Russian and Caspian Oil and Gas News

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Sat, 23 Aug 2014
Weatherford Recommends Rejection of “Mini-Tender” Offer by TRC Capital Corporation
Weatherford International plc has received notification of an unsolicited “mini-tender” offer by TRC Capital Corporation to purchase up to 5,000,000 shares, ......
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Fri, 22 Aug 2014
NADL – North Atlantic Drilling: Announces Acquisition of Land Drilling Rigs in Russia
North Atlantic Drilling Ltd.  is pleased to announce that an agreement has been signed whereby NADL will purchase ......
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Fri, 22 Aug 2014
Shelton Petroleum: Interim Report January-June 2014
January – June 2014 Total revenue for the period: SEK 63 (46) million Operating result for the period: ......
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Fri, 22 Aug 2014
Fifth Anniversary of Commercial Oil Production Start on Vankor Field
The commercial production of Vankor oil, gas and condensate field started on September 21, 2009. In the period ......
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Thu, 21 Aug 2014
Gazprom Neft Commences First Sea Transportation from the Novy Port Field
Gazprom Neft has made a summer shipment of oil from the Novy Port oil field, with crude oil ......
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Thu, 21 Aug 2014
TatNIPIneft Develops Water-Swellable Elastomer Powder
TATNEFT Company is successfully implementing the technology developed by TatNIPIneft to reduce water influx in carbonate reservoirs through ......
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Wed, 20 Aug 2014
Exillon Energy: Produces Unaudited 17,440 bbl/day in July
Exillon Energy plc , a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora  and ......
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Wed, 20 Aug 2014
Eriell Group Sets New Records in Western Siberia Arktikgaz Project
ERIELL Group is surpassing its own records in the ARKTIKGAZ Project, Urengoy oil and gas condensate field. So, in June of this ......
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Wed, 20 Aug 2014
Lukoil Completes Dividend Payment Based on 2013 Financial Performance
By virtue of the decision made at the Annual General Meeting of OAO LUKOIL of June 26, 2014, the company ......
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Wed, 20 Aug 2014
Lukoil Ships First Batch of Compensation Oil as Part of West Qurna-2 Project in Iraq
Sea Triumph, a tanker chartered by LITASCO (an international marketing subsidiary of OAO LUKOIL), left the port of ......
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Tue, 19 Aug 2014
PetroNeft Resources: Kick Starts Drilling Program After Farm Out Plus Commencing Major Seismic Program
PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased ......
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Tue, 19 Aug 2014
Roxi Petroleum: BNG Well A5 Now Exceeds Initial Expectations
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update ......
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Mon, 18 Aug 2014
New SPE Caspian Conference Series Tackles Opportunities And Challenges In Region’s E&P Industry
The Society of Petroleum Engineers (SPE) introduces The SPE Annual Caspian Technical Conference and Exhibition (CTCE), November 12-14 ......
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Mon, 18 Aug 2014
Rosneft and Statoil Start Exploration Operations on the Norwegian Continental Shelf in the Barents Sea
18th of August, Rosneft together with Norwegian company Statoil Petroleum AS started exploration operations at the Pingvin License ......
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Mon, 18 Aug 2014
MAGE Expedition Reached the North Pole
Scientific research vessel “Academik Fedorov” accompanied by nuclear “Yamal” ice breaker successfully crossed the North Pole. Marine Arctic ......
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Mon, 18 Aug 2014
The Company Mage Completer Field Work on Black Sea Shelf
Marine Arctic Geological Expedition (JSC MAGE) successfully completed a comprehensive geological and geophysical exploration on the South-Chernomorsky license ......
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Thu, 14 Aug 2014
Pacific Energy Development Announces 2nd Quarter Results With Revenues Increasing More Than 10x Over Same Period Last Year With a Commensurate Increase in Reserves
PEDEVCO Corp, Pacific Energy Development, reported 2nd quarter results yesterday and will host a conference call to discuss these results ......
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Thu, 14 Aug 2014
Rosneft: Looks to Tap State for $41bn Rb to Bridge Sanction Funding gap
Igor Sechin, the head of Russian oil giant Rosneft, has asked the government to provide the company with 1.5 ......
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Thu, 14 Aug 2014
Boskalis to Launch Share Buyback Program
Royal Boskalis Westminster N.V. (Boskalis) announces the start of its share buyback program. Within the framework and based ......
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Thu, 14 Aug 2014
Boskalis Posts Record Profit in First Half of Year
HIGHLIGHTS FIRST HALF 2014 -  Revenue exceeds EUR 1.5 billion -  EBITDA: EUR 466 million -  Net profit: EUR 253 million ......
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Tue, 12 Aug 2014
Schlumberger: Russian Operational Update – Confident Can Support Russian Clients Without Material Disruption
Based on a high demand for additional information regarding its business in Russia, Schlumberger Limited provided the following ......
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Tue, 12 Aug 2014
Gazprom Neft Reports IFRS Financial Statements for 1H 2014
Gazprom Neft has published its consolidated financial results for 1H 2014, in accordance with International Financial Reporting Standards. ......
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Tue, 12 Aug 2014
Shelton Petroleum: Continues Year on Year Doubling of Production at Rustamovskoye
Shelton Petroleum’s total oil production in July 2014 amounted to 27,710 barrels, equivalent to 894 barrels per day. ......
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Tue, 12 Aug 2014
OneSubsea, Helix and Schlumberger to Form Subsea Well Intervention Alliance
OneSubsea™, a Cameron and Schlumberger company, Helix Energy Solutions Group, Inc. and Schlumberger today announced that they have ......
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Tue, 12 Aug 2014
International Petroleum: Sale of Russian Assets and Loans Swapped to Shares
International Petroleum Limited advises that it  has entered into share purchase agreement pursuant to which it will sell ......
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Mon, 11 Aug 2014
Arctech Receives an Order of Three Icebreaking Stand-by Vessels from Sovcomflot
Arctech Helsinki Shipyard signed a contract for building of three icebreaking stand-by vessels for Russia´s largest shipping company ......
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Mon, 11 Aug 2014
Roxi Petroleum: Issues 600,000 Shares
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, announces that following the exercise ......
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Mon, 11 Aug 2014
Roxi Petroleum: BNG Update – 33m Of Gross Oil Baring Interval
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update ......
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Mon, 11 Aug 2014
C.A.T. oil AG: Retains 2014 Outlook and 390m Euro Investment – Sanctions Not to Have an Effect
C.A.T. oil AG,one of the leading providers of oil and gas field services in Russia and Kazakhstan, reiterates ......
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Sat, 09 Aug 2014
Rosneft and ExxonMobil’s Karmorneftegaz Start Drilling With West Alpha in the Kara Sea
Rosneft and ExxonMobil joint venture company Karmorneftegaz began drilling of Universitetskaya-1, the Russian Federation’s northernmost well using the ......
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Fri, 08 Aug 2014
J D Neuhaus Purpose Designed Hoists Are Suitable For Heavy Duty Underwater Operation
Lifting and handling products manufactured by the J D Neuhaus company are engineered for performance, reliability and longevity ......
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Fri, 08 Aug 2014
New Generation 3M Proppants – Applications In Hydraulic Fracturing
Sergey Papkov – 3M Oil&Gas Advanced Application Development Engineer Horizontal wells drilling instead of vertical wells allows to ......
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Thu, 07 Aug 2014
Rosneft and Russian Geographical Society Launch Elaboration of Program on Arctic Scientific Development
Member of the Rosneft Board of Directors, RF President’s Special Envoy for International Cooperation Representative in the Arctic ......
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Thu, 07 Aug 2014
Surgutneftegas Operating Results for seven Months of 2014
In January-July 2014, Surgutneftegas produced 35,630 thousand tonnes of crude oil. For the year to date, crude output in ......
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Thu, 07 Aug 2014
Putin Ups Organic Matter Sanction Games
Russian President Vladimir Putin on Wednesday ordered government agencies to ban the import of agricultural and food products ......
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Thu, 07 Aug 2014
Roxi Petroluem: Issues Shares to Zhanat Bukenova In Return for $500,000 of Debt
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, announces that it has agreed ......
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Wed, 06 Aug 2014
LUKOIL Continues Optimization Of Asset Structure In Central Europe
OAO LUKOIL has signed contracts with MOL Plc. and Norm Benzinkút Kft on the sale of assets in ......
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Wed, 06 Aug 2014
KMG EP: Profit Up Five Fold Due to Foreign Exchange Gains
KazMunaiGas Exploration Production announces its condensed consolidated interim financial statements for the six months ended 30 June 2014. ·    Net profit for ......
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Tue, 05 Aug 2014
Roxi Petroleum: Successful Core Samples at BNG
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the ......
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Tue, 05 Aug 2014
Pacific Energy Development: Purchases 5% of Caspain Energy Inc to Enter the Kazak Market
PEDEVCO Corp., Pacific Energy Development, an energy company engaged in the acquisition and development of strategic high-value energy ......
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Tue, 05 Aug 2014
National Oilwell Varco Announces Second Quarter 2014 Earnings and Warns of Impact of Russian Sanctions
National Oilwell Varco, Inc. today reported that for its second quarter ended June 30, 2014, it earned net income ......
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Tue, 05 Aug 2014
Cadogan Operations Update
The Company has noted that the Ukrainian Government last week passed emergency budget legislation increasing production taxes for ......
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Mon, 04 Aug 2014
CGG: 2014-2016 Transformation Plan – Intensified, accelerated and implemented in 2014
Resilient second quarter operating income  in weak market conditions CGG a world leader in Geoscience announced today its non-audited ......
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Mon, 04 Aug 2014
Max Petroleum: Raises $63m from AGR Energy
Max Petroleum is pleased to announce that it has raised approximately £37.1 million (approximately US$62.5 million) before expenses ......
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Mon, 04 Aug 2014
Gazprom Neft Begins Exploratory Drilling in Kurdistan
Gazprom Neft has begun drilling an exploration well at the Shakal block in Kurdistan (Iraq) and is soon ......
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Fri, 01 Aug 2014
Offshore Marintec Russia: Key Issues of the Arctic Shelf Development
October 7-10, 2014 in St. Petersburg Offshore Marintec Russia will bring together representatives of state authorities, experts from ......
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Fri, 01 Aug 2014
Kara-Summer 2014 Arctic Field Expedition Started
The research and development expedition to investigate ice and metocean conditions in the Russian arctic organized by The ......
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Fri, 01 Aug 2014
Rosneft Closes the Deal for the Acquisition of Oil Field Services from Weatherford International
Rosneft announces the close of the deal for the acquisition of land drilling and workover assets of Weatherford ......
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Thu, 31 Jul 2014
Yukos Oil Company Secures Largest Ever Award From European Court Of Human Rights
€1.9 billion ($2.5 billion) is the largest award ever made by ECtHR by a factor of twenty-one times. ......
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Thu, 31 Jul 2014
EU Expands Sanction List Against Russia, Ukraine
The European Union has added another eight people and three companies to the ‘blacklist’ against Russia and Ukraine, ......
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rss feedsLatest International O&G News:
Wed, 20 Aug 2014
Production shutdown on Troll C
Statoil shut down production on the Troll C platform in the North Sea on Sunday 17 August after ......
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Tue, 19 Aug 2014
Gudrun officially opened
On 19 August Norwegian prime minister Erna Solberg officially opened the Gudrun platform in the North Sea. This ......
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Tue, 19 Aug 2014
Notifiable trading
The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 August 2014 for use in ......
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Mon, 18 Aug 2014
Notifiable trading
On behalf of Statoil (OSE:STL, NYSE:STO), DNB has on 15 August 2014 purchased 534,089 shares for use in ......
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Thu, 14 Aug 2014
Notice of Proposed Voluntary Dismissal of a Shareholder Derivative Action
SAN RAMON, Calif., August 14, 2014 –This notice relates to a proposed voluntary dismissal of a shareholder derivative ......
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Fri, 08 Aug 2014
Integrated drilling service agreement to Schlumberger Norway
Schlumberger Norway has been awarded a contract with Statoil to provide integrated drilling services for the Norwegian continental ......
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Thu, 07 Aug 2014
Statoil completes 2014 Hoop exploration programme
Operator Statoil has together with its partner Idemitsu Petroleum Norge made a small gas discovery in the Mercury ......
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Fri, 01 Aug 2014
Chevron Reports Second Quarter Net Income of $5.7 Billion
SAN RAMON, Calif., August 1, 2014 – Chevron Corporation (NYSE: CVX) today reported earnings of $5.7 billion ($2.98 ......
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Wed, 30 Jul 2014
Chevron Announces Quarterly Dividend (July 30, 2014)
Chevron Announces Quarterly Dividend (July 30, 2014)...
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Mon, 28 Jul 2014
Valemon installed
On Monday 28 July the topsides were lifted into place on the steel jacket on the Valemon field ......
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Mon, 28 Jul 2014
Notifiable trading
The following primary insiders in Statoil ASA (OSE: STL, NYSE: STO) have sold shares in Statoil ASA: ......
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Fri, 25 Jul 2014
2014 second quarter results
Statoil's (OSE:STL NYSE:STO) second quarter 2014 net operating income was NOK 32.0 billion, a decrease of NOK 2.3 ......
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Wed, 23 Jul 2014
Statoil awarded licence offshore Colombia
Statoil has been awarded interest in the COL4 licence offshore Colombia in the Caribbean Sea in the 2014 ......
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Mon, 21 Jul 2014
Production resumes on Njord A
Statoil resumed oil and gas production on the Njord A platform in the Norwegian Sea on 19 July, ......
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Mon, 21 Jul 2014
Commercial Production Begins at Chevron’s New Premium Base Oil Plant
Chevron Corporation subsidiary Chevron U.S.A. Inc. announced that it has begun commercial production of premium base oils from ......
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Thu, 17 Jul 2014
Notifiable trading
The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 July 2014 for use ......
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Wed, 16 Jul 2014
Notifiable trading
On behalf of Statoil (OSE:STL, NYSE:STO), DNB has on 15 July 2014 purchased 493,150 shares for use in ......
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Thu, 10 Jul 2014
Chevron Issues Interim Update for Second Quarter 2014
Chevron Corporation today reported in its interim update that earnings for the second quarter 2014 are expected to ......
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Fri, 04 Jul 2014
Temporary rig portfolio allocation
Owing to overcapacity in its rig portfolio, Statoil will suspend its contract with Saipem for the rig Scarabeo5 ......
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Thu, 03 Jul 2014
Portfolio adjustments in Angola
Statoil is divesting equity in blocks 38 and 39 in the Kwanza basin offshore Angola. ......
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Fri, 13 Jun 2014
Chevron Announces Sale of Interests in Chad and Cameroon
Chevron Corporation today announced that its subsidiary, Chevron Global Energy Inc., has sold its 25 percent non-operated interest ......
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Tue, 10 Jun 2014
Chevron Increases Support for Niger Delta Partnership Initiative
Chevron Corporation announced today that it is increasing its support to the Niger Delta Partnership Initiative (NDPI) Foundation....
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Wed, 28 May 2014
Chevron Highlights 2013 Performance and Future Growth at Annual Meeting of Stockholders
SAN RAMON, Calif., May 28, 2014 – Chevron Corporation (NYSE: CVX) today provided an overview of the company’s ......
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Wed, 07 May 2014
Chevron Corporation Reaches Settlement Agreement With Patton Boggs Law Firm
SAN RAMON, Calif., May 7, 2014 – Chevron Corporation (NYSE: CVX) today announced it has reached a settlement ......
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Fri, 02 May 2014
Chevron Reports First Quarter Net Income of $4.5 Billion
Chevron Corporation today reported earnings of $4.5 billion ($2.36 per share – diluted) for the first quarter 2014, ......
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Wed, 30 Apr 2014
Chevron Announces Quarterly Dividend (April 30, 2014)
Chevron Announces Quarterly Dividend (April. 30, 2014)...
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Thu, 31 Jan 2013
Zapolyarnoye field – 130 billion cubic meters per year
On January 15, 2013 the Zapolyarnoye field was brought to its full design capacity — 130 billion cubic ......
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Wed, 10 Oct 2012
We are 28 year-old company!
On October 1, 2012 Gazprom dobycha Yamburg turned 28 years old. To celebrate Company’s establishment festive events were ......
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Thu, 13 Sep 2012
To battle with new vigour
Karatekas of children’s sports school Yamburg returned from Bulgaria where during three weeks they were in the training ......
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Wed, 11 Jul 2012
XI open young specialists’ contest completed
XI open contest of young specialists completed in Gazprom dobycha Yamburg. The winners were awarded certificates for employment ......
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Wed, 11 Jul 2012
Best ecologist – in Gazprom dobycha Yamburg
Oksana Maklyuk, head of Gazprom dobycha Yamburg environmental protection division, was named the best ecologist....
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Mon, 09 Jul 2012
World champion from Gazprom dobycha Yamburg
On June 23-24, 2012 the town of Isesaki (Japan) hosted IV Open IKO Matsushima World Championship. The world ......
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Wed, 13 Jun 2012
Signal for summer
Gazprom dobycha Yamburg LLC opened summer recreational season. The first shift began in children’s camp Signal in the ......
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Tue, 29 May 2012
Yamburg Cup Ended in Victory of Russians
On May 19, 2012 in Novy Urengoy Gazprom dobycha Yamburg sport centre hosted IV Regular Open International Kyokushinkai ......
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Thu, 12 Apr 2012
State Duma Energy Committee in Novy Urengoy
On 5-7 April, 2012 RF State Duma deputies paid a visit to the Yamal- Nenets Autonomous Okrug (YaNAO)....
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Tue, 10 Apr 2012
We are not at a stop
Gazprom dobycha Yamburg LLC presented innovative technologies implemented into production over last three years at “Gas. Oil. New ......
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Fri, 17 Feb 2012
Give Yamburg!
In January 2012 thirty years passed since the arrival of the first tractor-sledge train to Yamburg. That event ......
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Fri, 17 Feb 2012
2011 Year in Review
The main event of the previous year for Gazprom dobycha Yamburg became the development of Neocomian (Valanginian) deposits ......
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Fri, 17 Feb 2012
Questions and Answers
Rotation settlement Novozapolyarny (the Zapolyarnoye oil and gas condensate field) hosted the traditional meeting of the management and ......
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Fri, 17 Feb 2012
German schoolchildren visited Gazprom dobycha Yamburg
The schoolchildren from Germany and Novy Urengoy gymnasium visited Gazprom dobycha Yamburg....
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Tue, 02 Aug 2011
New Environmental Policy of Gazprom dobycha Yamburg
New environmental policy based on environmental principles of OAO Gazprom was approved and put into effect in Gazprom ......
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