Rosneft Strengthens Cooperation with China
Rosneft and China’s CNPC signed an amendment to the agreement envisaging additional supplies via Kazakhstan and the prolongation of the contract signed on 21.06.2013 till 31.12.2023. Deliveries from 01.01.2017 to 31.12.2023 will amount 70 mln t, whilst the total volume of the supplies (including 21 mln t delivered previously) will …
Rosneft Delegation Participated in the Work of Russian-Chinese Commission for Energy Cooperation
Rosneft delegation participated in the thirteen session of the inter government Russian-Chinese commission for energy cooperation. Rosneft is the leader in the Moscow-Beijing energy dialog, Company projects with Chinese partners are the key elements of the economic cooperation between the two countries. Actual joint cooperation aspects were discussed at the …
Rosneft Delegation Participated in the Work of Russian-Chinese Commission for Energy Co-operation
Rosneft delegation participated in the thirteen session of the inter government Russian-Chinese commission for energy cooperation. Rosneft is the leader in the Moscow-Beijing energy dialog, Company projects with Chinese partners are the key elements of the economic cooperation between the two countries. Actual joint cooperation aspects were discussed at the …
Roxi Petroleum: Galaz Money Received – BNG Deep Well 801 – Potential 100m Oil Bearing Interval
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG asset and on the collection of the outstanding sales proceeds from Galaz. Deep Well 801 Deep Well 801 was spudded on 15 …
Roxi Petroleum: Well 143 – "Optimism Well Founded"
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG asset. Shallow Wells Well 143 Roxi is pleased to announce a new discovery at the MJ-F structure located towards the North of …
Roxi Petroleum: Well 143 – “Optimism Well Founded”
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG asset. Shallow Wells Well 143 Roxi is pleased to announce a new discovery at the MJ-F structure located towards the North of …
Rosneft and Sinopec agree on the joint development of Russkoye and Yurubcheno-Tokhomskoye fields
Rosneft and China Petrochemical Corporation (Sinopec) signed the Heads of Agreement on cooperation within the proposed joint development of Russkoye and Yurubcheno-Tokhomskoye fields. The document was signed by the Chairman of Rosneft Management Board Igor Sechin and the Chairman of China Petrochemical Wang Yupu during the visit of the Russian …
Lukoil: Sells Caspian Investments Resources to Sinopec for USD 1,087 million
PJSC LUKOIL closed a deal to sell its 50% share in Caspian Investments Resources Ltd. to China-based Sinopec. The required permits from the state authorities of the Republic of Kazakhstan were acquired in late July 2015. According to the contract LUKOIL receives USD 1,087 million. Caspian Investments Resources Ltd. has …
LukOIL: Q1 Results – Net Income Down 60%, Lifting Costs Down 19%
LUKOIL has published consolidated US GAAP financial statements for the first quarter of 2015. The Company’s net income in the first quarter of 2015 amounted to $690 million, which is a 60.2% y-o-y decrease. EBITDA (earnings before interest, taxation, depreciation and amortization) in the first quarter of 2015 decreased by …
Roxi Petroleum: Deep Well A5 – Unblocked and On 30 Day Well Test
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG together with updates on the Sale of Galaz and the proposed BOCO investment. Deep Wells Deep Well A5 The well was spudded …