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January, Friday

Ratings // News

Position Heading Hits

Libya’s National Oil Corporation Chairman to Open Libya Oil & Gas Forum in London

During his first keynote speech in front of the oil and gas community at last year’s New Libya Oil & Gas 2014 Forum, Mustafa Sanallah, Chairman of the Libyan NOC, stated that production output is his highest priority. Indeed, a major oil company operating in the country just announced that their production in Libya has now exceeded the pre-revolution levels.


New software-based drive functions

Siemens is extending the range of applications for its Sinamics S120 drives family with new, software-based Advanced Technology Functions.


Rosneft and Eni Agree Principal Terms of Trading Supply Deals and Cooperation in Logistics

Trieste, November 26, 2013. Igor Sechin, Rosneft President and Chairman of the Management Board, and Paolo Scaroni, Eni CEO in the presence of the Russian President, Vladimir Putin, and Italy’s Prime Minister, Enrico Letta, signed a term sheet on mutual crude supply and a heads of agreement on logistics opportunities. 


Tires of TATNEFT Are Again among the Winners of the "100 Best Goods of Russia" Contest

By the results of the All-Russian contest "100 Best Goods of Russia" in 2013 two models of KAMA EURO tires: 129 195/55 R15 and 205/55 R16, manufactured by JSC "Nizhnekamskshina" were nominated award winners in the category "Industrial manufactured products".


Rosneft extends cooperation with Armenia

As part of a working visit to Armenia Rosneft President Igor Sechin met with the President of the Republic of Armenia, Serzh Sargsyan. A number of documents, pointed at extending cooperation with the republic, were signed in presence of the Armenian President


Proven pre-salt reserves up 43% in 2013

Production in the region reached a record 390,000 barrels per day


Avo Photonics and Weatherford Develop Downhole Multi-Channel Photometer

Horsham, Pa. – Custom opto-electronic design and production specialist Avo Photonics in collaboration with the Wireline R&D optical sensor group at Weatherford International has successfully designed and validated the performance of a downhole multi-channel photometer. The sensor has now completed several field trials and is being volume manufactured by Avo Photonics for Weatherford commercial deployment.


Russian and Venezuelan energy ministers discussed oil output freeze deal

Venezuelan Embassy in Russia said that Venezuela's Oil and Mining Affairs Minister Eulogio del Pino arrived in Moscow for a visit.


Fairmount Expedition towed jack-up rig Naga 3 to Vietnam

Tug Fairmount Expedition has towed jack-up rig Naga 3 safely from Labuan, Malaysia, to the PV Marine Shipyard in Vung Tau, Vietnam. 


Operating results for five months of the current year

In January-May 2014, Surgutneftegas produced 25.359 million tonnes of crude oil. 


Integrated drilling service agreement to Schlumberger Norway

Schlumberger Norway has been awarded a contract with Statoil to provide integrated drilling services for the Norwegian continental shelf licenses Gullfaks, Gullfaks Satellites, Snorre, Statfjord , Tordis/Vigdis, Visund.


Tatneft published its IFRS consolidated interim condensed financial statements for the three and six months ended 30 June 2014

OAO Tatneft (the “Company”) announces today that it published on its web-site ( the unaudited consolidated interim condensed financial statements for the three and six months ended 30 June 2014 prepared in accordance with International Financial Reporting Standards (“IFRS”) (the “Financial Statements”) and related Management Discussion and Analysis of Results of Operations (the “MD&A”).


Drilling works for September 2014

SOCAR (excluding Joint Ventures and Operating Companies) conducted 9362 metres of drilling works in September 2014. This entire amount was development drilling. 


Russian and kazakh delegations due in Iran to study oil swap

Russian and Kazakhstan delegations are planned to visit Iran this week to study resuming crude oil swap.


UK-listed Russia and Ukraine producer JKX Group produces more, still makes loss

JKX Group, made a net loss of $10.1 mln in 1H 2016, following net losses of $67.7 mln in 2H 2015 and $13.8 mln in 1H 2015.


Gazprom ranks among world’s top three public oil and gas majors in terms of 2015 EBITDA and net profit

The Gazprom's Financial and Economic Policy Press Conference was held at the Company's headquarters today in the lead-up to the annual General Shareholders Meeting.


LUKOIL commissions VGO Deep Conversion Complex

On Tuesday May 31, in Volgograd, Oil Deep Conversion Complex has been commissioned as part of vacuum gasoil (VGO) hydrocracking facility at PJSC LUKOIL’s wholly owned oil refinery OOO “LUKOIL-Volgogradneftepererabotka”.


Rosneft Oil Company has successfully closed the transaction of selling 15% shares in Vankorneft JSC to ONGC Videsh Limited

Rosneft Oill Company and ONGC Videsh Limited have closed the transaction of selling 15% shares in Vankorneft JSC to an Indian company. This transaction shows that the project portfolio of Rosneft Oil Company can be re-evaluated more than twice.


China interested in Bulgaria's Belene nuclear plant

China's state-owned nuclear company is eyeing the Belene nuclear power plant project in Bulgaria, the government in Sofia has said.


Indonesia hopes to sign final agreement with Rosneft on oil refinery in 2017

Indonesia hopes to sign a final agreement with Rosneft on the Tuban oil refinery construction in 2017.