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Tethys Petroleum Wins World Finance Award-Best Exploration and Production Company Asia 2013

Tethys Petroleum Limited  is proud to announce that it has won the prestigious World Finance Oil & Gas Award for the Best Exploration and Production Company, Asia 2013. Dr. David Robson, Executive Chairman and President of Tethys Petroleum Limited, was honoured to accept this award on behalf of Tethys at …

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Enel: Completes $1.8bn Sale of SeverEnergia to Rosneft

Italy’s biggest utility Enel has completed the $1.8 billion sale of its stake in Russian natural gas producer SeverEnergia to Kremlin-controlled Rosneft, despite resistance from other shareholders reported Reuters. The deal has increased tensions between Russia’s oil barons, a headache for Russian President Vladimir Putin as he looks to boost …

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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 …

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Gazprom and CNPC Look into Cooperation Prospects

Beijing hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Zhou Jiping, Chairman of China National Petroleum Corporation (CNPC). The meeting participants looked into the development prospects for bilateral interaction in the energy sector. Special attention was paid to the issues of Russian natural gas supply via the eastern route. …

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Rosneft and CNPC Sign Memorandum to Expand Cooperation in Upstream Projects in East Siberia

Rosneft President and Chairman of the Management Board Igor Sechin and Chairman of the China National Petroleum Corporation Zhou Jiping have signed a Memorandum to expand cooperation in upstream projects in East Siberia in the presence of first vice premier of the People’s Republic of China Zhang Gaoli. The Memorandum …

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Gazprom and CNPC Sign Agreement on Major Terms and Conditions of Pipeline Gas Supply From Russia to China Via Eastern Route

Alexey Miller, Chairman of the Gazprom Management Committee and Zhou Jiping, Chairman of China National Petroleum Corporation (CNPC) signed in Saint Petersburg an Agreement outlining the major terms and conditions of pipeline gas supply from Russia to China via the eastern route in accordance with the accords reached previously. The document is legally binding. The signing ceremony took place in the …

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Rosneft and CNPC Sign Agreements on Crude Oil Supplies

Rosneft President and Chairman of the Management Board Igor Sechin and Chairman of China National Petroleum Corporation (CNPC) Zhou Jiping signed long-term crude oil supply contracts to China during the Saint Petersburg International Economic Forum. The signature ceremony was led by Vladimir Putin, President of the Russian Federation, and Zhang …

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Russian Gas Supplies to China to be Priced Without Linkage to Henry Hub

The Gazprom headquarters hosted yesterday evening a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Zhou Jiping, President of China National Petroleum Corporation (CNPC). The parties addressed issues related to the conclusion of a long-term contract for Russian gas supplies to China. The contract is planned to be signed before this year-end. “The price of gas to be supplied …

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Tethys Petroleum: Tajik Bokhtar PSC Farm-out Deal to Total and CNPC Completed

Tethys Petroleum Limited announces the completion of the farm-out agreement announced in December 2012 with subsidiaries of Total Exploration and Production and China National Petroleum Corporation whereby each acquired a one third interest in its Bokhtar Production Sharing Contract in Tajikistan. The Bokhtar PSC covers an area of some 35,000 …

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Gazprom and China sign Memorandum of Understanding For Gas Supplies Via The Eastern Route

Alexey Miller, Chairman of the Gazprom Management Committee and Zhou Jiping, CNPC President signed in the presence of Vladimir Putin, President of the Russian Federation and Xi Jinping, President the People’s Republic of China a Memorandum of Understanding on the cooperation between the two companies within the project for pipeline gas supplies to China via the eastern route. “The signed …

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