Oil & Gas Operators

Gazprom Neft, Mubadala Petroleum and the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of the Russian Federation) have announced the completion of a transaction establishing a joint venture to develop oil fields in the Tomsk and Omsk Regions of Western Siberia. Further to an agreement announced on 24 …

Rating agency Standard & Poor’s has raised Eni’s long-term credit rating to ‘A-’ with Stable outlook. Standard & Poor’s also confirmed Eni’s ‘A-2’ short-term credit rating. S&P‘s decision is based on the improvement in Eni’s current and forecasted credit metrics, thanks to the company’s debt reduction and cash flow generation. …

PJSC LUKOIL today released its condensed interim consolidated financial statements for the three and six month periods ended 30 June 2018 prepared in accordance with International Financial Reporting Standards (IFRS). Financial highlights 2Q 2018 1Q 2018   1H 2018 1H 2017 (RUB bln) 2,056.1 1,630.7 Sales 3,686.8 2,790.8 295.2 219.5 EBITDA 514.7 386.7 288.8 …

Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the six months ended June 30, 2018. The table below presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS for the six months …

The Gazprom Board of Directors took note of the information on the Company’s mineral and raw material base. It was highlighted that Gazprom had the largest amount of explored natural gas reserves in the world, totaling 35.4 trillion cubic meters (А+В1+С1 categories) as of December 31, 2017. Due to the adoption of a new Russian Classification of Reserves and Forecast Resources of Oil and Flammable …

Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce unaudited production data for the month of  July 2018 (“the Period”). ·     Our average daily production[1] was 8,801 bbl/day during the period. ·     Average daily production for …

Rospan International, a subsidiary of Rosneft, conducted a record hydrofracturing operation (fracturing) – with the use of pulsating injection – 550 tons of proppant, equivalent to 1000 tons by traditional technology, were supplied for 10.5 hours. The operation was carried out at the East Urengoy license area as part of a …

PetroNeft (AIM: PTR) an oil and gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to announce that it has successfully cored, logged and open-hole tested the J1-1 and J1-3 intervals of the Cheremshanskoye No.4 (C-4) well in …

Vienna, Austria, 28 August 2018–The price of OPEC basket of fifteen crudes stood at $74.09 a barrel on Monday, compared with $74.02 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), …

PJSC Tatneft (the “Company”) announces today that it published on its web-site (http://www.tatneft.ru/?lang=en) the unaudited consolidated interim condensed financial statements (the “Financial Statements”) for the three and six months ended 30 June 2018 prepared in accordance with International Financial Reporting Standards (“IFRS”) and the related Management Discussion and Analysis of …