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TNK-BP to Invest $40 Million in Reconstruction of Treatment Facilities at Saratov Oil Refinery by 2016

The Saratov Oil Refinery (a member of the TNK-BP Group of Companies) has launched a project to reconstruct its purification facilities. Between now and 2016, TNK-BP will spend around $40 million on the project. TNK-BP is implementing a comprehensive programme to reduce its environmental footprint at the Saratov Oil Refinery …

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Max Petroleum Plc: Annual Report and Notice of AGM

Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, today announces the  publication of its annual report and accounts for the year ended 31 March 2012. The Company also announces that  its Annual General Meeting will be held at 11:00 am on Monday 24 September 2012, …

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T.D. Williamson Opens First Office In Kazakhstan

New Office Offers Broad Range of Pipeline Services to Thriving Kazakh Oil Community T.D. Williamson (TDW), a leading provider of pipeline equipment and services, announced the opening of a new office in Kazakhstan. The facility has been set up as a limited liability partnership (LLP) in Atyrau, Kazakhstan. Atyrau was …

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Rosneft Launches Seismic Survey in Pechora Sea

Rosneft has begun offshore exploration at the South Russky license block in the Pechora Sea. A 3D CDP seismic survey covering 1,200 square kilometres is being carried out by three field exploration parties from Yuzhmorgeologiya. Yuzhmorgeologiya, Iskatel 5, Vyborgsky and Petrogradsky research vessels as well as some 20 auxiliary vessels …

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Rosneft Begins Geological Exploration in the Kara Sea

Rosneft has begun exploration work at the East Prinovozemelsky 1 and 2 license blocks in the Kara Sea. Geological surveying has been started one year ahead of the license schedule. Work will run through October 2012. RN Shelf Far East, a Rosneft subsidiary, will carry out the work. 3D seismic on …

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ConocoPhillips Sells Interest in Russian Joint Venture NaryanMarNefteGaz

ConocoPhillips announced today that, as part of its ongoing strategy to reposition its asset base, it has closed a transaction with LUKOIL for the sale of ConocoPhillips’ indirect 30 percent interest in NaryanMarNefteGaz (NMNG) and certain related assets. Financial terms of the transaction were not disclosed. ConocoPhillips said it expects …

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Exillon Energy plc: Drilling Update and Notice of Results

Drilling Update Well East EWS I – 53 was spudded on 19th July 2012 and drilled and cemented in 24 days on the northern part of the East EWS I field.  The well encountered the Jurassic P reservoir at 1,875 metres, confirming 20.3 metres of effective vertical net pay.  Due to …

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Recertification Audit has been successfully completed at Tatneft

The recertification audit of the Integrated Management System (IMS) for industrial safety, labor and environmental protection to meet the requirements of ISO 14001:2004 and OHSAS 18001:2007 has been successfully completed at OAO TATNEFT. The verification performed by the audit team of 7 persons representing ZAO “Bureau Veritas Certificationy Rus” has …

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TNK-BP Builds Infrastructure for Enhancing LPG Sales Efficiency in Ukraine

TNK-BP reports that in October 2012 it is planning to commission its first own gas storage facility in Ukraine to develop sales channels and ensure effective control over fuel quality for corporate clients. Within the framework of B2B gas segment development, TNK-BP is launching a pilot project in Ukraine to …

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Alexey Miller and Yury Boiko discuss preparation works for upcoming autumn/winter period

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Yury Boiko, Ukrainian Energy and Coal Industry Minister. The parties discussed ongoing preparation works for the upcoming autumn/winter period. In particular, a focus was placed on Gazprom’s uninterrupted gas transit to Europe by Naftogaz Ukrainy. Accordingly, the meeting participants reviewed …

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