SURGUT: 5% UP
In January-July 2014, Surgutneftegas produced 35,630 thousand tonnes of crude oil.
For the year to date, crude output in the Republic of Sakha (Yakutia) equaled 4,378.3 thousand tonnes, 5% up versus seven months of the last year. For ten years of operation in Eastern Siberia, oil production reached 30,000 thousand tonnes.
In January-July 2014, overall gas production amounted to 5,401 million cubic meters.
For the year to date, in-house drilling reached 2,468 thousand meters of rock including exploratory drilling amounting to 123.7 thousand meters.
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BLOOMBERG - Russia has begun discussions with Exxon Mobil Corp. on possible new oil and gas projects, potentially creating a dilemma as the U.S. government mulls more sanctions against the country.
IMF - The agreement reached today reflects the IMF’s commitment to continue to help Ukraine achieve stronger, sustainable, and inclusive economic growth. The new program has been developed in close coordination with the World Bank and the European Union, who have parallel operations to support Ukraine. The authorities’ steadfast and effective implementation will be critical for the program to achieve its objectives.
CNBC - Ukraine announced on Friday it would raise household gas prices by nearly a quarter as Prime Minister Volodymyr Groysman warned that the country risked default if it crashed out of its International Monetary Fund aid program.
Schlumberger Announces Third-Quarter 2018 Results Revenue of $8.5 billion increased 2% sequentially Pretax operating income of $1.2 billion increased 5% sequentially EPS was $0.46 Cash flow from operations was $1.8 billion Free cash flow was $1.0 billion