OPEC Daily Basket Price: Thursday, 20 June 2019, Stood at $63.95 a Barrel
Vienna, Austria, 21 June 2019–The price of OPEC basket of fourteen crudes stood at $63.95 a barrel on Thursday, compared with $62.21 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), …
Gazprom, Uzbekneftegaz to Invest $700 million in Gas Production in Uzbekistan
Natural Gas-Stream JV, established by Uzbekneftegaz and Gas Project Development Central Asia, is investing more than $700 million in gas production in northwest of Uzbekistan. The corresponding decree was signed by the Cabinet of Ministers on June 17. The project envisages geological exploration at Sechankul, Oqjar and Chimboy investment blocks, …
OPEC Daily Basket Price: Tuesday, 18 June 2019, Stood at $61.43 a Barrel
Vienna, Austria, 19 June 2019–The price of OPEC basket of fourteen crudes stood at $61.43 a barrel on Tuesday, compared with $61.60 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), …
Rosneft Project in Solimões Basin Awarded with Priority Status
The government of the Brazilian state of Amazonas assigned the priority status to Rosneft’s project in the Solimões Basin. According to the letter of intent signed between Rosneft Brasil (a 100% subsidiary of Rosneft) and the government of the Brazilian state, regional authorities are to provide conditions for the implementation …
KCOI: The Making of EPC 4
Watch this time-lapse video from KCOI on the construction of EPC 4. Companies who also worked on this project are Montazhspetstroy LP, Rosetti Marino Group of Companies, Basis Engineering, Fores Engineering, Tecon SRL Click Here to watch the video
Caspian Sunrise: Deep Well A8 – Interval Extends Further than Previously Detected
The Board of Caspian Sunrise is pleased to provide the following operational update at its flagship BNG asset. Deep Wells Deep Well A8 On 7 June 2019, we announced the interval of interest extends 110 meters from a depth of 4,346 meters. Since that date we have drilled to a …
OPEC Daily Basket Price: Monday, 17 June 2019, Stood at $61.60 a Barrel
Vienna, Austria, 18 June 2019–The price of OPEC basket of fourteen crudes stood at $61.60 a barrel on Monday, compared with $61.25 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), …
TATNEFT Appoints Vitaly Gataullin as Deputy General Director for Digital Development
Vitaly Kashafovich Gataullin, who previously held the position of Advisor to the General Director on Organizational Development of PJSC TATNEFT, was appointed Deputy General Director for Digital Development. Changes in the organizational structure of the Company were carried out with a view to further improve the management system of the …
Gazprom Neft Doubles FY2018 Dividend Payments, to RUB30 Per Share
The Gazprom Neft Annual General Meeting of Shareholders has taken place in St Petersburg, with shareholders approving the 2018 Annual Report and Accounts. The company’s shareholders also supported the Board of Directors’ recommendation that dividends be paid in the amount of RUB30 per ordinary share (including a dividend of RUB22.05 per ordinary share based on the first nine months of FY2018). …
Equinor, SOCAR Mull Development of Karabakh Field
In July, Azerbaijan’s state oil company SOCAR and its partner on exploration and development of the Karabakh field will familiarize themselves with the progress of work on the reconstruction of the drilling rig, which will be used at an evaluation exploratory well at the field, Trend reports with reference to SOCAR. They …