OPEC Daily Basket Price: Tuesday, 6 April 2021, Stood at $61.33 a Barrel
Vienna, Austria, 7 April 2021 – The price of OPEC basket of thirteen crudes stood at $61.33 a barrel on Tuesday, compared with $61.70 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), …
Shell First Quarter 2021 Update
This is an update to the first quarter 2021 outlook provided in the fourth quarter results announcement on February 4, 2021. The impacts presented here may vary from the actual results and are subject to finalisation of the first quarter 2021 results. Unless otherwise indicated, presented impacts relate to Adjusted …
Gazprom Neft is Increasing Oil Supplies from the Chayandinskoye Field to the ESPO
Gazprom Neft launched a system for transporting oil from Gazprom’s Chayandinskoye field in Yakutia to the Eastern Siberia – Pacific Ocean trunk pipeline. Completion of construction of the field infrastructure will allow the company to deliver up to 1.5 million tons of oil annually to the ESPO. In the coming years, …
OPEC Daily Basket Price: Monday, 5 April 2021, Stood at $61.70 a Barrel
Vienna, Austria, 6 April 2021–The price of OPEC basket of thirteen crudes stood at $61.70 a barrel on Monday, compared with $61.77 the previous Thursday, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …
The “Birch Leaf” Project Won First Place at the All-Russian Competition “New Idea”
Rosneft’s unique project for the construction of the Birch Leaf well took first place in the All-Russian competition “New Idea-2020”. The project was implemented by specialists from Taas-Yuryakh Neftegazodobycha and Tyumen Oil Research Center. Comprehensive development of scientific and technological potential is one of the key elements of the Rosneft-2022 Strategy. The …
bp Provides Update on Progress Towards $35 Billion Net Debt Target
bp today provides an update on the expected timing of reaching its $35 billion net debt target including the delivery of disposal proceeds and performance during the first quarter of 2021. “We are pleased to announce that we now expect to have reached our $35 billion net debt target during the first …
Young Specialists of Rosneft Became Winners of the All-Russian Competition for the Best Scientific and Technical Development
26 young specialists of Rosneft subsidiaries became winners and prize-winners of the All-Russian competition “New Idea” for the best scientific and technical development among young people of enterprises and organizations of the fuel and energy complex. The competition is held annually with the support of the Ministry of Energy of the …
Rosneft has Begun Industrial Implementation of a Unique Software Package for Geological Modeling
The subsidiaries of PJSC NK Rosneft have begun pilot implementation of the first version of the RN-GEOSIM simulator intended for geological modeling and analysis of hydrocarbon deposits using three-dimensional models. The software product was developed by RN-BashNIPIneft specialists and approved for use by the expert and technical council of the State …
Interaction with PJSC Transneft
In connection with a large number of media inquiries on the interaction of PJSC NK Rosneft and PJSC Transneft on the issue of taking joint measures to exclude oil pollution in the process of its commodity preparation and settlement of a number of existing issues, the companies report the following: …
Tatneft: Figures Demonstrating Operation Results in March and for Three Months of 2021
Crude Oil Production Enterprises of the TATNEFT Group of Companies produced 2,253.5 thousand tonnes of crude oil in March, while the production volume from the beginning of the year amounted to 6,462.7 thousand tonnes, which was 870.7 thousand tonnes less than during the same period in 2020. PJSC TATNEFT’s production …