The 10th (Extraordinary) OPEC and Non-OPEC Ministerial Meeting Concludes
The 10th (Extraordinary) OPEC and non-OPEC Ministerial Meeting was held via videoconference, on Sunday, 12 April 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and co-Chair HE Alexander Novak, Minister of Energy of the Russian Federation. The Meeting reaffirmed the continued commitment of …
Opec, Russia and Other Oil Producers Make Draft Deal to Cut Output
Opec countries and allies led by Russia have agreed in principle to cut their oil output by more than a fifth and said they expected the United States and other producers to join in their effort to prop up prices hammered in the coronavirus crisis. But there was some confusion after …
TATNEFT’s Management Board Members Transfer Their Remuneration to Charity
Top managers of TATNEFT and the Company’s employees, who joined them, will transfer their average one-day salary to the TATNEFT’s Charity Fund to support residents of the region who face difficulties in the pandemic conditions. The Company’s Management Board Members will also transfer their remuneration amounts. TATNEFT Charity Fund will …
OPEC Daily Basket Price: Wednesday, 8 April 2020, Stood at $21.19 a Barrel
Vienna, Austria, 9 April 2020—The price of OPEC basket of thirteen crudes stood at $21.19 a barrel on Wednesday, compared with $22.67 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), …
Eni’s HPC5 Supercomputer Contributes to Coronavirus Research
The supercomputing infrastructure will support researchers in virus analysis Eni has freely made its supercomputing infrastructure and its molecular modelling skills available for Coronavirus research, offering its contribution with its tools and resources of excellence in the fight against this global emergency. The collaboration is part of the European EXSCALATE4CoV …
Tatneft: Figures for Operation Results in March 2020
Crude Oil Production The enterprises of the TATNEFT Group of Companies produced 2,442 thousand tonnes of crude oil in March 2020 with the production volume from the beginning of the year amounting to 7,280 thousand tonnes, which was 52 thousand tonnes less than during the same period in 2019. PJSC …
TATNEFT Has Published an Official Statement of Action in the Context of the COVID-19 Virus Pandemic
TATNEFT posted an official statement on actions in the context of the COVID-19 virus pandemic on its website (http://www.tatneft.ru) and the Company opened a special information block STOPCOVID-19. The statement has been addressed to employees of the TATNEFT Group and their families, shareholders, investors, business partners, contractors, suppliers, customers, as …
OPEC Daily Basket Price Stood at $22.67 a Barrel Tuesday, 7 April 2020
Vienna, Austria, 8 April 2020—The price of OPEC basket of thirteen crudes stood at $22.67 a barrel on Tuesday, compared with $23.48 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), …
OPEC Daily Basket Price: Monday, 6 April 2020, Stood at $23.48 a Barrel
Vienna, Austria, 7 April 2020—The price of OPEC basket of thirteen crudes stood at $23.48 a barrel on Monday, compared with $23.01 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), …
Caspian Sunrise PLC: BNG Operational Update & March Production Numbers
The Board of Caspian Sunrise is pleased to announce New Well 153, the second of the planned infill wells on the MJF structure, has reached its Total Depth of 2,500 meters. Background New Well 153 was spudded in mid-February 2020, and on 2 April 2020, reached its Total Depth. Wireline …