Rosneft Held Extraordinary General Meeting of Shareholders
On September 28, Rosneft’s Extraordinary General Shareholders’ Meeting took place in form of absentee voting. Holders of 92.36% of the Company’s shares participated in the meeting. Shareholders approved the dividend payment, based on H1 2018 results, in the amount of 14 rubles 58 kopecks per ordinary share of the Company, …
OPEC Daily Basket Price: Wednesday, 3 October 2018, Stood at $83.64 a Barrel
Vienna, Austria, 4 October 2018–The price of OPEC basket of fifteen crudes stood at $83.64 a barrel on Wednesday, compared with $83.28 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), Oriente (Ecuador), …
NOVATEK Signed Strategic Partnership Agreement with Siemens
Today, during the Russian Energy Week, Chairman of the Management Board of PAO NOVATEK (“NOVATEK”) Leonid Mikhelson and President and Chief Executive Officer of Siemens AG (“Siemens”) Joe Kaeser signed a Strategic Partnership and Cooperation Agreement (“Agreement”). According to the Agreement, the Parties intend to strengthen and develop the strategic …
BP and Aker BP Form Strategic Technology Venture Alliance
BP today announced that it has signed a ventures cooperation agreement with Aker BP to explore possible areas of cooperation in the development and deployment of advanced technologies in their businesses. Through their planned strategic alliance, BP and Aker BP intend to explore potential venture capital investments targeting technology and …
NOVATEK Third Quarter and Nine Months 2018 IFRS Results Conference Call
NOVATEK will host a conference call on 25 October 2018, at 4:00 pm Moscow time (2:00 pm – London; 9:00 am – New York) to discuss NOVATEK’s third quarter and nine months 2018 IFRS consolidated financial results. Information pertaining to the conference call will be available on the NOVATEK website …
Urals Energy PLC: 2018 Half Year Results
Urals Energy PLC, the independent exploration and production company with operations in Russia, is pleased to announce its half-year results for the six months ended 30 June 2018. Key Points of the Company’s activity for the six months ended 30 June 2018: · Developed reserves for continuing operations and potential reserves for …
Caspian Sunrise plc: Interim Results for the Period Ended 30 June 2018
Caspian Sunrise, the Central Asian oil and gas company with a focus on Kazakhstan, announces its unaudited results for the six-month period ended 30 June 2018. Highlights In the period under review Corporate / Financial Oil sales of $5 million Proposed acquisition of 3A Best Operational – shallow wells Total …
Kyzylorda Region of Kazakhstan Intends to Increase Oil Exports
The Kyzylorda region of Kazakhstan is considering the possibility of increasing the share of exported oil from 20 percent to 50 percent, the official portal of the governorate of Kyzylorda region said in a statement. At the meeting with subsoil users of the region, which was attended by mayor of …
Orenburgneft: Opens New Oil Deposit, Mamalaevskoye, on the Radovsky License
PJSC Orenburgneft, a subsidiary of Rosneft, has opened a new oil deposit, Mamalaevskoye, with total recoverable reserves of more than 2 million tons of oil. The deposit is located within the Radovsky licensed area and was discovered as a result of drilling a prospecting and evaluation well at the Mamalaevskaya …
Gazprom’s Sustainability Report Passes First-Ever Independent Audit
The Gazprom Group’s Sustainability Report 2017 was successfully assured (audited) in accordance with the international standards of the Global Reporting Initiative (GRI). The first Sustainability Report audit in Gazprom’s history was conducted by FBK. FBK confirmed that the Report contained accurate information and had been prepared in compliance with the GRI Standards (Core option). Gazprom’s goal in engaging a professional …