Chevron Corporation announced December 24 that its indirect Canadian subsidiary, Chevron Canada Limited, will acquire a 50 percent operating interest in the Kitimat liquefied natural gas (LNG) project and proposed Pacific Trail Pipeline (PTP), and a 50 percent interest i
Led by Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee, the Gazprom delegation paid a working visit to the Republic of Uzbekistan December 24.
Polskie Górnictwo Naftowe i Gazownictwo SA signed a PLN 3.5bn transmission agreement with OGP Gaz-System.
Gazprom Neft has opened its first branded gasoline station in Romania. The station is part of an expansion by the Serbian National Oil company, Naftna Industrija Srbije (NIS) in which Gazprom Neft holds a 56.5 percent interest.
PKN ORLEN signed an annex to a contract for the supply of crude oil to its Płock refinery executed in December 2009, extending its term for another three years. The contract value is approximately PLN 26 billion.
Tatneft will set up an R&D center in the Skolkovo technology hub. The agreement was signed in presence of the Tatarstan President Rustam Minnikhanov, Skolkovo fund president Viktor Vekselberg and Tatneft’s General Director Shafagat Takhautdinov.
Gazprom Neft, the oil arm of state-controlled gas giant Gazprom, said in a statement Monday it plans to boost investments by 25% to $7.8 billion in 2013.
Russia's Lukoil has outbid Rosneft and Gazpromneft-Noyabrskneftegaz at an auction for Siberian oilfields.
Russian oil pipeline monopoly Transneft on Tuesday launched the second leg of the East Siberia - Pacific Ocean (ESPO) oil pipeline.
Air Products and Sibur inaugurated the opening of a new air separation unit (ASU). The grand opening ceremony is being held in conjuction with the 80th anniversary of Sibur’s OAO Voronezhsynthezkauchuk’s facility.