Gazpromneft Shelf: Prirazlomnoye Produces 10 Millions Barrels of Oil
March 2016 saw the 10-millionth barrel of oil produced at the Prirazlomnoye oilfield — located on the Russian Arctic Shelf in the Pechora Sea and currently under development by Gazpromneft Shelf. Shipment of this landmark barrel was completed by the Mikhail Ulyanov tanker on 10 March, the 22nd consignment since …
Petroneft Resources: Oil India Provides $35m in Funding for Major Drilling Program
PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased announce that it has reached agreement with Oil India, its partner on license 61, for a budget and major work programme for …
RDCR 2016 Delegate List Released!
RDCR 2016 – 62 Companies and Counting so far Represented, INITIAL DELEGATE LIST RELEASED. CLICK HERE TO VIEW! Can You Afford not to Attend? CLICK HERE TO REGISTER. PLUS…EDC Senior Vice President, Alexander Bogachev, confirm session moderation, Rosneft confirms high level delegation of 8, Gazpromneft plus divisions allocate 9 delegates, Gazpromneft NTC and RN …
Condor Petroleum: 2015 Results – Reserve Replacement Running at 183%
Condor Petroleum Inc. (“Condor” or the “Company”) (TSX: CPI) is pleased to announce the release of its Consolidated Financial Statements for the year ended December 31, 2015, together with the related Management’s Discussion and Analysis. These documents will be made available under Condor’s profile on SEDAR at www.sedar.com and on …
Rosneft: Eyes Essar Stake
During the visit to India Rosneft Chairman of the Management Board Igor Sechin has held negotiations with the Management of Essar. Preliminary mutual understanding has been achieved on the timing and structure of a deal to buy into the equity of Essar Oil Limited. The parties intend to sign and …
Vankorneft: Oil India, Indian Oil and Bharat Petroresources Take 23,9% Stake
Within his visit to India Rosneft Chairman of the Management board Igor Sechin signed in presence of the Minister of petroleum and natural gas Dharmendra Pradhan a set of documents, aimed at the creation of a unique international consortium, based on the Vankor project. Rosneft, Oil India, Indian Oil and …
Taas-Yuryakh Neftegasodobycha: Oil India, Indian Oil and Bharat Petroresources Buy 29.9% Stake
Rosneft (acting by the wholly owned subsidiary RN-Razvedka i Dobycha), Oil India, Indian Oil and Bharat Petroresources signed a legally binding share sale agreement relating to 29.9% participatory share in Taas-Yuryakh Neftegasodobycha. The document was signed by Rosneft Chairman of the Management Board Igor Sechin, Oil India Limited Chairman of …
Exillon Energy: Produces 14,660 bbl/day in February
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 February 2016 (“the Period”). · Our average daily production[1] was 14,660 bbl/day during the …
Yamal LNG: 9.9% Sold Stake to China’s Silk Road Fund
OAO NOVATEK announced today the closing of a transaction to sell a 9.9% equity stake in the Yamal LNG project (“Project”) to China’s Silk Road Fund (“SRF”) for a payment amounting to EUR 1,087 million. Following the deal completion, the shareholder structure of the Project is as follows: OAO NOVATEK …
Yamal LNG: 9.9% Sold Stake to China's Silk Road Fund
OAO NOVATEK announced today the closing of a transaction to sell a 9.9% equity stake in the Yamal LNG project (“Project”) to China’s Silk Road Fund (“SRF”) for a payment amounting to EUR 1,087 million. Following the deal completion, the shareholder structure of the Project is as follows: OAO NOVATEK …