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TNK-BP announces that BP-branded service stations in Moscow and Moscow Region have begun accepting payment via the contactless Visa® payWave system. The stations have already successfully introduced contactless payments using the MasterCard PayPass system. It has now become even easier to buy high-quality branded fuel and accessories at BP’s service …

TNK-BP held a Transportation Safety Forum, where the company shared its experience in implementation of best practices with contractors, experts, government authorities and Russian companies in fuel and energy industry. More than 70 specialists and experts took part in the Forum, representing leading global oil servicing companies working with TNK-BP, …

Orenburgneft (part of the TNK-BP Group of Companies) has improved the efficiency of its well drilling operations by cutting $15 mln off drilling costs since 2010 through a skills enhancement program for technical specialists. TNK-BP is implementing an extensive program of further training for its technical staff. By continuously improving …

TNK-BP announces the launch of the website of TNK Avia, the company’s jet fuel business. The website, www.tnk-avia.com, is primarily designed for clients and potential partners of TNK Avia, providing them with all the information they need for their operations in real time and enabling them to create a personal account …

TNK-BP will hold a discussion with contractors on the logistics of importing high-tech equipment for the Company’s major projects, aimed at achieving greater efficiency and pricing transparency. TNK-BP is one of the biggest consumers of logistical services, spending around $24 million on freight forwarding services for high-tech equipment in 2011 …

Calmena Energy Services Inc. (“Calmena”) (TSX:CEZ) and Spectraseis announce agreement to jointly provide microseismic acquisition, imaging and advisory services in Canada. The agreement combines Calmena’s strengths as an experienced downhole microseismic wireline and well services provider with Spectraseis’ industry-leading data acquisition and microseismic imaging and interpretation capabilities to deliver seamless …

TNK-BP  and Gazprom Neft have agreed to launch a project to optimize governance of the Slavneft group , which they own on a parity basis. The ownership structure of Slavneft will remain unchanged. The project, which is subject to the finalization of certain corporate procedures, envisages that additional management and decision making authorities will …

Buguruslanneft, a subsidiary of TNK-BP, will invest over 160 million rubles this year into implementation of a program aimed at raising the level of utilization of associated petroleum gas in its four largest fields. LLC Buguruslanneft is performing comprehensive works in the Krasnoyarskoe, Tarkhanskoe, Karpovskoe, and Ibryaevskoe fields for fuller …

TNK-BP plans to cut electricity costs in it`s artificial lift activities by $31 million this year, as part ofthe Company`s energy efficiency improvement program. The Company intends to integrate energy-efficient technologies in 6,020 wells, which is 35% more than in 2011. Artificial lifting accounts for more than half of the electricity consumed by TNK-BP. The application of …

TNK-BP will spend over 670 million rubles in 2012 on a programme to upgrade the process furnaces at the Ryazan Oil Refinery Company (CJSC RORC is a member of the TNK-BP group of companies). Fifty of the 56 process furnaces included in the programme are to be upgraded by the …