Oil

RAEX (Expert RA) credit rating agency assigned PJSC Tatneft a nonfinancial company creditworthiness rating of ruAAA. The outlook for the rating is stable.

«Green seismic» technology, which leads to lower tree felling in seismic prospecting operations, is being prepared for roll-out across Gazprom Neft assets.

Statoil and partners ENI and Petoro have made a small gas discovery in the Blåmann well, between the Snøhvit and Goliat fields in the Barents Sea. Recoverable volumes are estimated at 1.5-3 billion standard cubic metres (BCM), approximately 10-20 million barrels of oil equivalent (BOE).

Marathon Petroleum Corp. (NYSE: MPC) will host a conference call Thursday, July 27, at 9 a.m. EDT to discuss 2017 second-quarter financial results, which will be released earlier that day, and to provide an update on company operations.

Statoil ASA and Queiroz Galvão Exploração e Produção (“QGEP”) have signed an agreement for Statoil to acquire QGEP’s 10% interest in the BM-S-8 licence in Brazil’s Santos basin.

Iran has set its sights on signing up to 10 upstream contracts with foreign oil companies by the middle of next year

Devon Energy Corp. (NYSE: DVN) announced today it has brought online a record-setting Meramec well and commenced production on several high-rate wells in the core of the over-pressured oil window of the STACK play during the second quarter of 2017

IEA’s annual investment benchmark shows spending on electricity sector for the first time exceeded combined spending on fossil fuels

The latest stage in Gazprom Neft’s construction of a new advanced oil refining complex (AORC) has now been completed at its Omsk Refinery — one of a series of key projects in its full-scale modernisation of the plant

According to the results of the corporate contest "Best filling stations of OOO Tatneft-AZS Center branches for 2017” AZS-24 of the Almetyevsk branch located at 13,Avtodorozhnaya Street, Zainsk, has been recognized as the winner.

Balkan countries are developing models for proposed natural gas transmission systems in anticipation of future deliveries from Azerbaijan, a US adviser said, and their work will be integrated into a regional plan by the end of the year

Gazprom Neft has signed a Memorandum of Understanding with Spain’s Repsol

The Magnum gas power plant has three combined cycle gas turbines (CCGT) with a capacity of 440 MW each. One CCGT emits approximately 1.3 million tons of CO2 per year.