crude oil production

Russia has so far demonstrated high resilience to the unprecedented pressure imposed by Europe and the US – but the worst is yet to come, according Rystad Energy research. While Russian crude output is expected to remain high for the remainder of the Northern Hemisphere summer it is expected to decline …

In January-July 2014, Surgutneftegas produced 35,630 thousand tonnes of crude oil. For the year to date, crude output in the Republic of Sakha (Yakutia) equaled 4,378.3 thousand tonnes, 5% up versus seven months of the last year. For ten years of operation in Eastern Siberia, oil production reached 30,000 thousand tonnes.In …

Bashneft Group (further «Bashneft», «The Company», or «the Group»), which comprises JSOC Bashneft, its subsidiaries and affiliates, has released its audited consolidated financial statements for the fourth quarter and the twelve months ended December 31, 2013 prepared in accordance with International Financial Reporting Standards (IFRS) In 2013, the Group’s revenue from sales increased by 5.8% year-on-year to RUB …

Crude Oil Production The amount of 2,221,896 tons of crude oil or 100.6 percent versus January 2013 was produced at JSC TATNEFT. All the NGDUs fulfilled the plan 100 per cent. The amount of 2,196,785 tons of oil was delivered with the above-the-plan delivery amounting to 19,955 tons. New Drilling …

Lukoil has published consolidated US GAAP financial statements for the second quarter of 2013. In the second quarter of 2013 the Company’s net income of $2,104 million increased 107% compared to the second quarter of 2012. EBITDA was $4,359 million, which is a 26% y-o-y increase. Sales revenue reached $35,053 million, …

Crude Oil Production The amount of 2,217,706 tons of crude oil was produced at JSC TATNEFT in June accounting for 100.7 percent versus July 2012. The amount of 15,149,829 tons of crude oil was produced during seven months, which was 33,564 tons more than during seven months of 2012 (102.2 …