News archive - Page 3

The Economic Court of Kiev ripped concluded in April 2013, an agreement to acquire oil and gas company "Golden Derrick" at the National Joint Stock Company "Nadra Ukraine" of 24% in the joint venture on the Sakhalin field (Kharkiv region). This is stated in the court decision, published in the Unified Register of judgments. 

Gas production in Russia for ten months of 2014 decreased by 5.3% to 516.6 billion cubic meters. In October, production fell by 15.4% to 53 billion cubic meters. This is stated in the materials of the Central Supervisory Control FEC. In particular, Gazprom reduced gas production from January to October, up 9.9% to 352.3 billion cubic meters, and in October - 23.4% to 35.4 billion cubic meters. 

Net income Anglo-Dutch Royal Dutch Shell, attributable to shareholders for the 9 months of the year 2014 decreased by 2% compared with the same period last year and amounted to $ 14.279 billion., From the data of the company. Net profit for the III quarter. was $ 4.463 billion., a decrease of 5% compared with July-September 2013.

Shell Offshore Co. has requested a 5-year extension of its federal offshore leases in the Beaufort and Chukchi seas offshore Alaska. “The request reflects the extent of the actual delays we have experienced as a result of court decisions and agency actions for the last several years,” a Shell spokesman in Alaska told OGJ. The US Bureau of Safety and Environmental Enforcement (BSEE) is considering the request, a spokesman for the US Department of the Interior agency confirmed.

PGNiG Upstream International, the Norway-focused subsidiary of Polish Oil & Gas Co., has agreed to acquire 8% interest in Gina Krog field, 24.243% in Vilje field, 24.243% in Vale field, and 6% in Morvin field on the Norwegian continental shelf from Total E&P Norge AS, a wholly owned subsidiary of Total SA, for $317 million. The deal is effective Jan. 1, 2014.

Gas company Burisma Holdings drilled 16 wells and intends to exceed the well drilling plan for the current year. The journalists said the Chief Executive Officer for Operations Ukrainian Taras Burdein Burisma Holdings, the correspondent of RBC-Ukraine. "Who has drilled 16 wells. This year we had a plan of 21 wells, but before the end of the year we exceeded plan clearly. If the weather will permit, it may be 23 or 24 wells," - he said. 

October 23, Kyiv hosted the conference was focused on the application in Ukraine International Standard Extractive Industries Transparency Initiative, which Ukraine joined as a candidate country in October last year and pledged to implement rules which are in 2015. According to the mining companies such standard important for Ukraine, as do the rules work in transparent and understandable to investors. 

In January-September 2014 in the oil and gas sector in Azerbaijan has invested about 4.41 mmlrd manat, which is 28.2% more than the same period last year. This is stated in the report of the State Committee on Statistics of the country in the first nine months of 2014, reports Trend. 

Mexican Fresnillo Plc, the world's largest primary silver producer, in January-September 2014 increased total production by 1.3% to 32.414 million ounces (1,008.2 m) of the precious metal as compared to the same period last year, the company said. Gold production fell by 14.1% to 300.662 thousand. Ounces (9.4 tonnes) of the suspension of production at the field Soledad-Dipolos (Soledad-Dipolos) and temporary outages at the mine Herradura (Herradura). Climb lead production - decreased by 0.5% to 19,257 tonnes of zinc - increased by 14.9% to 21,647 tonnes. 

PJSC "Ukrgasdobycha" has successfully completed testing of an exploration well №27 Kamyshnyanskogo field in Poltava region depth of 6200 m, resulting in a depth of 5 995-6 200 m was discovered gas pool, the deepest in Ukraine today. It is said in a statement. During the test was a commercial gas flow of 200 thousand. M3 / d. Until the end of the year is expected to produce about 15 million m3 of natural gas, and the annual production volume of the well will exceed 50 million m3.