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 …
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 …