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TATNEFT Company Is among Leaders in Associated Petroleum Gas Utilization

According to the World Wildlife Fund of Russia (WWF) JSC “Surgutneftegaz” and JSC TATNEFT demonstrated highest rates of associated petroleum gas (APG) utilization in 2012 among oil and gas production companies. The world wildlife Fund of Russia (WWF) supported by the economic faculty of the Moscow State University named after …

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Tatneft Published its IFRS Consolidated Interim Condensed Financial Statements for the First Quarter of 2013

OAO Tatneft published on its web-site the unaudited interim condensed consolidated financial statements for the three months ended 31 March 2013 prepared in accordance with International Financial Reporting Standards   and the related Management Discussion and Analysis of Results of Operations. Selected financial highlights below are based on the respective IFRS …

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Tatneft: Implements SAP ERP Software Solutions

SAP ERP based automation of financial and economic activities has been completed at four divisions of JSC TATNEFT. The project has been implemented by the experts of the Energy Consulting Group of Companies within replication of the corporate financial management system at the non-core activity subdivisions. The main result of …

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Tatneft: First Use Of Mutlistage Hydraulic Fracturing at the Yaurkinskoye Field

An interval multi-frac job in the horizontal wellbore was carried out in well 315 of Yaurkinskoye oil field at the end of May this year. The first pilot accomplishment was preceded by extensive preparatory work with participation of TATNEFT’s professionals, scientists of TatNIPIneft, specialists of OOO “Tatburneft”, Tatarstan’s Oil Service …

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Tatneft Took Part in the International Specialized Exhibition

TATNEFT participated in the XXIst International Specialized Exhibition “Gas. Oil. Technologies-2013” held in Ufa (Bashkortostan). At an outcome of the exhibition the Company was awarded an honorary diploma of the exhibition and the Cup. The exhibition “Gas. Oil. Technologies-2013” is one of the largest specialized projects in Russia and for …

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Regular Meeting of the Board of Directors of Tatneft

A regular meeting of the Board of Directors of JSC TATNEFT, chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Almetyevsk on May 27, 2013. The Board of Directors meeting reviewed the budget performance of JSC TATNEFT for four months in 2013 and approved the budget …

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Tatneft Is among Companies of High Social Efficiency

TATNEFT was awarded a diploma for the third place in the category “For participation in resolving social problems of territories and development of the corporate philanthropy” by the results of the All-Russian contest “Russian organization of high social efficiency”. More than 120,000 applications from companies of various industry branches and …

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Geological Conference at Tatneft

A scientific and practical conference “History and prospects of Tatarstan oil fields development” dedicated to the 70th anniversary of the oil fields development in Tatarstan was held at JSC TATNEFT. The event was attended by geologists and senior experts in geology, geophysics and development of oil and gas fields of …

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TATNEFT Continues Rendering Maintenance Services in Turkmenistan to Enhance Oil Recovery

Professionals of TATNEFT Company continue implementation of the contract for rendering services to enhance oil recovery in the south-eastern part of production shop No.4 of NGDU “Goturdepeneft” in Turkmenistan. Over 13,000 tons of crude oil have been additionally produced from the wells put into operation. The purpose of the contract …

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Tatneft: 2012 Financial Results

OAO Tatneft announces today that it published on its web-site (http://www.tatneft.ru/eng) the audited consolidated financial statements for the year ended 31 December 2012 prepared in accordance with International Financial Reporting Standards and related Directors’ report, incorporating Management Discussion and Analysis of Results of Operations. These are the first consolidated financial …

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