Oil & Gas Operators

OPEC Daily Basket Price: Friday, 4 September 2020, Stood at $43.42 a Barrel

Vienna, Austria, 7 September 2020–The price of OPEC basket of thirteen crudes stood at $43.42 a barrel on Friday, compared with $43.36 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), Girassol (Angola), Djeno (Congo), …

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Oil & Gas Operators

OPEC Daily Basket Price: Thursday, 3 September 2020, Stood at $43.36 a Barrel

Vienna, Austria, 4 September 2020–The price of OPEC basket of thirteen crudes stood at $43.36 a barrel on Thursday, compared with $45.03 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), Girassol (Angola), Djeno (Congo), …

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Oil & Gas Operators

OPEC’s Anniversary Celebrations Postponed

The celebrations of OPEC’s 60th Anniversary, which were originally scheduled this month in Baghdad where the Organization was founded, have been postponed. HE Ihsan Abdul Jabbar Ismaael, Iraq’s Oil Minister and Head of its Delegation to OPEC, said in a letter to HE Mohammad Sanusi Barkindo, OPEC Secretary General, that it …

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Oil & Gas Operators

OPEC Daily Basket Price: Wednesday, 2 September 2020, Stood at $45.03 a Barrel

Vienna, Austria, 3 September 2020–The price of OPEC basket of thirteen crudes stood at $45.03 a barrel on Wednesday, compared with $45.30 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), Girassol (Angola), Djeno (Congo), …

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Oil & Gas Operators

LUKOIL Board of Directors Recaps 2020 Mid-Year Performance

At today’s meeting of LUKOIL Board of Directors in Moscow the members of the Board reviewed the Company’s performance in the first half of 2020, budget execution and progress on the investment plan. The Directors noted that amid the COVID-19 pandemic and a slump in hydrocarbon demand and prices the …

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Oil & Gas Operators

Gazprom’s Financial Information Under International Financial Reporting Standards (IFRS) for the Six Months Ending June 30, 2020

Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the six months ended June 30, 2020. The table below presents the unaudited consolidated interim condensed statement of comprehensive income for the six months ended June 30, 2020 and …

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Oil & Gas Operators

PJSC RussNeft Expands Control Over the Quality of Oil Products

Thus, the chemical and analytical laboratory of the subsidiary “Varioganneft” has expanded the range of measurements performed, as well as improved the accuracy and speed of research, thanks to the equipment re-equipment program, which was launched several years ago. The newest equipment makes it possible to determine various indicators of …

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Oil & Gas Operators

Volga Gas: Production Up 20.3% In August As Plant Capacity Utilisation Increased

Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following update on its average production volumes for August 2020. Production Report The average production in August 2020 was 4,317 barrels of oil equivalent per day (20.3% higher than July 2020). This increase was driven by …

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Oil & Gas Operators

OPEC Daily Basket Price: Tuesday, 1 September 2020, Stood at $45.30 a Barrel

Vienna, Austria, 2 September 2020–The price of OPEC basket of thirteen crudes stood at $45.30 a barrel on Tuesday, compared with $46.27 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), Girassol (Angola), Djeno (Congo), …

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Oil & Gas Operators

OPEC Daily Basket Price: Monday, 31 August 2020, Stood at $46.27 a Barrel

Vienna, Austria, 1 September 2020–The price of OPEC basket of thirteen crudes stood at $46.27 a barrel on Monday, compared with $45.33 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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