Uncategorized

Integrated Management System of TANECO Meets International Standards’ Requirements

The “TANECO” Complex of Refining and Petrochemical Plants has received certificates for the integrated management system compliance with the requirements of international standards ISO 9001:2008, ISO 14001:2004 and OHSAS 18001:2007. The IMS certification audit performed by experts of BUREAU VERITAS Certification (BVC), confirmed the compliance of the JSC “TANECO’s” IMS …

READ MORE →
Uncategorized

Zoltav Resources Plans To Acquire CenGeo Holdings

Zoltav Resources Inc announced the proposed acquisition of CenGeo Holdings Ltd for US$26 million or about 17.4 million pounds satisfied through the issue of about 473.16 million new Zoltav shares at 3.5 pence per share. CenGeo Holdings, through its wholly owned subsidiary ZAO Siberian Geologicheskaya Kompanya or “SibGeCo”, holds the …

READ MORE →
Uncategorized

Petroneft Resources: Arbuzovskoye Pressure Tests Inline with Expectations

PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, provides the following update on its operations at Licence 61. Highlights: • Arbuzovskoye well 105 successfully completed – Initial oil flow rate of 160 bopd, with no water production • Successful workover restores production at …

READ MORE →
Uncategorized

Gazprom and Kazakhstan Address Prospects for Bilateral Cooperation

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Sauat Mynbayev, Oil and Gas Minister of the Republic of Kazakhstan. The parties discussed prospects for bilateral cooperation in the energy sector, including the implementation of joint projects in hydrocarbon exploration, production, processing and marketing. Kazakhstan Background The explored …

READ MORE →
Uncategorized

Exillon Energy: Reports Worldview to Regulators for “Spurious Allegations”

Further to the announcement on 13 March 2013, Exillon Energy plc”Exillon”, a London Premium listed independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora and West Siberia, adjourned the extraordinary general meeting of shareholders convened today, following the withdrawal of the requisition by Worldview Capital Management …

READ MORE →
Uncategorized

Gazprom Approves Action Plan for the LNG Plant Near Vladivostok and Establishing a Resource Base

Alexey Miller, Chairman of the Gazprom Management Committee held a meeting today at the Company’s headquarters regarding the Vladivostok-LNG project. Vladivostok The meeting participants discussed, in particular, creation of a resource base for the LNG plant near Vladivostok over a long-term period. Special attention was also paid to the information on the potential capacity of the Asia-Pacific markets for Russian …

READ MORE →
Uncategorized

Tatneft: 200,000 Tons of Extra-Viscous Oil Have Been Produced at Ashalchinskoye Field

200,000 tons of extra-viscous oil (EVO) have been produced at Ashalchinskoye field of JSC TATNEFT since the beginning of its development. The planned production of EVO for 2013 amounts to 117,5 thousand tons. The target of the Company’s commercial extra-viscous oil development is Sheshminsky horizon of the Cheremshano-Bastrykskaya zone Ufimian …

READ MORE →
Uncategorized

TGS Announces Commercial Agreement to Sell Fugro’s 2D Multi-client Library

TGS-NOPEC Geophysical Company ASA announces a commercial agreement to sell Fugro’s 2D multi-client library. As a result of this agreement, Fugro provides TGS with an exclusive right to licence and market the majority of Fugro’s multi-client 2D library and receive commission fees on the sales of this data. The agreement …

READ MORE →
Uncategorized

Exillon Energy: Proved Reserves Up 56%, Probable Up 96%

Exillon Energy plc, a London Premium listed independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), today issues its updated reserves report prepared by Miller & Lents, Houston. ·     Total proved (“1P”) reserves increased by 56% to 196 million …

READ MORE →
Uncategorized

Former TNK Tycoons Look to Partner with Ex BP Chiefs

Representatives of the Alfa Group, set to earn billion of dollars from the sale of Anglo-Russian oil venture TNK-BP, have sounded out former BP CEOs John Browne and Tony Hayward about investing jointly in international oil projects. German Khan, one of four Soviet-born businessmen who shared control of TNK-BP with …

READ MORE →