Oil & Gas Operators

ConocoPhillips Reports First-Quarter 2021 Results; Declares Quarterly Dividend; Announces Debt-Reduction Plan and Intention to Begin Sales of Cenovus Shares with Proceeds to Fund Incremental Buybacks; Schedules Midyear Market Update

ConocoPhillips today reported first-quarter 2021 earnings of $1.0 billion, or $0.75 per share, compared with a first-quarter 2020 loss of $1.7 billion, or ($1.60) per share. Excluding special items, first-quarter 2021 adjusted earnings were $0.9 billion, or $0.69 per share, compared with first-quarter 2020 adjusted earnings of $0.5 billion, or …

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Oil & Gas Operators

TATNEFT: Figures Demonstrating Operation Results in April and Four Months of 2021

Crude Oil Production Enterprises of the TATNEFT Group of Companies produced 2,231.1 thousand tonnes of crude oil in April 2020 with the production volume from the beginning of the year amounting to 8,693.8 thousand tonnes, which was 580.6 thousand tonnes less than during the same period in 2020. PJSC TATNEFT’s …

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Oil & Gas Operators

OPEC Daily Basket Price: Monday, 3 May 2021, Stood at $65.09 a Barrel

Vienna, Austria, 4 May 2021 – The price of OPEC basket of thirteen crudes stood at $65.09 a barrel on Monday, compared with $65.42 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), …

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Oil & Gas Operators

Severneftegazprom: Five Billion Cubic Metres Turonian Gas Produced

Severneftegazprom, a joint venture of Wintershall Dea, Gazprom, and OMV, is successfully advancing the development of the hard-to-recover Turonian deposits of the Yuzhno-Russkoye oil, gas and condensate field in Western Siberia. In April 2021, the company reached an important milestone: five billion cubic metres of Turonian gas produced since the …

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Oil & Gas Operators

Rosneft Opens a Unique School of Geosteering

Rosneft has opened the world’s first Geosteering School designed to train highly qualified specialists in the field of drilling support. The school was opened on the basis of the corporate Center for Geological Drilling Support (TsGSBS). The curriculum includes more than 10 specialized courses. Comprehensive development of scientific and technological potential …

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Oil & Gas Operators

Bashneft Reduced the Load on the Atmospheric Air by 8%

ANK Bashneft, which is part of NK Rosneft, has reduced the total load on the atmospheric air by 8% in 2020. This result was achieved thanks to the implementation of environmental projects and production modernization programs. Preserving the environment for future generations is an integral part of Rosneft’s corporate culture and …

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Oil & Gas Operators

RN-Yuganskneftegaz Produces 2.5 Billion tons of Oil

Since the beginning of field development in 1964, the oil workers of RN-Yuganskneftegaz have produced 2.5 billion tons of oil. This is 20% of all oil produced in the Khanty-Mansi Autonomous Okrug-Yugra. This volume can be compared to a train of 36 million wagons that wrapped the globe more than 10 times. …

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Oil & Gas Operators

OPEC Daily Basket Price: Thursday, 29 April 2021, Stood at $65.71 a bBarrel

ienna, Austria, 30 April 2021 – The price of OPEC basket of thirteen crudes stood at $65.71 a barrel on Thursday, compared with $64.53 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), …

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Oil & Gas Operators

Gazprom’s Financial Statements Under International Financial Reporting Standards (IFRS) for 2020

Today PJSC Gazprom issued its audited consolidated financial statements prepared in accordance with International Financial Reporting Standards for the year ended December 31, 2020. The table below presents the main items of the consolidated statement of comprehensive income prepared in accordance with IFRS for the years ended December 31, 2020 and December 31, 2019. All …

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Oil & Gas Operators

Eni: First Quarter 2021 Results

Eni’s Top Management will present the 2021 First Quarter Results. The Conference Call Webcast will be held on Friday 30 April at 14:00 CEST.  The presentation, including the Q&A session, will last about one hour. You can listen to the Conference Call  by dialling-in by phone: for Italy dial +39 02 8058811, for UK + 44 1 …

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