Rosneft: 2014 Reserve Replacement Ratio Running at 154%
Rosneft reviewed the results of DeGolyer & MacNaughton’s independent audit of its hydrocarbon reserves. As to results of 2014, Rosneft confirmed its leading positions among world publicly traded companies in terms of proven hydrocarbon reserves and hydrocarbon resources. According to the results of the audit performed by DeGolyer & MacNaughton …
SPE Russian Petroleum Technology Conference 2015 – Call For Papers is Open!
It is less than a month till call for papers deadline – 10 March 2015. The Society of Petroleum Engineers invites industry experts to take part in the SPE Russian Petroleum Technology Conference (26-28 October 2015, InfoSpace, Moscow, Russia). The full list of opportunities for papers submission is available at …
SPE Continues to Accept Papers for SPE Russian Petroleum Technology Conference 2015!
It is less than a month till call for papers deadline – 10 March 2015. The Society of Petroleum Engineers invites industry experts to take part in the SPE Russian Petroleum Technology Conference (26-28 October 2015, InfoSpace, Moscow, Russia). The full list of opportunities for papers submission is available at …
Amsterdam District Court: Yukos Has Legitimate Compensation Claim Against Rosneft
The district court in Amsterdam has ruled the compensation claim by Yukos International, once part of Russia’s biggest oil company, is legitimate. The firm is asking Rosneft for $333 million to cover losses incurred by the arrest of its accounts in 2008. “As for the amount [of compensation – Ed.], …
Rosneft: Repays Part of Their TNK-BP Loan Early
Rosneft announces it regularly repaid part of a loan obtained to finance the acquisition of TNK-BP. On February, 11 the Company paid to lenders USD 7.154 bln. In such a manner, the overall amount paid since December 2013 totaled USD 33 bln, in full accordance with credit agreements. Within two …
Igor Sechin Participated in IP Week
On February 10, 2015 Rosneft Head Igor Sechin took part in the International Petroleum (IP) Week in London. Igor Sechin made a presentation during the session “Seizing opportunities created by the changing markets, shifting trade patterns, and hedging against price volatility”. In his speech he noted that currently oil markets …
Igor Sechin Reported on Rosneft 2014 Operational Results to Vladimir Putin
The President of the Russian Federation Vladimir Putin held a working meeting on Wednesday with the Head of Rosneft Igor Sechin, who reported on the Company’s 2014 operational results to the President of the country. The overall hydrocarbons production at year-end was approximately 252 mln toe, which is amounts to …
Rosneft Launched Pilot Operations at the Severo-Danilovskoe Oil and Gas Condensate Field
Rosneft launched pilot operation at the Severo-Danilovskoe field located within the Danilovsky license area in the north of Irkutsk Region. The field is operated by public joint-stock company Verkhnechonskneftegaz, part of the Rosneft Group. The pilot operation phase will last three years during which three wells will be flow-tested. At …
RN-Nyaganneftegaz: 35 Years of Commercial Operations at the Krasnoleninsk Field
RN-Nyaganneftegaz, subsidiary of Rosneft, celebrates 35 years of commercial operation of the Krasnoleninsk field. During this period over 180 million tons of oil were produced, more than 120 million of them were produced on Talinskiy block of the Krasnoleninsk field. According to its features the produced oil refers to Urals …
The annual meeting of procurement executives of oil and gas companies will be held on March, 17 in InterContinental Moscow Tverskaya Hotel
On the 10th annual conference Oil and Gas Industry Supply Chain (NEFTEGAZSNAB-2015) procurement executives of Rosneft, Gazprom Neft, Transneft, Surgutneftegaz, Tatneft, Bashneft will meet with their suppliers. The conference NEFTEGAZSNAB-2015 which is held in InterContinental Moscow Tverskaya Hotel is the biggest Russian event where procurement executives are gathered. The main …