Oil

 

Gazprom Neft implemented a range of major projects directed at improving APG utilisation between 2010 and 2017.

Statoil (OSE:STL, NYSE:STO) reports adjusted earnings of USD 2.3 billion and USD 0.8 billion after tax in the third quarter of 2017. IFRS net operating income was USD 1.1 billion and the IFRS net income was negative USD 0.5 billion

Hess Corporation (NYSE: HES) today announced several additional steps in the continued execution of its strategic plan to further focus the company’s portfolio and allocate capital to higher return assets

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 56.38 per barrel (bbl) on 23.10.2017.

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 56.07 per barrel (bbl) on 19.10.2017.

Statoil’s board of directors and chief executive Eldar Sætre have agreed that Sætre will continue as CEO after he turns 62 in February 2018. Eldar Sætre will thus not use his contractual right to retire at the age of 62.

Torxen Energy and Schlumberger Sign Agreement to Purchase Palliser Block in Canada from Cenovus Energy

\Gazprom Neft (rated AAA-RU by the Analytical Credit Rating Agency (ACRA)) has successfully closed the book building for its 001R-03R-series exchange-traded bonds, with a total nominal value of RUB25 billion, a maturity of five years, and a semi-annual coupon period.

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 56.37 per barrel (bbl) on 16.10.2017

Americas crude tankers gain on US exports.

Global Crude oil price of Indian Basket was US$ 55.08 per bbl on 12.10.2017.

Iran's state-owned NIOC has opened the possibility of the country raising its crude production capacity to 6mn b/d, up from close to 4mn b/d today

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 54.79 per barrel (bbl) on 10.10.2017.

Statoil and partners have made an oil discovery in the Verbier sidetrack well in the outer Moray Firth on the UK Continental Shelf, proving a minimum of 25 million recoverable barrels of oil in the immediate vicinity of the wellbore.

Gazprom Neft and PTT Public Company Limited (“PTT”), Thailand’s largest oil and gas company, have signed a Memorandum of Understanding (MoU), promoting mutually beneficial cooperation between the two companies