Oil & Gas Operators

Tatneft: December 2014 Board of Directors Meeting Results

A regular meeting of the Board of Directors of JSC TATNEFT chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Almetyevsk (Republic of Tatarstan), on December 25, 2014. The Board of Directors reviewed the budget performance of JSC TATNEFT for eleven months of 2014 and approved …

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Oil & Gas Operators

TATNEFT and TANECO Are among “ECOleaders” of Tatarstan

JSC TATNEFT was for the eleventh time running recognized the absolute winner of the Republican “ECOleader” contest. JSC TANECO was awarded the first place in the nomination “Oil Production and Petrochemical Industry.” The awarding ceremony of the winners of the Republican “ECOleader” and “Man and Nature” contests was held in …

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Oil & Gas Operators

TATNEFT and TANECO Are among "ECOleaders" of Tatarstan

JSC TATNEFT was for the eleventh time running recognized the absolute winner of the Republican “ECOleader” contest. JSC TANECO was awarded the first place in the nomination “Oil Production and Petrochemical Industry.” The awarding ceremony of the winners of the Republican “ECOleader” and “Man and Nature” contests was held in …

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Oil & Gas Operators

In 2014 Rosneft and General Electric Accomplished a Training Program for the Employees of the Oil Company

Rosneft and General Electric have accomplished a training program for managers and engineers of the Company. The project was realized as part of the strategic partnership between Rosneft and General Electric. Modern challenges of global energy oblige leading companies of the world invest in human development. Rosneft treats this field …

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Oil & Gas Operators

Rosneft Increases its Stake in the National Oil Consortium to 80% of Shares

Rosneft and Lukoil signed a package of legally binding documents regarding Rosneft’s acquisition of 20% share in the National Oil Consortium LLC (NOC). Due to this deal the share of Rosneft in the charter capital of NOC will increase to 80%, with the remaining 20% owned by Gazprom Neft. Consolidation …

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Oil & Gas Operators

Rosneft Started Experimental Production at Turonian Deposits of Yamal

Rosneft started experimental production of tight gas reserves of the Turonian field at the Kharampurskoye field, situated at the territory of the Yamalo-Nenets Autonomous District. First produced gas is already delivered to the gas booster station of the Kharampurskoye field. In order to engage tight reserves into upstream, the Company …

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Oil & Gas Operators

LUKOIL Agrees to Sell Its Interest in National Oil Consortium

OAO LUKOIL and OAO Rosneft Petroleum Company signed a package of legally binding documents regarding the sale of LUKOIL’s interest in OOO National Oil Consortium (NOC), in Moscow today. LUKOIL intends to sell its 20% stake in the authorized capital of the NOC, established by Russian oil companies in October …

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Oil & Gas Operators

BP and SOCAR Sign Absheron PSA

BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) today signed a new production sharing agreement (PSA) to jointly explore for and develop potential prospects in the shallow water area around the Absheron Peninsula in the Azerbaijan sector of the Caspian Sea. This new agreement is part …

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Oil & Gas Operators

Rosneft & Morgan Stanley Terminate Global Oil Merchanting Purchase Due to Regulatory Blocks

Rosneft and Morgan Stanley had to terminate the contract to sell Morgan Stanley’s Global Oil Merchanting business to Rosneft Oil Company dated 20 December 2013 due to an objective impossibility to complete the deal that has arisen as a result of regulatory clearances being refused. Having invested substantial efforts in …

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Oil & Gas Operators

Rosneft & Morgan Stanley Terminate Global Oil Merchanting Purchase Due to Regulatory Blocks

Rosneft and Morgan Stanley had to terminate the contract to sell Morgan Stanley’s Global Oil Merchanting business to Rosneft Oil Company dated 20 December 2013 due to an objective impossibility to complete the deal that has arisen as a result of regulatory clearances being refused. Having invested substantial efforts in …

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