OPEC Daily Basket Price: Friday, 15 May 2020, Stood at $26.54 a Barrel
Vienna, Austria, 18 May 2020–The price of OPEC basket of thirteen crudes stood at $26.54 a barrel on Friday, compared with $24.93 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), …
Severneftegazprom Produced 300 Billion Cubic Metres of Natural Gas
• The joint venture between Gazprom, Wintershall Dea and OMV reaches an important milestone • The Yuzhno-Russkoye field is a significant pillar of European energy security • Innovative solutions and pioneering spirit are key to successful development of challenging formations Krasnoselkup/Kassel. Severneftegazprom, a joint venture between Gazprom, Wintershall Dea and …
OPEC Daily Basket Price: Wednesday, 13 May 2020, Stood at $23.25 a Barrel
Vienna, Austria, 14 May 2020—The price of OPEC basket of thirteen crudes stood at $23.25 a barrel on Wednesday, compared with $22.83 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 PLC: BNG April 2020 Production Numbers
The Board of Caspian Sunrise is pleased to announce the April 2020, production numbers from its flagship asset BNG. April 2020 oil production figures The total number of barrels produced in April 2020, all from the MJF structure, was 48,678 (March 2020, 40,277) at an average daily rate of 1,623 bopd (March 2020, 1,299), an …
Igor Sechin Reported to the President of the Russian Federation on the Implementation of the Largest Rosneft Projects
Vladimir Putin held a working meeting with the Chief Executive Officer of Rosneft PJSC Igor Sechin. “Rosneft is our leading company, leading company, largest taxpayer,” said Vladimir Putin, opening the meeting. The President of the Russian Federation invited Igor Sechin, as the head of the largest Russian oil company, to …
Condor Announces 2020 First Quarter Results
Condor Petroleum Inc., a Canadian based oil and gas company focused on exploration and production activities in Turkey and Kazakhstan, is pleased to announce the release of its unaudited interim condensed consolidated financial statements for the three months ended March 31, 2020 together with the related management’s discussion and analysis. …
OPEC Monthly Oil Market Report, April 2020
Crude oil prices recorded a second sharp monthly drop in April, amid an increasing oil surplus in the spot market. The OPEC Reference Basket (ORB) value plummeted by $16.26, or 48.0%, m-o-m, to $17.66/b, the lowest monthly level since December 2001. With regard to crude futures, ICE Brent declined by …
Gazprom Neft Increases the Efficiency of Developing the Oil Rim of the Chayandinskoye Field
Gazpromneft-Zapolyarye commissioned the first fishbon on the oil rim of the Chayandinskoye field in Yakutia. The starting flow rate of a multilateral well doubled that of previously used horizontal structures and amounted to about 400 tons per day. The first fishbone multilateral well * on the oil rim of the Chayandinskoye …
Petrosibir: Annual Report for 2019 Published
Petrosibir’s Annual report for 2019 is available as of today 13 May 2020 on the company’s website www.petrosibir.com. A PDF of the report is attached to this press release. For more information, please contact: Pavel Tetyakov, CEO, +46 8 407 1850 Gunnar Danielsson, deputy CEO and CFO, +46 70 738 0585 …
Petrosibir: Production Report for April 2020
Petrosibir’s total oil production during April 2020 amounted to 35,808 barrels, equivalent to 1,283 barrels per day. The table below summarises the average monthly / daily production in 2020 and 2019, broken down by region. 2019 2020 Average Jan Feb Mar Apr Total production Bashkiria 10 469 10 622 9 …