Oil & Gas Operators

OPEC Daily Basket Price: Monday, 22 November 2021, Stood at $78.90 a Barrel

Vienna, Austria, 23 November 2021 – The price of OPEC basket of thirteen crudes stood at $78.90 a barrel on Monday, compared with $80.32 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), …

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Oil & Gas Operators

Governor of Ugra Natalya Komarova and Founder of INK Marina Sedykh Discussed Issues of Sustainable Development

Governor of the Khanty-Mansiysk Autonomous Okrug Natalya Komarova and General Director of INK-Capital (a holding structure of Irkutsk Oil Company LLC), founder of the company, member of the Board of Directors Marina Sedykh took part in a working meeting that took place in Khanty-Mansiysk. The parties discussed issues of sustainable …

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Oil & Gas Operators

GRDF – Climate: Hydrogen, Unavoidable in the Ecological Transition

To facilitate the injection of hydrogen into distribution networks, GRDF and 66 gas distributors from 13 European countries have launched the  Ready for Hydrogen (Ready4H2) initiative . The objective of this project is to offer a common vision, backed by the experience of European distributors, of the fundamental role of gas …

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Oil & Gas Operators

LUKOIL: Successfully Tries Out Casing Drilling

As a part of its technical and economic optimization programme, LUKOIL conducted controlled directional casing drilling at its Bayandyskoye and Pyakyakhinskoye fields, and received encouraging results. The Republic of Komi became the first region where the Company performed controlled directional 245 mm casing drilling featuring extractable bottom hole assembly. At …

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Oil & Gas Operators

OPEC Daily Basket Price: Friday, 19 November 2021, Stood at $80.32 a Barrel

Vienna, Austria, 22 November 2021 – The price of OPEC basket of thirteen crudes stood at $80.32 a barrel on Friday, compared with $79.37 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), …

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Oil & Gas Operators

Rosneft: Confirmed its Compliance with International Standards in the Field of Industrial Safety, Labor Protection and the Environment

Rosneft’s Integrated Industrial Safety, Labor and Environment Management System (IMS HSE) was once again recognized as complying with the requirements of international standards ISO 45001: 2018 “Occupational Safety and Health Management System” and ISO 14001: 2015 “Environmental Management System”. Ensuring industrial safety, labor protection and environmental protection is a priority …

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Oil & Gas Operators

NOV: Reinstates Regular Quarterly Dividend

NOV Inc. today announced that its Board of Directors has reinstated its regular quarterly cash dividend of $0.05 per share of common stock. “Reinstating a regular quarterly dividend demonstrates our continued commitment to returning excess capital to our shareholders along with our growing confidence in the emerging recovery of our …

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Oil & Gas Operators

Rosneft – BP Joint Venture: Names Field in Taymyr after Hero of the Russian Federation E.N. Zinichev

The State Reserve Commission (GKZ) confirmed the discovery of a new gas condensate field in the Taymyr Peninsula. The field with 384 billion cubic meters of gas reserves was discovered by exploration well No.1 drilled at the Verkhnekubinskoye subsoil area, the license for which is held by Ermak Neftegaz LLC, …

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Oil & Gas Operators

OPEC Daily Basket Price: Wednesday, 17 November 2021, Stood at $81.10 a Barrel

Vienna, Austria, 18 November 2021 – The price of OPEC basket of thirteen crudes stood at $81.10 a barrel on Wednesday, compared with $82.01 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), …

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Oil & Gas Operators

Gazprom Neft: Increases Gasoline Production by 6.5% in 9 Months of 2021

At the end of 9 months of 2021, the production of gasoline and diesel fuel at Gazprom Neft’s own refineries – Moscow and Omsk – increased by 6.5%, to 5.53 million tons and 1%, to 6.95 million tons, respectively. The total refining volume increased by 7.6% against the result of 9 …

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