Ruspetro Signs $30m Prepayment Facility with Glencore
Ruspetro plc today announces that the Company has signed a crude oil prepayment facility with Glencore Energy UK Ltd for US$30 million. The facility is for a period of one year and requires the Company to deliver a minimum of 15,000 metric tonnes per quarter (approximately 1,200 bopd) of crude …
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 …
Cadogan Petroleum plc: Half Yearly Report for the Six Months ended 30 June 2012
Cadogan Petroleum plc (“Cadogan” or the “Company”), an independent oil and gas exploration, development and production company with onshore gas, condensate and oil assets in Ukraine, announces its unaudited results for the six months ended 30 June 2012. · Continued production from the Zagoryanska, Debeslavetska and Cheremkivska licences at a combined …
Zhaikmunai to Acquire Neighbouring Oil & Gas Fields
Zhaikmunai LP (LSE: ZKM), the oil and gas exploration and production enterprise with assets in north-western Kazakhstan announces that, on 17 August 2012, Zhaikmunai LLP signed Asset Purchase Agreements to acquire 100% of the subsoil use rights related to three new oil & gas fields in Kazakhstan. Completion of the acquisitions, …
Cadogan Petroleum plc: Shale Gas Agreement
Cadogan signs a Share Purchase Agreement with Nadra Ukrayny and Eni for the exploration and development of Unconventional Gas in Ukraine Further to the announcement of 15 June 2012, Cadogan confirms that, together with its joint venture partner Ukrainian state-owned National Joint Stock Company Nak Nadra Ukrayny (“Nadra”), it has …