Alliance Oil Company: Operational update for 2012
In 2012, Alliance Oil Company’s total upstream volumes increased by 10% to 19.7mbbl (53,900 bopd) from 17.9 mbbl (49,000 bopd) in 2011. The preliminaryrefining volumes in 2012 increased by 13% to 29.3 mbbl (80,100 bopd) from 26.9 mbbl (73,650 bopd). Preliminary crude oil and oil product sales amounted to 19.3 mbbl and 29.9 mbbl respectively in …
RPI: Oil Well Stimulation and Enhanced Oil Recovery Markets in Russia and Forecasts for These Markets Until 2020
RPI, a leading provider of research on the energy sector of Russia, the Caspian region, Central and Eastern Europe, would like to bring to your attention the analytical report “Oil Well Stimulation and Enhanced Oil Recovery Markets in Russia and Forecasts for These Markets Until 2020” The purpose of this study is …
Exillon Energy plc: EGM Requisition
Exillon Energy plc, a London Premium listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), notes the press release issued today by one of our shareholders, Worldview Capital Management (“Worldview”). Shareholders with more than 10 per cent of …
Rosneft President Igor Sechin Meets CNPC President Zhou Jiping
On January 14 Igor Sechin, Rosneft President and Chairman of the Management Board, held talks with Zhou Jiping, CNPC President. The parties discussed a wide range of items concerning current cooperation between Rosneft and its Chinese partners in production and refining. The talks took place in the framework of the …
Additional Production Resulting from Application of DCP Technologies Amounted to 5 Million Tons of Oil
The JSC TATNEFT is rapidly developing technologies of dual completion and production (DCP) of two or more layers through one well ensuring efficient fields operation. As of January 12, 2013 the number of DCP units amounted to 1,605 with the cumulative production in the amount of more than 5,000,000 tons …
Serbia to grant national project status to South Stream
The Serbian government plans to grant a national project status to the construction of the Serbian section of the South Stream gas pipeline before the end of January. The government has already written up a draft law associated with giving the South Stream project the status of a national project,” …
TNK-BP Invests $3 Billion in the Verkhnechonskoe Field Development
TNK-BP informs that the cumulative investment in the development of the Verkhnechonskoe field amounted to approximately 90 billion rubles. In 2012, the Company increased its investment in the project to 18.5 billion rubles, which is 4% higher compared to 2011. The Verkhnechonskoe field is a new hydrocarbons production center in …
Tatneft: Figures Demonstrating Results of Operations in December 2012 and since the Beginning of the Year
Crude Oil Production The amount of 2,206,902 tons of crude oil was produced at the JSC TATNEFT in December or 100.2% versus December 2011. The amount of 26,005,104 tons of crude oil was produced during twelve months, which was 76,609 tons more than in 2011 (100.3%) with the above-the-plan production …
TNK-BP Increased Production in Uvat by 19% in 2012
TNK-BP informs that according to preliminary data TNK-Uvat’s 2012 oil production will amount to approximately 7 mln tons, 19% more than in 2011. TNK-BP has been consistent in implementing a program aimed at the organic growth of hydrocarbons production by 1-2% annually. The fields of the Uvat project make a …
MIEF-2013 attracts the attention of the foreign participants
Today in the work of the MIEF-2013 officially confirmed the participation experts, businessmen and politicians from Algeria, Austria, Germany, Italy, Latvia, Lithuania, China, the USA, France and Japan. International status of the Forum ?Russian Energy and Fuel Complex in the XXI Century? fully confirmed by annual participation of the representatives …