Roxi Petroleum plc: First Production From Munaily
Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that production at the Munaily field from Well H1 has commenced at a rate of 125 bopd as of 2 December2012. The Munaily field is located in the Atyrau Oblast approximately …
A Delegation of KazMunaiGas visited Tatneft
The delegation of JSC NC “KazMunaiGas” headed by Timur Bimagambetov, Deputy Chairman of the Board, paid a working visit to TATNEFT Company. Members of the delegation composed of department heads, representatives of departments of JSC “Exploration, Production “KazMunaiGaz”, JSC “Ozenmunaigaz”, JSC”Embamunaigaz”, “Engineering Center”, JSC “KazNIPImunaigaz” as well as Chief Geologists, …
Rosneft President Igor Sechin Holds Talks With Chinese Vice Premier Wang Qishan
Igor Sechin, President and Chairman of the Management Board at Rosneft, held talks on December 4 with Wang Qishan, Vice Premier of the People’s Republic of China and a member of the Politburo Standing Committee of the Communist Party of China. The two discussed a broad range of issues relating …
TNK-BP’s Social Investments in Yugra to Exceed 157 Million Rubles in 2013
TNK-BP informs that in 2013 it will invest over 157 mln rubles in social and charity projects in the territory of KhMAO-Yugra. The money will be used to build or recondition social facilities, support youth movements and organizations working with children, and implement healthcare and environmental education projects. TNK-BP has …
TNK-BP Introducing Best International Practices of EPC Projects Implementation in Russia
TNK-BP strives to improve the efficiency of major project implementation by introducing best international practices and mechanisms of major project “turnkey” contracting (ECP – Engineering, Procurement, and Construction). TNK-BP hosted an international conference where representatives of over 60 major foreign and Russian ECP contractors, oil and gas experts and …
Gazprom satisfying voluntary environmental commitments
The Gazprom Board of Directors endorsed the Company’s efforts aimed at implementing the voluntary mechanisms of environmental responsibility. The meeting noted that modern world experience contemplated for companies not just meeting the environmental protection requirements that were in line with the applicable laws, but, in this respect, undertaking the voluntary commitments, and the most common of those were as follows: …
NGV fuel market development to become an important part of Gazprom activities on gasification of Russian regions
The Gazprom Board of Directors took notice of the information relevant to the comprehensive regional gasification with due account of the NGV fuel market development. It was noted that since 2013 the annual Program for Russian Regions Gasification, regional programs for gas supply and gasification development and synchronization schedules for gasification programs will contain mandatory sections on the NGV fuel use and the …
Gazprom: Management Committee reports expenditures to Board of Directors
The Board of Directors took notice of the information regarding the expenditures of Gazprom and its subsidiaries. It was noted that in the previous two years Gazprom had been one of the world’s leading companies by net profit and that it was a leader among the international oil and gas majors by profitability. Practical application of the price formula for pipe products in the first …
Max Petroleum plc: Shareholder Meeting in Connection with Debt Restructuring
Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, announces, further to its announcement on Tuesday 27 November (the “27 November Announcement”), that it will today issue a circular to shareholders convening a general meeting to be held at the offices of Akin Gump LLP, Eighth …
Roxi Petroleum plc: Galaz Spudding NK-12
Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the NK-12 well at the NW Konys asset (Galaz) was spudded on 23 November 2012. This appraisal well is planned to drill to a total depth of 1500 meters and …