Iraq and the Russian state oil producer Gazprom Neft have awarded an $879 million contract to South Korea’s Samsung Group to develop the Badra oil field in eastern Iraq. Samsung will design and build phase two of a central ...
Tags: Samsung, Badra Deal, Iraq
, the oil arm of Russian gas export monopoly Gazprom, to abandon oil deals in Kurdistan or face losing the lucrative Badra oilfield contract. The field, which is estimated to have reserves of 100 million barrels, is being developed by ...
Both Russia’s Gazprom Neft and the Kurdistan Regional Government have denied that the company has frozen projects in Iraqi Kurdistan. “Gazprom Neft is still working on these projects. The company keeps its interest in ...
Tags: Gazprom, Freezing Kurdistan Contracts, Iraqi Kurdistan
Gazprom Neft, the oil arm of the Russian energy giant Gazprom, plans to spend up to RUR 240 billion on investment projects, up 25% YoY. RIA-Novosti reported that ''The [investment volume] increase will be at about 25 percent, due to new ...
EvrazPlc announced organizational changes to the Company's management structure. In order to separate functions and intensify the management of key product groups, the Company will divide the Mining Division into two Divisions: the Iron Ore ...
Tags: EVRAZ, Iron Ore, Coal Division, Iron Ore Division and the Coal Division
The Moscow Times reported that a Gazprom Neft-controlled energy company will help build Serbia's first wind farm. Naftna Industrija Serbia,which is 56.5%controlled by Gazprom Neft,signed a deal last week with Serbian Energowind to build a ...
Tags: wind farm, Gazprom Neft Unit, Serbia
AK&M reported the company said that at Gazprom Neft special meeting set for Febuary 22nd the holders will elect new BOD members. According to the amendments to the articles now BOD includes 11 seats. The 2011 net profit rose 71% to USD ...
Tags: Gazprom Neft, special meeting, oil refinery