2013

Today, Bashneft Group, which comprises JSOC Bashneft, its subsidiaries and affiliates, released its unaudited consolidated financial statements for the first quarter of 2013 prepared in accordance with International Financial Reporting Standards (IFRS) In the first quarter of 2013, the Group’s revenue from sales increased by 5.8% year-on-year and totalled 125,580 …

Bashneft Group has acquired a 100% stake in LLC Alternativa, which owns 12 filling stations in the Orenburg Region operating under the Q&R brand name. The transaction is part of Bashneft’s strategy for increasing the number of its own filling stations in the key regions where its retail network is being developed. Q&R accounts for slightly more than 1% of retail sales …

A second and final Price Monitoring Extension has been activated in this security. The closing auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still have executed more than a pre-determined percentage above or below the price …

Today’s closing auction call period has been extended in this security by 5 minutes. Auction call extensions give London Stock Exchange electronic order book users a further opportunity to review the prices and sizes of orders entered in an individual security’s closing auction call before the execution occurs. A price …

Alexey Miller, Chairman of the Gazprom Management Committee took part today in Amsterdam (Netherlands) in a meeting of the South Stream Transport Board of Directors. The Board Members addressed various issues regarding the progress with the offshore section of the South Stream gas pipeline. The meeting highlighted that the offshore section construction was progressing according to schedule. The Board Members …

Following the results of the 22nd Licensing Round announced by the Norwegian Ministry of Petroleum and Energy, RN Nordic Oil AS, a 100% indirect subsidiary of Rosneft, has been granted the award of a 20% participating interest in the license PL713 covering the area of 1,213 sq. km. License PL713 …

Sercel announces today the launch of Sentinel® MS, its new multi-sensor solid streamer to address the needs of the E&P Industry for ever more detailed and accurate images of the subsurface. Sentinel MS builds on the success of the Sentinel solid streamer. In addition to the high-quality pressure measurement provided by its …

With Sercel’s launch of the new Sentinel® MS multi-sensor streamer, CGG strengthens its lead in innovative high-end marine acquisition to help clients solve the toughest subsurface imaging challenges. Since the launch of its flagship broadband marine solution, BroadSeisTM, in 2010, CGG has accelerated its development and successful deployment of unique and …

Rosneft and ExxonMobil today signed final agreements establishing a joint Arctic Research Center (ARC) in Russia and an over-arching technology sharing agreement to support the companies’ joint ventures worldwide. Formally named the Arctic Research and Design Center for Continental Shelf Development, the ARC will provide the Rosneft and ExxonMobil joint …

Lukoil has acquired a 65% stake in the exploration, development and production project on block CI-504 offshore the Republic of Cote d’Ivoire in the Gulf of Guinea. The stake in the project was acquired from a private Nigerian company, Taleveras Energy, which will still retain 25% after this transaction. The …