Max Petroleum provides operational updateJul 6, 2015Max Petroleum says that Sberbank has unconditionally granted a six month standstill on all principal and interest payments due
Regal Petroleum provides Ukraine production figures for the first half of 2015Jul 3, 2015Regal Petroleum announces its productions results for the first half of 2015 from its 100% owned and operated Mekhediviska-Golotvshinska (MEX-GOL)
Roxi Petroleum provides update on operations at BNGJul 1, 2015Roxi Petroleum is pleased to further update the market with news of progress at its flagship BNG asset. The well was spudded in July 2013 and drilled
Tethys Petroleum extends period of exclusivity with AGR EnergyJun 30, 2015Tethys Petroleum Limited has agreed to extend the current exclusivity period with AGR Energy Limited No. 1 until midnight
Gazprom Neft almost doubles production at Badra fieldJun 29, 2015A fourth well has been brought into production at the Badra field, Iraq, operator of which is Gazprom Neft. This new high flow-rate well (Р-05) has allowed total production
OneSubsea awarded $60 million contract for Shah Deniz Two development, AzerbaijanJun 29, 2015OneSubsea®, and Schlumberger company, has been awarded a contract totaling more than $60 million for the Shah Deniz Two development, operated by BP, offshore Azerbaijan. OneSubsea was awarded the initial contract for subsea trees for Shah Deniz Two in 2013. The scope of the new contract includes the supply of the second of three planned batches of subsea production trees and ancillaries. Deliveries are expected to commence 2016.
Lukoil starts oil refinery installation operation in VolgogradJun 29, 2015In Volgograd, Vagit Alekperov, President of OAO "LUKOIL", Arkady Dvorkovich, Deputy Prime Minister of Russia, Kirill Molodsov, Deputy Energy Minister of Russia
Roxi Petroleum granted three year BNG licence extensionJun 26, 2015Roxi Petroleum says that the licence for its flagship BNG Contract Area has been successfully renewed for a further period of 3 years ending on 7 June 2018.
Cadogan appoint Guido Michelotti as its Chief Executive OfficerJun 26, 2015Cadogan Petroleum has appointed Guido Michelotti as its Chief Executive Officer and as a Director. An Oil & Gas executive with over 30 years' of experience
LUKOIL Launches Two Facilities, Holds Annual Shareholder MeetingJun 26, 2015On June 25, LUKOIL, one of the world’s largest private oil & gas companies and Russia’s second largest oil producer held its annual General Meeting of Shareholders...
Tethys Petroleum updates funding development and explorationJun 25, 2015In May, Tethys Petroleum (TPL) announced that the proposed 50% farmdown of its Kazakhstan assets to SinoHan for $75m would no longer proceed.
FMC Technologies awarded $297m contract for BP (Shah Deniz) Stage 2 projectJun 24, 2015FMC Technologies, Inc. has received an order from BP Exploration (Shah Deniz) Ltd. to supply subsea production systems for Well Clusters 3-5 of the Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $297 million in revenue and is in addition to the initial order for Well Clusters 1-2 received in 2014 from BP, the operator of the Shah Deniz Stage 2 project.
Clontarf Energy to begin exploration on Peruvian operationsJun 23, 2015Clontarf Energy plc holds a 3% over-riding royalty in Peruvian Block 183 in the central Peruvian forested foothills. This 3% over-riding royalty is capped at US$5 million
Gazprom Neft and Skolkovo Foundation join forces in major agreement on strategic cooperationJun 22, 2015Alexander Dyukov, CEO Gazprom Neft, and Victor Vekselberg, President of the Skolkovo Foundation, have used the opportunity of the St Petersburg
Frontera Resources appoints President as new executive directorJun 19, 2015Frontera Resources Corporation has appointed Zaza Mamulaishvili to the board as an executive director of the Company with immediate effect.
Rosneft's Kara-Winter-2015 become the largest arctic expedition in the world in recent 20 yearsJun 19, 2015Kara-Winter-2015, scientific-exploratory expedition, organized by Rosneft with the support of the Arctic Research and Design Center
Tethys Petroleum provides corporate updateJun 12, 2015Tethys Petroleum Limited provides the following corporate update to its shareholders.Resolution reached with SinoHan. Following the greater than 50% reduction of our corporate and regional
KUB-Gas granted new licence in UkraineJun 9, 2015Serinus Energy Inc. says that KUB-Gas LLC, Serinus' indirectly 70% owned subsidiary, has been granted a new concession in eastern Ukraine.
LUKOIL President meets with Kazakhstan leadersJun 8, 2015LUKOIL President Vagit Alekperov visited Astana to attend the 28th Plenary Session of the Foreign Investors’ Council under the President of Kazakhstan
Roxi Petroleum provides operational updateJun 2, 2015Roxi is pleased to further update the market with news of progress at its flagship BNG together with updates on the Sale of Galaz and the
Zeta enters period of exclusivity regarding Bobocu concession farm-outJun 2, 2015Zeta Petroleum says that the Bobocu concession farm-out process has resulted in the receipt of a farm-in offer from a third party and
Ruspetro completes development well campaign on Pad 23bJun 2, 2015Ruspetro plc has completed its development well campaign in the area of Pad 23b on the Pottymsko-Inginsky licence block. The 2015 drilling campaign
Rosneft Chairman of the Management Board holds talks in VenezuelaMay 29, 2015May 28, as part of his business trip to Caracas, Rosneft Chairman of the Management Board Igor Sechin met with the President of the Bolivarian
Rosneft produces one millionth ton of oil at the Northern Tip of Chayvo fieldMay 27, 2015On May 25, Rosneft produced one millionth ton of crude oil at the Northern Tip of Chayvo field on the shelf of the Sakhalin Island. This milestone was reached