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Slavneft’s Subsidiaries produced 8.9 mln tons of crude oil in HI 2012

In January-June, 2012, Slavneft’s Subsidiaries extracted 8.9 mln t of crude oil and 424.6 mln m3 of gas in accordance with the Business Plan. The crude oil production volume decreased by 0.5% and the gas production volume increased by 0.5% against the similar period of the previous year. From the …

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German Khan was re-elected Chairman of the Slavneft Board of Directors

German Khan, Executive Director (OAO TNK-BP Management), was elected Chairman of the Slavneft Board of Directors (BoD) at the meeting of the BoD new composition held on July 12, 2012. German Khan has been holding the Slavneft BoD Chairman position continually since 2005. At the meeting the compositions of the …

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Slavneft held Annual General Shareholders Meeting

The Annual General Shareholders Meeting of ОАО NGK Slavneft was held on June 29, 2012 in Moscow. The shareholders approved the Company’s Annual Report, Balance Sheet, Profit & Loss Statement over 2011, and introduced amendments and addenda into the Company’s Articles of Association and Regulations on the Board of Directors. …

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Slavneft: Obneftegazgeologia held Annual General Shareholders Meeting

The Annual General Shareholders Meeting of ОАО Obneftegazgeologia (ОАО ONGG) was held on June 20, 2012. The shareholders approved the Subsidiary’s Annual Report, Balance Sheet, Profit & Loss Statement over 2011. It was resolved to pay no dividends under the 2011 Subsidiary’s performance results. The shareholders elected the Subsidiary’s Board …

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Slavneft-Yaroslavnefteproduct held Annual General Shareholders Meeting

The Annual General Shareholders Meeting of ОАО Slavneft-Yaroslavnefteproduct was held on June 14, 2012. The shareholders approved the Subsidiary’s Annual Report, Balance Sheet, Profit & Loss Statement over 2011. It was resolved to pay dividends on the Subsidiary’s shares at 0.85 rubles per ordinary and preferred share and proposed to …

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Slavneft Produces 4.48m Tonnes of Oil in Q1

During the first three months of 2012 the company JSC “NGK” Slavneft “in accordance with the business plan have extracted 4.48 million tonnes of oil and 215.4 million cubic meters. meters of gas, which exceeded the same period last year by 0.6% and 2.3%.  Since the beginning of the year in …

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New Vice President for Upstream of Slavneft was Appointed

Victor Saveliev, ex-Director of the Exploration and Resource Base Development Directorate, ОАО Gazprom Neft, was appointed new Vice President for Upstream, ОАО NGK Slavneft. He superseded Alexander Zhargin who terminated his powers as he was engaged by another company. Victor A. Saveliev was born in Almetievsk in 1963. He took …

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Slavneft Announces 2011 International Reserves Audit – Reserve Replacement at 105%

As of December 31, 2011, the audited proved recoverable oil reserves of OAO NGK Slavneft estimated under SEC LOF (U.S. Securities and Exchange Commission), excluding the licenses validity, made 1,642 mln bbl. The Company’s proved reserves increased by 6.2 mln bbl, or 0.4% vs. 2010. The Holding’s reserves replenishment rate …

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Slavneft and the Yaroslavl Regional Government Sign 2012 Cooperation Agreement

Yury Sukhanov, President of OAO NGK Slavneft and Sergey Vakhrukov, Governor of the Yaroslavl region, have signed the additional protocol to the basic long-term Cooperation Agreement determining the key actions and cooperation parameters for the regional social sphere development in 2012. According to the document, the Slavneft Subsidiaries operating in …

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