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Tag: Oil production

Azerbaijan to Reduce Oil Production by 20,000 Barrels per Day

Azerbaijan will reduce oil production by 20,000 barrels per day relative to the figure for October 2018 – to 763,000 barrels, the Ministry of Energy…

Samruk-Kazyna netted KZT 825.3bn in Jan-Sep 2018

Following the first 9 months of 2018, Samruk-Kazyna Group of Companies has beaten the planned financial indicators. This was announced at the meeting of of…

SOCAR unveils data on drilling, production and export for Q3

The State Oil Company of Azerbaijan managed to stabilize oil production and dramatically increase natural gas extraction through raising the volume of drilling works in…

Lukoil 1H2018 production up

In the first half of 2018 LUKOIL Group’s hydrocarbon production excluding West Qurna-2 project was 2,287 thousand boe per day, which is 3.2% higher year-on-year….

Rosneft reports financial results for 1H2018

Consolidated IFRS financial results for 2Q 2018 and 1H 2018:   2Q 2018 1Q 2018 Change, % 1H 2018 1H 2017 Change, % Financial results…

Kazakhstan expects growth of oil production in Kashagan by 2024

The annual volume of oil production in Kashagan by 2024 is planned to increase to 13-16 million tons, Kazakhstan’s energy minister Kanat Bozumbayev said. “In…

KazMunayGas reports Q1 financial and operating results

SC National Company KazMunayGas, Kazakhstan’s vertically integrated oil and gas company, announced its IFRS financial results and operating highlights for the three-month period ended 31…

LUKOIL reports 1Q2018 financial results under IFRS

PJSC “LUKOIL” today released its condensed interim consolidated financial statements for the three-month period ended 31 March 2018 prepared in accordance with International Financial Reporting…

LUKOIL reports operating data for the first quarter

The LUKOIL Group’s average daily hydrocarbon production excluding West Qurna-2 project in the first quarter of 2018 was 2,286 thousand boe per day, which was…

Russia’s Rosneft Q1 profit jumps as oil market starts to rebalance

Russia’s Rosneft, the world’s biggest listed oil company by output, saw its net profit rise seven-fold in the first quarter, lifted by higher oil prices…

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