Conference and Exhibition News and Updates

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 …

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Eurasia Journal News

OPEC Holds 4th High-Level Meeting of the OPEC-India Dialogue

The OPEC Secretariat hosted the 4th High-Level Meeting of the OPEC-India Dialogue on 05 November 2020 via videoconference. The Meeting was co-chaired by HE Mohammad Sanusi Barkindo, Secretary General of OPEC and HE the Honourable Dharmendra Pradhan, India’s Minister of Petroleum and Natural Gas and Minister of Steel. The meeting …

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Eurasia Journal News

Eni: Results for the Third Quarter and Nine Months of 2020

Eni’s Board of Directors approved the consolidated results for the third quarter and the nine months of 2020 (not subject to audit). Having examined the results, Eni CEO Claudio Descalzi said: “In a market environment that remains challenging, we are continuing to successfully mitigate the negative impact of this crisis …

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Eurasia Journal News

NOVATEK: Announces Consolidated IFRS Results for the Third Quarter and the Nine Months 2020

PAO NOVATEK today released its consolidated interim condensed financial statements as of and for the three and nine months ended 30 September 2020 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial Highlights (in millions of Russian roubles except as stated) 3Q 2020 3Q 2019   9M 2020 …

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Russia Oil Gas Magazine

Baker Hughes Company: Announces Third Quarter 2020 Results

Baker Hughes Company announced results today for the third quarter of 2020. “Despite continued uncertainty in global oil and gas markets and the ongoing impact of the COVID-19 pandemic, we produced solid results in the third quarter of 2020. I am pleased with the continued execution on cost-out from our …

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Eurasia Journal News

NOVATEK Shipped First LNG Cargo to United Arab Emirates

PAO NOVATEK announced today that NOVATEK Gas & Power Asia Pte. Ltd., a wholly owned subsidiary, shipped the first cargo of liquefied natural gas (“LNG”) from the Yamal LNG project to the United Arab Emirates under a spot contract. The LNG cargo was transshipped in Europe onto the conventional LNG …

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Eurasia Journal News

NOVATEK’s Board of Directors Approved Environmental Targets for the Period up to 2030

The Board of Directors of PAO NOVATEK discussed the progress implementing the Company’s Corporate Strategy and approved environmental targets for the period up to 2030, including atmospheric emissions reduction, associated petroleum gas utilization and waste disposal. The full list of the Company’s environmental targets is available at http://www.novatek.ru/en/development/. The Company’s …

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Eurasia Journal News

NOVATEK Shipped First LNG Cargo to Japan via Northern Sea Route

PAO NOVATEK announced today that NOVATEK Gas & Power Asia Pte. Ltd., a wholly owned subsidiary, shipped the first cargo of liquefied natural gas (“LNG”) from the Yamal LNG project to Japan transported eastbound via the Northern Sea Route. The LNG cargo was delivered by the LNG tanker “Vladimir Rusanov” under a …

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Eurasia Journal News

NOVATEK Reports Preliminary Operating Data for the First Quarter 2020

PAO NOVATEK reported today preliminary operating data for the first quarter 2020. In the first quarter 2020, NOVATEK’s hydrocarbon production totaled 150.2  million barrels of oil equivalent (boe), including 19.08 billion cubic meters (bcm) of natural gas and 3,048 thousand tons of liquids (gas condensate and crude oil), resulting in …

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Eurasia Journal News

Sakhalin Energy Offloaded 1,800th Standard LNG Cargo

Earlier today at the Port of Prigorodnoye, the 1,800th LNG cargo produced at the Sakhalin-2 LNG plant operated since 2009, was loaded onto the Hyundai Aquapia LNG carrier. The destination country for this cargo, purchased by KOGAS company, is South Korea. It is also worth to note that this is …

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