Oil & Gas Operators

OPEC’s World Oil Outlook to be Launched on 8 October 2020

The 2020 OPEC World Oil Outlook (WOO) will be launched via videoconference in Vienna, Austria, on Thursday, 8 October 2020 at 14:00 (CEST). OPEC’s Secretary General, HE Mohammad Sanusi Barkindo, will present the major findings of the WOO 2020, as well as introduce a video with key messages from the publication’s …

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Oil & Gas Operators

PertoNeft: 2019 Final Results

PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, is please to report its final results for the year ended 31st December 2019. Highlights  Heads Significant technical, operational and financial progress in 2019 driven by new leadership team and stronger local input. Gross …

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Oil & Gas Operators

Debt Service Guarantees on Yamal LNG Removed from NOVATEK

PAO NOVATEK today announced that after fulfilling all the conditions stipulated by the Project’s external bank financing, the debt service guarantees of Yamal LNG were formally removed from NOVATEK. “We have reached another significant milestone on Yamal LNG with the removal of the guarantees relating to the project’s financing.” noted …

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Oil & Gas Operators

OPEC Daily Basket Price: Wednesday, 23 September 2020, Stood at $41.40 a Barrel

Vienna, Austria, 24 September 2020 – The price of OPEC basket of thirteen crudes stood at $41.40 a barrel on Wednesday, compared with $41.32 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

Rosneft’s Corporate Scientific and Project Complex Celebrates its 15th Anniversary

The Corporate Scientific and Project Complex of the Company (CSRC) celebrates 15 years since its foundation. Today CSRC Rosneft is the largest oil and gas research center in Europe, which includes 29 design and research institutes, as well as 44 centers of excellence with a total of over 17,000 employees. …

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Oil & Gas Operators

Rosneft has Opened an Interactive Scientific and Technological Exposition

Rosneft has opened a scientific and technological exposition timed to coincide with the 15th anniversary of the Corporate Scientific and Project Complex (CSRC) of the Company. The exhibition was opened on the territory of the Rosneft Scientific Institute of the Research and Development Center LLC in Moscow. The scientific and technological …

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Oil & Gas Operators

OPEC Daily Basket Price: Tuesday, 22 September 2020, Stood at $41.32 a Barrel

Vienna, Austria, 23 September 2020 – The price of OPEC basket of thirteen crudes stood at $41.32 a barrel on Tuesday, compared with $41.49 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

OPEC Holds Energy and Information Technology Workshop

The OPEC Secretariat held its second Workshop on Energy and Information Technology on 21 September 2020, featuring lively discussions on the latest developments in areas including blue hydrogen and trends in digitalization. More than 200 participants representing OPEC Member Countries, industry, government and research institutions participated in the Workshop. The …

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Oil & Gas Operators

Rosneft Introduces Innovative Seismic Technology

Specialists of LLC RN-KrasnoyarskNIPIneft (part of the corporate research and design complex of Rosneft) have developed a technology for processing 3D seismic data, which opens up new opportunities for developing hard-to-recover hydrocarbon reserves. The technology successfully justifies itself where standard seismic approaches are ineffective. The innovation helps to reliably investigate fields with …

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Oil & Gas Operators

Rosneft and CNPC Held a Meeting of the Joint Coordinating Committee

Rosneft and China National Petroleum Corporation (CNPC) held the third meeting of the Joint Coordinating Committee via videoconference. The agreement on the establishment of the Joint Coordinating Committee of Rosneft and CNPC was signed on May 15, 2017 during the official visit of Russian President Vladimir Putin to China. The committee …

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