Oil & Gas Operators

Gazprom Neft has begun its full-scale development of a major hydrocarbon cluster (with total potential resources estimated at 650 million tonnes of oil) covering license blocks in the Khanty-Mansi Autonomous Okrug and the Tyumen Oblast. One million tonnes of liquid hydrocarbons have been produced at the flagship asset on this project — the Alexander Zhagrin field, Yugra — in its first …

Messoyakhaneftegaz, a Gazprom Neft—Rosneft joint venture, has commissioned an underground gas storage facility at its Messoyakhsky license block. This is the first time in Russia’s domestic oil industry that associated petroleum gas (APG) at one field has been utilised at undeveloped gas-bearing strata at another. Implementing this unique project will allow Messoyakhaneftegaz to address its target of taking APG utilisation …

Francesco Gattei has taken up the role of Chief Financial Officer at Eni. Gattei is tasked with supporting the CEO in developing and implementing Eni’s economic and financial strategy during this important phase of accelerating the Company’s decarbonization plan. Francesco Gattei’s biography is available on Eni’s website via the following …

Vienna, Austria, 3 August 2020–The price of OPEC basket of thirteen crudes stood at $43.02 a barrel on Friday, compared with $42.99 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), …

Karachaganak Petroleum Operating B.V. (KPO) announced its performance results for the first half-year period. Over this period KPO produced more than 75 million barrels of oil equivalent of stable and unstable liquid hydrocarbons, export raw gas and sweet fuel gas. Moreover, 5 billion cubic metres of raw gas was re-injected …

Vienna, Austria, 27 July 2020–The price of OPEC basket of thirteen crudes stood at $43.38 a barrel on Friday, compared with $44.62 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), …

RN-Vankor, which is part of the oil and gas production complex of NK Rosneft, has discovered a new field on the border of the Krasnoyarsk Territory and the Yamalo-Nenets Autonomous District. The recoverable reserves of the Novoognennoye field have been put on the state balance sheet and amount to over …

Vienna, Austria, 24 July 2020–The price of OPEC basket of thirteen crudes stood at $44.62 a barrel on Thursday, compared with $44.24 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), …

PAO NOVATEK announced today that NOVATEK Gas & Power Asia Pte. Ltd., a wholly owned subsidiary, shipped the first cargo of liquefied natural gas (“LNG”) from the Yamal LNG project to Japan transported eastbound via the Northern Sea Route. The LNG cargo was delivered by the LNG tanker “Vladimir Rusanov” under a …

Vienna, Austria, 23 July 2020–The price of OPEC basket of thirteen crudes stood at $44.24 a barrel on Wednesday, compared with $44.29 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), …