Oil & Gas Operators

Vienna, Austria, 26 August 2020–The price of OPEC basket of thirteen crudes stood at $45.87 a barrel on Tuesday, compared with $45.19 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), …

A regular meeting of the Board of Directors of PJSC TATNEFT named after V.D. Shashin chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Kazan on August 25, 2020. There were the results of executing Company’s budget for seven months of 2020 considered and the Company’s …

The Board of Directors of PAO NOVATEK discussed the Company’s financial and operational results for the First Half 2020 and decided to convene an Extraordinary General Meeting of Shareholders (“EGM”) on 30 September 2020 in the form of absentee voting, with the following agenda: 1. On the payment of interim …

The Board of Directors of PAO NOVATEK discussed the progress implementing the Company’s Corporate Strategy and approved environmental targets for the period up to 2030, including atmospheric emissions reduction, associated petroleum gas utilization and waste disposal. The full list of the Company’s environmental targets is available at http://www.novatek.ru/en/development/. The Company’s …

Vienna, Austria, 25 August 2020–The price of OPEC basket of thirteen crudes stood at $45.19 a barrel on Monday, compared with $44.92 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), …

Vienna, Austria, 24 August 2020–The price of OPEC basket of thirteen crudes stood at $44.92 a barrel on Friday, compared with $45.05 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), …

Caspian Sunrise, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce the Appointment of Aibek Oraziman to the board of the Company with immediate effect. A list of Mr. Oraziman’s current directorships together with those held within the last five years is set out below: …

Lundin Energy AB is pleased to announce the appointment of Daniel Fitzgerald as Chief Operating Officer (COO) of Lundin Energy, effective 1 January 2021. Daniel Fitzgerald is currently COO of International Petroleum Corporation (IPC) having previously held senior management and operational leadership positions with Lundin Petroleum AB. Following the spin …

Financial sustainability and continuity of all production processes maintained in the face of the negative macroeconomic situation, further complicated by the COVID-19 pandemic; Adjusted EBITDA stands at RUB182 billion for H1 2020; H1 2020 net profit attributable to shareholders stands at RUB8 billion; and Q2 2020 net profit reached RUB22 billion, against a loss in Q1 2020. Gazprom Neft (the “Company”) today announces its consolidated IFRS financial results …

The 21st Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday 19 August 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Minister of Energy of the Russian Federation. The Committee reviewed the …