Oil

Gazprom Neft has successfully completed the placement of its series 001P-02R exchange-traded bonds, with a nominal value of RUB15 billion, and a maturity of seven years. The coupon rate is set at 8.25% per annum, and the coupon period at six months.

Gazpromneft Bitumen Materials, operator of the Gazprom Neft bitumens business, achieved sales of 58,500 tonnes of premium bitumen products in 1H 2017, 40 percent higher than the first six months of 2016.

VAALCO Energy, Inc. (NYSE:EGY) today reported operational and financial results for the second quarter 2017

Venezuelan state-owned PdV squeaked past a catastrophic debt default this year thanks to an expanding financial lifeline from Russian state-controlled Rosneft.

Enterprises of the TATNEFT Croup of Companies produced 2,432,000 tonnes of crude oil in July, while the production for the seven months period amounted to 16 million 495 thousand/

Since 27 March Colonial gasoline line space has traded below zero in the spot market.

This year, there were 18 participants from 9 branches of the company, who competed for the title of the best in the profession.

The parties have agreed to hold joint consultations with the National Iranian Oil Company (NIOC) on the evaluation, exploration and development of assets offered to investors, and to consider additional opportunities for cooperation in the Islamic Republic of Iran.

Upstream investment in Nigeria has been stifled over the past decade by uncertainty over future petroleum legislation and plans for tougher fiscal terms for international operators.