Rosneft: Operating Results for 2Q and 1H 2020
1H 2020 LIQUIDS PRODUCTION AMOUNTED TO 4.34 MMBPD UNDER NEW OPEC+ AGREEMENT 1H 2020 GAS PRODUCTION CONSTITUED 31.8 BCM PROGRESS IN THE DEVELOPMENT OF THE KEY PRODUCTION ASSETS WITH EMPHASIS ON THE NEW TECHNOLOGIES IMPLEMENTATION 1H 2020 REFINING THROUGHPUT AT THE COMPANY’S REFINERIES INCREASED TO 52.7 MMT 2Q 2020 REFINING …
OPEC Daily Basket Price: Wednesday, 19 August 2020, Stood at $45.19 a Barrel
Vienna, Austria, 20 August 2020–The price of OPEC basket of thirteen crudes stood at $45.19 a barrel on Wednesday, compared with $45.49 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), Girassol (Angola), Djeno (Congo), …
Turan Drilling & Engineering to Manage BP Procurement Activity in Azerbaijan
Turan Drilling & Engineering Company LLC (A KCA Deutag and SOCAR AQS Company), today announces that it has been awarded a contract amendment to manage procurement, maintenance and warehousing activities on behalf of BP Exploration (Caspian Sea) Limited (“BP”). The agreement, effective 15 June 2020, means Turan Drilling & Engineering …
OPEC Daily Basket Price: Tuesday, 18 August 2020, Stood at $45.49 a Barrel
Vienna, Austria, 19 August 2020–The price of OPEC basket of thirteen crudes stood at $45.49 a barrel on Tuesday, compared with $44.94 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), …
LUKOIL and Tomsk University to Clean up Soviet-Era Water Contaminations in Komi
LUKOIL and Tomsk State University (TSU) concluded a joint agreement to clean up bottom sediments in the water bodies of the Yareganeft area in the Republic of Komi. These sediments had been accumulating since the 1960s, long before LUKOIL acquired assets in the region in 2001. LUKOIL has already successfully …
OPEC Daily Basket Price: Friday, 14 August 2020, Stood at $44.62 a Barrel
Vienna, Austria, 17 August 2020–The price of OPEC basket of thirteen crudes stood at $44.62 a barrel on Friday, compared with $45.34 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), …
Gazprom Neft and the Government of the Khanty-Mansi Autonomous Okrug have Agreed on the Joint Development of Unmanned Vehicles in Yugra
Gazprom Neft and the Government of the Khanty-Mansiysk Autonomous Okrug – Ugra signed an agreement on cooperation in the use of unmanned vehicles, unmanned aerial vehicles and the use of software and hardware systems based on artificial intelligence. The document was signed by Alexander Dyukov, Chairman of the Gazprom Neft …
OPEC Daily Basket Price: Thursday, 13 August 2020, Stood at $45.34 a Barrel
Vienna, Austria, 14 August 2020–The price of OPEC basket of thirteen crudes stood at $45.34 a barrel on Thursday, compared with $45.08 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), …
Gazprom Neft Expands the Orenburg Oil Production Cluster
Gazprom Neft has discovered a new field in the west of the Orenburg Region. The asset will become part of the western oil production cluster of the company’s subsidiary, Gazpromneft-Orenburg, with a total resource base of about 30 million tons of oil. The development of the field is scheduled to begin in …
Volga Gas: Reducing CAPEX Spending, Slim Hole Drilling Program Offsets Production Decline
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 2020 development and exploration drilling activities and to provide information on plans for the remainder of the year. Drilling activities in the …