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October, Tuesday

Ratings // News

Position Heading Hits

Alexey Miller: Yo-Mobil is of our interest as an NGV market driver

The presentation of the first Russian hybrid vehicles, Yo-Concept and sporty Yo-Crossover, took place today at the Gazprom headquarters premises.


Appointment of Jacques de Boisséson

Jacques de Boisséson has been appointed General Director of Total E&P Russie and General Representative of Total in Russia.


TRANSNEFT Began Filling with Oil the Second Line of ESPO Pipeline

TRANSNEFT JSC began works on filling with oil the second line of the East Siberia – Pacific Ocean oil pipeline. The oil was fed to the linear part of the trunk oil pipeline into the scraper station of oil processing plant No. 21 at Skovorodino district of Amur Region. 


Elena Lobodina to Take Charge of TNK-BP’s STL Division

TNK-BP informs that effective of October 15, 2012, Elena Lobodina will be appointed Vice President, STL, replacing Jonathan Kollek in this position. Elena will report directly to Alfred Barrios, Executive Director and Executive Vice President, Downstream.


Weatherford Classroom Opened In Russian State University of Oil and Gas n. a. I. M. Gubkin

On 2 October, Gubkin Russian State University of Oil and Gas, hosted a formal opening of a customized classroom of Weatherford, one of leading oilfield service companies in Russia and globally.


KSA awards a terminal contract to Chinese company

Saudi Basic Industries Corporation (Sabic) has announced that its affiliate, Jubail Chemicals Storage and Services Company (JCSSC), has awarded Engineering Procurement and Construction (EPC) contracts for a new storage, handling and shipping terminal at King Fahd Industrial Port in Jubail to China National Chemical Engineering Corporation (CNCEC). The total investment is estimated to be US $ 400 million. The project will enable the continued growth of the petrochemical and downstream industries in Saudi Arabia.


China Warns Vietnam on Oil Exploration

China on Thursday demanded that Vietnam stop unilateral oil and gas activity in a naval area claimed by both nations, after a spat between the two countries flared up earlier this week.


Marubeni to Spend $1B for Gulfstar One Stake

Marubeni confirmed Wednesday that it will buy a 49 percent stake in Gulfstar One, the latter – a company launched by William Partners – is currently constructing a floating platform at the offshore Tubular Bells field held by Hess Corporation and Chevron.


Rosneft posts strong results in H1 2013, including record-high daily hydrocarbon production of 4.8 mln boe against EBITDA growth of 36.4% and free cash flow of 68 bln rubles

On July 29, 2013 Rosneft publishes its consolidated IFRS financial statements for Q2 and H1 2013.


Libya Works to End Oil Sector Strikes as Output Rises

Libya's government is working to end protests at oil facilities that have cut exports, and its oil production has risen to nearly half its normal rate, its top oil official said on Monday.


SOCAR works out schedule to rectify accident at Bulla-Deniz field

Under the instruction of SOCAR President, the Commission was set up to eliminate the accident followed by gas show at the exploration well #90 at Bulla-Deniz field.


SOCAR, BP-Azerbaijan achieve environmental goals

SOCAR and BP-Azerbaijan, operator of oilfield block Azeri-Chirag-Guneshli, have successfully completed gas flaring reduction project at Chirag field.


Repsol posts net income of 1.054 billion euros

Repsol posted net income of 1.054 billion euros in the first half of 2013, a rise of 2.6% from the year-earlier period calculated at current cost of supply.


Offshore Europe: Subsea 7 Expands Pipeline Bundle Site

Oilfield services firm Subsea 7 reported Wednesday that it will spend $8.6 million on refurbishing its Caithness, Scotland-based pipeline bundle fabrication site.


Shell updates on fourth quarter 2013 and full year 2013 unaudited results

Royal Dutch Shell plc (“Shell”) today updates on its expected 2013 results. Fourth quarter 2013 figures, which are expected to be published on January 30, 2014 , are expected to be significantly lower than recent levels of profitability, considering current oil and gas prices and the downstream oil products industry environment.


NOVATEK announces year-end 2013 reserves

Moscow, 10 February 2014. OAO NOVATEK (“NOVATEK” and/or the “Company”) today announced that independent petroleum engineers, DeGolyer & MacNaughton, have completed their comprehensive reserve appraisal of the Company’s hydrocarbon reserves as of 31 December 2013.


SPE Russian Petroleum Technology Conference— Registration Open

Society of Petroleum Engineers is pleased to announce that registration for SPE Russian Petroleum Technology Conference (26-28 October 2015, Moscow, Russia) is open. Every year the conference attracts a great number of the leading industry companies. Thus, in 2014 approximately 800 delegates took part in the conference.


Heart of gas transmission system

Gazprom owns the largest gas transmission system in the world. An unparalleled technological complex, the system includes transportation facilities (some of which were mentioned in other photo essays, such as 72 hours; Sakhalin – Khabarovsk – Vladivostok – tested by nature; Getting ready for winter season; and Gryazovets – Vyborg: cross-country gas pipeline) and storage facilities (Gas keepers), as well as ensures continuous gas supply from wells to end consumers. The total length of Gazprom’s gas pipelines in Russia is 170.7 thousand kilometers.


Wärtsilä power plant mitigates

The inauguration of KivuWatt, a 25 MW Smart Power Generation power plant supplied by Wärtsilä, took place in Kibuye, Rwanda on Monday 16 May.  


Transneft PCD starts conducting seasonal works at the construction facilities

Seasonal works have started at 25 construction and reconstruction facilities in the zone of responsibility of Transneft PCD in 7 regions.


Neftegaz.RU context