Alexander Popov Appointed Director General of Itera Oil and Gas Company
Alexander Popov is appointed Director General of Itera Oil and Gas Company LLC. The new head has a task to efficiently integrate Itera’s assets into OJSC Oil Company Rosneft’s structure in order to gradually implement the company’s gas strategy aimed at substantial gas reserves monetization and increasing Rosneft’s shareholder value. …
Vladimir Nesterenko is appointed General Director of Bashneft-Polyus
The Board of Directors of LLC Bashneft-Polyus, a joint venture of JSOC Bashneft and OJSC Lukoil which develops the R. Trebs and A. Titov oilfields in the Nenets Autonomous District, approved Vladimir Nesterenko as the company’s new General Director. The former General Director of LLC Bashneft-Polyus Vitaly Litvinenko decided to continue his career outside Bashneft. Vladimir Mikhailovich Nesterenko was born in 1972. In 1998 …
RORC to Invest $175 Million in Tank Farm Upgrade till 2020
TNK-BP informs that RORC (a TNK-BP Group company) will invest $175 mln in its tank farm upgrade program till 2020. The 2012 investment will amount to approximately $3.5 mln, the plan for 2013 envisages $15 mln. This project is a part of a comprehensive program aimed at RORC equipment …
TNK-BP to Invest $45 Million to Cut Emissions
ТNК-ВР will invest $45 million to revamp its flaring systems at the Ryazan Refinery (Ryazan Oil Refining Company, or RORC, part of TNK-BP Group). In 2012, the Company will spend $3 million with plans to ratchet it up to as high as $8.5 million in 2013. The program is …
IATA Upgrades Quality Control System and Service Level Ratings of Koltsovo Fuel Filling Complex
TNK-BP announces that International Air Transport Association (IATA) has upgraded its quality control system and service level ratings for Koltsovo Fuel Filling Complex (Yekaterinburg). Since the acquisition of Koltsovo Fuel Filling Complex, Russia’s fifth largest fuel filling complex, in March this year, TNK-BP has been implementing an integrated FFC …
ТNК-ВР Strikes Oil in Malouimskoye Discovery in Uvat
ТNК-ВР has discovered a new Malouimskoye oil field with about 5 million tons of recoverable oil. ТNК-ВР has been implementing an organic production growth program to deliver annual 1-2% of incremental oil production, backed with hefty investments in development drilling, innovative enhanced oil recovery technology, and exploration. The program for …
Press Conference of General Director of Tatneft
A press conference of Shafagat Takhautdinov, the Company’s General Director, for representatives of federal and Tatarstan mass media was held on August 25. The General Director told the journalists about the major projects of the Company and their prospects. The General Director started the communication with journalists with the information …
TNK-BP to Boost Associated Gas Utilization in the East Uvat Hub by 50% to 78 Million Cubic Metres in 2012
TNK-BP is to boost utilization of associated petroleum gas (APG) at the East Uvat Hub in West Siberia by 50% versus 2011 to 78 million cubic metres, following the launch of a 15 MW gas piston power plant in September 2012. TNK-BP is implementing a program to expand APG utilization …
TNK-BP Boosts Investment in Orenburg Pipeline Integrity by 36% in 2012
TNK-BP announces that LLC Buguruslanneft (part of the TNK-BP group of companies) is to expand investment in its pipeline integrity programme to 88 mln rubles in 2012 – 36% more than last year. The money will be used primarily to replace obsolete sections of pipe and apply inhibition and electrochemical …
TNK-BP Will Put 8 Wells into Operation in 2012 in the Barsukovskoe Field to Increase Oil Production
TNK-BP informs that LLC Buguruslanneft, incorporated into the TNK-BP Group of companies, is going to build up oil production in the Barsukovskoe field of the Orenburg Region by commissioning eight wells and putting them into operation in 2012. Currently, Buguruslanneft is drilling four wells. The Barsukovskoe field was discovered in …