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Integrated Oil & Gas

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Statoil appoints Jannicke Nilsson chief operating officer

Friday, 4 Nov 2016 07:08am EDT

Statoil Asa : says Jannicke Nilsson has been appointed executive vice president and chief operating officer (COO) in Statoil asa . says Nilsson takes over the role from Anders Opedal, who will lead the development of Statoil's growing and increasingly important operations in Brazil as new country manager .says Nilsson will report to President and CEO Eldar Saetre with her office location being Stavanger, while Opedal will report to Lars Christian Bacher, executive vice president Development & Production International.

NGK Slavneft Q3 net result turns to profit of RUB 3.34 bln

Tuesday, 1 Nov 2016 08:28am EDT

NGK Slavneft : Q3 revenue 53.73 billion roubles ($851.07 million) versus 53.92 billion roubles year ago .Q3 profit for period 3.34 billion roubles versus loss 238 million roubles year ago.

Eni says makes no sense to exclude Coral field from Mozambique sale

Friday, 28 Oct 2016 05:52am EDT

Eni: executive says sees Kashagan output at 200,000 barrels/day by end year . CFO says it makes no sense to carve out the Coral field from the sale process in Mozambique's Area 4 Further company coverage: [ENI.MI] (Reporting by Milan newsroom).

Tatneft increases its shareholding in Bank Zenit

Friday, 28 Oct 2016 03:01am EDT

Tatneft : As a result of the mandatory offer carried out by Tatneft , Tatneft Group's stake in the share capital of Bank Zenit exceeded 50 pct . Will assess the need for Bank Zenit's consolidation into Tatneft Group's financial statements under IFRS beginning from the moment or recording title to the bank's shares following the mandatory offer .Tatneft's management believes that the probability of establishing control over the bank under IFRS and, accordingly, the potential for its consolidation are high.

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