Oil & Gas Operators

OMV and Microsoft agreed on a strategic partnership. The details and way forward have been discussed by OMV Chief Financial Officer, Reinhard Florey and OMV Chief Information Officer Jan Leitermann together with the President of Microsoft Western Europe, Vahe Torossian, who was accompanied by Jean-Philippe Courtois, Executive Vice President and …

Vienna, Austria, 9 December 2019–The price of OPEC basket of fourteen crudes stood at $65.24 a barrel on Friday, compared with $64.81 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), …

Vienna, Austria, 5 December 2019–The price of OPEC basket of fourteen crudes stood at $63.39 a barrel on Wednesday, compared with $62.57 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 and Repsol are developing a joint venture to conduct geological exploration at six license blocks in the Karabashsky zone of the Khanty-Mansi Autonomous Okrug. The joint venture will be established through Karabashsky-6 LLC, owned by Gazprom Neft, which holds geological prospecting licenses to six blocks in the south—west of the Khanty-Mansi Autonomous Okrug. Repsol will acquire a 50.1-percent share in the company’s …

Vienna, Austria, 4 December 2019–The price of OPEC basket of fourteen crudes stood at $62.57 a barrel on Tuesday, compared with $62.50 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), …

Vienna, Austria, 3 December 2019–The price of OPEC basket of fourteen crudes stood at $62.50 a barrel on Monday, compared with $63.83 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), …

Volga Gas plc, the oil and gas exploration and production group operating in the Volga region of Russia, announces a change in its directorate. Ronald Freeman has advised the Board that after 13 years of service as an independent non-executive director of the Company he wishes to retire with effect of 31 …

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 November 2019. Production Report The average production in November 2019 was 4,687 barrels of oil equivalent per day (50% higher than October 2019). Higher production resulted …

The Board of Directors of PJSC “RussNeft” approved the Company’s Business Plan for 2020. The target level of production in the Business Plan is 7.035 million tons (excluding oil production in Azerbaijan). The Board of Directors of RussNeft approved the target indicators of the Company’s production program for the next …

Vienna, Austria, 2 December 2019–The price of OPEC basket of fourteen crudes stood at $63.83 a barrel on Friday, compared with $63.94 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), …