Gazprom Responds to EU “Statement of Objections”
On April 22, 2015 the European Commission published a press release on its official website, according to which the European Commission adopted a “statement of objections” in the course of ongoing antitrust investigation of OAO “Gazprom” activity in the European Union (EU). OAO “Gazprom” considers the claims brought by the …
Alexey Miller and Alexis Tsipras Discuss Gas Pipeline Construction in Greece
Athens hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Alexis Tsipras, Prime Minister of the Republic of Greece. The parties addressed the main areas and prospects for the Russian-Greek cooperation in the gas sector. The meeting pointed out the need to diversify natural …
Zoltav Resources: Aiming to “Live Within Our Means and Focus on Operational Excellence”
Zoltav, the Russia and CIS-focused oil and gas exploration and production company, announces final results for the year ended 31 December 2014. Corporate Highlights · Acquired 100 per cent. interest in the Bortovoy Licence in the Saratov Oblast of the Russian Federation on 18 June 2014 for US$180 million – …
Zoltav Resources: Aiming to "Live Within Our Means and Focus on Operational Excellence"
Zoltav, the Russia and CIS-focused oil and gas exploration and production company, announces final results for the year ended 31 December 2014. Corporate Highlights · Acquired 100 per cent. interest in the Bortovoy Licence in the Saratov Oblast of the Russian Federation on 18 June 2014 for US$180 million – …
Urals Energy – EGM Update
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to make the following statement ahead of the Company’s Extraordinary General Meeting that is being held in Cyprus at 9 a.m. (BST) today. As stated previously, the Board of Urals Energy believes that the Company’s …
UK Government Tells LetterOne Group Friedman To Sell UK Assest
Russian billionaire Mikhail Fridman must sell his North Sea gas fields within six months, the UK has ordered. His LetterOne Group acquired the assets as part of a €5.1bn acquisition of the oil and gas arm of Germany’s RWE. UK energy secretary Ed Davey fears production from the gas fields …
Urals Energy: No Bids Received to Make Share Price Jump
The Board of Urals Energy PCL (AIM:UEN), the independent exploration and production company with operations in Russia, notes the rise this morning in the Company’s share price and the speculation online regarding a possible offer for Urals Energy. The Company confirms that it has not received an approach with regards …
Salym Petroleum Development: Appoint Alexey Govzich as CEO
On 20 April 2015 Alexey Govzich has been appointed Chief Executive Officer of Salym Petroleum Development (SPD). He took over the position from Oleg Karpushin who will continue his career in Shell. “I am glad that I will be working with a solid professional team set up in SPD”, Alexey …
Lundin Petroleum: Appoint Nick Walker as Senior Vice President Development and Operations
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that Mr. Nick Walker will join Lundin Petroleum’s management team as Senior Vice President Development and Operations. Mr. Walker will join Lundin Petroleum with immediate effect and will have the responsibility of overseeing all worldwide development projects as well as being …
Statoil Committed to End Routine Flaring by 2030
Statoil and several other oil companies and nations joined together today to commit, for the first time, to end the practice of routine gas flaring at oil production sites by 2030. CEO Eldar Sætre represented Statoil at the signing at the World Bank in Washington together with Norwegian foreign minister …