Oil & Gas Operators

The Board of Urals Energy PCL, the independent oil and gas exploration and production company with operations in Russia, has noted the recent rises in the Company’s share price.  The Board does not believe that there has been a material change to the Group’s overall operational or working capital position …

BP is planning to start deep gas production in the Azeri-Chirag-Gunashli (ACG) block located in the Azerbaijani sector of the Caspian Sea. Negotiations continue on deep gas production from the Azeri-Chirag-Gunashli (ACG) block, BP Azerbaijan Vice President Bakhtiyar Aslanbayli told Trend on January 28. He said that deep gas at the ACG …

PJSC “RussNeft” oil reserves growth amounted to 39.6 million tonnes in 2018. The bulk of geological exploration works in the reporting year was done in Khanty-Mansi Autonomous Okrug. Every year the Company implements the extensive exploration programme, and the main focus areas of the oil reserves addition are the unconventional …

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in St. Petersburg today. The parties reviewed current issues related to cooperation. It was noted that 2018 had been marked by the signing of documents that were of strategic importance for further interaction in a wide range of areas. Particular attention …

BP Ventures has invested $5 million in Belmont Technology’s Series A financing to further bolster BP’s artificial intelligence (AI) and digital capabilities in its Upstream business. The investment supports BP’s ongoing work exploring opportunities to apply machine learning and cognitive computing in its global oil and gas business. The Houston …

Vienna, Austria, 28 January 2019–The price of OPEC basket of fourteen crudes stood at $60.90 a barrel on Friday, compared with $60.22 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 …

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Valery Limarenko, Acting Governor of the Sakhalin Region, took place in St. Petersburg today. The parties reviewed the implementation of the Cooperation Agreement, noting the strategic nature of interactions between Gazprom and the Government of the Sakhalin Region. As part of the Eastern Gas Program, the Company is developing …

The Board of Caspian Sunrise is pleased to announce the appointment of Timothy Andrew Field as a non-executive director of the Company with immediate effect. Tim is a corporate lawyer specializing in securities law and corporate governance. He is currently the head of the public company practice at Mishcon de …

PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67, announces that Paul Dowling, CFO and Company Secretary, will depart the Company at the end of January 2019 to pursue other opportunities. Paul will …

Vienna, Austria, 25 January 2019–The price of OPEC basket of fourteen crudes stood at $60.22 a barrel on Thursday, compared with $60.52 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), …