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 …
RN-Purneftegaz Celebrates 35 Years Since its Foundation
LLC RN-Purneftegaz (part of the oil and gas production complex of NK Rosneft) celebrates its 35th anniversary. The enterprise was established on July 14, 1986 to speed up the development of a group of new oil and gas fields in Yamal – Tarasovsky, Barsukovsky, Novopurpeysky. During its operation, the enterprise has …
OPEC Daily Basket Price: Wednesday, 14 July 2021, Stood at $75.29 a Barrel
Vienna, Austria, 15 July 2021 – The price of OPEC basket of thirteen crudes stood at $75.29 a barrel on Wednesday, compared with $75.13 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), …
NOVATEK’s Board of Directors Established a Subcommittee on Climate and Alternative Energy
The Board of Directors of PAO NOVATEK established a “Subcommittee on Climate and Alternative Energy” within the Board’s Strategy Committee comprised of Dominique Marion (Chairman), Arnaud Le Foll, Robert Castaigne, Tatiana Mitrova, Alexander Natalenko and Viktor Orlov. The Subcommittee will review various aspects of the Company’s business operations and develop …
NOVATEK Releases 2020 Sustainability Report
The Board of Directors of PAO NOVATEK approved NOVATEK’s 2020 Sustainability Report that provides insights into Company’s non-financial performance to help a wide range of stakeholders learn more about NOVATEK’s sustainable business principles and the Company’s environmental, social and governance performance. NOVATEK is honored to release its 14th Sustainability Report that …
The First Russian System of High-Speed Borehole Measurements is Being Created with the Support of the New Industry Foundation
The New Industry Ventures (a joint venture fund of Gazprom Neft, Gazprombank, RVC and VEB Ventures) has invested in the development of a universal telemetry platform to support the drilling of high-tech wells. The New Industry Venture Fund supported the implementation of a project by Axel, which specializes in the …
OPEC Daily Basket Price: Tuesday, 13 July 2021, Stood at $75.13 a Barrel
Vienna, Austria, 14 July 2021 – The price of OPEC basket of thirteen crudes stood at $75.13 a barrel on Tuesday, compared with $74.33 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: Monday, 12 July 2021, Stood at $74.33 a Barrel
Vienna, Austria, 13 July 2021 – The price of OPEC basket of thirteen crudes stood at $74.33 a barrel on Monday, compared with $74.18 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), …