Oil & Gas Operators

OAO NOVATEK announced that independent petroleum engineers, DeGolyer & MacNaughton, have completed their comprehensive reserve appraisal of the Company’s hydrocarbon reserves as of 31 December 2015. Total SEC proved reserves, including the Company’s proportionate share in joint ventures, aggregated 12,817 million barrels of oil equivalent (boe), including 1,775 billion cubic …

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Shahid Khaqan Abbasi, Minister of Petroleum and Natural Resources of the Islamic Republic of Pakistan. The parties considered promising areas of cooperation, particularly addressing the possibility of Russian LNG supplies to Pakistan …

Following the Extraordinary Shareholders’ Meetings in Petrogrand AB and Shelton Petroleum AB (currently Petrosibir AB) on 9 November 2015, the business combination of the two entities was completed in late December 2015. Shortly after the EGM, the Disciplinary Committee of Nasdaq Stockholm decided to delist both companies’ shares as of …

RN-Uvatneftegaz, a Rosneft subsidiary, started commercial oil production at Zapadno-Epasskoye field, a new field of the Uvat project. The field is located 250 km away from the village of Uvat within the Ust-Tegussky license area. Its recoverable oil reserves amount to over 17 mln mt. Currently the field’s well stock …

St. Petersburg hosted a working meeting of Alexey Miller, Chairman of the Gazprom Management Committee with Harry Brekelmans, Maarten Wetselaar and Ronan Cassidy, Members of the Executive Committee of Shell. The parties addressed a variety of issues relating to the strategic cooperation between Gazprom and Shell. Touching upon the Sakhalin …

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 December 2015 (“the Period”). · Our average daily production[1] was 15,298 bbl/day during the …

KazMunaiGas Exploration & Production announces that Ozenmunaigas’ (“OMG”) request to temporarily have Mineral Extraction Tax (MET) relief for 2015, approved for the Uzen and Karamandybas fields in Mangystau Province, has not been approved by the Kazakh Government. In a low oil price environment, the Kazakh Government has the ability to …

Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the nine months ended September 30, 2015. The table below presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS …

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Rainer Seele, Chairman of the OMV Executive Board. The parties discussed issues of cooperation, particularly addressing the Nord Stream II project. It was noted that the growth in demand for Russian gas …

The LUKOIL Board of Directors held a meeting in Moscow today to summarize the Company’s preliminary performance results in 2015 and set priorities for 2016 and the near-term outlook. The 2015 hydrocarbon production growth was attained through the implementation of large-scale projects in the Northern Caspian Sea, West Siberia, the …