Gazprom Applying Efficient Cost Management System to Investment Program
The Gazprom Board of Directors took note of the information regarding the Company’s pricing policy for the procurement of goods, works and services as part of the investment program execution, including pricing and further price monitoring. The meeting noted that over the last two years Gazprom had fundamentally restructured the …
Economic Benefits of Gazprom Group Inventions in 2013 to Exceed RUB 1 billion
The Gazprom Board of Directors approved the Company’s efforts aimed at obtaining and protecting patents for R&D results and technologies. Gazprom pursues a purpose-oriented policy aimed at the effective intellectual property management, while constantly streamlining it in line with the best Russian and international practices. Patent protection of intellectual property …
KMG E&P’s Ozenmunaigas Hit with Envirnomental Damage Charge
JSC KazMunaiGas Exploration Production announces that the Department of Ecology of Mangystau Region (“Department of Ecology”) has presented JSC “Ozenmunaigas” (OMG) with a claim for environmental damage for the amount of 327.9 billion Tenge in relation to the disposal of contaminated soil. This claim is made on the same basis …
International Petroleum: Chris Hopkinson Resigns as CEO
International Petroleum Limited announces that Mr Chris Hopkinson has resigned as Chief Executive Officer and as a director of the Company with immediate effect. On behalf of the Board of Directors of the Company, I would like to thank Chris for all that he has done as Chief Executive Officer …
Schlumberger Launches Degradable Alloy Technology to Optimize Well Productivity
ELEMENTAL degradable alloy balls predictably disintegrate within hours or days, ensuring production reaches its full potential without the need for mechanical intervention. Schlumberger announced today the introduction of the ELEMENTAL* degradable alloy balls for multistage stimulation treatments. The technology demonstrates predictable and complete degradation of the alloy balls ensuring maximum …
Calfrac Announces Fourth Quarter Results
Calfrac Well Services Ltd. announces its financial and operating results for the three months and year ended December 31, 2013. CEO’s MESSAGE I am pleased to present Calfrac’s operating and financial highlights for 2013 and to discuss our prospects for 2014. During the fourth quarter, our Company: completed the acquisition …
Calfrac Well Services Announces Dividend
Calfrac Well Services Ltd. is pleased to announce that its Board of Directors has declared a dividend pursuant to its quarterly dividend policy. The dividend of $0.25 per common share will be paid on April 15, 2014 to shareholders of record on March 31, 2014. Calfrac’s Board of Directors has …
J D Neuhaus Launches New Mobile Website
Materials handling and lifting equipment specialists J D Neuhaus have launched a mobile version of their website designed specifically for smartphones. With mobile phone users currently making-up an estimated 15% of global internet traffic, it is becoming ever more important to have a website that looks good and functions correctly …
Weatherford: Q4 and 2013 Results – Business Lines to be Sold
Remediates Material Weakness for Income Tax Accounting; Reduces Net Debt by $687 million and generates positive free cash flow of $298 million in the fourth quarter Weatherford International Ltd. reported net income of $53 million ($0.07 diluted earnings per share on a non-GAAP basis), before charges, on revenues of $3.74 …
Shelton Petroleum: Ups Offer for Petrogrand and Increases Acceptance Time
On 22 January 2014 Shelton Petroleum AB announced an offer to acquire all outstanding shares in Petrogrand AB for a consideration of 0.30 Shelton B shares for each Petrogrand share. On 17 February 2014 Shelton published a prospectus which is also an offer document regarding the Offer (the “Prospectus”). The …