Gazprom’s CEO Alexey Miller, meets Eni’s CEO, Claudio Descalzi in Moscow
The Chief Executive Officer of Gazprom, Alexey Miller, met today in Moscow the Chief Executive Officer of Eni, Claudio Descalzi. During the meeting, which was held in an atmosphere of cordiality, they discussed, among other things, over the global energy scenario with a particular focus on the dynamics of the …
TCO Confirm Attendance and Presentation at KDR 2015
The organizers are pleased to announce that Tengizchevroil will be attending and making a presentation the upcoming KDR. As one of the leading operators in Kazakhstan, TCO are joining industry colleagues, government and academia to discuss the drilling challenges faced in the region. Antonio Rosada, Drilling and Completion Engineering Manager …
Gazprom: PetroChina Gas Negotiations Progressing Well
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Huang Weihe, Vice President of PetroChina. The parties addressed the issues of arranging Russian gas supply to China via the western route. It was pointed out that the main terms and conditions of …
Gazprom Geologorazvedka: Population of Sakhalin Region Approves Offshore Seismic Surveys in Sea of Okhotsk
Public hearings took place today in Nogliki settlement (Sakhalin Region). They were dedicated to 3D seismic exploration within the Kirinsky prospect (offshore the Sea of Okhotsk), including environmental impact assessment studies. Gazprom Geologorazvedka is the project customer. The hearings resulted in public approval of its implementation. The objective of exploration …
Tethys Petroleum: Q2 Results – Gas Revenue Up 137%
Tethys Petroleum Limited today announced its Results for the quarter ended June 30, 2015. Q2 Financial Highlights (all figures reported in USD millions) — Oil and gas revenue of USD6.8m (2014: USD7.1m) — Gas revenue increased 137% to USD4.8m (2014: USD2.0m) — Production expenses USD4.2m (2014: USD3.2m) — G&A expenses …
RN-Brazil: Participates in the 13th Licensing Round Organized by the ANP
RN-Brasil, Rosneft subsidiary, registered as a participant in the 13th license round organized by ANP (Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis – Brazil). The registration is subject to the approval of ANP and will allow the Company to take part in the license round and obtain geological data …
Rosneft Acquires a Russian Oilfield Service Company from Trican Well Service Ltd.
A company of the Rosneft Group and a subsidiary of Trican Well Service Ltd. signed a framework agreement and ancillary documents, pursuant to which a Rosneft subsidiary agreed to acquire a 100% shareholding in Trican Well Service LLC, which provides high-quality pressure pumping services focused on enhancement of production within …
Pacific Energy Development Announces 2nd Quarter and Six Month Results With Production Increasing Approximately 48% and Over 100% for Respective Periods
PEDEVCO Corp. d/b/a Pacific Energy Development(NYSE MKT: PED) reported results from the second quarter and six months ended June 30 today and confirmed that drilling of seven new horizontal wells in its Wattenberg acreage in which the Company has a 25% working interest has commenced by a third party operator. …
Gazprom Neft Reports IFRS Financial Results for 1H 2015
Gazprom Neft has published its consolidated financial results for 1H 2015, prepared in accordance with International Financial Reporting Standards (IFRS). The 1.4% year-on-year decline in revenues (including duties)* was due to a drop in prices for oil and oil products on global markets. In spite of this, the growth in hydrocarbon production and sales volumes via premium channels drove a 12% increase …
Rosneft Increased Production Drilling Volumes by 27% in 7 Months
Rosneft increased technical drilling volumes at the Company’s production assets by 27% in 7 months of 2015. Based on the January through July 2015 results the overall drilling progress accounted to 4.585 mln m, whilst during the same period of 2014 the figure was 3.605 mln m. Efficient technical drilling …