Rosneft: Only Russian Oil & Gas Company to Lead in the Field of Sustainable Development Within the the UN Global Compact LEAD Initiative
Rosneft became the only Russian oil and gas corporation to receive the status of a company – a leader in the field of sustainable development and was included in the Global Compact LEAD initiative for its unwavering commitment to the United Nations Global Compact and its Ten Principles of Responsible Business. The announcement …
OPEC Daily Basket Price: Tuesday, 21 September 2021, Stood at $73.68 a Barrel
Vienna, Austria, 22 September 2021 – The price of OPEC basket of thirteen crudes stood at $73.68 a barrel on Tuesday, compared with $73.47 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), …
First Modules Delivered for the Arctic LNG 2 Project
Arctic LNG 2 today announced that the first modules for LNG Train 1 were successfully delivered by the Project’s EPC contractor, a joint venture of Technip Energies, Saipem and NIPIGAS. The two first pipe-rack modules weighing approximately nine thousand tons each were shipped from the Zhoushan port in China to …
OPEC Daily Basket Price: Monday, 20 September 2021, Stood at $73.47 a Barrel
Vienna, Austria, 21 September 2021 – The price of OPEC basket of thirteen crudes stood at $73.47 a barrel on Monday, compared with $74.14 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), …
Caspian Sunrise: Interim Results for the Six Months Ended 30 June 2021
Financial highlights During the period Six months ended 30 June 2021 2020 $’m $’m Revenue 10.1 5.0 Gross Profit 7.7 2.4 Operating profit / (loss) 3.9 (0.9) Profit / (loss) before tax 3.4 (1.4) Total assets 124.9 121.9 Cash & cash equivalents 0.3 0.2 Inventories & other current assets 5.6 …
Shell Signs Agreement to Sell Permian Interest for $9.5 Billion to ConocoPhillips
Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Permian business to ConocoPhillips, a leading shales developer in the basin, for $9.5 billion in cash. The transaction will transfer all of Shell’s interest in the Permian to ConocoPhillips, subject to …
ConocoPhillips Announces Significant Enhancement to Multi-Year Plan with All-Cash Permian Asset Acquisition; Increases Ordinary Dividend; Improves 2030 Emissions Intensity Reduction Target
ConocoPhillips today announced several actions to further enhance its compelling, distinctive investment proposition. The actions are consistent with the company’s financial framework, its stated capital allocation priorities and its commitment to playing a valued role in the energy transition. Materials describing today’s actions are provided at www.conocophillips.com/investor. The actions include: …
LUKOIL Approves Technical Policy on Energy Efficiency and Reduction of Greenhouse Gas Emissions
PJSC LUKOIL adopted a revised technical policy on energy efficiency and reduction of greenhouse gas emissions. In compliance with the requirements of climate legislation, the policy will be applied at the Company’s enterprises in Russia. The technical policy aims at improvement of energy efficiency of all work processes on the …
OPEC Daily Basket Price: Friday, 17 September 2021, Stood at $74.14 a Barrel
Vienna, Austria, 20 September 2021 – The price of OPEC basket of thirteen crudes stood at $74.14 a barrel on Friday, compared with $74.17 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), …
Rosneft Improves ESG Indicators
Ensuring the sustainability of its production activities, Rosneft works continuously to minimise its impact on the environment in order to preserve it for the benefit of current and future generations. The Company is a member of the UN Global Compact, thus confirming its commitment to the highest principles of sustainable …