Roxi Petroleum: $10.4m of $23m of Galaz Cash is in the Bank
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of the sale of Galaz. Further to the announcement of 12 June 2015, Roxi confirms that to date $10.4 million of the $23 million attributable to Roxi has …
Gazprom and Fluxys Address Russian Gas Transit Issues
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Walter Peeraer, Chief Executive Officer of Fluxys took place today within the St. Petersburg International Economic Forum 2015. The parties addressed the current state of and the development prospects for the bilateral cooperation in the gas industry. A focus was put on Russian gas transit …
Bashneft and Sberbank of Russia Sign a Strategic Cooperation Agreement
Today, Bashneft and OJSC Sberbank of Russia have concluded a Strategic Cooperation Agreement until 2018 as part of the 19th Saint Petersburg International Economic Forum. The document was signed by the Company’s President Alexander Korsik representing Bashneft and Maxim Poletaev, First Deputy Chairman of the Executive Board, representing Sberbank of …
SIBUR and Schneider Electric Sign Enhancing Energy Efficiency Co-Operation Agreement
Russian petrochemical group SIBUR and Schneider Electric, the global specialist in energy management and automation, have signed a Memorandum of Cooperation. At the Saint-Petersburg International Economic Forum the document was signed by SIBUR’s General Director Dmitry Konov and by Schneider Electric Chairman and CEO Jean-Pascal Tricoire. In partnership with leading …
GlobalData: Upstream Projects Remain Strong in Kazakhstan While Azerbaijan’s Crude Declines
While Kazakhstan and Azerbaijan have added over 1 million barrels per day (mmbd) to the world’s oil supply since 2005, the two countries are now diverging in their ability to grow production and influence global supply, according to an analyst with research and consulting firm GlobalData. Anna Belova, GlobalData’s Senior …
KDR 2015 – JSC NC KazMunayGas Confirms Platinum Event Sponsor
Transforming the Drilling Market for the Future Benefit of Kazakhstan Astana, Kazakhstan, 18th June 2015. TMG is proud to announce, in association with the Platinum Event Sponsor JSC NC KazMunayGas, the 1st KDR, Kazakh Drilling Roundtable, taking place in Astana on the 17th September 2015. With the second largest oil …
Rosneft and PDVSA Expand Cooperation in Crude Oil Trading
Rosneft and PDVSA signed at the St. Petersburg International Economic Forum the Term Sheet of the export contract for URALS supplies to the Venezuelan company. The document was signed by Rosneft Chairman of the Managing Board Igor Sechin and PDVSA President Eulogio del Pino. The document, computed for 1 year …
Rosneft and PDVSA Sign Eductional MOU
Rosneft, Petróleos de Venezuela S.A. (PDVSA), the Gubkin Russian State University of Oil and Gas and the Venezuelan University of Hydrocarbons signed a Memorandum on cooperation in the area of education and science within St. Petersburg International Economic Forum. The document was signed by Chairman of Rosneft Management Board Igor …
Gazprom’s Projects in Russia’s East Running On Schedule
The Gazprom headquarters hosted today Press Conference “Gazprom in Eastern Russia. Entry into Asia-Pacific Markets” held on the threshold of the Company’s annual General Shareholders Meeting. Taking part in the Press Conference were Vitaly Markelov and Alexander Medvedev – Deputy Chairmen of the Gazprom Management Committee; Oleg Aksyutin, Dmitry Lyugai …
Gazprom’s Projects in Russia's East Running On Schedule
The Gazprom headquarters hosted today Press Conference “Gazprom in Eastern Russia. Entry into Asia-Pacific Markets” held on the threshold of the Company’s annual General Shareholders Meeting. Taking part in the Press Conference were Vitaly Markelov and Alexander Medvedev – Deputy Chairmen of the Gazprom Management Committee; Oleg Aksyutin, Dmitry Lyugai …