Oil & Gas Operators

Specialists of JSC NK Kondaneft, a subsidiary of Rosneft, for the first time in the world performed hydraulic fracturing in sandstones using a fluid based on a synthetic polymer. An innovative solution allows to increase the effective length of rock cracks up to 30% compared to standard methods, which is especially …

Tyumenneftegaz, a part of Rosneft’s oil production complex, has started the delivery of the first oil from the unique Russkoye field to the Zapolyarye-Purpe trunk pipeline system. It was possible to increase the efficiency of oil transportation thanks to the completion of construction and commissioning of the first launch complex …

Vienna, Austria, 28 November 2019–The price of OPEC basket of fourteen crudes stood at $64.40 a barrel on Wednesday, compared with $63.92 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), …

The Board of Caspian Sunrise are pleased to provide an operational update from the Company’s flagship BNG Contract Area. Deep Wells A5 The drilling phase has been completed without incident and Baker Hughes has been contracted to undertake the cementing work. The side-track, which commenced from a depth of 3,976 …

Vienna, Austria, 27 November 2019–The price of OPEC basket of fourteen crudes stood at $63.92 a barrel on Tuesday, compared with $64.21 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), …

PJSC LUKOIL today released its condensed interim consolidated financial statements as of and for the three and nine months ended 30 September 2019, prepared in accordance with International Financial Reporting Standards (IFRS). Financial highlights 3Q 2019 2Q 2019   9M 2019 9M 2018 (RUB bln) 1,952.3 2,125.6 Sales 5,928.8 5,992.7 327.8 332.2 EBITDA 958.0 …

Vienna, Austria, 26 November 2019–The price of OPEC basket of fourteen crudes stood at $64.21 a barrel on Monday, compared with $64.56 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, 25 November 2019–The price of OPEC basket of fourteen crudes stood at $64.56 a barrel on Friday, compared with $63.68 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, 22 November 2019–The price of OPEC basket of fourteen crudes stood at $63.68 a barrel on Thursday, compared with $62.22 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), …

Net profit for 9M 2019 of RUB320 billion — a 7.1 percent increase year-on-year Adjusted EBITDA up 0.2 percent to RUB615.5 billion* Net debt to EBITDA ratio at 0.56 as at the end of Q3 Gazprom Neft today announces its consolidated IFRS financial results for the nine months (9M) and third quarter (Q3) of 2019. Gazprom Neft’s revenue in the nine months of 2019 grew by 2.4 percent year-on-year …