Oil & Gas Operators

Gazprom Neft and NOVATEK set up a joint venture to develop the Severo-Vrangelovsky license area. The corresponding agreement was signed at the St. Petersburg International Economic Forum by Alexander Dyukov, Chairman of the Gazprom Neft Management Committee, and Leonid Mikhelson, Chairman of NOVATEK’s Management Committee. The decision was the result of …

Vienna, Austria, 4 June 2021 – The price of OPEC basket of thirteen crudes stood at $69.89 a barrel on Thursday, compared with $69.37 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), …

PJSC Tatneft published on its web-site (www.tatneft.ru) the unaudited consolidated interim condensed financial statements for the three months ended 31 March 2021 (the “Financial Statements”) prepared in accordance with International Financial Reporting Standards (“IFRS”) and the related Management’s Discussion and Analysis of Financial Condition and Results of Operations (the “MD&A”). …

As part of the XXIV St. Petersburg International Economic Forum, OOO Vostok Oil (a Rosneft Group Subsidiary) and OOO Inter RAO Engineering (an Inter RAO Group Company) concluded survey and design contracts to underpin construction of Train 1 power generation facilities for the Vostok OIl Project. Inter RAO Engineering is …

Gazprom Neft and Shell have signed a Memorandum of Understanding setting out a framework for further cooperation in hydrocarbon exploration and production, technological collaboration and carbon footprint reduction. The MoU was signed on the sidelines of the St. Petersburg International Economic Forum in the presence of Vadim Yakovlev, Gazprom Neft, Deputy Chairman of the Management Board, and Cederic Cremers, …

Sergey Kochkurov, Vice President for Oil and Gas Production in Russia of PJSC LUKOIL, and Dmitry Lelikov, Deputy CEO of Rostec State Corporation, met today at the St. Petersburg International Economic Forum. They defined the development strategy for their joint activities envisioned by the current Cooperation Agreement. The parties plan to launch …

By the end of the 3rd wave of the pandemic in Central and Eastern Europe,MOL Group implemented extensive preventive measures and invested more than USD 20 mn (HUF 6.1 billion) protecting employees and customers against Covid-19. MOL have provided more than 8,000,000 masks, 14,000,000 gloves, 170,000 litres of disinfectant and …

Gazprom Neft entered into an agreement on cooperation in research and educational activities with the Talent and Success Foundation. The document was signed by Alexander Dyukov, Chairman of the Gazprom Neft Management Committee, and Elena Shmeleva, Head of the Talent and Success Foundation, during the St. Petersburg International Economic Forum. …

Today at the St. Petersburg International Economic Forum President of PJSC LUKOIL Vagit Alekperov and Chairman and CEO of energy technology company Baker Hughes Lorenzo Simonelli have signed a Memorandum on Cooperation. This memorandum provides for the merging of the parties’ efforts, technologies and experience in the production and supply of …

Rosneft shareholders approved the dividends at 73.55 bln rubles for 2020, which is 50 % of the Company’s IFRS net profit attributable to Rosneft Oil Company shareholders. The Annual General Shareholder meeting was held on June 1, 2021. The owners of 91.4% of Rosneft shares took part in the meeting. …