Tethys Petroleum: Kazakh Production Up 19%
Tethys Petroleum Limited provides the following corporate update to its shareholders. Highlights — Resolution reached with SinoHan. — Following the greater than 50% reduction of our corporate and regional overheads, further restructuring and costs reductions are on going. — As part of the ongoing strategic review, Tethys remains in an …
Gazprom Neft Completes First Winter Sea Shipments Of Oil From Novoportovskoye
Initiated in February 2015, Gazprom Neft has now completed its first winter shipments of oil from the Novoportovskoye field, becoming the first company in the Russian oil and gas sector to despatch oil from Yamal by sea under winter conditions. Seven tankers, carrying a total 110,000 tonnes of the company’s …
NOVATEK: Signs Long-Term LNG Contract with Shell
OAO NOVATEK announced today that Novatek Gas & Power, a wholly owned trading subsidiary of NOVATEK, has signed a long-term contract with Shell International Trading Middle East for the supply of LNG from the Yamal LNG project. The contract stipulates annual supply of approximately 0.9 million tons of LNG for …
Lukoil President Meets With Kazakhstan Leaders
LUKOIL President Vagit Alekperov visited Astana to attend the 28th Plenary Session of the Foreign Investors’ Council under the President of Kazakhstan. As part of his visit, Mr. Alekperov met with Kazakhstan Prime Minister Karim Masimov, executives from Kazakshtan’s Ministry of Energy and KazMunayGas, the national oil company of Kazakhstan. …
Alexey Miller and Rainer Seele Address Future Co-Operation
The Gazprom headquarters hosted today a meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Rainer Seele, Chairman of the Board of Executive Directors of Wintershall Holding, who would occupy the post of the Chairman of the Executive Board and CEO of OMV starting from July 1, 2015. …
International Petroleum: Kazakh Field License Court Battle Continues
International Petroleum Limited (NSX: IOP) (“International Petroleum” or the “Company”), an oil and gas exploration company is pleased to present its activities report for the three months ending 30 September 2014, 31 December 2014 and 31 March 2015. UPDATE ON KEY ISSUES – US$4,387k cash at bank at 31 March …
Exillon Energy: Produces 16,105 bbl/day in May
Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce unaudited production data for the month of May 2015 (“the Period”). · Our average daily production[1] was 16,105 bbl/day during the …
Gazprom and CNPC Outline Schedule for Contract Preliminaries on Western Route
Comment by Alexey Miller to Rossiya 24 TV channel, as a follow up to Beijing talks “The negotiations were held with Zhang Gaoli, First Vice Premier of the People’s Republic of China and Wang Yilin, new Head and Chairman of the Board of Directors of China National Petroleum Corporation (CNPC). The focus of the talks fell on the progress with the Power of Siberia project and the …
Gazprom Neft: Looking Eastwards
The Gazprom Neft Management Board has examined the issue of developing cooperation with Asia—Pacific companies. A key strategic objective for Gazprom Neft in its engagement with companies in the Asia Pacific in exploration and production activities concerns the sourcing of partners for projects currently under geological prospecting. Gazprom Neft is …
Gazprom: Talks Gas Supplies With China and the CNPC
Beijing hosted today meetings of Alexey Miller, Chairman of the Gazprom Management Committee with Zhang Gaoli, First Vice Premier of the State Council of the People’s Republic of China as well as with Wang Yilin, Chairman of the Board of Directors of China National Petroleum Corporation (CNPC). The parties appreciated …