2013

The Gazprom Board of Directors took notice of the results of a survey on the shale gas sector development throughout the globe. It was mentioned that the core structural units of Gazprom Group continued investigating the progress with shale gas production. The meeting participants affirmed that at the moment shale gas production in Russia would be inexpedient due to the abundance of conventional gas …

The Gazprom Board of Directors approved the adjusted Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2013. According to the adjusted Investment Program for 2013, the total amount of investments will make up RUB 1 trillion 026.1 billion, which is a RUB 320.7 billion increase as compared to the Investment Program approved in December 2012. Meanwhile, the amount of capital investments will …

TMK, a leading global manufacturer and supplier of steel pipes for the oil and gas industry, announces its operational results for 9 months of 2013 1. TMK shipped a total of 3,200,000 tonnes of steel pipe to customers in the first nine months of 2013, up 1.7% YoY, on the …

The Board of Directors of JSOC Bashneft made a decision to convene an Extraordinary General Meeting of Shareholders of the Company on December 17, 2013, approved its agenda and set the date for compiling a list of persons entitled to participate in the meeting at November 5, 2013. The Board of Directors decided to recommend that the General Meeting of Shareholders should approve dividend payments for …

Q3 2013 hydrocarbon production (including production of subsidiaries and proportionately consolidated entities, and the share in production by affiliates) increased by 2.0% and reached 4,884 th. boepd. Crude oil and liquids production has reached 4,193 th. boepd, gas production increased up to 10.82 bcm. Oil production growth is mainly due …

Both motor series – Siemens Loher CHEMSTAR and Siemens Loher VARIO – set standards in drive technology in the chemical and petrochemical industries as well as oil and gas sector. This is because they comply with all of the industries´requirements and reflect the many years of experience that Loher has …

NOVATEK announced today that first two (out of four) gas condensate stabilization trains with three (3) million tons per annum overall capacity were launched as part of a project for expanding capacity of the Purovsky plant from five (5) to 11 million tons. Construction works are currently being finalized at …

A regular meeting of the Board of Directors of JSC TATNEFT chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Almetyevsk on October 28, 2013. The meeting reviewed the budget performance of JSC TATNEFT for nine months in 2013 and approved the budget for November of …

Gazprom Group’s employees and their family members are taking part in the Olympic Torch Relay Sochi 2014. The first Olympic torchbearer was Alexander Stepin, multiple participant of Children’s Spartakiada Games of Gazprom. His run took place in Tula on October 14. Yesterday Valery Golubev, Deputy Chairman of the Gazprom Management …

Schneider Electric reported today third quarter revenues of €5,901 million, down 3.2% year-on-year on current structure and exchange rate basis. Organic revenues were up 0.7%. – Performance in line with H1, driven by China and North America, while Western Europe remained difficult – Partner observed strong growth of 5% outside …