Gazprom: 2017 H1 Results – Net Sales Up 5%
Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the six months ended June 30, 2017. The table below presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS for the six months …
TATNEFT and Trade Unions Are Preparing for the Youth Forum of the Neftegazstroyprofsoyuz of Russia
A working meeting of Nail Maganov, General Director of TATNEFT Company, and Alexander Korchagin, Chairman of the Neftegazstroyprofsoyuz of Russia, was devoted to the preparation for the Youth Forum of the Neftegazstroyprofsoyuz of Russia. The meeting was attended by Gumar Yarullin, Chairman of the PJSC TATNEFT’s MPO (Interregional Trade Union …
Novatek: Wins Shtormovoye and Verhnetiuteyskoye License Areas Improving LNG Project Potential
PAO Novatek announces that its subsidiaries OOO Arctic LNG-2 and OOO NOVATEK-Yurkharovneftegas obtained new license areas in the Yamal and Gydan peninsulas, which significantly expands the Company’s resource base for implementing new LNG projects. OOO Arctic LNG-2 won the bid for a geological survey, exploration and hydrocarbons production license for …
Petrosibir: 2017 Results – H1: Producing More Oil, Generating More Revenue, Optimising Costs
January – June 2017 Total revenue: SEK 20 (11) million Operating result: SEK -2 (-11) million Result from equity investment SEK 6 (8) Net result: SEK 4 (-5) million Earnings per share: SEK 0.12 (-0.15) Statement from CEO Dear Shareholders, As you will see in this report Petrosibir is making …
Petrosibir: Sosnovskoye Well Test Results, Awaiting Frack Crews
Three wells have been successfully drilled earlier this year in the Sosnovskoye field in Komi and they have produced results in line with the prognosis, see table below. Each of the wells encountered more than 4 meters of net pay (in line with expectations). A fourth well has also been …
Gazprom: Pre-development of Chayandinskoye Field and Power of Siberia to be Completed on Time
Alexey Miller, Chairman of the Gazprom Management Committee, held a meeting today in Moscow to discuss the progress achieved in the pre-development of the Chayandinskoye oil, gas and condensate field and the construction of the Power of Siberia gas trunkline. Among those taking part in the meeting were the Deputy Chairmen of the Management Committee and heads of the Company’s structural units and subsidiaries, as well as top …
RussNeft: Bazhenov Sredne-Shapshinskoye Field Testing at 100 T/D
“In the course of testing of Bazhenov Formation, RussNeft obtained a flow rate of 100 tonnes per day at Sredne-Shapshinskoye field”, says the press release of the company. Bazhenov Formation (a group of petroliferous rock beds) in West Siberia contains tight oil. As Rosnedra previously reported, oil reserves at the …
Total: Acquires Maersk Oil $7.45 billion in Shares and Debt
Total is pleased to announce that the Boards of Total and A.P. Møller – Mærsk have both approved the acquisition of 100% of the equity of the E&P company Maersk Oil & Gas A/S (Maersk Oil), a wholly owned subsidiary of A.P. Møller – Mærsk A/S, by Total in a …
Rosneft: China’s CEFC in Talks to Buy Stake
CEFC China Energy, which has grown from a niche oil trader to a sprawling energy conglomerate, is in talks to acquire a stake in Russian state oil giant Rosneft (ROSN.MM), three people with direct knowledge of the discussions said. The people said senior executives at both companies were in preliminary …
JSC KazMunaiGas Exploration Production Financial Results for the First Six Months of 2017
Astana, 17 August 2017. JSC KazMunaiGas Exploration Production (“KMG EP” or “the Company”) announces its consolidated interim financial results for the first six months ended 30 June 2017. Revenue for the first six months of 2017 was up 39% year on year and amounted to 437bn Tenge (US$1,371m[1]). This was largely a result …