Oil

It was decided to hold the summit this year in one of the regions where the retail sales network of TATNEFT operated.

Pursuant to the revised draft of the investment program for 2017, the overall amount of the Company’s investments will stand at RUB 1,128.576 billion, which is RUB 217.341 billion more than was envisaged in the investment program approved in December 2016.

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 54.56 per barrel (bbl) on 14.09.2017.

This was higher than the price of US$ 53.39 per bbl on previous publishing day of 07.09.2017.

The parties discussed ongoing and future cooperation in the energy sector.

Statoil has acquired participating interests in two additional offshore frontier blocks, including one operatorship.

The PJSC TATNEFT’s production amounted to 2, 417.0 thousand tonnes of crude oil, 19,022 thousand tonnes during eight months (+502 thousand tonnes; 102.7%) to the similar period of 2016.

Apache's Houston headquarters reopened on Tuesday, Sept. 5, 2017. While the Houston offices did not sustain any significant damage during the storm, Apache decided to close its headquarters during the week of Aug. 28 out of an abundance of caution and to ensure the safety of its employees

BP sees room for more cost efficiency in UK North Sea.

The third “Federal IT Forum of the Russian Oil & Gas Industry” will be taking place in St Petersburg on 14 — 15 September 2017. The event will be supported by Gazprom Neft, as General Partner, for the third year running.

The meeting was broadcast live to 72 companies of the Gazprom Group.

TATNEFT will act as a partner in the business program frame of the International Forum on Energy Efficiency and Energy Development "Russian Energy Week".

A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to Kyrgyzstan.