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16.04.2014 Oil revenue accounts for 41% of Iranian budget
Oil income accounted for 41 percent of the Iranian administration's budget in the past fiscal year, which ended on March 20, Trend reported on April 15.
31.03.2014 Russia’s Gazprom Neft board reviews agenda, preparations for the AGM
Gazprom Neft’s Board of Directors has reviewed the Company's 2013 investment program and budget, the company’s press office said on March 28. Gazprom Neft's 2013 investment programme amounted to nearly RUB 219 billion.
27.02.2014 Russia’s Tatneft board discusses strategy
A regular meeting of the Board of Directors of Tatneft, chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Almetyevsk (Republic of Tatarstan), on February 26, 2014, Tatneft’s press service has said.
06.02.2014 Gazprom Neft To Cut Back On Tight Reserves Projects
In 2014, Gazprom Neft plans about 20% boost in drilling horizontal wells with multistage hydrofracturing, Vadim Yakovlev, First Deputy General Director of the company, said.
30.01.2014 Kazakhstan’s Karachaganak field output down 2% in 2013
The output of hydrocarbons at Kazakhstan’s Karachaganak oil and gas field totalled 136.3 million barrels in oil equivalent in 2013, down by 2.3% year-on-year, the international consortium Karachaganak Petroleum Operating said on January 29, Itar-Tass has reported.
19.11.2013 Norway to Cut Reliance on Oil, Says PM
Norway’s Prime Minister Erna Solberg said pushing through a budget designed to avoid krone appreciation marks her first step toward weaning western Europe’s biggest crude producer off its oil reliance, Reuters reported on November 18.
30.10.2013 Gazprom Increases Investment Program for 2013 by 45%
The board of directors of Gazprom has approved a new version of its investment program for this year, increasing it by 45% to RUR 1.026tn. Of this, capital investment accounts for RUR 782bn while the rest is long-term investment.
10.06.2013 Total Energy Services Inc. Increases 2013 Capital Expenditure Budget
Total Energy Services Inc. ("Total") (TSX:TOT) has increased its 2013 capital expenditure budget to $68.6 million, the company reported in a news release.
April 2014
Pioneering Russian Offshore - Sakhalin Energy at 20
Russian Oil Firms Turn Associated Gas into Valuable Resource
Staying Within Price Corridor
