Oil & Gas Operators

Vienna, Austria, 21 April 2020—The price of OPEC basket of thirteen crudes stood at $14.19 a barrel on Monday, compared with $18.17 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, 20 April 2020—The price of OPEC basket of thirteen crudes stood at $18.16 a barrel on Friday, compared with $17.73 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), …

Public Opening Position Disclosure by a Party to an Offer Rules 8.1 and 8.2 of the Takeover Code (the “Code”)  1.         KEY INFORMATION  (a) Full name of discloser: Volga Gas plc (b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee …

Vienna, Austria, 17 April 2020—The price of OPEC basket of thirteen crudes stood at $17.73 a barrel on Thursday, compared with $17.51 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 has completed the first phase of its mass COVID-19 preventative testing, covering both company employees and contracting organisations responsible for ensuring continuous production throughout the company’s industrial locations. Testing has made it possible to identify any carriers of the virus at an early stage, in the absence of any external symptoms, and identify contact groups for …

BP is joining forces with the U.S.  government, leading universities and the world’s largest technology companies by providing access to its supercomputer to help researchers halt the spread of COVID-19. BP will donate its significant supercomputing capability to the public-private consortium formed in March 2020 by the White House’s Office …

ConocoPhillips announced today that it is taking further actions to respond to the oil market downturn. These follow initial actions announced on March 18. “In March we exercised $2.2 billion of flexibility via reductions in both our planned 2020 capital spending and share repurchases,” said Ryan Lance, chairman and chief …

OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic in an unprecedented deal with fellow oil nations, including the United States, that could curb global oil supply by 20%. Measures to slow the spread of …

Days after OPEC+ reached a record deal to cut oil output in an attempt to shore up a market reeling from the coronavirus crisis, their calculations are in question. The Organization of the Petroleum Exporting Countries, along with Russia and other producing nations – known as OPEC+ – has partnered …

Vienna, Austria, 16 April 2020—The price of OPEC basket of thirteen crudes stood at $17.51 a barrel on Wednesday, compared with $19.70 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), …