Oil & Gas Operators

Urals Energy: Board Advises Against Adler Impex Sa EMG Resolutions

Urals Energy announces the following details of the extraordinary general meeting scheduled for 11am Cypriot time, 9am GMT, on the 22nd February 2019 (the “EGM”) at the registered office of the Company at Glafkos Tower, Office 501, 5th floor, 3 Menandrou street, Nicosia, CY-1066, Cyprus. The EGM is to be …

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Oil & Gas Operators

OPEC Daily Basket Price: Wednesday, 20 February 2019, Stood at $65.97 a Barrel

Vienna, Austria, 21 February 2019–The price of OPEC basket of fourteen crudes stood at $65.97 a barrel on Wednesday, compared with $65.79 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), …

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Oil & Gas Operators

NOVATEK: 2018 Resulsts – EBITDA Up 61.9%

PAO NOVATEK today released its audited consolidated financial statements for the year ended 31 December 2018 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial Highlights  (in millions of Russian roubles except as stated)   FY 2018  FY 2017  Oil and gas sales 825,761 579,819 Other revenues 5,997 …

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Oil & Gas Operators

OPEC Daily Basket Price: Tuesday, 19 February 2019, Stood at $65.79 a Barrel

Vienna, Austria, 20 February 2019–The price of OPEC basket of fourteen crudes stood at $65.79 a barrel on Tuesday, compared with $66.03 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 (Congo), …

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Oil & Gas Operators

OPEC Daily Basket Price: Monday, 18 February 2019, Stood at $66.03 a Barrel

Vienna, Austria, 19 February 2019–The price of OPEC basket of fourteen crudes stood at $66.03 a barrel on Monday, compared with $64.87 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), …

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Oil & Gas Operators

10 Years Ago Russia’s First LNG Plant Was Launched

The Sakhalin-2 liquefied natural gas (LNG) plant, operated by Sakhalin Energy, was launched in February 18, 2009. In 2010, it reached its full design capacity – 9.6 mln tonnes of LNG per annum. In the years that followed, an ambitious debottlenecking programme helped increase its output capacity by 20%. This …

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Oil & Gas Operators

Gazprom: Contract Signed with Almaz-Antey Corporation for Batch Manufacturing of Subsea Production Equipment

Alexey Miller, Chairman of the Gazprom Management Committee, and Yan Novikov, Chairman of the Management Board, Director General of the Almaz-Antey Corporation, today at the Russian Investment Forum in Sochi signed a long-term contract for the supply of import-substituting products in the amount equal to guaranteed future purchases. According to the document, the Corporation will set up the batch manufacturing and …

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Oil & Gas Operators

Gazprom and CNPC Discuss Planned Supplies of Russian Gas to China

A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to China today. As part of the visit, a meeting between Alexey Miller and Wang Yilin, Chairman of the Board of Directors of CNPC, took place in Beijing. The parties reviewed a wide range of issues related to cooperation between the companies, focusing on the ongoing preparations for the …

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Oil & Gas Operators

Gazprom Neft Establishes a ‘Cross-Industry Joint Technology Development Centre’ with the Administration of Tomsk Oblast

The agreement envisages new forms of cooperation being developed and implemented between Gazprom Neft and local universities, scientific organisations, and real-sector small and medium-sized enterprises (SMEs).* Cooperation will be based around a “Cross-industry Joint Technology Development Centre” which the company will be establishing in partnership with the Administration and higher educational establishments in Tomsk. The document …

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Oil & Gas Operators

OPEC Daily Basket Price: Friday, 15 February 2019, Stood at $64.87 a Barrel

Vienna, Austria, 18 February 2019–The price of OPEC basket of fourteen crudes stood at $64.87 a barrel on Friday, compared with $64.28 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), …

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