GlobalData: Upstream Projects Remain Strong in Kazakhstan While Azerbaijan’s Crude Declines
While Kazakhstan and Azerbaijan have added over 1 million barrels per day (mmbd) to the world’s oil supply since 2005, the two countries are now diverging in their ability to grow production and influence global supply, according to an analyst with research and consulting firm GlobalData. Anna Belova, GlobalData’s Senior …
KDR 2015 – JSC NC KazMunayGas Confirms Platinum Event Sponsor
Transforming the Drilling Market for the Future Benefit of Kazakhstan Astana, Kazakhstan, 18th June 2015. TMG is proud to announce, in association with the Platinum Event Sponsor JSC NC KazMunayGas, the 1st KDR, Kazakh Drilling Roundtable, taking place in Astana on the 17th September 2015. With the second largest oil …
Rosneft and PDVSA Expand Cooperation in Crude Oil Trading
Rosneft and PDVSA signed at the St. Petersburg International Economic Forum the Term Sheet of the export contract for URALS supplies to the Venezuelan company. The document was signed by Rosneft Chairman of the Managing Board Igor Sechin and PDVSA President Eulogio del Pino. The document, computed for 1 year …
Rosneft and PDVSA Sign Eductional MOU
Rosneft, Petróleos de Venezuela S.A. (PDVSA), the Gubkin Russian State University of Oil and Gas and the Venezuelan University of Hydrocarbons signed a Memorandum on cooperation in the area of education and science within St. Petersburg International Economic Forum. The document was signed by Chairman of Rosneft Management Board Igor …
Gazprom’s Projects in Russia’s East Running On Schedule
The Gazprom headquarters hosted today Press Conference “Gazprom in Eastern Russia. Entry into Asia-Pacific Markets” held on the threshold of the Company’s annual General Shareholders Meeting. Taking part in the Press Conference were Vitaly Markelov and Alexander Medvedev – Deputy Chairmen of the Gazprom Management Committee; Oleg Aksyutin, Dmitry Lyugai …
Gazprom’s Projects in Russia's East Running On Schedule
The Gazprom headquarters hosted today Press Conference “Gazprom in Eastern Russia. Entry into Asia-Pacific Markets” held on the threshold of the Company’s annual General Shareholders Meeting. Taking part in the Press Conference were Vitaly Markelov and Alexander Medvedev – Deputy Chairmen of the Gazprom Management Committee; Oleg Aksyutin, Dmitry Lyugai …
KazRosGas and KPO Sign Karachaganak Gas Supply Agreement
Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Renato Maroli, Director General of Karachaganak Petroleum Operating (KPO) signed an agreement between KazRosGas and KPO in Astana. The document extends till 2038 the long-term sales and purchase contract for nearly 9 billion cubic meters of gas annually from the …
Rosneft Holds Annual General Meeting of Shareholders
On June 17, 2015 Annual General Meeting of Rosneft shareholders was held in St. Petersburg. Holders of 89.7% of the Company’s shares took part in the meeting. The Meeting approved the Annual Report, Annual Financial Statements, Profit Distribution of Rosneft for 2014. The decision was taken to distribute 87 billion …
Slavneft: Yuri Sukhanov Stepping Down as President
Yuri Sukhanov, who has managed OAO NGK Slavneft for more than 13 years, is stepping down from the post of the Company’s President. In accordance with the effective corporate procedures, at the meeting held on June 15, 2015, the Staff and Remunerations Committee (advisory committee of the Company’s Board of …
Kara-Winter-2015 Has Become The Largest Arctic Expedition In The World In Recent 20 Years
Kara-Winter-2015, scientific-exploratory expedition, organized by Rosneft with the support of the Arctic Research and Design Center and FSBI Arctic and Antarctic research institute is successfully completed. It has become the largest arctic expedition in the world in recent 20 years by the scope and the structure of works. Explorations lasted …