Roxi Petroleum Announces its Audited Final Results for the Year Ended 31 December 2013
Highlights for 2013 and to date in 2014: Operational *Successful shallow drilling campaign at BNG *Commencement of first deep well at BNG *Currently aggregate production across the portfolio 2900 bopd gross (1212 net to Roxi) Financial *US $40m equity commitment secured in January 2013 at 7.41p per share of which …
Roxi Petroleum: Update on BNG / KNOC Farm-out
Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, announces that it has been informed by KNOC that KNOC has decided not to complete the previously announced farm-in to BNG. All material regulatory consents had been received to allow the BNG farm-in to proceed …
Alexey Miller and Yury Boiko discuss Ukrainian GTS readiness for winter period
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Yury Boiko, Ukrainian Energy and Coal Industry Minister. Sudzha gas metering station at Russian-Ukrainian border Enlarge photo (JPG, 621 KB) The meeting addressed the issues of long-term strategic cooperation in the gas sector. Consideration was also given to readiness of the …
Gazprom and Bulgaria sign final investment decision on South Stream
Led by Alexey Miller, Chairman of the Gazprom Management Committee, the Company’s delegation paid today a working visit to the Republic of Bulgaria. Alexey Miller and Mihail Andonov, Executive Director of Bulgarian Energy Holding signed a protocol of the Final Investment Decision on the South Stream gas pipeline construction in the Republic of Bulgaria. The document was inked in the presence of Bulgarian Prime Minister …
Gazprom and Wintershall sign basic agreement on asset swap
Alexey Miller, Chairman of the Gazprom Management Committee and Kurt Bock, Chairman of the BASF Board of Executive Directors signed at the Gazprom headquarters today a basic agreement on asset swap. The legally binding document provides for major terms and conditions for the asset swap deal under the project for joint development of the Achimov deposits in the Urengoy oil, …
Gazprom and Eni discuss Final Investment Decision on South Stream
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The meeting focused on the progress with the South Stream gas pipeline construction project. The parties discussed the issues of preparation for the Final Investment Decision to be made by the joint project company in relation to the …
Gazprom Neft completes refinery modernisation project at Pančevo
Gazprom Neft’s subsidiary NIS (Naftna Industrija Srbije ) has completed a major modernisation project of its refining capacity in Serbia. The company has started operating a new light hydro-cracking and motor fuel hydro-treatment facility at the Pančevo refinery. The completion of the facility will allow NIS to take a leading position …
Rosneft and INTER RAO UES Conclude 25-Year Gas Supply Contract
Rosneft and INTER RAO UES have concluded a contract on the supply of up to 875 billion cubic metres of gas. The contract envisages annual supplies of up to 35 bcm of Rosneft-produced gas to the power plants of INTER RAO – Electric Power Plants (or any other INTER RAO …
Rosneft and General Electric Sign Long-Term Power Service Contract
Rosneft and General Electric (GE) have signed a contract to service five 6FA packaged gas turbine units. These units are to be supplied by GE under an agreement signed in June for the thermal power plant at the Eastern Petrochemical Company, which is currently under construction by Rosneft. Igor Sechin, …
Roxi Petroleum plc: Update on BNG / KNOC farm-out
Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that representatives from the existing participants in the BNG licence and KNOC have agreed well locations and secured a rig to commence drilling in December 2012. Well locations The main focus …