Oil & Gas Operators

Rosneft Becomes a Constituent of FTSE4Good Stock Index Leading on Core Sustainability Metrics

FTSE Russell, the analytic branch of the London Stock Exchange, has included Rosneft Oil Company in the international FTSE4Good Emerging Index. Rosneft has been awarded the highest mark in the Governance category that comprises corporate governance, risk management, and corruption control. With its performance indicators, Rosneft is ahead of most …

READ MORE →
Oil & Gas Operators

Rosneft Signs Contract with Indian Oil to Supply 2 Million Tonnes of Oil to India

Rosneft Oil Company and Indian Oil Corporation Limited (IOCL) signed a contract to supply up to 2 million tonnes of oil to India via the port of Novorossiysk by the end of 2020. The signing took place during the visit of the Chief Executive Officer of Rosneft Igor Sechin to …

READ MORE →
Oil & Gas Operators

Rosneft Joins Leading Oil and Gas Companies in the Global CDP Climate Change Rating

Rosneft Oil Company joined the leading global oil and gas companies – participants of the global CDP (formerly, Carbon Disclosure Project) Climate Change Rating. As a result of an independent assessment, Rosneft was assigned the “B” rating – the highest among the participating Russian oil and gas companies and two …

READ MORE →
Oil & Gas Operators

Gazprom Neft Achieves Record Production at Achimovsky Strata

Gazprom Neft has become the first company in Russia to use a unique technology — hybrid multi-stage fracking — to increase oil inflow in Achimovsky strata, following testing at Gazpromeft Noyabrskneftegaz’s Vyngayakhinskoye field in the Yamalo-Nenets Autonomous Okrug. Works undertaken suggest initial production, from a single well, currently stands at 300 tonnes per day — three times higher than anticipated. This technology …

READ MORE →
Oil & Gas Operators

OPEC Daily Basket Price: Wednesday, 5 February 2020, Stood at $54.99 a Barrel

Vienna, Austria, 6 February 2020—The price of OPEC basket of fourteen crudes stood at $54.99 a barrel on Wednesday, compared with $54.66 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), …

READ MORE →
Oil & Gas Operators

OPEC Daily Basket Price: Tuesday, 4 February 2020, Stood at $54.66 a Barrel

Vienna, Austria, 5 February 2020—The price of OPEC basket of fourteen crudes stood at $54.66 a barrel on Tuesday, compared with $55.51 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), …

READ MORE →
Oil & Gas Operators

OPEC Daily Basket Price: Monday, 3 February 2020, Stood at $55.51 a Barrel

Vienna, Austria, 4 February 2020—The price of OPEC basket of fourteen crudes stood at $55.51 a barrel on Monday, compared with $58.94 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), …

READ MORE →
Oil & Gas Operators

VGAS: Production Report for January 2020

Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following update on its average production volumes for January 2020. Production Report The average production in January 2020 was 4,330 barrels of oil equivalent per day (4% lower than December 2019), with higher oil production offsetting a …

READ MORE →
Oil & Gas Operators

OPEC Daily Basket Price: Friday, 31 January 2020, Stood at $58.94 a Barrel

Vienna, Austria, 3 February 2020—The price of OPEC basket of fourteen crudes stood at $58.94 a barrel on Friday, compared with $58.80 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), …

READ MORE →
Oil & Gas Operators

OPEC Daily Basket Price: Thursday, 30 January 2020, Stood at $58.80 a Barrel

Vienna, Austria, 31 January 2020—The price of OPEC basket of fourteen crudes stood at $58.80 a barrel on Thursday, compared with $61.04 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), …

READ MORE →