Urals Energy: Passive Seismic Survey at Articneft
Urals Energy PCL , the independent exploration and production company with operations in Russia, announces that a two part Passive Seismic survey has been completed for Articneft on the island of Kolguev by GeoDynamics Worldwide srl, and the Company expects to receive the full results in late August / early …
Ruspetro: MET Relief for Tight Oil Becomes Law, 80% Tax Relief on Tight Oil Reserves
Ruspetro plc announces that a substantial reduction in the Russian Mineral Extraction Tax applicable to tight oil has been passed into law this week and will be applied to production from the Company’s qualifying reserves from 1 September 2013. 80% MET relief: Due to the characteristics of our reservoirs, the …
Rosneft President Igor Sechin Meets Rostov Region’s Governor Vasily Golubev
Rosneft President and Chairman of the Management Board Igor Sechin, accompanied by a team of the Company’s top managers, held a working meeting with Rostov region’s Governor Vasily Golubev. As part of the meeting the parties signed heads of agreement for Rosneft to acquire fueling assets in Rostov-on-Don. The parties …
Alliance Denies in Talks with Rosneft Over Oil Assets
Alliance Group, a shareholder in mid-sized Russian oil and gas company Alliance Oil, denied reports that it was in talks over a sale of assets to state-controlled oil major Rosneft. Russian newspapers Kommersant and Vedomosti said this week that Rosneft or its first vice-president Eduard Khudainatov acting alone were considering …
TMK Announces 1H 2013 Operational Results
TMK, a leading global manufacturer and supplier of steel pipes for the oil and gas industry, announces its operational results for the first half of 2013. 2Q 2013 and 1H 2013 Highlights: • TMK shipped a total of 2,140 thousand tonnes of steel pipe to customers in the first half …
Gazprom Neft’s environmental management system meets requirements of international standard ISO 14001:2004
Having successfully passed a certification audit, Gazprom Neft’s environmental management system has been found to meet the requirements of the advanced international standard ISO 14001:2004. What the ISO 14001:2004 is designed to do is to streamline management and production processes in such a way so as to minimize the company’s …
Tatneft’s Projects Implementation in Nizhnekamsk. Half Year Results
The works are now actively underway at the combined hydrocracking installation of the “TANECO” Refining and Petrochemical Plants Complex in Nizhnekamsk on the individual testing of the piping and equipment of the hydrocracker and hydrogen production sections, water block No.2 and interplant piping racks. The implementation results of this and …
International Petroleum: Seeks Russian Asset Sale
International Petroleum Limited announces that it is in discussions with a third party concerning a potential sale of its Russian assets for cash consideration to accelerate the resolution of its indebtedness position and finance its exploration for oil and gas and working capital . On 24 April 2013 , Range …
Regular Meeting of Tatneft’s Board of Directors Was Held
The regular meeting of the Board of Directors of JSC TATNEFT chaired by Rustam N. Minnikhanov, President of the Republic of Tatarstan was held in Kazan (Republic of Tatarstan) on July 23, 2013. The meeting reviewed the budget performance of TATNEFT in the first half of 2013 and approved the …
Establishment of a Joint Venture Between Weatherford and BENZ, a part of Runaсo Group
On July 23, 2013 Bugulma (The Republic of Tatarstan) hosted the opening ceremony of the joint venture between Weatherford and Bugulma Electric Pump Plant at the plant’s premises. Rustam Minnikhanov, President of the Republic of Tatarstan, Ildus Kasymov, head of the municipal district of Bugulma, Bugulma Mayor, Dean Kaminski, Vice …