Gazprom Neft Reports Unaudited IFRS Financial Results
Gazprom Neft today announces its unaudited consolidated financial results for 9M 2013, which have been prepared in accordance with International Financial Reporting Standards (IFRS). An increase in production and sales of petroleum products via premium distribution channels (retail and the Company’s own chain of petrol stations, sales of kerosene and …
Kashagan: Christophe de Margerie “Not to Restart Before the End of the Year”
Kazakhstan’s giant Kashagan oilfield will not be able to restart production before the end of 2013, the chief executive of French oil company Total , one of the partners in the project, said on Sunday, reported Reuters. Kazakhstan has been looking forward to revenues from Kashagan, the world’s costliest oil …
Ansell Celebrates Its Most Successful Week At A+A
Ansell, a global leader in protection solutions, is very pleased with the exchanges at this year’s A+A Security and Health at Work Fair in Düsseldorf. Ansell launched 21 new products at A+A, and the reaction from the market has been extremely positive. Besides the popular oil-repellent and high-grip HyFlex® 11-927, …
Alliance Oil: Produces 66,278 Barrels of Oil Equivalent in Russia
Alliance Oil Company’s preliminary average daily oil and gas production for October 2013 amounted to 66,278 barrels of oil equivalent. In October 2013 preliminary average refining volumes at the Khabarovsk refinery amounted to 101,051 barrels of oil per day (bpd). October preliminary operating results: Upstream Boepd —————— Oil 51,642 Gas …
SPX: APV Heat Exchangers Designed to Lower Energy Costs in Oil and Gas Applications
More efficient process heat recovery reduces energy consumption and can bring significant cost savings. From its APV brand, SPX provides a wide range of plate heat exchanger technologies for oil and gas production in both onshore and offshore locations that can help increase heat process efficiency and contribute to lower …
Shelton Petroleum AB: Daily Production Exceeds 1,000 barrels per day For the First Time
Shelton Petroleum’s total oil production in October 2013 amounted to 32,200 barrels, equivalent to 1,039 barrels per day. “For the first time in the history of Shelton Petroleum we are able to announce a monthly report with a production exceeding 1,000 barrels per day. This extremely encouraging milestone is a …
Lamprell Delivers First of Two Caspian Sea Jackup Rigs
Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, is pleased to announce that it has successfully completed and delivered the first of two Caspian Sea jackup rigs to the client, marking another significant milestone for the …
Tatneft: Figures for the First 10 Months of 2014 – Drilling Down, Production up 0.6%
Crude Oil Production The amount of 2,219,585 tons of crude oil was produced at JSC TATNEFT in October accounting for 100.6 percent versus October, 2012 (+12,536 tons). The amount of 21,737,914 tons of crude oil was produced during ten months, which was 74,794 tons more than during ten months of …
TNK-Uvat: Discovers New Field – Kirilkinskoye
Rosneft subsidiary TNK-Uvat has discovered a new oil field, it named Kirilkinskoye. The materials of the operational analysis of oil and dissolved gas reserves have been discussed and approved by the State Commission for Reserves. The drilling and testing in exploration well 72 of the Kirilkinsk oil pool resulted in …
Ruspetro: Q3 Update – Revenue Up 4.2%, 80% MET Relief Now Being Applied
Ruspetro plc announces an update on its operations to date and its financial highlights for the third quarter of 2013. SUMMARY Financial 3Q revenue of US$19.7m, an increase of 4.2% over 2Q 2013 3Q EBITDA of US$4.9m, an increase of over 200% from 2Q 2013 (excluding exceptional items) MET relief …