Tethys Petroleum: Enters into Non-Binding Letter of Intent, Plus Debt Facility, with Olisol
Tethys Petroleum Limited announces that is has entered into a non-binding and indicative letter of intent (the “LOI”) with Olisol Investments Limited (“Olisol”) setting out proposed terms upon which Olisol Petroleum Limited, a wholly-owned subsidiary of Olisol (“OPL”), will provide Tethys with a US$15 million interim debt facility (the “Interim …
Roxi: Spuds Deep Well A6
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG asset. Spudding of New Deep Well A6 Roxi is pleased to announce that Deep Well A6 has been spudded. The new deep …
KazMunaiGas Exploration Production: 9M & 2015 Results – Profits Nearly Halved
JSC KazMunaiGas Exploration Production (“KMG EP” or “the Company”) announces condensed consolidated interim financial statements for the nine months ended 30 September 2015. – Net profit for the first nine months of 2015 was 138bn Tenge (US$703m[1]) compared with 242bn Tenge (US$1,357m) for the same period in 2014. A decline …
KazMunaiGas Exploration Production: 9M & 2015 Results – Profits Nearly Halved
JSC KazMunaiGas Exploration Production (“KMG EP” or “the Company”) announces condensed consolidated interim financial statements for the nine months ended 30 September 2015. – Net profit for the first nine months of 2015 was 138bn Tenge (US$703m[1]) compared with 242bn Tenge (US$1,357m) for the same period in 2014. A decline …
SPE CTCE Baku: ROGTEC – The Only Russia & CIS Focused Upstream Publication Present
With the SPE’s CTCE, Caspian Technical Conference and Exhibition in full swing, running from the 4-6th in Baku, ROGTEC is yet again proud to be the only Russian and CIS focused publication to support and send copies to the event. The SPE events are highly technically focused conferences and exhibitions …
SPE CTCE Baku: ROGTEC – The Only Russia & CIS Focused Upstream Publication Present
With the SPE’s CTCE, Caspian Technical Conference and Exhibition in full swing, running from the 4-6th in Baku, ROGTEC is yet again proud to be the only Russian and CIS focused publication to support and send copies to the event. The SPE events are highly technically focused conferences and exhibitions …
Roxi Petroleum: Update on Operations at BNG
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG asset. Deep Well A5 The well was spudded in July 2013 and drilled to a total depth of 4,442 meters with casing …
BP Study Sees Technology Boosting Energy Supplies, Providing Path to Lower Carbon Future
BP Technology Outlook predicts secure and sustainable energy future through application of existing and new technologies Advances in technology will keep energy supplies plentiful and affordable – enough to meet projected demand many times over — and help pave the way to a lower carbon energy mix, according to data …
Petrogrand Wins Dispute Against Former CEO
The dispute between Petrogrand and the company’s former CEO and Board Member Maks Grinfeld about the right to severance payment has been settled by arbitration. Maks Grinfeld claims on Petrogrand for 24 month severance has been dismissed by the Arbitration Institute and Petrogrand has been awarded compensation for the main …
GlobalData: Global Gas Generator Installed Capacity Will More Than Double to 18.8 Gigawatts by 2025
Global installed capacity for gas generators will more than double from 8.4 Gigawatts (GW) in 2015 to reach 18.8 GW by 2025, with North America continuing to account for the largest share of the market, according to research and consulting firm GlobalData. The company’s report* states that this increase, which …