Rosneft Vaccinates Employees
PJSC NK Rosneft has started vaccination of its employees in order to protect against COVID – 19. The first batch (50 thousand pieces) of Russian-made vaccine approved by the Ministry of Health of the Russian Federation was received by the Company. To remove the risk of morbidity, first of all, …
Tengizchevroil: Announces 2020 Year-End Results
Tengizchevroil LLP (TCO) announced today its business performance results for 2020. Throughout 2020, TCO maintained a high focus on health and safety to protect its people and the business. Despite the COVID-19 pandemic and challenging oil market conditions, production remained uninterrupted and strong safety and environmental performance was observed across …
OPEC’s 8th International Seminar Postponed to 29-30 June 2022
The Organization of the Petroleum Exporting Countries (OPEC) has postponed its 8th International Seminar until next year due to the COVID-19 pandemic. The Seminar, originally scheduled for 16-17 June 2021, will now be held on 29-30 June 2022 at the Hofburg Imperial Palace in Vienna, Austria. OPEC Secretary General, HE …
Gazprom Neft 9M 2020 Net Profit Reaches RUB36.2 Billion
Gazprom Neft today announces its consolidated IFRS financial statements for the nine months (9M) and third quarter (Q3) of 2020. Lower oil and petroleum product prices in the domestic and international markets continued to impact the Company’s financial performance in Q3 2020, as did the limited recovery in demand for energy resources under COVID-19 restrictions …
JMMC Reaffirms Commitment to Full Conformity
The 24th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Tuesday, 17 November 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation. The Committee reviewed the …
Despite Pandemic’s iImpact, World’s Leading Exporters Upbeat About Future of Natural Gas
It’s available in abundance, flexible enough to reach far-flung corners of the globe, less polluting to the environment, and yet the full promise of natural gas will unfold once the world is past the coronavirus pandemic, according to energy ministers of the leading gas exporting countries at a Ministerial Roundtable …
Stratview Research: FRP Pipes & Tanks Market Analysis with COVID-19 Impact
Stratview Research announces the launch of a new research report on FRP Pipe & Tank Market by Type (FRP Pipe and FRP Tank), by Application Type (Oil & Gas, Chemical/Industrial, Water/Wastewater, and Marine & Offshore), by Resin Type (Polyester, Vinyl Ester, and Epoxy), by Manufacturing Process Type (Filament Winding, Centrifugal Casting, Hand Lay-up, …
GECF: Ministerial Meeting and Associated Events to be Held Virtually
The yearly Ministerial Meeting of the Gas Exporting Countries Forum (GECF) will take place on 12 November under the rotating Presidency of the Democratic People’s Republic of Algeria. The meeting, and its related events, will convene virtually owing to the COVID-19 pandemic. The 22nd Ministerial Meeting will discuss the current …
Gazprom Neft: Together with Partners, is Concentrating on Maintaining the Stability of the Oilfield Services Market
Gazprom Neft held an annual meeting with partners that provide oilfield services. The online conference brought together over 150 representatives of the company and contractors. One of the most important topics of the meeting was the preservation of the stability of the oilfield services market in the context of the COVID-19 …
The Big Oil to Big Energy Transition
Geopolitical, sociological, and economic factors that shape the future of the energy sector Preface Current global energy consumption forecasts indicate that although renewables are set to expand by 50% between 2020 and 2025, they will not fully replace fossil fuels in our lifetimes. However, if recent geopolitical, economic, and sociological …