Gazprom: 1H Results – Profit Up 50%
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 six months ended June 30, 2015. The table below presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS …
Rosneft Financial and Operating Results for Q2 2015:
Increase in daily HC production by 2.0% up to 5.15 mboed in H1 2015, increase in production drilling meterage by more than 30% Maintaining operating expenses per unit of 158 RUB/boe in two consecutive quarters in terms of industry inflation rate of 11.5% Sustainable positive free cash flow up to …
Eni: Discovers Super Gas Giant at Zohr in Eygpt
Eni has made a world class supergiant gas discovery at its Zohr Prospect, in the deep waters of Egypt. The discovery well Zohr 1X NFW is located in the economic waters of Egypt’s Offshore Mediterranean, in 4,757 feet of water depth (1,450 metres), in the Shorouk Block, signed in January …
LukOIL: 1H Board Review
The PJSC LUKOIL Board of Directors has reviewed the preliminary results for the first half of 2015 and progress in the realization of budget and investment programs for 2015, in Moscow today. As a result of geological exploration carried out by the company within the reporting period, the hydrocarbon recoverable …
Tethys: Receives New Nostrum Offer But Will Also Pursue Other Offers
Tethys Petroleum Limited announces that following its press release on August 10, 2015 in respect of an approach from Nostrum Oil & Gas PLC (“Nostrum”), the Company has received a revised non-binding and highly conditional proposal from Nostrum setting out the terms on which Nostrum is prepared to make an …
LukOIL: 1h Results – Production Up 4.8%, EBITDA Down 32.4%
LUKOIL has published consolidated US GAAP financial statements for the first half of 2015. In the first half of 2015, daily hydrocarbon production by the Group was 2,373 thousand boe per day (+4.8% y-o-y). Crude oil and natural gas liquids produced by the Group were 2,044 thousand barrels per day …
Bashneft: Q2 Resulsts – Net Income Up to 17.9bn Rub
Today, Bashneft Group, which comprises PJSOC Bashneft and its subsidiaries and affiliates, has released its unaudited consolidated financial statements for the second quarter of 2015 and the six months ended June 30, 2015 prepared in accordance with International Financial Reporting Standards (IFRS). 2Q 2015 vs. 1Q 2015: – The Group’s …
Petrogrand: Q2 and 1H Results
Second quarter of 2015 – Acquisition of 49% interest in Ripiano Holdings Ltd, with 3 producing oil fields in Komi in Russia. – During the second quarter, the Group had no operating income (-). The operating result for the second quarter amounted to TSEK -7 433 (-11 699). – The …
Russia and China Aiming for Successful Conclusion of Negotiations on Western Route
Beijing hosted today working meetings among Alexey Miller, Chairman of the Gazprom Management Committee, Zhang Gaoli, First Vice Premier of China’s State Council and Wang Yilin, Chairman of the Board of Directors of China National Petroleum Corporation (CNPC). The participants addressed the issues of bilateral cooperation, particularly the preparations for …
Gazprom Geologorazvedka Discovers New Deposits at the Imbinskoye Field
Two new hydrocarbon deposits in the Imbinskoye gas field were discovered by Gazprom Geologorazvedka, exploration operator in the Imbinsky license block of Gazprom (Boguchany District, Krasnoyarsk Territory). In compliance with the approved Geological Exploration Program, between 2010 and 2012 the company conducted 3D seismic surveys at the Imbinskoye field as …