Oil & Gas Operators

Eni Results for the Second Quarter and Half Year 2019

Yesterday, Eni’s Board of Directors approved the Group results1 for the second quarter and first half of 2019 (unaudited). Commenting on the results, Claudio Descalzi, CEO of Eni, remarked: “In the first half 2019, Eni delivered excellent operating and financial results, making substantial progress towards the achievement of the full-year targets …

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Oil & Gas Operators

ExxonMobil has asked the authorities to facilitate her work on the Russian shelf

The President Of ExxonMobil Russia Inc. Glenn Waller has addressed a letter to the government asking to change the rules for it work in Russia, reports the newspaper “Kommersant”. In particular, we are talking about the abolition of the amendments to the Code of trading navigation (KTM) from 2017, which …

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Oil & Gas Operators

NOVATEK: H1 2019 Results: Production Up 15.2%, Revenue Up 11.6%

PAO NOVATEK today released its consolidated interim condensed financial statements as of and for the three and six months ended 30 June 2019 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial Highlights  (in millions of Russian roubles except as stated) 2Q 2019 2Q 2018   1H 2019 …

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Oil & Gas Operators

OPEC Daily Basket Price: Wednesday, 24 July 2019, Stood at $64.58 a Barrel

Vienna, Austria, 25 July 2019–The price of OPEC basket of fourteen crudes stood at $64.58 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 …

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Oil & Gas Operators

LNG Carrier ‘Vladimir Rusanov’ Opens the Northern Sea Route 2019 Navigation Period

PAO NOVATEK announced today that the Arc7 ice-class LNG tanker “Vladimir Rusanov” completed the Northern Sea Route passage via the Eastern direction, and delivered a cargo of LNG produced by the Company’s Yamal LNG project from the port of Sabetta to the port of Tianjin, located in China. The Vladimir …

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Oil & Gas Operators

NOVATEK Launches South-Khadyryakhinskoye field

PAO NOVATEK (“NOVATEK” and/or the “Company”) announced today that the Company’s wholly owned subsidiary NOVATEK-Tarkosaleneftegas commenced commercial production at the South-Khadyryakhinskoye gas field, with estimated gas capacity at about one billion cubic meters per annum. “The South-Khadyryakhinskoye field is located in close proximity to the Company’s existing infrastructure, which allowed …

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Oil & Gas Operators

Exillon Energy plc: June Production Report

Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, is pleased to announce unaudited production data for the month of  June 2019. ·     Our average daily production[1] was 11,857 bbl/day during the period. ·     Average daily production for Exillon TP was 2,230 bbl/day, and …

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Oil & Gas Operators

OPEC Daily Basket Price: Tuesday, 23 July 2019, Stood at $63.92 a Barrel

Vienna, Austria, 24 July 2019–The price of OPEC basket of fourteen crudes stood at $63.92 a barrel on Tuesday, compared with $64.27 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 …

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Oil & Gas Operators

OPEC Daily Basket Price: Friday, 19 July 2019, Stood at $62.93 a Barrel

Vienna, Austria, 22 July 2019–The price of OPEC basket of fourteen crudes stood at $62.93 a barrel on Friday, compared with $63.10 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 …

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Oil & Gas Operators

NOVATEK Closes Arctic LNG 2 Transaction

PAO NOVATEK today announced the closing of the sale of participation interests in Arctic LNG 2 Project to wholly owned subsidiary of China National Petroleum Corporation (“CNPC”), wholly owned subsidiary of CNOOC Ltd. (“CNOOC”), and the consortium of Mitsui & Co and Japan Oil, Gas and Metals National Corporation (“Japan …

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