Igor Sechin Took Part in Celebrations Devoted to 60th Anniversary of President of Venezuela Hugo Chavez
Rosneft President, Executive Secretary of Russia’s Presidential Commission on Strategic Development of the Fuel and Energy Sector and Ecological Safety Igor Sechin took part in celebrations dated to 60th birthday of President of Bolivarian Republic of Venezuela Hugo Chavez. President of Venezuela Nikolas Maduro and family of Hugo Chavez took …
BP Reports Second Quarter 2014 Results
BP today announced its financial results for the second quarter of 2014. Underlying replacement cost profits for the quarter of 2014 was $3.6 billion, 34% higher than the $2.7 billion reported for the same period in 2013 and 13% higher than the $3.2 billion result for the first quarter of …
The Directorate of NK Souz Has Expressed Gratitude to the Team of ERIELL Group for Cooperation Concerning Wells Testing Within Kochmes Area
The Directorate of OOO NK Souz has expressed gratitude to the team of ERIELL Group for profitable cooperation concerning wells testing within Kochmes area. The letter stated: “With the advent of OOO ERIELL NEFTEGAZSERVICE (RBU Russia, ERIELL Group) to Kochmess area the quality of wells testing works increases”. As of the effective date of the Contact testing operations are conducted within 5 wells …
Rosneft: Regarding Rulings of Arbitrations in Hague
Rosneft takes note of the rulings (published today) in related arbitrations brought by the former majority shareholders of Yukos Oil Company against the Russian Federation pursuant to the Energy Charter Treaty. Rosneft was not a party to, and did not participate in the arbitrations, is not bound by the published …
Gazprom Neft: Deliveries Begin to Oil Reservoirs at the Badra Oil Field in Iraq
Gazprom Neft, the operator of the Badra oil field in Iraq, announces that deliveries of crude oil have started from the field to reservoirs of the Central Gathering Point (CGP). Two wells are currently producing oil at the deposit. Over the coming month, once the reservoirs have been filled, oil …
Rosneft: 2Q14 Results: Berkut Platform Commissioned, Daily Hydrocarbon Production Increased by 4.6% EBITDA Increased by 41%, Net Income Increased by 5 Times, Net Debt Reduced by 365 Billion Roubles
In 1H14, the Company continued to demonstrate strong financial results due to stable hydrocarbon production levels, successful development of new projects, capital discipline and control of operational expenses. Hydrocarbon production amounted to 5 million barrels of oil equivalent per day which is 4.6% higher than in 1H13. Daily crude oil …
Igor Sechin With Working Visit to Murmansk Region
On July 26 the head of Rosneft Igor Sechin paid a working visit to Murmansk region, during which he observed the objects of support coastal base of Rosneft offshore projects in Western Arctic. At the moment the Rosneft Company is implementing large-scale oil and gas projects in Arctic, which have …
Rosneft Starts Up Field Work in the Kara Sea
On July 24 this year, research vessel Geolog Dmitry Nalivkin sailed from Kirkenes (Norway) to the Kara Sea. In the next three months 2D seismic survey, will be carried out in the three Vostochno-Prinovozemelsky licenses. The field work will be conducted in the surface area that totals almost 7 thousand …
KazMunaiGas Exploration Production Comments on Share Price Movement
KazMunaiGas Exploration Production notes the recent movement in the price of the Company’s listed securities and confirms that Independent Directors of KMG EP received a highly preliminary approach from National Company KazMunaiGas NC (“NC KMG”), its majority shareholder, about a possible offer for the ordinary shares in KMG EP it …
Weatherford’s Mikhail Gelfgat Talks to SPE Russian Oil and Gas
Tell us about two of the key industry areas that will be addressed at SPE Russian Oil & Gas? 1) Hard-to-recover or unconventional resources is one of the most important topics discussed at all world forums in the recent years; the reason is the occurrence of new drilling and completion …