JMMC Reaffirms Commitment to Full Conformity
The 24th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Tuesday, 17 November 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation. The Committee reviewed the …
OPEC Daily Basket Price: Monday, 16 November 2020, Stood at $42.93 a Barrel
Vienna, Austria, 17 November 2020 – The price of OPEC basket of thirteen crudes stood at $42.93 a barrel on Monday, compared with $42.05 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), …
MOL: Get Top Sustainability Ranking
MOL has again qualified for inclusion in the Dow Jones Sustainability World Index (DJSI) in the Upstream & Integrated Oil & Gas category following the 2020 assessment process. This is the fifth consecutive year that MOL has been recognized for its corporate sustainability leadership and made it into the DJSI. …
OPEC Daily Basket Price: Friday, 13 November 2020, Stood at $42.05 a Barrel
Vienna, Austria, 16 November 2020 – The price of OPEC basket of thirteen crudes stood at $42.05 a barrel on Friday, compared with $42.97 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), …
Volga Gas: Receives All Cash Offer from GEM Capital Holdings
Summary and Highlights: The board of directors of GEM Capital Holdings (CY) Ltd is pleased to announce the terms of a cash offer to be made by GEM for the entire issued and to be issued ordinary share capital of Volga Gas plc. GEM is a private, limited liability, company …
Rosneft: Financial Results for III Quarterly and 9 Months. 2020 year
Financial performance Sales and income from associates and joint ventures In the III quarter. 2020 revenues and income from associates and joint ventures amounted to RUB 1,439 billion. ($ 20.1 billion). Increase in revenue in ruble terms relative to Q2 2020 (+ 38.5%) due to the recovery of world oil prices (+ 37.8%) amid …
RN-Stavropolneftegaz: Celebrates its 65th Anniversary
RN-Stavropolneftegaz, the production asset of Rosneft, celebrates 65 years since the start of production. The enterprise is developing subsoil in three districts of the Stavropol Territory: Neftekumsky urban district, Levokumsky and Budennovsky districts. Today the company is developing 32 oil and oil and gas condensate fields in 36 license areas. In total, …
LUKOIL: Supports Enviromental Project with Arctic Residents
The family-clan community “Nekutsya” in the Nenets Autonomous Okrug will clean up the nearby areas of the tundra, including the shores of the Barents Sea. For these purposes, a grant from the Competition for Social and Cultural Projects of PJSC LUKOIL has been used to purchase an environmentally friendly Yag-Mort all-terrain …
OPEC Daily Basket Price: Thursday, 12 November 2020, Stood at $42.97 a Barrel
Vienna, Austria, 13 November 2020 – The price of OPEC basket of thirteen crudes stood at $42.97 a barrel on Thursday, compared with $43.42 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), …
LUKOIL and Rostelecom Agree to Cooperate in Telecommunication Services
LUKOIL and Rostelecom have agreed to cooperate in the area of telecommunication services. The cooperation is based on the agreement of Rostelecom to buy a 50.1% share in LUKOIL-INFORM, a wholly-owned subsidiary of the Company which provides telecommunication and IT support services to Russian-based entities of the LUKOIL Group. The …