Petrogrand provides July 2015 production updateAug 18, 2015The total production from the Komi oil fields Dinyu-Savinoborskoe, Sosnovskoe and Yuzhno-Tyebukskoe in July 2015 amounted to 55,428 barrels
Rosneft acquires a Russian oilfield service company from Trican Well Service Ltd.Aug 17, 2015A company of the Rosneft Group and a subsidiary of Trican Well Service Ltd. signed a framework agreement and ancillary documents, pursuant to which a Rosneft subsidiary agreed to acquire a 100% shareholding in Trican Well Service LLC, which provides high-quality pressure pumping services focused on enhancement of production within the conventional oil and gas industry in Russia.
Galicia Energy reaches in principle agreement to sell Ukraine LicenseAug 14, 2015Galicia Energy Corporation Limited has reached in principle agreement to the sale of Zinest Holdings, the holding company of its Ukraine oil and gas asset.
KazMunaiGas Exploration Production declares first half 2015 resultsAug 14, 2015JSC KazMunaiGas Exploration Production announces condensed consolidated interim financial statements for the six months
LUKOIL reaches five million tonnes of oil at Yuri Korchagin fieldAug 13, 2015PJSC LUKOIL passed a 5 million tonnes (38.6 million barrels) mark in oil production at the Yuri Korchagin field in the Caspian Sea.
PetroNeft current gross production from Licence 61 is about 2,600 bopdAug 13, 2015PetroNeft is pleased to provide an update on operations at Licence 61 L-10 horizontal well brought online at a sustained rate of 230 bopd. L-10 result confirms short segment horizontal drilling greatly increases flow rates.
LUKOIL awarded block in Eastern SiberiaAug 12, 2015LUKOIL has been awarded the rights to develop the Vostochno-Taimyrsky block, which is located in the Taimyr Dolgano-Nenets district of the Krasnoyarsk region. OOO LUKOIL-
New multiclient 2D seismic project launched in North Celtic sea/St Georges ChannelAug 12, 2015GeoPartners, in partnership with MAGE, Seabird Exploration and DownUnder GeoSolutions, are pleased to announce the acquisition of a new regional multiclient 2D (MC2D)
Exillon Energy provides July production figuresAug 12, 2015Exillon Energy plc is pleased to announce unaudited production data for the month of July 2015.Our average daily production was 15,732 bbl/day during the period.
Tethys Petroleum cancels funding with AGR EnergyAug 11, 2015Tethys Petroleum Limited says that the US$47.7 million financing with AGR Energy Holdings Limited and related clawback of shares by Pope Asset Management, LLC
LUKOIL obtains long-term financing for Shah Deniz Stage 2 project in AzerbaijanAug 10, 2015Under the second stage of the Production Sharing Agreement of the Shah Deniz Project in Azerbaijan, LUKOIL Overseas Shah Deniz Ltd. (a fully-owned PJSC LUKOIL subsidiary) has signed in Baku a 12 year credit-facility agreement with a consortium of banks to borrow USD 1 billion.
Russia is world's largest producer of crude oil and lease condensateAug 7, 2015Russia is the world's largest producer of crude oil (including lease condensate) and the second-largest producer of dry natural gas, after the United States. Hydrocarbons play a large role in the Russian economy, as revenue from oil and natural gas production and exports accounts for more than half of Russia's federal budget revenue. However, recent international sanctions on Russia, coupled with low oil prices, have put pressure on the Russian economy
Lundin cuts 2015 production forecastsAug 6, 2015Lundin Petroleum revealed in its 2015 half year results statement that it has cut its production guidance from previous forecasts of between
Caspian Energy provides update on Aral PetroleumAug 5, 2015Caspian Energy Inc. has been advised that developments have occurred with respect to its wholly-owned subsidiary, Aral Petroleum
Gazprom and BASF agree cooperation for Nord Stream II gas pipeline projectAug 4, 2015Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Hans-Ulrich Engel, Member of the BASF Board of Executive Directors signed
Spore, Malaysia, International Reps visit Rosatom facilitiesAug 3, 2015Permanent representatives of Singapore and Malaysia to international organizations in Vienna paid a visit to Rostov region located in the south of Russia as a part
Jupiter Energy provides quarterly updateJul 31, 2015Jupiter Energy Limited presents the following update on activities for the 3 month period ending 30 June 2015. Also included in this report are details of subsequent
Lansdowne Oil & Gas commences drilling at Midleton exploration wellJul 30, 2015Lansdowne Oil & Gas says that PSE Seven Heads Limited, the operator of SEL 4/07, and a wholly owned subsidiary of PSE Kinsale Energy Limited has
Serinus Energy provides second quarter 2015 operations updateJul 29, 2015Serinus Energy Inc. is pleased to provide an update for its operations for the second quarter of 2015. As reported on July 27, 2015, production has recommenced at the Sabria Field in central Tunisia
Mart Resources declares amending agreementJul 28, 2015Mart Resources, Inc. says that Midwestern and Mart have jointly agreed, pursuant to the terms of a second amending agreement
Roxi Petroleum signs deal with Canamens to cancel future royaltiesJul 27, 2015Roxi has entered into an agreement with Canamens Limited ('CL') and Sector Spesit IV, a sub-fund of Sector Umbrella Trust ('SS4') to cancel
Huarong achieves satisfactory results from Kyrgyzstan projectJul 27, 2015China Huarong Energy Company Limited says that the fracturing operations of oil wells in the Kyrgyzstan Project have achieved
Candax Energy extends additional debt waiverJul 27, 2015Candax Energy Inc. has obtained from Geofinance NV, major debtholder and shareholder of the Company, a further extension of 9 days on the waiver
JKX Oil & Gas declares Interim AwardJul 27, 2015An international arbitration tribunal has issued an Interim Award requiring the Government of Ukraine to limit the collection of rental fees