Alliance Oil Company: Operational update for 2012
In 2012, Alliance Oil Company’s total upstream volumes increased by 10% to 19.7mbbl (53,900 bopd) from 17.9 mbbl (49,000 bopd) in 2011. The preliminaryrefining volumes in 2012 increased by 13% to 29.3 mbbl (80,100 bopd) from 26.9 mbbl (73,650 bopd). Preliminary crude oil and oil product sales amounted to 19.3 mbbl and 29.9 mbbl respectively in …
Summary from Alliance Oil Company’s AGM
Alliance Oil Company Ltd’s shareholders gathered in Stockholm yesterday for the Annual General Meeting (AGM). The AGM adopted the income statements and balance sheets for the company and the group. The AGM resolved to re-elect board members Mr Fred Boling, Mr. Arsen Idrisov, Mr. Raymond Liefooghe, Mr Claes Levin, Mr Isa Bazhaev, Mr …
Alliance Oil Company: Operational update for April 2012
Alliance Oil Company’s average daily oil production for April 2012 amounted to 52,900 bopd. In the first four months of 2012, oil production totalled 6.7 mbbl compared to 5.5 mbbl in the same period in 2011. Preliminary average daily refining volumes at the Khabarovsk refinery amounted to 70,900 bopd in April 2012. In the …
Alliance Oil Company: Higher oil prices in upstream compensated lower volumes while downstream was supported by firm demand
Alliance Oil Company’s average daily oil production for the first quarter of 2012 amounted to 56,400 bopd compared to 45,800 bopd in the first quarter of 2011. In total, 5.1 mbbl were produced compared to 4.1 mbbl in the first quarter of 2011. Preliminary average daily refining volumes at the Khabarovsk refinery amounted to 74,900 bopd in the first …
Alliance Oil Operational update for the second quarter and first half of 2011
Alliance Oil Company’s total oil production for the second quarter of 2011 amounted to 3.8 mbbl compared to 3.8 mbbl in the second quarter of 2010. Preliminary refining volumes at the Khabarovsk refinery amounted to 6.9 mbbl in the second quarter of 2011 compared to 6.0 mbbl in the second …