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KRU donates two ambulances to miners’ health center
KRU has provided funding for the purchase of two ambulances to be donated to the State Research Center of Miners’ Health in… »Gazprom hosts final round of Fakel Festival
Gazprom held the opening ceremony of the final round of the six-day Fakel Festival talent competition in Vitebsk. Launched… »Construction on Gazprom’s Kazachya compressor begins
With the laying of the foundation for station facilities, construction on Gazprom's Kazachya compressor station in Krasnodar… »Rosneft signs cooperative agreement with PetroVietnam
Rosneft signed on Wednesday an agreement with Vietnamese oil and gas company PetroVietnam to strengthen their cooperative… »NLMK to hold conference call on first quarter results
NLMK will announce its consolidated US GAAP results for the first quarter of the year in a conference call on… »
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Category Archives: Oil
Rosneft signs cooperative agreement with PetroVietnam
Rosneft signed on Wednesday an agreement with Vietnamese oil and gas company PetroVietnam to strengthen their cooperative efforts. The agreement was signed in Sochi by Rosneft Management Board President and Chairman Igor Sechin and PetroVietnam Board of Directors Chairman Phung … Read More »
Posted in Energy, Industry Insider, News, Oil
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Transneft: Azerbaijan falls short of satisfying oil agreement with Russia
Transneft announced on Wednesday that Azerbaijan has failed to satisfy the terms of its oil supply agreement with Russia by a total volume of nearly one million tons. Per the agreement signed in January 1996, the Republic of Azerbaijan was … Read More »
Posted in Energy, News, Oil
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Tatneft releases first quarter production results
Tatneft released its production results for its international oil operations for the first quarter of the year. In the month of April, Tatneft produced 2.14 million tons of crude oil, marking a slight increase over the previous year. April’s output … Read More »
Posted in Energy, Industry Insider, News, Oil
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Tatneft ranked among top 10 Russian firms in corporate transparency
Tatneft was ranked first in the top 10 list of Russian oil and gas companies with the greatest level of corporate transparency for the month of April. Conducted by the Russian Agency for Political and Economic Communications, the monthly transparency … Read More »
Posted in Energy, Industry Insider, Natural Gas, News, Oil
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Rosneft recommends resolution to pay $2.7 billion in 2012 dividends
Rosneft’s board of directors recommended a resolution last week to pay 2012 dividends in the amount of $0.26 per ordinary share, roughly 25 percent of the company’s IFRS net profit for the year. If shareholders approve the board’s recommendation at … Read More »
Posted in Energy, Industry Insider, Natural Gas, News, Oil
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Bashneft CEO Aleksandr Corsik speaks on career
Aleksandr Korsik is considered by much of the industry to be a longtime oil man, working for the last 15 years at the former Sibneft, Russneft and Bashneft, but much of the story of his life before 1995 is unknown. … Read More »
Posted in Energy, Industry Insider, News, Oil
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Lukoil-West Siberia to start “Early Oil” project at Imilorsko-Istochnoye
Lukoil subsidiary Lukoil-Western Siberia recently began active implementation of its “Early Oil” project at the Imilorsko-Istochnoye license block. The company has established a governing council as part of the project, and the project’s implementation schedule was approved. Lukoil will also … Read More »
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Rosneft completes acquisition of 13.7 percent stake in Italy’s Saras
Rosneft subsidiary Rosneft JV Projects recently completed the acquisition of a 13.7 percent stake in Italian energy firm Saras, a deal valued at more than $233 million. Rosneft JV Projects purchased 130.29 million shares from the Moratti family, Saras’ controlling … Read More »
Posted in Energy, Industry Insider, News, Oil
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