Rosneft Brasil: Purchases 55% of The Solimões Project for $55m
Rosneft Brasil (100% owned Rosneft subsidiary) and PetroRio (the new brand of HRT Participações em Petróleo S.A.) announce the signing of the Rosneft Brasil transaction to acquire PetroRio’s 55% in the Solimões project. Closing will follow formal approval of the transaction by ANP (Agencia Nacional do Petroleo, Gas Natural e …
Tethys Petroleum: Q1 Results
Tethys Petroleum Limited today announced its Results for the quarter ended March 31, 2015. Q1 Financial Highlights (all figures reported in USD millions) — Oil and gas revenue of USD5.95m (2014: USD6.78m) — Gas revenue increased 97% to USD4.71m (2014: USD2.39m) — Production expenses down 31% to USD2.61m (2014: USD3.79m) …
Gazprom: Proposes Dividend of RUB 7.2 a Share
The Gazprom Board of Directors addressed the issues associated with arranging and holding the Company’s annual General Shareholders Meeting. The Board resolved to convene the annual General Shareholders Meeting of Gazprom at 10:00 am (local time) on June 26, 2015 at the Company’s headquarters in Moscow. Registration of the Meeting participants is to be carried out on June 24 (from 10:00 am to 5:00 pm) and on June 26 (from 9:00 am). The …
Gazprom Interview with Vitaly Markelov
Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee answers the questions posed by the Gazprom Magazine. Year results Mr. Markelov, how much gas and liquid hydrocarbons did Gazprom produce in 2014? In 2014 the volume of gas production totaled 443.9 billion cubic meters, which is 43.5 billion cubic meters less …
Lundin Petroleum: Secures Production License for the Morskaya Field in the Russian Caspian Sea
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that Rosnedra, the Russian licensing authority has issued a production licence for Morskaya field located within the Lagansky Block in the Russian part of the Caspian Sea. The production licence is valid until 2035 and covers approximately 50 km². The Morskaya …
Naftagaz Produces RDCR 2015 Video – Take a Look here!
Naftagaz, Platinum Sponsor to the recent RDCR held on the 9th April at the Kempinski Baltschug Hotel in Moscow, have released a video focussing on the event and the benefits they received from sponsoring and attending. Whether you attended the 3rd RDCR or not – this video is well worth …
Shelton Petroleum: Produces 23,300 Barrels in April
Shelton Petroleum’s total oil production in April 2015 amounted to 23,300 barrels, equivalent to 777 barrels per day. Shelton Petroleum holds 100% of the Rustamovskoye license in Russia. Shelton Petroleum has a 45% working interest in Kashtan Petroleum (holder of the license to the Lelyaki oil field) through its wholly …
LUKOIL Starts Production Tests At Facilities For Kandym Early Gas Project In Uzbekistan
LUKOIL has begun production tests of two Gas Treatment Plants (GTPs) at the Northern Shady Site and the Kuvachi-Alat Field in Uzbekistan’s Bukhara Region as part of the Kandym Early Gas Project, which is being implemented together with National Holding Company Uzbekneftegaz. The GTPs have a combined annual capacity of …
Exillon Energy: April Unaudited Production at 17,037 bbl/day
Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, is pleased to announce unaudited production data for the month of April 2015. · Our average daily production[1] was 17,037 bbl/day during the period. · Average daily production for …
Surgutneftegas: Denies Rosneft Share Acquisition
Given the recent publications in national and foreign mass media with reference to the Bloomberg news agency regarding the allegedly intended acquisition of Rosneft shares by OJSC “Surgutneftegas” the press-centre of OJSC “Surgutneftegas” declares that the contents of the above mentioned publications have no grounds whatsoever. Rumors being spread, in …