PetroNeft: Conversion of Debt
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, announces that it has received notice to convert a total of $293,125 of debt, issued under 3 historic …
OPEC Daily Basket Price: Friday, 20 August 2021, Stood at $66.13 a Barrel
Vienna, Austria, 23 August 2021 – The price of OPEC basket of thirteen crudes stood at $66.13 a barrel on Friday, compared with $66.08 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 $66.08 a Barrel Thursday, 19 August 2021
Vienna, Austria, 20 August 2021 – The price of OPEC basket of thirteen crudes stood at $66.08 a barrel on Thursday, compared with $69.32 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), …
Nikolay Shulginov Held a Meeting with Nail Maganov, General Director of PJSC TATNEFT
Nikolay Shulginov, Minister of Energy of the Russian Federation, held a working meeting with Nail Maganov, General Director of PJSC TATNEFT. The Head of the Company presented to the Minister promising projects in the framework of developing the fuel and energy complex, enhanced oil recovery technologies, the potential for the …
Rosneft: Improves Support Mechanisms for Russian Producers
Rosneft has developed and placed on the electronic trading platform (ETP) a new information section that allows Russian manufacturers to take part in the Company’s localization and import substitution program and obtain the necessary information on the principles, approaches and priority areas of the program. The “ Import Substitution ” section on …
Rosneft: Expands the Geography of the Use of Unmanned Aerial Vehicles to Control the Level of Greenhouse Gases
Rosneft is expanding the geography of the use of unmanned aerial vehicles (UAVs) to control the level of greenhouse gases. Using a remote laser scanner and a high-resolution video camera installed on unmanned aerial vehicles, monitoring will be carried out at the facilities for the preparation and transportation of oil …
OPEC Daily Basket Price: Wednesday, 18 August 2021, Stood at $69.32 a Barrel
Vienna, Austria, 19 August 2021 – The price of OPEC basket of thirteen crudes stood at $69.32 a barrel on Wednesday, compared with $69.40 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: Delivers Net Profit of More than ₽217 Billion in H1 2021
Gazprom Neft (the сompany) today announces its consolidated IFRS financial results for the first six months (H1) and second quarter (Q2) of 2021. Revenue for the first six months of 2021 was RUB1,338 trillion — a 46.6% increase year-on-year. Adjusted EBITDA1 (earnings before interest, taxes, depreciation and amortization) was up 138.8%, to ₽434.6 billion, supported by higher domestic petroleum …
Orenburgneft: Cuts Water Consumption from Natural Sources
The Orenburgneft company, which is part of the oil and gas production complex of NK Rosneft, has reduced water intake from natural sources at the Lebyazhinskoye field by 28%. Thanks to the measures taken over 2.5 years to increase the level of reused water in the production process, the volume of …
Rosneft: Uses 3D Technologies to Train Employees
Specialists from the Tyumen Oil Research Center (Rosneft Research and Design Institute) have developed a program that allows a virtual tour of the Company’s Sorovskoye field. The main goal of the 3D tour is distance education for young specialists, familiarization of employees of corporate institutions with the specifics of the operation …