gas between January 1 and December 15, 2021, which is 14.2 per cent (or 61.1 billion cubic meters) more than in the same period of last year. Gazprom ramped up its domestic supplies from the gas transmission system by 14.5 per cent …

READ MORE →
Oil & Gas Operators

The Board of Directors Approves Updated Strategy of LUKOIL Group

​The Board of Directors of PJSC LUKOIL held a meeting today to approve the Company’s Strategic Development Programme for 2022-2031 (hereinafter, the Programme). The Programme stipulates balanced sustainable development of the Company with a focus on its hydrocarbon business. The following strategic priorities have been determined: focus on investments into …

READ MORE →
Oil & Gas Operators

OPEC Daily Basket Price: Tuesday, 14 December 2021, Stood at $74.28 a Barrel

Vienna, Austria, 15 December 2021 – The price of OPEC basket of thirteen crudes stood at $74.28 a barrel on Tuesday, compared with $75.04 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), …

READ MORE →