OPEC Daily Basket Price: Monday, 31 May 2021, Stood at $68.53 a Barrel
Vienna, Austria, 1 June 2021 – The price of OPEC basket of thirteen crudes stood at $68.53 a barrel on Monday, compared with $68.20 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), …
Shell Kazakhstan Announces New Country Chair
Shell Kazakhstan informs that German Burmeister, currently Shell Vice-President in Brazil, will take over as the Country Chair of Shell Kazakhstan effective from 1st August 2021, replacing Olivier Lazare who has been appointed as Managing Director of North Caspian Operating Company N.V. German Burmeister brings over 30 years of oil …
RN-Purneftegaz Uses Unmanned Aerial Vehicles to Monitor the Level of Greenhouse Gases
The RN-Purneftegaz company, which is part of the oil and gas production complex of NK Rosneft, began using unmanned aerial vehicles (UAVs) to control the level of greenhouse gases at the facilities for the preparation, processing, and transportation of oil and gas. The monitoring is carried out using a remote laser …
OPEC Daily Basket Price Stood at $68.20 a Barrel Friday, 28 May 2021
Vienna, Austria, 31 May 2021 – The price of OPEC basket of thirteen crudes stood at $68.20 a barrel on Friday, compared with $67.32 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), …
Total is Transforming and Becoming TotalEnergies
At the Ordinary and Extraordinary Shareholders’ Meeting, shareholders approved today, almost unanimously, the resolution to change the company’s name from Total to TotalEnergies, thereby anchoring its strategic transformation into a broad energy company in its identity. In tandem with this name change, TotalEnergies is adopting a new visual identity. “Energy …
Wintershall Dea: Transfers Wolgodeminoil Stake to Ritek
Wolgodeminoil, the joint venture between Wintershall Dea and RITEK, a subsidiary of the Russian oil and gas producer LUKOIL, is to become wholly owned by RITEK. On 27 May 2021, Wintershall Dea transferred its 50 per cent stake to its long-standing partner in southern Russia by mutual agreement. The transfer has …
Gazprom’s Financial Information Under International Financial Reporting Standards (IFRS) for the Three Months Ended March 31, 2021
Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the three months ended March 31, 2021. The table below presents the unaudited consolidated interim condensed statement of comprehensive income for the three months ended March 31, 2021 and …
OPEC Daily Basket Price: Thursday, 27 May 2021, Stood at $67.32 a Barrel
Vienna, Austria, 28 May 2021 – The price of OPEC basket of thirteen crudes stood at $67.32 a barrel on Thursday, compared with $67.47 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), …
LUKOIL and Rostechnadzor Conclude Cooperation Agreement
Alexander Trembitsky, Chairman of the Federal Environmental, Industrial and Nuclear Supervision Service of Russia (Rostechnadzor), and Vagit Alekperov, President of LUKOIL, met today at Rostechnadzor’s headquarters and signed a framework Cooperation Agreement. The document defines main cooperation domains, such as development of data exchange via modern information systems, organizing of …
Shell Response to Climate Case Verdict
“Urgent action is needed on climate change which is why we have accelerated our efforts to become a net-zero emissions energy company by 2050, in step with society, with short-term targets to track our progress.” “We are investing billions of dollars in low-carbon energy, including electric vehicle charging, hydrogen, renewables and biofuels. …