Oil & Gas Operators

OPEC Daily Basket Price: Tuesday, 16 April 2019, Stood at $70.11 a Barrel

Vienna, Austria, 17 April 2019–The price of OPEC basket of fourteen crudes stood at $70.11 a barrel on Tuesday, compared with $70.21 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), …

READ MORE →
Oil & Gas Operators

Eni: Fitch Ratings Affirms Long Term and Short Term Solicited Ratings

Fitch Ratings has affirmed Eni’s long-term solicited rating at “A-” with stable outlook. The rating expresses the strong credit quality of Eni and reflects, according to Fitch, its growth prospects and strong asset diversification. Fitch has also assigned the expected short-term solicited rating at “F1 (EXP)”. source

READ MORE →
Oil & Gas Operators

OPEC Daily Basket Price Stood at $70.21 a Barrel Monday, 15 April 2019

Vienna, Austria, 16 April 2019–The price of OPEC basket of fourteen crudes stood at $70.21 a barrel on Monday, compared with $70.44 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), …

READ MORE →
Oil & Gas Operators

PetroNeft: Announces Share Settlements

PetroNeft has agreed to issue 13,884,594 Ordinary Shares in settlement of liabilities as follows: Shares in lieu of cash to pay David Sturt for deferred Non-Executive Director fees: The Company owed Mr Sturt accrued fees totalling €44,806 from his time as non-executive Director of the company up until his appointment …

READ MORE →
Oil & Gas Operators

Petrosibir: Production Report for March 2019

Petrosibir’s total oil production in Bashkiria during March 2019 amounted to 35,027 barrels, equivalent to 1,130 barrels per day. The table below summarises the average monthly / daily production in 2019 and 2018, broken down by region.  2018  2019 Average Jan Feb Mar Total production Bashkiria 12 916 11 884 …

READ MORE →
Oil & Gas Operators

Zoltav Resources: Near-Term Focus is on Bringing Current Reserves into Production

Zoltav, the Russia-focused oil and gas exploration and production company, is pleased to provide an update on strategy and operations at the Bortovoy Licence, Saratov.  Western Gas Plant  The Western Gas Plant continued to be operated efficiently throughout 2018 with only one, scheduled, 48-hour maintenance shutdown. Average net daily production (sold to …

READ MORE →
Oil & Gas Operators

Gazprom Neft Implements the World’s First Ever Digital Arctic-Logistics Management System

Gazprom Neft has launched the world’s first ever digital Arctic-logistics management system. This innovative project — code-named “Kapitan (Captain)” — has been developed to ensure uninterrupted year-round shipments of all ARCO and Novy Port crude produced, and to improve efficiency in logistics management. The system, developed by specialists at Gazprom Neft, operates under three regimes: long-term and operational …

READ MORE →
Oil & Gas Operators

OPEC Daily Basket Price: Friday, 12 April 2019, Stood at $70.44 a Barrel

Vienna, Austria, 15 April 2019–The price of OPEC basket of fourteen crudes stood at $70.44 a barrel on Friday, compared with $70.41 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), …

READ MORE →
Oil & Gas Operators

Caspian Sunrise PLC: BNG Operational Update

The Board of Caspian Sunrise are pleased to update shareholders with developments at its flagship BNG Contract Area. Shallow wells Production from our shallow wells for March 2019, was in aggregate 44,566 or 1,658 bopd (February 2019 42,913 barrels or 1,533 bopd), with oil sold at an average price of …

READ MORE →
Conferences & ExhibitionsOil & Gas Operators

RDCR Well Engineering Forum 2019 Continues With Strong Debates

RDCR Well Engineering Forum has been very successful today with 500 delegates enjoying the Roundtable format for discussions. This Operator led show in terms of content has the highest ratio of ‘customers to service providers’ of any oil and gas forum in the FSU.

READ MORE →