Tag Archive

NOVATEK Reports Preliminary Operating Data for Nine Months 2017

NOVATEK Reports Preliminary Operating Data for Nine Months 2017

October 16, 2017 No Comments

PAO NOVATEK (“NOVATEK” and/or the “Company”) reported preliminary operating data for the nine months 2017. NOVATEK’s marketable hydrocarbons production totaled 374.7 million barrels of oil equivalent (boe), including 46.03 billion cubic meters (bcm) of natural gas and 8,806 thousand tons of liquids (gas condensate and crude oil), resulting in a decrease in total hydrocarbons production […]

Rosneft and CEFC Sign Strategic Cooperation Agreement

Rosneft and CEFC Sign Strategic Cooperation Agreement

September 5, 2017 No Comments

Rosneft and CEFC China Energy Company Limited signed a Strategic Cooperation Agreement and a contract for the supply of Russian crude oil at the 9th BRICS summit. The documents were signed by Igor Sechin, Rosneft Chief Executive Officer, and Chan Chauto, CEFC China President. The Strategic Cooperation Agreement suggests developing joint exploration and production projects […]

Gazprom Announce Results for the six months ended June 30, 2017

Gazprom Announce Results for the six months ended June 30, 2017

August 30, 2017 No Comments

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, 2017. The table below presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS for the six months ended June 30, 2017 and for the six months […]

Iran may start oil supplies to Russia

Iran may start oil supplies to Russia

August 25, 2017 No Comments

Moscow and Tehran may shortly agree upon conditions for sale of 100,000 oil barrels per day, according to the Russian energy minister Iran can start deliveries to Russia under the “oil-for-goods” program within the next month, Russian Energy Minister Alexander Novak told reporters according to a TASS report. “We are finalizing the last details of […]

Tags: ,
Tamanneftgas oil and gas company Bus crash

Tamanneftgas oil and gas company Bus crash

August 25, 2017 No Comments

Sixteen people have been killed when a bus fell into the sea in the Krasnodar Region, the regional department of the Emergencies Ministry told TASS . “Sixteen people have been killed in the bus crash, and 24 have been rescued,” the official said. Eight out of 24 rescued people were hospitalized. The bus has been […]

Russia Still China’s No.1 Crude Supplier

Russia Still China’s No.1 Crude Supplier

August 24, 2017 No Comments

Russia continued to be China’s biggest crude oil supplier in July for a fifth consecutive month, while Chinese refineries have been taking in more Brent-price-linked West African crude at the expense of sour Middle Eastern varieties as OPEC’s cuts led to narrower price differentials making African oil more attractive for buyers. China’s crude oil imports […]

BUMI ARMADA SIGNS USD134 MILLION CONTRACT WITH LUKOIL

BUMI ARMADA SIGNS USD134 MILLION CONTRACT WITH LUKOIL

August 15, 2017 No Comments

Bumi Armada Berhad’s wholly owned subsidiary Bumi Armada Caspian LLC (“BAC”) has signed a supplementary agreement with LUKOIL-Nizhnevolzhskneft LLC (“LUKOIL”) (“Supplementary Agreement”) for additional Engineering, Procurement, Construction and Installation (“EPCI”) scope. The additional scope will involve Bumi Armada’s Subsea Construction assets to lay subsea pipelines and undertake post trenching and back-filling works on sections of […]

OPEC daily basket price

OPEC daily basket price

August 9, 2017 No Comments

The price of OPEC basket of fourteen crudes stood at $50.49 a barrel on Tuesday 8 August 2017, compared with $50.04 the previous day, according to OPEC Secretariat calculations. The Joint OPEC-Non-OPEC Technical Committee (JTC) held an extraordinary session in Abu Dhabi, the UAE, with some of the producing countries participating in the Declaration of […]

Oil Business News To 31st July 2017

Oil Business News To 31st July 2017

August 1, 2017 No Comments

The price of OPEC basket of fourteen crudes stood at $49.97 a barrel on Monday 31st July, compared with $49.46 the previous Friday, according to OPEC Secretariat calculations The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Rabi Light (Gabon), Iran Heavy (Islamic Republic […]

JKX Oil & Gas Announce Half-year Report

JKX Oil & Gas Announce Half-year Report

August 1, 2017 No Comments

In the first half of the year, average production decreased by 17.3% to 8,598 boepd with a focus away from enhancements projects and resources committed instead to the appraisal program in Ukraine, the results of which are discussed in the Chief Executive’s Statement. The Company has focused on tight control over cash, enabling the funding […]

Page 1 of 2612345»1020...Last »