Oil & Gas Operators

Sakhalin Energy Investment Company Ltd. has today been announced as a Global Compact LEAD participant for its ongoing commitment to the United Nations Global Compact and its Ten Principles for responsible business. Announced at the UN Global Compact Leaders Week in New York, Sakhalin Energy was identified as being among the most …

Vienna, Austria, 23 September 2019–The price of OPEC basket of fourteen crudes stood at $65.30 a barrel on Friday, compared with $64.39 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), …

There are still billions more barrels to recover and billions of dollars to invest in Azeri-Chirag-Gunashli (ACG), Ashley Sherman, Principal Research Analyst – Caspian & Europe at Wood Mackenzie research and consulting company told Trend. He made the remarks on the occasion of the 25th anniversary of signing of the Contract …

President of PJSC LUKOIL Vagit Alekperov and Chairman of the Management Board of KazMunayGas Alik Aidarbayev have signed today in Almaty (Kazakhstan) an Agreement on Joint Studies. The two companies agreed on major terms of cooperation and expressed their willingness to begin studies on mineral resources in order to evaluate …

Vienna, Austria, 20 September 2019–The price of OPEC basket of fourteen crudes stood at $64.39 a barrel on Thursday, compared with $64.57 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), …

The Gazprom Neft Board of Directors has confirmed the company’s digital transformation strategy. This new document has been developed in line with the company’s wider business development strategy to 2030, and supports its implementation. This digital transformation envisages a range of major programmes for changes to technological and operational processes at Gazprom Neft, directed at moving over to new …

Epsilon is actively applying new technologies to increase hydrocarbon production, including hydraulic fracturing. In the period from September 12 to 17, 2019, the company conducted hydraulic fracturing in 6 wells, the total volume of hydrocarbon production in which increased from 156 thousand to 1.6 million cubic meters per day. In …

Vienna, Austria, 19 September 2019–The price of OPEC basket of fourteen crudes stood at $64.57 a barrel on Wednesday, compared with $67.88 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, 18 September 2019–The price of OPEC basket of fourteen crudes stood at $67.89 a barrel on Tuesday, compared with $66.43 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), …

Oil prices ended nearly 15% higher on Monday, with the Brent benchmark seeing its biggest jump in about 30 years. The rise came after two attacks on Saudi Arabian facilities on Saturday knocked out about 5% of global supply. Brent crude initially surged 20% at the start of trading, but …