XI Moscow International Energy Forum (MIEF-2013): new impetus for strategic understanding of Russian Fuel & Energy Complex in the future.
XI Moscow International Energy Forum and Exhibition “Russian Fuel & Energy Complex in the XXI Century” (MIEF-2013) have completed its work. More than 1600 delegates participated in the Forum, among them were the foreign representatives and diplomatic missions’ staff from 18 countries, official delegations from 40 regions of the Russian …
Cadogan Petroleum plc: Annual Financial Report
The Directors present the Annual Financial Report for the year ended 31 December 2012. The full Annual Report and Accounts will shortly be available via the Company’s website at www.cadoganpetroleum.com KEY POINTS Cadogan Petroleum plc is an independent oil and gas exploration,development and production company with onshore gas, condensate and …
Rosneft Head Visited GE Offshore And Underwater Hydrocarbon Production Department in Britain
Igor Sechin, Rosneft President, Chairman of the Management Board visited GE Offshore and Underwater Hydrocarbon Production Department in the English city of Aberdeen as part of a series of Rosneft delegation visits to GE production and engineering facilities. During the visit Rod Christie, Vice President, Subsea Systems, GE Oil & …
Rosneft completes acquisition of minority stake in Saras S.p.A.
Rosneft JV Projects S.A., an indirect 100% subsidiary of Rosneft announces, pursuant to Article 41, paragraph 2, letter c) of the Consob Regulation no. 11971/1999, that on April 23, 2013 it completed the acquisition of 130,290,883 shares of Saras S.p.A. (representing approximately 13.70% of the issued share capital of Saras …
Lukoil Announces the Completion of the Issuance of US$3 Billion of Eurobonds
LUKOIL announces the completion of the issuance of US$3.0 billion in Rule 144A/Regulation S notes. The offering consists of of 5-year US$1.5 billion of 3.416% notes and 10-year US$1.5 billion of 4.563% notes. The notes have been issued by LUKOIL International Finance B.V. and guaranteed by OAO LUKOIL. OAO LUKOIL intends to …
Alliance Oil Company issues 7-year Eurobond
Alliance Oil Company Ltd. has agreed to issue a USD 500 million seven-year senior unsecured Eurobond. The bond will mature on May 4th, 2020 and will pay fixed coupon of 7% per annum. The offering was placed in the international debt capital markets and met strong demand from US, European and Asian …
Gazprom to Acquire 92.25% of Kamchatgazprom Shares from Rosneftegaz
The Board of Directors approved the acquisition by Gazprom of a 92.25 per cent stake in Kamchatgazprom from Rosneftegaz. According to the terms of the deal agreed upon with Rosneftegaz the shares of Kamchatgazprom will be purchased for RUB 2.85 billion. Gazprom will be offered the opportunity of making interest-free …
Hughes Network Systems: Launches New Ruggedized Terminal Designed with Compact Integrated Antenna, Ideal for Extreme Weather Conditions
Hughes Network Systems, LLC, the global leader in broadband satellite networks and services, and the only approved North American manufacturer of Broadband Global Area Network (BGAN) terminals, today announced that its new Hughes 9502 BGAN M2M (machine-to-machine) terminal with integrated antenna has been fully ‘Type Approved’ by Inmarsat, and commercial …
Bashneft wins the IT-Leader Award for the third consecutive year
On April 19, 2013, the IX Annual National ‘IT-Leader – 2013’ Award ceremony was held in Moscow. Bashneft won the award for the third consecutive year. This year, the Company has won in the special category ‘For Achievements in Creating HP Converged Cloud’ In 2011-2012 Bashneft implemented a number of …
Range Resources Proposes to Undertake Merger with International Petroleum
Range proposes to merge with International Petroleum on a ratio of three Range ordinary shares for every two International Petroleum ordinary shares (3:2 basis) subject to various conditions, including final due diligence and regulatory approvals; – Based on Range’s current share price (on the AIM market), this values International Petroleum …