Oil & Gas Operators

Vienna, Austria, 27 May 2019–The price of OPEC basket of fourteen crudes stood at $67.40 a barrel on Friday, compared with $68.56 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 …

PAO NOVATEK announced obtaining five new licenses on the Krasnoyarsk Territory located in close proximity to the Company’s existing licenses located on the Gydan Peninsula. OOO NOVATEK-Yurkharovneftegas obtained the right for geological survey licenses for the Khalmeryahskiy, Dorofeevskiy and West-Dorofeevskiy subsoil areas, while OOO NOVATEK-Tarkosaleneftegas obtained the right for geological …

Vienna, Austria, 24 May 2019–The price of OPEC basket of fourteen crudes stood at $68.56 a barrel on Thursday, compared with $71.03 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 …

The Company is pleased to announce that two core samples taken from Deep Well A8 on the Airshagyl structure at its flagship BNG Contract Area have undergone preliminary analysis that shows them to be porous and oil and gas bearing. Background Deep Well A8 was spudded in November 2018 with …

Bloomberg publication has published an article on the process of reforming the oil and gas industry in Uzbekistan. The material is based on an interview with the chairman of the company Bakhodirjon Sidikov. As the author of the publication Zulfugar Agayev notes, the goal of reorganizing the JSC Uzbekneftegaz is …

A regular meeting of the Board of Directors of PJSC TATNEFT chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Kazan on May 22, 2019 The Board meeting reviewed the results of the Company’s budget implementation for the four months of 2019 and approved the budget …

Vienna, Austria, 23 May 2019–The price of OPEC basket of fourteen crudes stood at $71.03 a barrel on Wednesday, compared with $71.71 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 …

Vienna, Austria, 22 May 2019–The price of OPEC basket of fourteen crudes stood at $71.71 a barrel on Tuesday, compared with $72.47 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 …

JSC Uzbekneftegaz and SOCAR’s subsidiary LLC “NIPI NEFTEGAZ” have signed an agreement to increase oil production in Kashkadarya within the framework of the XXIII International exhibition and conference “Oil and Gas of Uzbekistan OGU – 2019”, the press service of the JSC Uzbekneftegaz reported. The document defines the main conditions …

Net profit for Q1 2019 of RUB107.9 billion, a 1.5-fold (54.9 percent) increase year-on-year Adjusted EBITDA* up 26.9 percent year-on-year, reaching RUB197.7 billion Net debt to EBITDA ratio as at end Q1 2019 standing at 0.59x Gazprom Neft today announces its consolidated IFRS financial results for three months ended March 31, 2019. Gazprom Neft’s revenue in the first three months of 2019 totalled RUB586.4 billion, a 12.6 percent increase year-on-year, …