Rosneft Announces Results of Share Buyback
On May 30, 2012 Rosneft’s Board of Directors announced the preliminary results of the Company’s share buyback. Rosneft shareholders were entitled to request a share buyback in accordance with regulations set down in the federal law On Joint Stock Companies following the approval of major transactions at an extraordinary shareholders’ …
Social Achievements of Tatneft have been Recognized at the All-Russian Forum “Health Resort-2012”
TATNEFT participated in the All-Russian forum “Health Resort-2012” (Moscow). The social facilities of the Company were awarded medals and diplomas of the contest held in the framework of the forum. A gold medal and a diploma in the nomination “Best health resort for family recreation” and a silver medal and …
Alexey Miller re-elected as President of European Business Congress
The city of Portorose (Slovenia) hosted today the 26th Presiding Committee Meeting and the 15th Annual General Meeting (AGM) of the European Business Congress (EBC). The Meetings were moderated by Alexey Miller, Chairman of the Gazprom Management Committee and President of the EBC. Taking part in the AGM were more …
BP Notifies Partners of its Intention to Pursue a Potential Sale of its Interest in TNK-BP
BP announced today that it has received unsolicited indications of interest regarding the potential acquisition of its shareholding in TNK-BP. In light of these unsolicited approaches and consistent with its commitment to maximising shareholder value, and its obligations under the Shareholder Agreement, BP has notified Alfa Access Renova of its …
Gazprom and Slovenia setting up joint project company for South Stream
Led by Alexey Miller, Chairman of the Gazprom Management Committee, the Company’s delegation made a business trip to Slovenia. During the visit Alexey Miller met with Janez Jansa, Prime Minister of Slovenia. The parties discussed the status of the Russian-Slovenian cooperation in the energy sector regarding, first of all, implementation …
10th Russian Petroleum & Gas Congress
ITE Group PLC, the leading exhibition organiser in Russia and the CIS, would like to invite you to take part in the 10th Russian Petroleum and Gas Congress / RPGC 2012, a key business event for the oil and gas industry. THE LARGEST INTERNATIONAL PETROLEUM FORUM IN RUSSIA • RPGC …
Naming ceremony for new tanker Nikolay Zuev takes place in South Korea
The naming ceremony for the new SCF tanker Nikolay Zuev took place in Busan (South Korea). The ship was built at Daewoo Shipbuilding and Marine Engineering under an agreement to build a series of tankers for the transportation of crude oil and petroleum products, signed in October 2010 between Sovcomflot …
National Oilwell Varco to Acquire CE Franklin for CAD$12.75 Per Common Share
CE Franklin Ltd. announced today that it has entered into an arrangement agreement with a wholly owned National Oilwell Varco, Inc. subsidiary, NOV Distribution Services ULC, pursuant to which, NDS has agreed to acquire all of the issued and outstanding common shares of CE Franklin for consideration of CAD$12.75 in cash per Common Share. The transaction will be …
Aquatech Awarded Contract for Wastewater Recycle System in Turkmenistan Gas Field Development Project
Aquatech, a global leader in water purification for industrial and infrastructure markets, has been awarded a contract to design and supply a wastewater recycle system in a gas field development project in Turkmenistan. Because the plant is in an area where effluents cannot be discharged and reuse is the only option, a Zero Liquid …
PetroNeft: New Debt Facility and Operations Update
PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on its operations. Highlights: · US$15 million three-year term loan agreed with Arawak Energy (“Arawak”) · New Area of Mutual Interest Agreement agreed with Arawak · Production drilling to …