TATNEFT Has Published an Official Statement of Action in the Context of the COVID-19 Virus Pandemic
TATNEFT posted an official statement on actions in the context of the COVID-19 virus pandemic on its website (http://www.tatneft.ru) and the Company opened a special information block STOPCOVID-19. The statement has been addressed to employees of the TATNEFT Group and their families, shareholders, investors, business partners, contractors, suppliers, customers, as …
Fugro’s Response to COVID-19 Pandemic
Fugro is taking appropriate measures during the COVID-19 pandemic to keep its employees, partners and clients safe and healthy while ensuring service delivery. Leidschendam, the Netherlands 06 Apr 2020 07:00 CET First priority is to protect the health and safety of employees, partners and clients The company is taking …
Volga Gas: Production Report for March 2020
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following update on its average production volumes for March 2020. Production Report The average production in March 2020 was 4,070 barrels of oil equivalent per day (3% lower than February 2020). The gas plant unit was working …
BP Details COVID-19 Response and Provides Market Update
BP today set out actions it is taking in response to the COVID-19 pandemic and ongoing market disruption. It also provided an update on factors expected to affect its first quarter results. Chief executive Bernard Looney said: “The world is in a fight against COVID-19 and I want to thank …
Caspian Sunrise: Well 150 Producing 500 bopd Day On a 7mm Choke
The Board of Caspian Sunrise is pleased to announce the successful perforation of New Well 150, the first of the planned infill wells on the MJF structure, and that the well is flowing at the rate of approximately 500 bopd using a 7 mm choke. The Board is also pleased to provide …
Eni, COVID-19 Update: 2020-2021 Business Plan Revision
With respect to the information disclosed to the market on 18 March 2020, Eni has concluded in advance a revision to its planned activities as a result of the sharp decrease in commodities prices and the foreseeable constraints arising from the COVID-19 pandemic. Specifically, Eni will reduce Capex in 2020 …
Equinor launches USD 3 Billion Action Plan to Strengthen Financial Resilience in 2020
Equinor presents updated outlook for 2020 and an around USD 3 billion action plan to strengthen the financial resilience in a market impacted by the COVID-19 and low commodity prices. Equinor can be organic cash flow neutral (1) before capital distribution in 2020 with an average oil price around USD …
IEA Executive Director and OPEC Secretary General Discussed the Current Situation in Global Oil Markets
[Joint Statement] Leaders expressed deep concerns about the grave global health crisis caused by the coronavirus (COVID-19) and its related impacts on the stability of economies and markets, notably in developing countries. The Executive Director of the International Energy Agency (IEA), Dr Fatih Birol, and the Secretary General of the Organization of …