Dockwise Supports Combination with Boskalis and Recommends Boskalis Offer to Shareholders
The Board of Directors of Dockwise has unanimously resolved to support the combination of Dockwise and Boskalis and to recommend the mandatory cash offer by Boskalis of EUR 18.50 / NOK 137.65 per share cum dividend for all of the issued and outstanding common shares in the capital of Dockwise. …
TNK-BP Increases Investment in Environmental Programs by 40% in 2012
ТNК-ВР informs that investment in environmental protection in the Orenburg region has increased 40% based on 2012 results to amount to over 520 mln rubles compared to 2011. TNK-BP is consistently implementing a comprehensive program aimed at minimizing the impact of its operations on the environment. The Company is …
LUKoil Top Management Continue Share Purchases
President Vagit Alekperov and Vice-president Leonid Fedun of OAO LUKOIL over the last two weeks made acquisitions in Company stock in the amount of 140,000 shares and 31,875 shares at market price, which amounted to RUR 281 million and RUR 63.7 million, respectively. As a result of the transactions, Vagit …
ITF Secures 3 New Members
ITF, the global technology facilitator, has signed three new members to its international group of oil and gas operators and service companies, who will work together to drive forward innovation and collaboration in the industry. CNR International (CNR), the International division of Canadian Natural Resources Limited (Canadian Natural), one of …
Gazprom and LUKOIL Agree on Associated Petroleum Gas Processing at Sosnogorsk GPP
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Vagit Alekperov, President of LUKOIL. On Timaiz Mountain in Yugyd Va (Clear Water) state national park, Komi Republic The parties discussed the progress with the Agreement on Strategic Partnership, as well as the cooperation deepening issues. In particular, Alexey Miller and …
Dragon Oil: Financial Results 2012 – Reserve Replacement at 180%
Dragon Oil, an international oil and gas exploration, development and production company, today announces its full-year results for the year ended 31 December 2012. These results are prepared in accordance with International Financial Reporting Standards as adopted by the European Union. Key Operational and Corporate Highlights Drilling § Fifteen wells …
Roxi Petroleum: First Payments of the $40 million Equity Investment and a New CFO
Further to the announcement of Tuesday 15 January 2013, concerning the agreement in relation to the equity investment of $40 million, Roxi is pleased to announce that the first $10 million payable under the subscription agreement has been received and that 83,791,429 new Roxi shares will be issued to Mr. …
Russian Deputy Minister to Present at Arctic Oil and Gas Conference
The Deputy Minister of Natural Resources and Environment of the Russian Federation, Denis Khramov, has confirmed to speak at the 2nd Arctic Region Oil & Gas Conference, taking place on 26 – 27 February 2013 in Stavanger, Norway. The 2nd Arctic Region Oil & Gas Conference provides a timely platform …
ТNК-ВР Invests 15 Million Rubles in Expanding Unmanned Aerial Vehicles Fleet in KhMAO Fields
ТNК-ВР informs that OJSC ТNК-Nyagan (TNK-BP Group of Companies) has invested over 15 mln rubles in the creation of a four unmanned aerial vehicles (UAV) fleet within the 24/7 aerial monitoring program for the Company fields in KhMAO. TNK-BP is consistently implementing the intelligent oil production management system across …
Slavneft and Yaroslavl Region Government Outlined Cooperation Program for 2013
Slavneft and the Yaroslavl Region Government signed a supplementary cooperation agreement for 2013. The document was signed by Yu.Ye. Sukhanov, the Company’s President and Sergey Yastrebov, the Yaroslavl Region Governor. Under the newly signed agreement, this year, Slavneft’s subsidiaries situated in the Yaroslavl Region will allocate over 230 mln rubles …