Oil & Gas Operators

2015 National Energy Report of the KAZENERGY Association

In 2016, crude oil prices will rise, on average, to about $63 per barrel and in 2020 to about $80 per barrel. Prior to 2035 the growth in demand for primary energy in the world is expected to average 1.3% per year and will be from 90 till 115 million …

READ MORE →
Oil & Gas Operators

NOVATEK Board Of Directors Recommends 1H 2015 Dividend

OAO NOVATEK (“NOVATEK” or the “Company”) announced the results of its Board of Directors (“the Board”) meeting held today. The Board discussed the Company’s results for the first half 2015 and recommended to the Extraordinary General Meeting of Shareholders (“EGM”) convened on 25 September 2015 the size of the interim …

READ MORE →
Oil & Gas Operators

Rosneft Closes the Transaction for the Acquisition of a Russian Oilfield Service Company from Trican Well Service Ltd.

A company of the Rosneft Group and a subsidiary of Trican Well Service Ltd. closed the transaction, pursuant to which a Rosneft subsidiary acquires a 100% participation interest in Trican Well Service LLC, which provides high-quality pressure pumping services focused on enhancement of production within the conventional oil and gas …

READ MORE →
Oil & Gas Operators

Shelton Petroleum AB: Interim report January-June 2015

Increased operating margin compared to the first quarter January – June 2015 – Total revenue for the period: SEK 42 (63) million – Operating result for the period: SEK 5 (15) million – Operating margin: 12% (23%) – Basic and diluted earnings per share: SEK 0.19 (0.70) April – June …

READ MORE →
Oil & Gas Operators

Lukoil: Sells Caspian Investments Resources to Sinopec for USD 1,087 million

PJSC LUKOIL closed a deal to sell its 50% share in Caspian Investments Resources Ltd. to China-based Sinopec. The required permits from the state authorities of the Republic of Kazakhstan were acquired in late July 2015. According to the contract LUKOIL receives USD 1,087 million. Caspian Investments Resources Ltd. has …

READ MORE →
Oil & Gas Operators

Shelton Petroleum AB: Interim Report January-June 2015

Increased operating margin compared to the first quarter January – June 2015 Total revenue for the period: SEK 42 (63) million Operating result for the period: SEK 5 (15) million Operating margin: 12% (23%) Basic and diluted earnings per share: SEK 0.19 (0.70) Statement from the CEO Robert Karlsson During …

READ MORE →
Oil & Gas Operators

Gazprom’s CEO Alexey Miller, meets Eni’s CEO, Claudio Descalzi in Moscow

The Chief Executive Officer of Gazprom, Alexey Miller, met today in Moscow the Chief Executive Officer of Eni, Claudio Descalzi. During the meeting, which was held in an atmosphere of cordiality, they discussed, among other things, over the global energy scenario with a particular focus on the dynamics of the …

READ MORE →
Conferences & ExhibitionsOil & Gas Operators

TCO Confirm Attendance and Presentation at KDR 2015

The organizers are pleased to announce that Tengizchevroil will be attending and making a presentation the upcoming KDR. As one of the leading operators in Kazakhstan, TCO are joining industry colleagues, government and academia to discuss the drilling challenges faced in the region. Antonio Rosada, Drilling and Completion Engineering Manager …

READ MORE →
Oil & Gas Operators

Gazprom: PetroChina Gas Negotiations Progressing Well

The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Huang Weihe, Vice President of PetroChina. The parties addressed the issues of arranging Russian gas supply to China via the western route. It was pointed out that the main terms and conditions of …

READ MORE →
Oil & Gas Operators

Gazprom Geologorazvedka: Population of Sakhalin Region Approves Offshore Seismic Surveys in Sea of Okhotsk

Public hearings took place today in Nogliki settlement (Sakhalin Region). They were dedicated to 3D seismic exploration within the Kirinsky prospect (offshore the Sea of Okhotsk), including environmental impact assessment studies. Gazprom Geologorazvedka is the project customer. The hearings resulted in public approval of its implementation. The objective of exploration …

READ MORE →