North Danilovsky News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Norwegian company Equinor has acquired a 49% interest in the limited liability company KrasGeoNaC (KGN) to expand its onshore presence in Russia.

Oil companies, refiners, shippers and traders are all weighing their involvement and exposure to Russia after financial sanctions were imposed in response to the invasion of Ukraine. Dated Brent was assessed by S&P Global Platts at $103.20/b, up $3.70, while American GulfCoast Select was assessed at $97.75/b, up $3.14. “It [sanctions] will likely make many ...

Norwegian energy group Equinor said on Monday it will start the process of divesting from its joint ventures in Russia amid Moscow's invasion of Ukraine.... | February 27, 2022

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OE Staff Credit: Equinor Norwegian oil and gas firm Equinor has increased its presence in the Russian onshore oil and gas assets, and has pulled out from offshore commitments in the Sea of Okhotsk on the Russian Far East. In an agreement with the Russian oil company Rosneft, Equinor has acquired a 49% interest in the limited liability company LLC KrasGeoNaC (KGN) which holds twelve conventional onshore exploration and production licenses in Eastern Siberia.  One of these twelve licenses, the North Danilovsky development, started production in July this...