Shell Presents Energy Transition Strategy Publication to Shareholders for Advisory Vote
Shell today issued its Energy Transition Strategy publication, which will be put to shareholders for an advisory vote at the company’s Annual General Meeting on May 18, 2021. This is the first time that an energy company has asked shareholders to vote on its energy transition strategy. “As we transform …
OPEC Daily Basket Price: Tuesday, 13 April 2021, Stood at $61.87 a Barrel
Vienna, Austria, 14 April 2021 – The price of OPEC basket of thirteen crudes stood at $61.87 a barrel on Tuesday, compared with $61.46 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, April 2021
Spot crude prices rose for the fifth-consecutive month in March on the back of continuing supportive oil market fundamentals. The OPEC Reference Basket (ORB) increased $3.51 or 5.7% m-o-m to average $64.56/b, the highest on monthly terms since January 2020. In the first three months of 2021, the ORB was …
RusGazBurenie: Completes First Hydraulic Fracturing Operation at the Kovyktinsky Gas Condensate Field
In 2021-2022, RusGazBurenie LLC will have to complete 375 hydraulic fracturing operations at the Kovyktin GKM with a total injection of more than 23,000 tons. The Kovyktinsky gas condensate field , opened in 1987, is the largest in the East of Russia in terms of gas reserves and is key …
Sakhalin Energy Is One of the First in Russia to Publish the 2020 Sustainable Development Report
Roman Dashkov, Chief Executive Officer noted in his opening address: “Sakhalin Energy has always strived for more, so it will strictly adhere to the principles of continuous improvement and sustainable development, considering them the key to the company’s long-term competitiveness”. The focus on continuous improvement provides the opportunity for Sakhalin …
VSNK Overfulfilled the Plan for Winter Deliveries to the Yurubcheno-Tokhomskoye Field
The East Siberian Oil and Gas Company, a subsidiary of Rosneft Oil Company, has summed up the results of the operation of temporary winter roads in the Evenki municipal district of the Krasnoyarsk Territory. During the winter road period from January to April 2021, the oil workers exceeded the plan for …
Uzbekistan GTL LLC Moves Closer to Completion
Uzbekistan GTL LLC issues an update on the current state of the construction of the largest complex for the production of synthetic liquid fuel in the region. Despite the impact of the Covid-19 pandemic in 2020 the project has now entered the final stages with the overall implementation of planned …
OPEC Daily Basket Price: Monday, 12 April 2021, Stood at $61.46 a Barrel
Vienna, Austria, 13 April 2021 – The price of OPEC basket of thirteen crudes stood at $61.46 a barrel on Monday, compared with $61.14 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), …
LUKOIL Determined the Best Scientific and Technical Development Among Youth in Western Siberia
LUKOIL-West Siberia (a 100% subsidiary of PJSC LUKOIL) has announced the results of the XXIII competition for the best scientific and technical development of young workers and young specialists. The first degree diploma and the main prize – a certificate for obtaining additional education on an individual program with the right …
Enter Engineering Announces 2020 Project Updates and 2021 Operations Guidance
Enter Engineering, one of the largest EPC contractors in Uzbekistan, announces updates on selected priority projects during 2020, and provides forward guidance on 2021 activity. Ulugbek Usmanov, General Director at Enter Engineering, said: “Enter Engineering is involved in a variety of projects central to Uzbekistan’s growth and development. From the …