Oil & Gas Operators

NOVATEK Launched Small-Scale LNG Plant in Magnitogorsk

PAO NOVATEK announced that today in Magnitogorsk a ceremony was held, in the presence of Deputy Prime Minister of the Russian Federation Yury Borisov, to launch the first small-scale LNG plant in the Chelyabinsk region with a design capacity of 40 thousand tons per annum. NOVATEK-Chelyabinsk, a wholly owned subsidiary, …

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Oil & Gas Operators

PetroNeft: Field Optimisation Programs Boosting Production

PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to announce improved production. Highlights o Production up year on year by 7.8%, to 1,589 bbls/day July 2020, currently averaging 17% above …

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Oil & Gas Operators

OPEC Daily Basket Price: Tuesday, 25 August 2020, Stood at $45.87 a Barrel

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), …

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Oil & Gas Operators

Meeting of PJSC TATNEFT’s Board of Directors

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 …

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Oil & Gas Operators

NOVATEK’s Board Recommends 1H 2020 Dividend

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 …

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Oil & Gas Operators

NOVATEK’s Board of Directors Approved Environmental Targets for the Period up to 2030

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 …

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Oil & Gas Operators

OPEC Daily Basket Price: Monday, 24 August 2020, Stood at $45.19 a Barrel

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), …

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Oil & Gas Operators

OPEC Daily Basket Price: Friday, 21 August 2020, Stood at $44.92 a Barrel

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), …

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Oil & Gas Operators

Caspian Sunrise PLC: Appointment of New Director

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: …

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Oil & Gas Operators

Lundin Energy: Appointment of Daniel Fitzgerald as Chief Operating Officer effective 1 January 2021

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 …

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