TNK-BP announces the discovery of new oil fields in the Pokrovsko-Sorochinskiy and Radovskiy blocks, with estimated potential recoverable reserves of 4 million tonnes in the ABC1 category and 1 million tonnes in the C2 category.
On December 19 Igor Sechin, Rosneft President and Chairman of the Management Board held a working meeting with BP CEO Bob Dudley to discuss the integration of Rosneft and TNK-BP.
ConocoPhillips (NYSE: COP) today announced it has entered into agreements to sell its Nigerian business unit for a total of $1.79 billion plus customary adjustments.
KMG EP’s Board of Directors approved the company's budget for 2013 on December 20.
Tethys Petroleum Limited ("Tethys" or "the Company") (TSX:TPL)(LSE:TPL), the oil and gas exploration and production company focused on Central Asia, announced December 21 that its subsidiary, Kulob Petroleum Limited, has signed a farm-out agreement ("FOA", for the Bokhta
Statoil today announces that the Lavani-2 exploration and appraisal well has resulted in a new natural gas discovery offshore Tanzania.The Statoil-operated Lavani-2 well successfully appraised the Lavani-1 discovery reservoir in the Palaeogene.
Gazprom has signed a revised gas price deal with Poland’s PGNiG, bringing the terms of its natural gas deliveries into line with trends on spot gas markets, the gas monopoly said on Tuesday.
Rosneft and Pirelli & C. S.p.A. signed an agreement to develop cooperation in trade and marketing. The agreement was signed by Igor Sechin, President and Chairman of the Management Board at Rosneft, and Marco Tronchetti Provera, Managing Director of Pirelli & C.
Russia is ready to increase its gas supplies to Turkey by 3 billion cubic meters/year, a spokeswoman for Russia's energy ministry told Platts late Tuesday.
Rosneft and Saras S.p.A. executed an agreement setting forth their intention to create a 50/50 Joint Venture for processing crude oil and further sale of petroleum products.