Gazprom Neft was the First in Russia to Launch an Oil and Gas Field Amid COVID-19 Pandemic
Gazprom Neft has started commercial production of hydrocarbons at the Tazovskoye field in the north of the Yamalo-Nenets Autonomous Okrug. This is the first oil and gas production field in Russia, the infrastructure of which was created under severe restrictions during the COVID-19 pandemic. The field will become the center of a …
Mass Events Banned in the Moscow Region
The ban on holding mass events for a period of a month, the Governor of the Moscow Region, Andrei Vorobyov, explained by the increase in the incidence of coronavirus infection The Governor of the Moscow Region, Andrei Vorobyov, ordered to prohibit the holding of mass events in the Moscow Region …
Recovering from Covid-19 Towards an Uncertain Future
Long-term development in the world’s energy markets and how politics, technologies, companies, and consumers can make them move where we want, continue to catch headlines. Energy Perspectives is an independent report describing three possible paths for the world economy, international energy markets and energy-related greenhouse gas emissions. It illustrates how …
MOL Group’s Covid-Prevention in Numbers: USD 20mn on Measures, USD 5mn on Support
By the end of the 3rd wave of the pandemic in Central and Eastern Europe,MOL Group implemented extensive preventive measures and invested more than USD 20 mn (HUF 6.1 billion) protecting employees and customers against Covid-19. MOL have provided more than 8,000,000 masks, 14,000,000 gloves, 170,000 litres of disinfectant and …
LUKOIL Announces IFRS Financial Results for the First Quarter Of 2021
PJSC “LUKOIL” released its condensed interim consolidated financial statements for the three-month period ended March 31, 2021 prepared in accordance with International Financial Reporting Standards (IFRS). Financial Highlights 1Q 2021 4Q 2020 1Q 2021 1Q 2020 (RUB bln) 1,876.5 1,530.3 Sales 1,876.5 1,666.0 314.4 189.6 EBITDA 314.4 150.8 157.4 29.4 Profit (loss) for …
GECF: Government-Industry Partnership Harbinger for Progress
In the face of mounting uncertainties, from the long-term impact of COVID-19 to changing supply chains and emission-related goals, a clear and comprehensive National Energy Policy (NEP) will serve a vital role in countries’ economic growth and energy transition, a senior gas industry official from Malaysia said. Speaking at the …
Caspian Sunrise: BNG Operational Update
The Board of Caspian Sunrise are pleased to provide the following operational update at its flagship BNG Contract Area asset. First quarter production volumes In the three months ended 31 March 2021, 119,916 bbls of oil were produced at an average of approximately 1,332 bopd. Oil Prices While international prices …
Natural Gas a Vector of Energy Transition
The Gas Exporting Countries Forum (GECF) supports the intention of the EU to consider gas as a sustainable source of energy under the new green labelling system, the Secretary General of the association of 19 leading gas-exporting countries has said. Speaking as a keynote at the 8th Session of the …
NOV: Provides Operational Update for the First Quarter 2021
NOV Inc. announced today that it expects operational disruptions and softer-than-anticipated customer orders will cause first quarter 2021 operating results to fall below prior guidance. “Unfortunately, the extreme winter weather across Texas and Oklahoma, the ongoing effects of COVID-19 lockdowns, and the continued spending austerity from our oilfield customers are combining to take …
LLC Gazprom Dobycha Urengoy Vaccinates Shift Personnel Against COVID-19
On March 14, an off-site vaccination of workers against COVID-19 took place at the Senoman shift housing complex of the Office for the Operation of shift camps of the company. Centrally vaccinated 470 people working on a rotational basis in distant gas and gas condensate fields. Employees of the Medical and …