TATNEFT Launched 3D Printing of Reusable Masks for Doctors
TATNEFT together with ZENIT Bank has organized 3D printing of reusable protective screens and respirators to ensure the safety of medical workers. The batch of reusable screens has already been donated by the Company to medical institutions in the region. Initially, the startup has been implemented by Aybulat Khairullin, KNITU-KAI …
Gazprom Neft Sets Up “Buffer Zones” to Protect Rig Workers from COVID-19
Gazprom Neft is deploying a major anti-COVID-19 programme — “Antivirus” — which includes a range of initiatives to ensure continuous production under the current pandemic. One of the most important projects under this programme involves putting in place “buffer zones” for virus-testing rotational-shift rig workers prior to their leaving for fields. Special buffer zones have been put in place for workers …
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 …