TATNEFT: Holds Regular Meeting of the Board of Directors
Kazan hosted a meeting of the Board of Directors of PJSC TATNEFT n.a. V.D. Shashin chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, on October 28, 2020. The results of the of PJSC TATNEFT’s budget execution for nine months of the current year were considered at the meeting, …
NOVATEK: Announces Consolidated IFRS Results for the Third Quarter and the Nine Months 2020
PAO NOVATEK today released its consolidated interim condensed financial statements as of and for the three and nine months ended 30 September 2020 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial Highlights (in millions of Russian roubles except as stated) 3Q 2020 3Q 2019 9M 2020 …
OPEC Daily Basket Price: Tuesday, 27 October 2020, Stood at $39.53 a Barrel
Vienna, Austria, 28 October 2020 – The price of OPEC basket of thirteen crudes stood at $39.53 a barrel on Tuesday, compared with $39.22 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), …
Gazprom Neft: Introduces Aerial Scanning of Forests to Monitor Safety at Fields
Gazprom Neft carried out aerial laser scanning of 120 hectares of forest tracts at oil fields in the Orenburg Region and Yamal-Nenets Autonomous Okrug, on the basis of which it compiled digital terrain models. With the help of these models, eco-safe routes for the movement of special equipment in hard-to-reach areas …
OPEC Daily Basket Price: Monday, 26 October 2020, Stood at $39.22 a Barrel
Vienna, Austria, 27 October 2020–The price of OPEC basket of thirteen crudes stood at $39.22 a barrel on Monday, compared with $41.05 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), Girassol (Angola), Djeno (Congo), …
The First Domestic Dispersant for the Arctic Sea was Developed with the Support of Gazprom Neft
Gazprom Neft, together with specialists from the MIPT Engineering Center, has developed a dispersant formulation for oil spill response in ice conditions. It was created taking into account the climatic features of the Arctic seas. Today it is the only Russian reagent for oil spill response at low temperatures. Laboratory tests have shown …
National Oilwell Varco: Reports Third Quarter 2020 Results
National Oilwell Varco, Inc. today reported third quarter 2020 revenues of $1.38 billion, a decrease of seven percent compared to the second quarter of 2020 and a decrease of 35 percent compared to the third quarter of 2019. Net loss for the third quarter of 2020 improved $38 million sequentially …
BP: 3Q 2020 Results and Webcast Reminder
‘Having set out our new strategy in detail, our priority is execution and, despite a challenging environment, we are doing just that – performing while transforming. Major projects are coming online, our consumer-facing businesses are really delivering and we remain firmly focused on cost and capital discipline. Importantly, net debt …
LUKOIL-Technologies: To Create Virtual Workplaces
LUKOIL-Technologies (a 100% subsidiary of PJSC LUKOIL), acting as an integrator of information solutions for LUKOIL Group organizations, has started designing a new system of virtual workplaces. A single service will allow users to access corporate resources and personal desktop from any type of portable device. At the same time, the integrity …
Leading Energy Companies Form Partnership to Accelerate the Development of Offshore Transport and Storage Infrastructure for Carbon Emissions in UK North Sea
bp, Eni, Equinor, National Grid, Shell and Total today confirmed they have formed a new partnership, the Northern Endurance Partnership (NEP), to develop offshore carbon dioxide (CO2) transport and storage infrastructure in the UK North Sea, with bp as operator. This infrastructure will serve the proposed Net Zero Teesside (NZT) …