OPEC Daily Basket Price: Wednesday, 3 March 2021, Stood at $62.15 a Barrel
Vienna, Austria, 4 March 2021 – The price of OPEC basket of thirteen crudes stood at $62.15 a barrel on Wednesday, compared with $61.97 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 Daily Basket Price: Tuesday, 2 March 2021, Stood at $61.97 a Barrel
Vienna, Austria, 3 March 2021 – The price of OPEC basket of thirteen crudes stood at $61.97 a barrel on Tuesday, compared with $64.24 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), …
Government Delegations of Russia and Iraq Meet in the Oil Pavilion at Moscow’s VDNKH
Russian and Iraqi officials met in Moscow to discuss current situation on world oil market and prospects for cooperation in this field. The meeting took place in a landmark location, the Oil Pavilion at Moscow’s VDNKh that had been reconstructed by LUKOIL. The meeting was attended by Deputy Prime Minister of the …
Rosneft: March 3 – World Wildlife Day
Today is World Wildlife Day, established by the UN General Assembly in 2013. This initiative aims to draw additional attention to the need to preserve and protect wild flora and fauna. Caring for the environment is an integral part of Rosneft’s corporate culture and activities. To achieve the best performance in this …
Bashneft Allocated 5.6 Billion Rubles to Environmental Projects in 2020
ANK Bashneft, which is part of NK Rosneft, in 2020 invested 5.6 billion rubles in environmental projects on the territory of its production activities. The main investments are aimed at implementing programs to improve the reliability of pipelines, safe disposal of industrial waste, increase the useful use of associated petroleum gas, …
OPEC Daily Basket Price, Monday, 1 March 2021 Stood at $64.24 a Barrel
Vienna, Austria, 2 March 2021 – The price of OPEC basket of thirteen crudes stood at $64.24 a barrel on Monday, compared with $64.37 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), …
PetroNeft: Completion of Fracking Program and Initial Results
PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to announce operational successes. Highlights Hydraulic fracture stimulation program of wells on both the Sibkrayevskoye and the Lineynoye fields successfully completed. Initial …
Tengizchevroil: Announces 2020 Year-End Results
Tengizchevroil LLP (TCO) announced today its business performance results for 2020. Throughout 2020, TCO maintained a high focus on health and safety to protect its people and the business. Despite the COVID-19 pandemic and challenging oil market conditions, production remained uninterrupted and strong safety and environmental performance was observed across …
OPEC Daily Basket Price, Thursday, 25 February 2021, Stood at $65.42 a Barrel
Vienna, Austria, 26 February 2021 – The price of OPEC basket of thirteen crudes stood at $65.42 a barrel on Thursday, compared with $64.00 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), …
PetroSibir: Year-End Report January – December 2020
2020 was a very difficult year. The entire world encountered unprecedented challenges, and the oil industry was one of those hit badly by the COVID crisis. Nevertheless, PetroSibir remained strong and quickly adapted to the new conditions. Efficient costs management combined with flexible Russian taxation of the oil industry helped …