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News // Companies

Rosneft may challenge Crystallex claim to Citgo shares

Rosneft has asked a U.S. federal court to establish a robust appraisal and sale process of Citgo shares.

24 August 2018 , 16:05Irina SlavNeftegaz.RU6220

Petrofac agrees to sell interest in Greater Stella Area development

Petrofac announces that it signed an agreement to sell Petrofac GSA Holdings to Ithaca Energy.

24 August 2018 , 14:08Neftegaz.RU5920

CNOOC reported a 57 % jump in its net profit for the 1st half of 2018

CNOOC profits climbed 57 % year-on-year in the 1st half of 2018, boosted by higher crude prices and robust gas sales.

24 August 2018 , 10:11Neftegaz.RU5390

Zenith Energy to replace onshore line pipe, upgrade tankers in Azerbaijan

Zenith Energy decided to replace 4,000 metres of line pipe across its field area in Azerbaijan.

23 August 2018 , 12:08Neftegaz.RU5570

Vitol: Gas starts flowing from Ghana´s Sankofa field

Vitol has informed that gas deliveries have begun to GNPC from the Offshore Cape Three Points area.

23 August 2018 , 10:10Neftegaz.RU5030

Saipem awarded contracts for the 2nd phase of the ExxonMobil led Liza field

Italian oilfield services contractor awarded contracts for the 2nd phase of the ExxonMobil led Liza field.

22 August 2018 , 12:06Neftegaz.RU6360

ConocoPhillips and Venezuela’s PDVSA reached a payment agreement on a $2 billion arbitration award

ConocoPhillips reached an agreement with Venezuela’s state-owned oil company to recover $2 billion.

21 August 2018 , 14:06Neftegaz.RU5060

LUKOIL comissioned new well pad at West Qurna-2 field

LUKOIL commissioned a new well pad M11/1A at the West Qurna-2 oil field in Iraq.

20 August 2018 , 13:00Neftegaz.RU5740

KOGAS to invest $8.84 billion by 2025 in LNG and hydrogen projects

KOGAS said it will invest $8.84 billion by 2025 to expand its natural gas capacity.

17 August 2018 , 16:05Neftegaz.RU6360

Cash flow soars for Gazprom Neft

Gazprom Neft´s free cash flow improved more than 70 % from last year, though production increased by 2 %.

17 August 2018 , 14:06Daniel J. GraeberNeftegaz.RU4910

Ukrainian MP buys into JKX Oil & Gas

JKX said that a company incorporated in Grand Cayman and owned by a Ukrainian politician has bought 19.97% of the firm.

17 August 2018 , 12:06Neftegaz.RU4790

Gazprom, Rosneft, LUKOIL and TATNEFT are among the Top-10 most expensive brands in Russia

TATNEFT took the 9th place in the rating of the most expensive brands.

17 August 2018 , 10:10Neftegaz.RU6350

Russian-Vietnamese Vietsovpetro hires 2 PV Drilling jack-ups

Vietsovpetro reportedly hired 2 PV Drilling jack-up rigs.

16 August 2018 , 10:10Neftegaz.RU6600

ExxonMobil acquires stake in Namibian offshore block

Namibian offshore explorer Azinam has farmed out a 30 % share.

14 August 2018 , 14:06Neftegaz.RU5160

Petrofac awarded Basra oil company EPC contract

Petrofac awarded a contract worth around $370 million by Basra Oil Company (BOC).

14 August 2018 , 10:11Neftegaz.RU5800

Cheniere and CPC sign 25-year LNG sale and purchase agreement

Cheniere Marketing International LLP, Cheniere Energy's subsidiary, has entered into a liquefied natural gas (LNG) sale and purchase agreement (SPA) with CPC Corporation, Taiwan.

13 August 2018 , 15:43Neftegaz.RU3980

Petronas joins Total offshore Senegal. Drilling begins in 2019

Petronas will acquire from Total a 30% participating interest in the Rufisque Offshore Profond block.

13 August 2018 , 15:22Neftegaz.RU6080

Venezuela’s PDVSA cut debt to Russia’s Rosneft $400 million in Q2

PDVSA cut its debt to Russia’s top crude producer Rosneft by $400 million in the second quarter to $3.6 billion.

10 August 2018 , 16:05Neftegaz.RU6360

Rosneft reports strong Q2 earnings as oil prices improve

Rosneft reported record-high free cash flow and a near three-fold increase in net profit for the Q2.

08 August 2018 , 12:07Irina SlavNeftegaz.RU6171

LUKOIL to supply industrial oils to federal grid company of unified energy system of Russia

LUKOIL has won a tender of the FGC UES on supplies of lubricants in 2018-2020.

08 August 2018 , 10:10Neftegaz.RU5320