TMK Announces 9M 2013 Operational Results
TMK, a leading global manufacturer and supplier of steel pipes for the oil and gas industry, announces its operational results for 9 months of 2013 1. TMK shipped a total of 3,200,000 tonnes of steel pipe to customers in the first nine months of 2013, up 1.7% YoY, on the …
Bashneft’s Board of Directors Recommends Interim Dividends of 199 Roubles Per Share
The Board of Directors of JSOC Bashneft made a decision to convene an Extraordinary General Meeting of Shareholders of the Company on December 17, 2013, approved its agenda and set the date for compiling a list of persons entitled to participate in the meeting at November 5, 2013. The Board of Directors decided to recommend that the General Meeting of Shareholders should approve dividend payments for …
Rosneft’s Strong Performance in Q3 2013: Daily Hydrocarbon Production has Reached a Record-high 4.9 mln boe, EBITDA has Gone up by 41% to RUB 303 bln
Q3 2013 hydrocarbon production (including production of subsidiaries and proportionately consolidated entities, and the share in production by affiliates) increased by 2.0% and reached 4,884 th. boepd. Crude oil and liquids production has reached 4,193 th. boepd, gas production increased up to 10.82 bcm. Oil production growth is mainly due …
Siemens Loher – The Leading Expert for Explosion-Proof Motors
Both motor series – Siemens Loher CHEMSTAR and Siemens Loher VARIO – set standards in drive technology in the chemical and petrochemical industries as well as oil and gas sector. This is because they comply with all of the industries´requirements and reflect the many years of experience that Loher has …
NOVATEK expanded capacity of Purovsky plant
NOVATEK announced today that first two (out of four) gas condensate stabilization trains with three (3) million tons per annum overall capacity were launched as part of a project for expanding capacity of the Purovsky plant from five (5) to 11 million tons. Construction works are currently being finalized at …
Tatneft Holds Regular Board Meeting
A regular meeting of the Board of Directors of JSC TATNEFT chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Almetyevsk on October 28, 2013. The meeting reviewed the budget performance of JSC TATNEFT for nine months in 2013 and approved the budget for November of …
Gazprom Taking Part in Olympic Torch Relay Throughout Russia
Gazprom Group’s employees and their family members are taking part in the Olympic Torch Relay Sochi 2014. The first Olympic torchbearer was Alexander Stepin, multiple participant of Children’s Spartakiada Games of Gazprom. His run took place in Tula on October 14. Yesterday Valery Golubev, Deputy Chairman of the Gazprom Management …
Schneider Electric: Q3 Revenues of €5.9bn, Organic Growth up 0.7%
Schneider Electric reported today third quarter revenues of €5,901 million, down 3.2% year-on-year on current structure and exchange rate basis. Organic revenues were up 0.7%. – Performance in line with H1, driven by China and North America, while Western Europe remained difficult – Partner observed strong growth of 5% outside …
Russia’s First Subsea Production facility Successfully Tested in Kirinskoye Field within Sakhalin III Project
Today the Onshore Processing Facility (OPF) of the Kirinskoye gas and condensate field in the Sakhalin Region hosted an official ceremony dedicated to the first gas production and its transmission system testing. Taking part in the ceremony were Alexey Miller, Chairman of the Gazprom Management Committee, Yury Trutnev, Deputy Prime Minister of the Russian Federation and Presidential …
NOVATEK Launched the Urengoyskoye Field
OAO NOVATEK announced today the initial launch of the Urengoyskoye field within the Company’s Olimpiysky license block, with the field’s production capacity estimated at one (1) billion cubic meters (bcm) of natural gas per annum. Four (4) production wells have been completed at the field, of which three (3) wells …