Oil & Gas Operators

Gazprom: 1H Results – Profit Up 50%

Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the six months ended June 30, 2015. The table below presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS …

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Service Companies & Manufactures

TMK: Wins 1.5bn Rub Contracts From Gazprom

TMK, one of the world’s leading producers of pipes for the oil and gas industry, took part in Gazprom tenders for premium tubular products. Following two public requests for proposals, TMK was announced the winning bidder in 8 out of 13 lots. In 3Q and 4Q 2015 TMK will supply …

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Oil & Gas Operators

Russia and China Aiming for Successful Conclusion of Negotiations on Western Route

Beijing hosted today working meetings among Alexey Miller, Chairman of the Gazprom Management Committee, Zhang Gaoli, First Vice Premier of China’s State Council and Wang Yilin, Chairman of the Board of Directors of China National Petroleum Corporation (CNPC). The participants addressed the issues of bilateral cooperation, particularly the preparations for …

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Oil & Gas Operators

Gazprom’s CEO Alexey Miller, meets Eni’s CEO, Claudio Descalzi in Moscow

The Chief Executive Officer of Gazprom, Alexey Miller, met today in Moscow the Chief Executive Officer of Eni, Claudio Descalzi. During the meeting, which was held in an atmosphere of cordiality, they discussed, among other things, over the global energy scenario with a particular focus on the dynamics of the …

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Oil & Gas Operators

Gazprom: PetroChina Gas Negotiations Progressing Well

The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Huang Weihe, Vice President of PetroChina. The parties addressed the issues of arranging Russian gas supply to China via the western route. It was pointed out that the main terms and conditions of …

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Oil & Gas Operators

US Sanctions: Could Impact Shell’s Decision on Yuzhno-Kirinskoye and Sakhalin 3

Royal Dutch Shell’s plans to build a strategic alliance with Russia’s Gazprom could be in jeopardy after the United States added one of Gazprom’s biggest gas fields to its list of Russian sanctions on Friday. Shell and Gazprom signed an agreement in June to develop a strategic alliance in the …

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Oil & Gas Operators

US Sanctions: Could Impact Shell's Decision on Yuzhno-Kirinskoye and Sakhalin 3

Royal Dutch Shell’s plans to build a strategic alliance with Russia’s Gazprom could be in jeopardy after the United States added one of Gazprom’s biggest gas fields to its list of Russian sanctions on Friday. Shell and Gazprom signed an agreement in June to develop a strategic alliance in the …

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Oil & Gas Operators

Gazprom: Q2 Results – Sales Down but Offset by Positive Exchange Rates

Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the three months ended March 31, 2015. The table here presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS …

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Oil & Gas Operators

Gazprom: To work with BASF Nord Stream II Project

Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Hans-Ulrich Engel, Member of the BASF Board of Executive Directors signed in Berlin today a Memorandum of Intent stipulating the cooperation within the project for constructing the Nord Stream II gas pipeline. The document reflects the parties’ intents to implement …

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Oil & Gas Operators

Shtokman: Returns to All Russian Ownership

French company Total’s failed adventure in the Barents Sea comes to end as Gazprom buys its 25 percent stake in the Shtokman Development AG. Total and Gazprom during the recent St.Petersburg Economic Forum agreed that the latter would buy the former’s stake in the development company. With the deal, the …

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