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News // Economy

Shell. First quarter 2013 results announcement

1st quarter 2013 unaudited results (excerpt)

07 May 2013 , 10:28Neftegaz.RU15540

First Quarter 2013 Results

BP's first quarter 2013 results will be published on Tuesday 30 April 2013 at 0700 BST / 0200 EDT. Copies of the results will be available on shortly afterwards.

22 April 2013 , 10:28Neftegaz.RU13490

Canada Welcomes More China Energy Investment

Canada is open to future acquisitions by Chinese energy companies, its trade minister said, in a clear signal Ottawa wants deeper ties with Beijing despite controversy over CNOOC Ltd.'s recent acquisition of Canada's Nexen Inc.

17 April 2013 , 09:31Neftegaz.RU10360

Foreign Companies Boost Investment in US Shale Plays

Investment by foreign oil and gas companies played a significant role in the development of U.S. shale plays, according to a recent report by the U.S. Energy Information Administration (EIA).

10 April 2013 , 10:46Neftegaz.RU9690

Shell files Annual Report and Form 20-F with SEC

 Royal Dutch Shell plc filed its Annual Report on Form 20-F for the year ended December 31, 2012 with the U.S. Securities and Exchange Commission.

21 March 2013 , 09:35Neftegaz.RU10150

Chevron: On Track for 20% Production Growth By 2017

Chevron Corp. expects to increase its oil and natural gas production by more than 20% by 2017, the company said Tuesday at its annual investor conference.

13 March 2013 , 11:23Neftegaz.RU14300

TNK-BP Profit Down in 4Q 2012

Russian oil producer TNK-BP International, which is being acquired by oil giant OAO Rosneft from BP PLC and its partners, said Thursday that its fourth-quarter net profit fell 11% on year to $1.87 billion due to lower sales volumes and higher taxes.

01 March 2013 , 10:09Neftegaz.ru15010

NOVATEK closes rouble denominated Eurobond issue

NOVATEK announced today the closing of its four-year rouble denominated Eurobond issue in an aggregate amount of RR 14.0 billion. The annual coupon rate is set at 7.75% with coupons payable semi-annually.

21 February 2013 , 09:12Neftegaz.ru10770

Australian Oil, Gas Workers World's Best Paid at $163,600/Year

Workers in Australia's oil and gas sector are the highest paid in the world and earn 25% more than U.S. counterparts, according to a new survey that lays bare the pressures facing companies like Chevron Corp. as they invest billions of dollars to meet Asia's booming energy demand.

11 February 2013 , 10:28Neftegaz.ru10670

Report: 47 Tcf Gas Potential at Buru's Canning Permits

Buru Energy revealed Friday that RISC, an independent evaluation group, has completed an assessment of the prospective resources for all of the company's onshore permit areas in the Canning Superbasin.

11 February 2013 , 09:54Neftegaz.ru11340

Talisman Prepares for Job Cuts as Canada's Oil Patch Struggles

CALGARY (Globe and Mail)--Talisman Energy Inc. (TLM.T, TLM) is preparing to cut its workforce as it works to substantially reduce office costs amid a broader push toward better profitability.

28 January 2013 , 10:03Neftegaz.ru15280

Russian Court Dismisses $3B Case Against BP

A Russian court Thursday dismissed a $3 billion damages ruling against BP PLC and closed the case, a court official said, ending months of legal strife for the U.K. company as it finalizes a deal to sell out of its joint venture in the country and take a stake in oil giant OAO Rosneft.
25 January 2013 , 09:47Neftegaz.RU9180

Surgutneftegas reports preliminary operating results for 12 months of 2012

Over the last twelve months of 2012, Surgutneftegas produced 61,405 thousand tons of crude oil. Compared to the periods of 2011 and 2010, crude output increased by 1% and 3%, respectively.

15 January 2013 , 10:05Neftegaz.ru9620

Senate Proposal To Give U.S. Energy Revenues to States

Energy-rich states would be in a position to receive millions of dollars of oil royalties and other energy revenue currently collected by the federal government under a proposal being put together by a pair of key lawmakers.

10 January 2013 , 09:48Neftegaz.ru8740

Brazil's Oil Industry Plans to Fight New Rio State Tax

Brazil's oil industry plans to fight a new tax on oil and natural gas recently approved by Rio de Janeiro state legislators, the president of the Brazilian Petroleum Institute, or IBP, said Wednesday.

27 December 2012 , 09:43Neftegaz.ru12060

Bashneft is declared the ‘Company with the Best Dividend Policy’

The Investor Protection Association (IPA) has announced that JSOC Bashneft won the ‘Russian Leaders in Corporate Governance 2012’ Award in the ‘Company with the Best Dividend Policy’ category.

14 December 2012 , 10:33Neftegaz.ru10040

Australia's $204B Pipeline of O&G Projects Could Slow on Cost Blowouts

Australia can no longer bank on its massive pipeline of committed liquefied natural gas (LNG), gas and petroleum projects, worth $204 billion (AUD 195 billion), to shield the country from the global economic downturn amid cost pressures brought on by factors such as skilled labor shortages and a strong local currency.
29 November 2012 , 10:27Neftegaz.RU11200

Bashneft’s net income increases by 62.3% in the third quarter of 2012

Bashneft Group, which comprises JSOC Bashneft, its subsidiaries and affiliates, has published its unaudited consolidated financial results for the third quarter of 2012 and the nine months ended September 30, 2012 prepared in accordance with International Financial Reporting Standards (IFRS).

20 November 2012 , 10:40Neftegaz.RU9240

Nigeria: Total announces the sale of its participating interest in the offshore OML 138

Total announces that it has finalized an agreement to sell its 20% contractor interest in OML 138 block to a wholly owned subsidiary of China Petrochemical Corporation (Sinopec), for approximately US$2.5 billion in cash (subject to post-closing adjustments). The agreement is subject to approval by the Nigerian authorities.

20 November 2012 , 10:36Neftegaz.RU20310

NOVATEK begins share buyback program

NOVATEK hereby announces that today independent broker has begun to execute purchases of ordinary shares of NOVATEK (the “Shares”) and Global Depositary Receipts representing Shares (the “GDRs”, each GDR representing 10 Shares) on the open market pursuant to the share buyback program (“Program”) approved by the Company’s Board of Directors and announced on 7 June 2012.

19 November 2012 , 09:53Neftegaz.RU9990

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