Tatneft: The Program of the Company’s Innovational Development Produces Results
11,125 inventions, utility models and rationalization proposals were introduced in the production at OAO TATNEFT in 2011 and the Company received 213 patents for inventions and utility models. The Company has developed and is successfully implementing an innovative development program until 2015. A system of managing the intellectual activity results …
Tatneft: Operation Results for April
Crude Oil Production OAO TATNEFT produced 2,128,087 tons of crude oil in April, while the production volume for four months amounted to 8,581,700 tons accounting for 56,819 tons increase versus 2011 (100.7%) with the above-the-plan production amounting to 187,498 tons (102.2%). The amount of 8,455,955 tons of crude oil was …
TNK-BP Reports Strong 2011 Results: Record High Net Income of $9.0bn
“TNK-BP has once again produced a set of record operational and financial results,” said Mikhail Fridman, Executive Chairman of TNK-BP Ltd. “The Company delivered record production of 1,784 mboe/d and increased refining throughput by 2% to 747mb/d. Also, we have completed international acquisitions in Vietnam, where we have commenced our first offshore …
Tatneft: January Results
Crude Oil Production TATNEFT produced 2,201,630 tons of crude oil in January 2012 or 100% versus January 2011 with the above-the-plan production amounting to 52,162 tons (102.4%). The amount of 2,176,645 tons was delivered with the above-the-plan delivery amounting to 79,005 tons. Totally enterprises of TATNEFT Company produced 2,225,664 tons …
Shtokman Development AG Board of Directors Reviewed the Company’s Activities in 2011
Shtokman Development AG Board of Directors Reviewed the Company’s Activities in 2011 The regular meeting of Shtokman Development AG (SDAG) Board of Directors was held in Moscow on December 29, 2011. The Board of Directors reviewed the Company’s activities in 2011 and stated that extensive work on the preparatory stage …
JSC KazMunaiGas Exploration Production 1Q 2011 Financial results
JSC KazMunaiGas Exploration Production released its consolidated financial statements for the three months ended March 31, 2011: The average price of Brent in the first three months of 2011 was 38% higher than in the same period last year, up from US$76 per barrel to US$105 per barrel …
Tatneft Figures Demonstrating Results of Operations in April the start of the Year
Oil Production OAO TATNEFT produced 2,130,890 tons of crude oil in April while the produced volume amounted to 8,524,881 tons of crude oil from the beginning of the year accounting for 25,496 tons increase versus 2010 (100.3%). The above-the-plan production amounted to 173,266 tons (102.1%). The volume of oil delivered …