Oil & Gas Operators

Eni: Joins Ocean Energy Europe, the Leading European Organisation in the Sector

Eni joins, as lead partner, Ocean Energy Europe (OEE) and the Board of Directors of the organisation, the largest European network for the development of ocean energies. In this position, the company will collaborate to chart the strategic course of OEE, for the promotion of a policy framework in support …

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Oil & Gas Operators

TATNEFT: Figures Demonstrating Operation Results in October and for Ten Months of 2020

Crude Oil Production Enterprises of the TATNEFT Group of Companies produced 2,177 thousand tonnes of crude oil in October with the production volume from the beginning of the year amounting to 21,725.8 thousand tonnes, which was 3,126 thousand tonnes less than during the same period in 2019. PJSC TATNEFT’s production …

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Oil & Gas Operators

OPEC Daily Basket Price: Monday, 2 November 2020 Stood at $35.89 a Barrel

Vienna, Austria, 3 November 2020–The price of OPEC basket of thirteen crudes stood at $35.89 a barrel on Monday, compared with $36.50 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), Girassol (Angola), Djeno (Congo), …

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Oil & Gas Operators

Iraq’s Prime Minister and LUKOIL Head Discussed Prospects of Cooperation

Today in Baghdad, Prime Minister of the Republic of Iraq Mustafa Al-Kazimi, in the presence of Iraqi Oil Minister Ihsan Abdel-Jabbar Ismail, received a delegation of PJSC LUKOIL headed by the President of the Company Vagit Alekperov. The meeting was also attended by the Ambassador Extraordinary and Plenipotentiary of the Russian …

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Oil & Gas Operators

RussNeft: Resumes Production Drilling at Variogan Oil Block

PJSC “RussNeft” resumes production drilling at Variogan oil block. By the end of 2020 the company plans to put into operation 5 oil wells at Achimov deposits of Tagrinskoye field and 4 wells are after side-tracking. Production drilling at Variogan oil block was suspended in connection with production restrictions under …

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Oil & Gas Operators

NOVATEK: Changes Composition of the Management Board

The Board of Directors of PAO NOVATEK has approved the decision to change the composition of the Company’s Management Board. The Board terminated the membership of the First Deputy Chairman of the Management Board Alexander M. Fridman and appointed Evgeniy N. Ambrosov, Deputy Chairman of the Management Board – Director …

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Oil & Gas Operators

Gazprom Neft: Joins the UN Global Sustainable Development Initiative

Gazprom Neft has become a party to the UN Global Compact, the largest international initiative in the field of sustainable development and corporate social responsibility. The company confirms its intention to integrate the 10 Global Compact principles on human rights, labor relations, environmental protection and anti-corruption into the business strategy, decision-making …

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Oil & Gas Operators

OPEC Daily Basket Price Stood at $37.12 a Barrel Thursday, 29 October 2020

Vienna, Austria, 30 October 2020 – The price of OPEC basket of thirteen crudes stood at $37.12 a barrel on Thursday, compared with $38.42 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), …

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Oil & Gas Operators

PetroNeft: Interim Results for the Half Year Ended 30 June 2020

PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, is please to report its final results for the six months ended ended 30 June 2020. Highlights Gross production from Licence 61 in H1 2020 1,566 bopd (783 bopd net to PetroNeft) Completed construction …

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Oil & Gas Operators

ConocoPhillips: Reports Third-Quarter 2020 Results and Operational Results

ConocoPhillips today reported a third-quarter 2020 loss of $0.5 billion, or ($0.42) per share, compared with third-quarter 2019 earnings of $3.1 billion, or $2.74 per share. Excluding special items, third-quarter 2020 adjusted earnings were a loss of $0.3 billion, or ($0.31) per share, compared with third-quarter 2019 adjusted earnings of …

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