Russia
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Saudi Arabia, Russia Differ in OPEC+ Meeting
Monday, 22nd February 2021
Saudi Arabia and Russia are once again on contrary before crucial OPEC+ meeting about the oil market, according to Bloomberg.
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LUKOIL’s Hydrocarbon Reserves Reach 15.4 Billion Barrels
Wednesday, 17th February 2021
LUKOIL Company announced that it has achieved total proved hydrocarbon reserves of 15.38 billion barrels (bbl) of oil equivalent, 76% of which stood for liquids until the end of December 2020.
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Russia Signs Oil Production Agreement for Boosting Priobskoye Filed Production
Tuesday, 9th February 2021
Rosneft Company along with the Russian Ministry of Finance and the Ministry of Natural Resources and the Environment has signed an investment agreement for boosting oil production in the Priobskoye field in the form of an annual mineral extraction tax (MET) deduction reaches RUB 46 billion.
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Pipe-Laying in Nord Stream 2 Resumes in Denmark
Sunday, 7th February 2021
The Nord Stream 2 project’s consortium announced that the works of pipeline laying in the water of Denmark has been resumed.
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NOVATEK Joins Arctic Economic Council
Thursday, 4th February 2021
NOVATEK company announced that it has formally joined the Arctic Economic Council (AEC).
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TATNEFT Adopts Science-Based Targets to Reduce GHG Emissions
Wednesday, 3rd February 2021
TATNEFT company announced that it will develop and adopt science-based targets to reduce greenhouse gas (GHG) emissions and decarbonization within two years.
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PAO Novatek, Nuovo Pignone Sign Agreement for CO2 Emission Reduction
Tuesday, 2nd February 2021
PAO Novatek, a subsidiary of Novatek, has signed a cooperation agreement with Nuovo Pignone, a part of Baker Hughes Company, aiming at reducing carbon dioxide CO2 emissions.
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LUKOIL, Gazprom Discuss JV Establishment
Sunday, 24th January 2021
The President of LUKOIL, Vagit Alekperov and Chairman of the Management Committee of Gazprom, Alexey Miller, have discussed the progress in establishing a joint venture to implement the project of developing Vaneyvisskoye and Layavozhskoye fields.
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Saudi Arabia Keeps To Rank as Oil Supplier to China in 2020
Thursday, 21st January 2021
Saudi Arabia, which is the largest oil exporter in the world, keep its ranking as the first oil supplier for China during 2020, beating Russia .
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Cryogas-Vysotsk Produces First 1 MMT of LNG
Wednesday, 20th January 2021
Russian Novatek company announced that its joint venture with Gazprombank, Cryogas-Vysotsk has produced the first one million tons of liquified natural gas (LNG) since the launch of the project in 2019.
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El Molla Showcases Ramallah Visit Results Before Cabinet
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Hungary Considers Importing Natural Gas from Egypt
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Egypt, Palestine to Develop Gaza Gas Field
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021