Oil & Gas Operators

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 …

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Oil & Gas Operators

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), …

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Oil & Gas Operators

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 …

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Oil & Gas Operators

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), …

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Oil & Gas Operators

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 …

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Oil & Gas Operators

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 …

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Oil & Gas Operators

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: …

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Oil & Gas Operators

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 …

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Oil & Gas Operators

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), …

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Oil & Gas Operators

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 …

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