Oil & Gas Operators

Vienna, Austria, 26 February 2019–The price of OPEC basket of fourteen crudes stood at $65.36 a barrel on Monday, compared with $66.56 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), …

Gazprom Neft today announces its IFRS consolidated financial statements for the 12 months ended 31 December 2018 (FY2018). Net profit for FY2018 of RUB376.7 billion, a 48.7 % increase year-on-year Adjusted EBITDA* of RUB800 billion, — up 45.1 % year-on-year Free cash flow (FCF) of RUB162 billion, a 2.5-fold increase year-on-year Revenue for FY2018 amounted to RUB 2,489 billion , a 28.7% increase year-on-year.** Adjusted EBITDA grew by more than 45.1% year-on-year …

Vienna, Austria, 25 February 2019–The price of OPEC basket of fourteen crudes stood at $66.56 a barrel on Friday, compared with $66.50 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 newly elected Board of Directors of Urals Energy PCL, would like to thank those shareholders who have voted for them the recent extraordinary general meeting (the “EGM”) and announce results of the EGM and the new Board’s strategy going forward.  Results of the EGM At the EGM held earlier …

Vienna, Austria, 22 February 2019–The price of OPEC basket of fourteen crudes stood at $66.50 a barrel on Thursday, compared with $65.97 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), …

Clean CCS EBITDA reached USD 2.69bn, up 10% versus previous year Upstream’s contribution jumped by 49% y-o-y, Consumer Services increased by 18% Net profit reached again USD 1.1bn, equaling previous year’s result Budapest, 22 February 2019 – Today, MOL Group announced its financial results for 2018. MOL increased its EBITDA …

Urals Energy announces that Andrew Shrager, Leonid Dyachenko and Stephen Buscher have resigned as directors of the Company with effect from the close of business today. As noted in the Company’s previous announcements, an extraordinary general meeting is scheduled for 11am Cypriot time, 9am GMT, tomorrow 22nd February 2019 (the …

Major global economies, including the US, the EU region, Indonesia, Russia and China, are set for a moderate slowdown in 2019 owing to uncertainties related to the protectionist policies advocated by various national governments, lower levels of consumer confidence and high levels of national debts, according to GlobalData, a leading …

Equinor sold natural gas for around USD 26 billion in total in 2018, an increase of 29 percent from 2017. As more countries prepare for the energy transition, Equinor sees strong market opportunities for gas and expects global demand to grow by around 10% towards 2030. Equinor is the largest …

Gazprom Neft (the “Company”) today announces its IFRS consolidated financial statements for the 12 months ended 31 December 2018 (FY2018). Net profit for FY2018 of RUB376.7 billion, a 48.7 % increase year-on-year Adjusted EBITDA* of RUB800 billion, — up 45.1 % year-on-year Free cash flow (FCF) of RUB162 billion, a 2.5-fold increase year-on-year Revenue for FY2018 amounted to RUB 2,489 billion , a 28.7% increase year-on-year.** Adjusted EBITDA grew by more than …