Sakhalin Energy: Andrei Galaev Tenders Resignation, Roman Dashkov to Become New CEO
Sakhalin Energy announces that as of 21 February 2013 Andrei Galaev resigns his post as Chief Executive Officer of Sakhalin Energy due to a transfer to another job. Andrei Galaev has been working for Sakhalin Energy for over five years, including three years as Chief Executive Officer. Olivier Lazare, Chairman …
International Petroleum: Mark Ashurst Tenders Resignation
International Petroleum Limited, an oil and gas exploration and production company with assets in Russia and Kazakhstan, advises that as a result of other increasing commitments Mark Ashurst has tendered his resignation as non-executive director of the Company and subsidiary companies, effective immediately. The Board expresses its appreciation to Mark …
The conference “Supply chain in oil&gas complex” will be held March 14th (NEFTEGAZSNAB-2013)
The VIIIth (Eighth) conference “Supply chain in oil&gas complex” will be held in Moscow March 14th. Conference NEFTEGAZSNAB held in InterContinental Moscow Tverskaya Hotel is regarded to be the biggest Russian event which gather heads of logistics departments of oil&gas complex. Experience exchange and logistics support system of different companies …
National Oilwell Varco Completes Acquisition of Robbins & Myers
National Oilwell Varco, Inc. and Robbins & Myers, Inc. jointly announced today that National Oilwell Varco’s acquisition of Robbins & Myers is complete. Pete Miller, Chairman and CEO of NOV, remarked, “We are happy to have all of the Robbins & Myers employees around the world joining the National Oilwell Varco …
PwC: Shale Oil: The Next Energy Revolution?
The global impact of shale oil could revolutionise the world’s energy markets over the next couple of decades, resulting in significantly lower oil prices, higher global GDP, changing geopolitics and shifting business models for oil and gas companies, according to new analysis from PwC. Global shale oil production could boost …
NOVATEK Closes Rouble Denominated Eurobond Issue
OAO NOVATEK announced today the closing of its four-year rouble denominated Eurobond issue in an aggregate amount of RR 14.0 billion. The annual coupon rate is set at 7.75% with coupons payable semi-annually. The Company’s CFO and Board member Mark Gyetvay stated: “We successfully placed our first rouble denominated Eurobond …
Bashneft starts consolidating petrochemical assets
On the meeting held on February 18, 2013 the Board of Directors of JSOC Bashneft made a number of decisions related to the start of consolidation of petrochemical assets within OJSC United Petrochemical Company (UPC) by absentee voting. For instance, the Board of Directors decided that Bashneft should not have stakes in LLC Tuimazinskoye gas processing plant and LLC Shkapovskoye gas processing …
Russian Drilling Contractors Roundtable – RDCR – 11th of April – Update
On April 11th, at the Swissotel Moscow, TMG Worldwide is organizing the 1st Russian Drilling Contractors Roundtable, www.rdcr.net The RDCR is a one day event. The event is designed to provide a platform for the regional drilling contractors to discuss which technologies are available for their rig and equipment upgrade …
RPI Issues “Offshore Oil and Gas Industry of Russia and CIS: Outlook to 2022”
RPI, a leading provider of research on the energy sector of Russia, the Caspian region, Central and Eastern Europe, would like to bring to your attention the upcoming release of the “Offshore Oil and Gas Industry of Russia and CIS: Outlook to 2022” research study. The purpose of this research …
RORC to Increase Autogas Output by 30% in 2013
ТNК-ВР reports that in 2013 CJSC Ryazan Oil Refinery Company (part of the ТNК-ВР Group) plans to increase production of autogas (automobile propane-butane) by 30% – to 3.9 k tons. TNK-BP is consistently implementing a large scale program to upgrade RORC capacities and implement new technology to increase production efficiency. …