Oil & Gas Operators

A press breakfast dedicated to the 10th anniversary of Rosneft’s research work in high latitudes was held in Moscow. The Arctic Research Center of the Company was established in 2011 to carry out comprehensive research in the following areas: geology of marine and coastal zones, oceanology, hydrometeorology, study of glaciers and …

Vienna, Austria, 9 December 2021 – The price of OPEC basket of thirteen crudes stood at $75.09 a barrel on Wednesday, compared with $74.61 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), …

The Board of Directors of Gazprom Neft (the ‘Company’) has reviewed the interim results of its 2021 budget and investment programme, and plans for 2022. The Company’s 2021 investment programme is expected to reach ₽499.4 billion in total. The Company has delivered consistent growth across key financial indicators every quarter throughout 2021 The Company has delivered …

PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 90% owner and operator of Licence 67 and 50% owner and operator of Licence 61 is pleased to provide a financing update. Highlights Total of $37,500 of debt converted to equity under 2021 …

Vienna, Austria, 7 December 2021 – The price of OPEC basket of thirteen crudes stood at $71.41 a barrel on Monday, compared with $71.61 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), …

PAO NOVATEK and RWE Supply & Trading GmbH (“RWE”) signed a Memorandum of Understanding (“MOU”) to mutually cooperate in the field of LNG supply and decarbonization. The MOU envisages the supply by NOVATEK to RWE of low-carbon ammonia and hydrogen to be produced at the Company’s planned project Obskiy GCC …

ConocoPhillips today announced several updates that highlight the company’s differentiated value proposition. This announcement follows the recent closing of the company’s acquisition of Shell’s Permian Basin properties on Dec. 1 for net cash of $8.6 billion. Today’s announcement reflects the addition of Shell’s Permian Basin properties, including the previously announced …

Vienna, Austria, 6 December 2021 – The price of OPEC basket of thirteen crudes stood at $71.61 a barrel on Friday, compared with $70.03 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), …

Gazprom Neft, Skolkovo Institute of Science and Technology and Research and Analytical Center for Rational Subsoil Use named after V.I.Shpilman in Khanty-Mansi Autonomous Okrug-Yugra signed an agreement on the creation of an engineering center for the development and commercialization of technologies for exploration and production of hard-to-recover hydrocarbons. The implementation of the …

RussNeft plans to produce 6,780 thousand tonnes of oil in 2022. This year, according to operational data, the production level will be 6,683 thousand tonnes of oil, which complies with the terms of the OPEC+ agreement. The Company’s business plan for 2022 envisages spending of 22.7 billion roubles of capital …