Caspian Sunrise PLC: Company’s First Horizontal Well is Successful
The Board of Caspian Sunrise is pleased to update the market with news of its latest well drilled on the MJF Structure at the BNG Contract Area. Background Well 154, which was spudded in April 2021, was drilled vertically to a depth of 2,298 meters and then horizontally for a further 250 meters …
OPEC Daily Basket Price: Monday, 26 July 2021, Stood at $72.68 a Barrel
Vienna, Austria, 27 July 2021 – The price of OPEC basket of thirteen crudes stood at $72.68 a barrel on Monday, compared with $73.03 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), …
OPEC Daily Basket Price: Friday, 23 July 2021, Stood at $73.03 a Barrel
Vienna, Austria, 26 July 2021 – The price of OPEC basket of thirteen crudes stood at $73.03 a barrel on Friday, compared with $72.09 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), …
OPEC Daily Basket Price: Thursday, 22 July 2021, Stood at $72.09 a Barrel
Vienna, Austria, 23 July 2021 – The price of OPEC basket of thirteen crudes stood at $72.09 a barrel on Thursday, compared with $69.93 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), …
OPEC Daily Basket Price Stood at $69.93 a Barrel Wednesday, 21 July 2021
Vienna, Austria, 22 July 2021 – The price of OPEC basket of thirteen crudes stood at $69.93 a barrel on Wednesday, compared with $70.50 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: Completed Dividend Payments for 2020
On July 14, 2021, Rosneft completed dividend payments for 2020 approved by the Annual General Shareholder Meeting (AGSM) of Rosneft Oil Company on June 1, 2021 Total dividend payment amounted to 73,535.05 million rubles. The dividends were paid to holders of 99.98% of Rosneft shares. At the same time, dividend …
19th OPEC and Non-OPEC Ministerial Meeting Concludes
The 19th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, concluded on Sunday 18 July 2021. The Meeting noted the ongoing strengthening of market fundamentals, with oil demand showing clear signs of improvement and OECD stocks falling, as the economic recovery continued in most parts of the world with …
OPEC Daily Basket Price: Thursday, 15 July 2021, Stood at $73.15 a Barrel
Vienna, Austria, 16 July 2021 – The price of OPEC basket of thirteen crudes stood at $73.15 a barrel on Thursday, compared with $75.29 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), …
OPEC Monthly Oil Market Report, July 2021
Crude Oil Price Movements: Crude oil spot prices rose firmly in June, extending previous monthly gains, driven by a rally in futures markets, as well as a strengthening global physical crude market, amid higher crude demand from refiners. The OPEC Reference Basket (ORB) increased for the second-consecutive month in June, …
NOVATEK Creates a Subsidiary to Develop Domestic LNG Fuel Market
The Board of Directors of PAO NOVATEK resolved to create a subsidiary called NOVATEK – LNG Fuel, which will construct small-scale LNG plants, facilitate LNG wholesale markets and develop a retail network for LNG as a motor fuel, as well as provide LNG as part of the autonomous gasification program …