Eurasia Journal News

The Gazprom Board of Directors approved the revised investment program and budget (financial plan) for 2018. The key figures of the investment program did not change compared to the version approved by the Gazprom Management Committee in September this year. Pursuant to the revised investment program for 2018, the overall amount of investments will stand at RUB 1,496.328 billion, which is RUB 217.498 …

The Gazprom Board of Directors commended the efforts of the Company to implement its major investment projects. The Company continues to pursue the extensive Eastern Gas Program and to build facilities associated with supplying gas to domestic consumers and to China. In particular, 127 producing gas wells were drilled at the Chayandinskoye field, the linchpin of the Yakutia gas production center. Also underway is the installation of the …

The Gazprom Board of Directors took note of the information about the implementation of occupational standards at the Company, its subsidiaries and organizations. It was mentioned that highly skilled personnel was a key competitive advantage for Gazprom. The Company makes systematic efforts for human resources development, including the timely improvement of the professional skills and competencies of employees in accordance with …

The Gazprom Board of Directors held a meeting in absentia. The Board of Directors reelected Oleg Aksyutin, Head of Department, as a Member of the Gazprom Management Committee for a 5-year period starting from November 5, 2018.

Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, is pleased to announce unaudited production data for the month of  September 2018. ·     Our average daily production[1] was 9,394 bbl/day during the period. ·     Average daily production for Exillon TP was 2,185 bbl/day, and …

A regular meeting of the Board of Directors of PJSC TATNEFT n.a. V.D. Shashin chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Kazan on October 25, 2018. The Board of Directors meeting approved results of the Company’s budget execution for nine months of the year …

Vienna, Austria, 25 October 2018–The price of OPEC basket of fifteen crudes stood at $75.04 a barrel on Wednesday, compared with $77.11 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …

Igor Safonov has been elected Director General of Gazprom UGS. He was born in 1973 in Batumi. He graduated from Bauman Moscow State Technical University, majoring in Turbine Construction. In addition, he completed a professional retraining course for underground gas storage (UGS) specialists at the Gubkin Russian State University of Oil and Gas. Igor Safonov has been employed with Gazprom for …

Russia’s Rosneft (ROSN.MM) and U.S. ExxonMobil (XOM.N) plan to build a liquefied natural gas (LNG) plant in a consortium with Indian and Japanese partners, spreading the estimated $15 billion cost, two sources familiar with the talks said. The four companies – Rosneft, Exxon, Japan’s SODECO and India’s ONGC Videsh (ONGC.NS)(ONVI.NS) …

PAO NOVATEK today released its consolidated interim condensed financial statements as of and for the three and nine months ended 30 September 2018 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial Highlights  (in millions of Russian roubles except as stated) 3Q18 3Q17   9M18 9M17 217,934 129,970 …