Oil & Gas Operators

EU Summit Instructs the European Commission to Study the Model of Price Formation in the Gas Market

The EU summit instructed the European Commission to study the model of price formation in the gas market. In addition, to explore options for helping consumers who are most affected by the rise in prices. “The participating countries and the European Commission are instructed to urgently prepare a package of measures …

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Oil & Gas Operators

Rosneft: Results of Field Season of Arctic Scientific Research

The first geological wells in history were drilled in the water area of ​​the Eastern Arctic during the research expedition of PJSC NK Rosneft. The work was carried out in the Laptev Sea, in the area of ​​the Kotelny and Novaya Zemlya islands. The purpose of the expedition was to take core …

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Oil & Gas Operators

Press Conference: Launch of 2021 Emissions Gap Report

Ahead of the 26th UN Climate Change Conference of the Parties (COP26) the UN Secretary-General, António Guterres, and the Executive Director of the UN Environment Programme (UNEP), Inger Andersen, will officially launch UNEP’s flagship Emissions Gap Report, during an online press briefing at 9:15am EST/4:15pm EAT/3:15pm CET on Tuesday, 26 October 2021.  …

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Oil & Gas Operators

The Corporate Newspaper of TATNEFT Topped the TOP-10 Industry Media of the Russian Fuel and Energy Sector

With reference to the corporate newspaper, reports were published that the TATNEFT Group was replenished with a new enterprise, TN-Transport LLC, a construction waste processing system was established at the TANECO Complex, and Tatneft was opening a School of Hospitality in Almetyevsk. Federal and republican media drew attention to the …

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Oil & Gas Operators

OPEC Daily Basket Price: Wednesday, 20 October 2021, Stood at $83.30 a Barrel

Vienna, Austria, 21 October 2021 – The price of OPEC basket of thirteen crudes stood at $83.30 a barrel on Wednesday, compared with $83.48 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

Igor Sechin Participates in Meeting with Prime Minister of India Narendra Modi and leaders of the Energy Industry

Rosneft Chief Executive Officer Igor Sechin took part in an online meeting of Indian Prime Minister Narendra Modi with the heads of world oil and gas companies. The event was also attended by Hardeep Puri, Minister of Petroleum and Natural Gas, Minister of Housing and Urban Affairs of India; Mohammad …

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Oil & Gas Operators

Gazprom Neft: We want to be at the Head of Changes and Development of the Oil and Gas Industry

Modern companies cannot remain successful without change. But where to look for innovations and how to successfully implement them? RB.ru spoke about the benefits of open innovation and the creation of a corporate accelerator for Gazprom Neft with Kirill Strizhnev, CEO of Gazpromneft – Technological Partnerships. – What challenges are currently facing …

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Oil & Gas Operators

NOV: Appoints Robert Welborn to the Board of Directors

NOV Inc. announced today that Robert Welborn has been appointed to the Company’s Board of Directors. Mr. Welborn is the Head of Programs Data Science, Small Business Group for Facebook, Inc. where he oversees the development of solutions used by over 140 million businesses around the world. Prior to joining …

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Oil & Gas Operators

Gazprom Neft: Develops New Areas of Cooperation with Contractors

Gazprom Neft discussed the prospects for joint development in the field of industrial safety and the formation of new elements of partnership with contractors that provide the company with services in the field of exploration and production. The company is creating a unified ecosystem that will ensure maximum integration of work …

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Oil & Gas Operators

Gazprom: Board of Directors Approves Revised Investment Program and Budget for 2021

The Gazprom Board of Directors endorsed the revised investment program and budget (financial plan) for 2021. As per the revised investment program for 2021, the overall amount of investments will stand at RUB 1,185.258 billion, which is RUB 282.845 billion more than was envisaged in the investment program approved in December 2020. Of that amount, RUB 1,024.929 billion (up by RUB 160.866 billion) is intended …

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