Fitch Affirms Russia’s Bashneft at ‘BB’; Revises Outlook to Positive
Fitch Ratings has affirmed Russia’s Joint Stock Oil Company Bashneft (Bashneft) Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘BB’. The Outlooks have been revised to Positive from Stable. A complete list of rating actions is at the end of this release The Positive Outlook reflects our expectation that over the medium term the company will maintain …
Tatneft: Figures Demonstrating Results of Operations in April and for Four Months of 2013
Crude Oil Production The amount of 2,144,224 tons of crude oil was produced at JSC TATNEFT in April (100.8 percent versus a similar period of the previous year) with the above-the-plan production in the amount of 56,304 tons (102.7 percent). 8,568,138 tons of crude oil were produced during four months …
May 28th problems of oil and gas construction will be discussed in Moscow
The IIIrd Annual International Conference «Construction in oil and gas complex» will be held 28th May in Moscow in the Intercontinental Moscow Tverskaya hotel. The conference «NEFTEGAZSTROY» will enable contractors to communicate with a wide range of customers and colleagues, to broaden horizons, to acquire useful business contacts. Traditionally conferences …
Aker Arctic Brings Heavy Duty Oblique Ice Breaker to Market
With construction underway on the first ever Oblique Icebreaker, research specialist Aker Arctic Technology has unveiled a new version of the unique vessel type that will bring ice management and pollution control in thick first year ice to a new level. The first ARC 100 is due delivery to the …
Roxi Petroleum plc: Operational Update
Further to the announcement of 22 April 2013, Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with new interim results from the testing of Well 806, at its flagship BNG asset. Background Roxi has three wells at South Yelemes. …
2nd RDCR, 26th & 27th March 2014 – SAVE THE DATE!
TMG Worldwide is proud the announce the date a provisional venue for the 2nd RDCR, on the 26th & 27th March, 2014, at the Intercontinental Hotel in Moscow. Following consultation with the drilling contractors and sponsors that attended the event this year, the RDCR 2014 will be run over 2 …
Gazprom joins environmental expedition to Bely Island as major partner
Gazprom became the major partner of the environmental expedition to the Bely Island in the Yamal-Nenets Autonomous Area as a part of the Year of Ecology. Bely Island. Photo by Arctica-Info news agency Enlarged photo (JPG, 1 MB) The expedition is aimed at clearing the Island from ramshackle structures, derelict equipment, fuel tanks and other industrial wastes. The participants of the environmental campaign prepare the …
Rosneft Boosts Environmental Safety of Far East Terminals
Two stand-by oil spill response vessels were launched at the Zvezda Shipyard (the city of Bolshoi Kamen) in the Primorsky Territory (Russia’s Far East). The vessels: RN Askold and RN Posiet – were ordered by Rosneft. The vessels are operated by Rosnefteflot, the Company’s subsidiary that developed the project and …
Rospan International Starts Boosting Gas Capacities in Novy Urengoy License Area
Rospan International CJSC (subsidiary of Rosneft) initiated works to expand the complex gas processing facility (CGPF) in Novy Urengoy license area. The overall volume of project investments will amount to approximately 5 bn rubles. The project implementation will provide for a nearly double increase in gas and gas condensate production …
Exterran and Ohio Governor John Kasich Celebrate Ribbon-Cutting for New Youngstown Facility
Ohio Governor John Kasich and executives from Houston-based Exterran today celebrated the grand opening of Exterran’s new 65,000-square-foot production equipment fabrication facility in Youngstown, Ohio, with a ceremonial ribbon-cutting. The fabrication facility is located in the Salt Springs Industrial Park and is expected to employ more than 100 workers. On …