Rosneft and CNPC Endorse Feasibility Study for Construction of the Tianjin Refinery
November 8. The Board of Directors of the PetroChina-Rosneft Orient Petrochemical (Tianjin) Company Ltd (a joint venture of Rosneft and the Chinese National Petroleum Corporation (CNPC)) endorsed the Feasibility Study (FS) for the project to construct the Tianjin refinery as regards the oil refining package at a meeting in Beijing. …
Rosneft and CNPC Signed a Framework Agreement on the Purchase of 10% Share Stake of Vankorneft
Rosneft and China National Oil & Gas Exploration and Development Corporation (CNPC subsidiary) have signed a framework agreement envisaging the purchase of a 10% share stake in ZAO Vankorneft. The document was signed on the sidelines of the APEC summit. The agreement was signed by Rosneft Chairman of the Managing …
Rosneft: Completes Seismic Data Acquisition in East-Siberian Sea Ahead of License Schedule
Rosneft finished a complex of seismic data acquisition on the East-Siberian-1 block in the offshore area of the East-Siberian Sea. The Company carried out seismic data survey independently, the amount of 2D works totaled 2 thousand km. Despite of extremely severe ice conditions this year, all works were carried out …
Petrogrand: Reports No Income in the 3rd Quarter
Third quarter of 2014 During the 3rd quarter, the Group had no operating income (-). The operating result for the 3rd quarter amounted to TSEK -5 665 (-144 803). Net financial items in the 3rd quarter amounted to TSEK 5 318 (-2 560), including currency effects TSEK 5 115 (-). Net …
SPD and Yugra Government Signed Cooperation Agreement for 2015
Salym Petroleum Development (SPD) and the Government of Khanty-Mansi Autonomous Okrug – Yugra signed the Cooperation Agreement 2015. The signatures on the document were affixed by the Governor of Yugra Natalia Komarova and SPD CEO Oleg Karpushin. SPD total social investments to Yugra development in 2015 will make 80 million …
Exillon Energy: 17,470 bbl/day Production in September and Drilling Update
Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora and West Siberia, today issues an interim management statement and drilling update. Highlights · Our average daily production1 was 16,678 bbl/day in July, 16,927 bbl/day in August and 17,470 bbl/day in …
Roxi Petroleum: BNG on 30 Day Well Test
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its BNG, Galaz and Munaily assets. BNG Background The BNG Contract Area is located in the west of Kazakhstan 40 kilometres southeast of Tengiz on …
SPE Annual Caspian Technical Conference And Exhibition Draws Region’s Key Media
The inaugural SPE Annual Caspian Technical Conference and Exhibition (CTCE), taking place in Astana from November 12-14, has attracted support from a wide range of influential news, business and oil and gas media from across the Caspian region and beyond. Drawn by the strong speaker line-up, made up of senior …
TATNEFT and Energy Consulting Has Been Acknowledged the Best in the SAP Contest
The partner solution in the field of personnel management on SAP ERP HCM platform developed by the professionals of JSC TATNEFT and Energy Consulting was recognized the best at the SAP Solutions Russian Localization Summit. The contest for the best partner solution in SAP ERP FI/LO (Finance and Logistics) and …
Rosneft: Oil Pipeline Construction Started at the Messoyakha Cluster
Messoyakhaneftegaz began constructing a pressure oil pipeline from the Messoyakha field cluster located in northern Yamalo-Nenetskiy Autonomous Area to the Zapolyarye-Purpe trunk pipeline system. The oil pipeline with a maximum throughput capacity of 7 mmtpa will be laid from both sides at the same time for a total length of …