Oil & Gas Operators

Gazprom Neft has successfully tested the first Russian multifunctional geological exploration aerial complex. The drone performs several types of geophysical surveys at once, which were previously carried out exclusively with the help of aviation or ground equipment. Modern equipment allows to cut costs by 2 times in comparison with manned aircraft and …

Vienna, Austria, 7 July 2021 – The price of OPEC basket of thirteen crudes stood at $75.94 a barrel on Tuesday, compared with $75.71 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), …

Strong cash generation supports additional shareholder distributions in the second half of 2021  As a result of strong operational and financial delivery, combined with an improved macro-economic outlook, Shell will move to the next phase of its capital allocation framework and, subject to final Board approval, increase total shareholder distributions …

Vienna, Austria, 6 July 2021 – The price of OPEC basket of thirteen crudes stood at $75.71 a barrel on Monday, compared with $75.21 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), …

Vienna, Austria, 5 July 2021 – The price of OPEC basket of thirteen crudes stood at $75.18 a barrel on Friday, compared with $74.84 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), …

As the world continues to progress multiple energy transitions, the numerous top-down roadmaps on climate-related action require humanising, with more detail about their actual implementation, an influential voice on energy and sustainable development said. Speaking at the 54th edition of the GECF Gas Lecture Series, entitled ‘Humanising Energy’, HE Dr …

Vienna, Austria, 2 July 2021 – The price of OPEC basket of thirteen crudes stood at $74.84 a barrel on Thursday, compared with $73.60 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), …

Yamal LNG (“Yamal LNG” and/or the “Project”) announced the scheduled maintenance of the first LNG train with a shutdown for 19 days from 1 to 19 August 2021. The regular maintenance is carried out in accordance with the approved annual schedule and will not affect the planned LNG production volume …

Energy professionals identify lack of investment in infrastructure as the joint-highest risk their organizations face in relation to hydrogen – and a significant majority (78%) say repurposing existing infrastructure will be crucial to developing a large-scale hydrogen economy. DNV’s report Rising to the Challenge of a Hydrogen Economy draws on …

ConocoPhillips will host a market update today to reaffirm its commitment to the disciplined, returns-focused strategy it launched in 2016. The company will outline details of a compelling 2022-2031 operating and financial plan that reflects numerous transformational activities undertaken over the past 18 months, most notably the acquisition of Concho. …