Greenpeace: Charges Changed From Pirates to Hooligans
Russia on Wednesday dropped piracy charges against 30 people involved in a Greenpeace protest against Arctic oil drilling, replacing them with lesser offences and cutting the maximum jail sentence they face to seven years from 15 reported Reuters. The charges against activists who protested at a Gazprom oil platform off …
Siemens MMDC, Main Motors and Drives Contractor, a Unique Business Concept for Cost Reduction, Efficiency, and Transparency for Oil and Gas Projects
The MMDC business concept was developed in close collaboration with the oil and gas industry to address the highest requirements for efficiency and reliability. Prerequisite for this business concept is a comprehensive portfolio in motors and drives. Furthermore it offers close coordination between end user, EPC (Engineering-Procurement-Construction), OEM (Original Equipment …
Shelton Petroleum AB: Outcome of Exchange of Convertible Bond 2012/2013
As previously announced the Extraordinary General Meeting of Shelton Petroleum on 22 August 2013 has resolved to offer the holders of convertible bond 2012/2013, originally issued in 2009 and maturing on 31 December 2013, to exchange the bond in the amount of SEK 22,770 thousand with a new bond by …
Novatek: Concludes Heads of Agreement on LNG Supply with CNPC
OAO NOVATEK announced the conclusion of Heads of Agreement for the supply of liquefied natural gas (LNG) between Yamal LNG and China National Petroleum Corporation (“CNPC”). The document provides for the supply of no less than three (3) million tons of LNG per annum at delivered ex-ship (DES) terms for …
KazMunaiGas E&P: Shows Marginal Production Increase
JSC KazMunaiGas Exploration Production announces its operating results for the first nine months of 2013. KMG EP produced 9,228 thousand tonnes of crude oil (250kbopd), including the Company’s stakes in Kazgermunai (KGM), CCEL (CCEL) and PetroKazakhstan Inc. (PKI), which is 120 thousand tonnes or 1% more than in the same …
KazMunaiGas Exploration and Production: Elects Two New Members to the Board
JSC KazMunaiGas Exploration Production held an Extraordinary General Meeting of shareholders on October 22, 2013, where Yerzhan Znangaulov was elected as a new member of Board of Directors and Alastair Ferguson was elected an Independent Non-Executive Director. The new Board of Directors: Daniyar Berlibayev – Chairman of the Board of …
The «RosPromEco-2014» Exhibition
The Russian Industrial and Environmental Forum «RosPromEco-2014» Exhibition’s dates and venue are set and defined. Work of the Exhibition «RosPromEco-2014» is scheduled from 17 to 18 November 2014 the Gostiny Dvor, Moscow. The Exhibition «RosPromEco-2014» will take place in the framework of the Russian Industrial and Environmental Forum. The Exhibition …
Slavneft:12.7 million Tons of Oil Produced in First 9 Months of 2013
From January to September, 2013, OAO NGK Slavneft‘s entities produced 12.7 mln tons of oil and 613 mln tons of gas, which is 5.5% and 2.3% below the previous year’s indicators, correspondingly. 139 new wells were commissioned at the Company’s fields year-to-date. Production drilling meterage amounted to 775.2 ths meters, …
ROGTEC Interviews Jeremy Roemershauser of Arnco Technologies
Please introduce yourself with a short bio and your history in Russia My name is Jeremy Roemershauser, Business Development Manager for Russia, Africa, China, Europe and the MENA/CIS regions. In my role with Arnco, I am able to see how our different markets have developed, allowing me to bring those …
Rosneft and Sinopec Agree Memorandum on Crude Oil Supplies
On October 22, 2013 Rosneft and Sinopec signed the Memorandum on prepaid export contract. The Agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Fu Chengyu, Chairman of the Sinopec’s Board of Directors in the presence of Dmitry Medvedev, Prime Minister of the Russian …