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Tatneft' PAO (OAOFY.PK)

OAOFY.PK on OTC Markets Group

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Wed, Aug 9 2017

Innovate, cut costs: how a Russian oil firm navigates global supply curbs

ALMYETYEVSK, Russia, Aug 9 A global deal cutting crude output has forced mid-sized Russian oil company Tatneft to curb flows at some fields, leaving it with lower revenues but little relief from maintenance and running costs. Its response: innovation.

BRIEF-IPIC GMTN board of International Petroleum Investment PJSC reconstituted

* Board of directors of international petroleum investment company PJSC has been reconstituted

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