Integrated Oil & Gas

Page 3

Shares of Petroleo Brasileiro Petrobras SA plunge on election poll-Reuters

Monday, 29 Sep 2014 09:13am EDT

Petroleo Brasileiro Petrobras SA:Shares of Brazilian state-run companies plunged on Sep. 29 after an election poll released late Sep. 26 showed President Dilma Rousseff gaining on challenger Marina Silva ahead of election-Reuters.Brazilian investors have been heavily critical of Rousseff's government for enacting policies that have gone against minority shareholder interests in state-run companies.At 10:19 a.m. (13:19 GMT), shares of state-run oil producer Petroleo Brasileiro SA, dropped nearly 11 percent.

Columbia Pipeline Partners Files for Initial Public Offering

Sunday, 28 Sep 2014 08:00pm EDT

Columbia Pipeline Partners LP:Says it has filed a registration statement with the Securities and Exchange Commission for an initial public offering of CPPL's common units.Says intends to apply to list its common units on The New York Stock Exchange under the symbol CPPL.Arclays and Citigroup will act as the joint book-running managers of the offering. Lazard is also acting as a financial advisor to NiSource.

Gazprom OAO creates transport organizer for gas sold on exchange-Interfax

Thursday, 25 Sep 2014 05:47am EDT

Gazprom OAO:Gazprom has created LLC Gazprom Mezhregiongaz Postavka to organize the transport of gas sold on the St. Petersburg International Mercantile Exchange (SPIMEX) Vice President Mikhail Temnichenko said at a meeting with the Federal Anti-Monopoly Service to discuss the start of gas trading-Interfax.The main functions of Gazprom Mezhregiongaz Postavka will be sending data to the exchange on restrictions in the gas transport system, as well as a calculation for the cost of transportation services.The company will also organize shipments and keep track of whether a deal was or was not made.The shipments organizer will therefore coordinate deals that take place on the exchange as concerns shipping gas with the gas transport system.As a result, each deal that takes place on the exchange will also be provided with transportation services, as well as tariff calculation, Temnichenko said.

Aktsionernaya Finansovaya Korporatsiya Sistema OAO says acquisition of 98 pct in UPC from ANK Bashneft' OAO has not been completed

Wednesday, 24 Sep 2014 12:00am EDT

Aktsionernaya Finansovaya Korporatsiya Sistema OAO:Says that the acquisition of a 98 percent stake in OJSC United Petrochemical Company (UPC) from its subsidiary ANK Bashneft' OAO (Bashneft) has not been completed.Bashneft retains ownership of UPC.

NK Rosneft' OAO to produce 55 bcm gas in 2014-Interfax

Tuesday, 23 Sep 2014 02:34am EDT

NK Rosneft' OAO:Rosneft will produce 55 billion cubic meters of gas in 2014, the state oil giant's vice president, Vlada Rusakova, said at the Sakhalin Oil & Gas Conference-Interfax.A source with knowledge of the situation told Interfax that this was a gross figure which included associated gas flared at the Vankor field.Rosneft produced 38.17 bcm of gas, according to international reporting standards, in 2013.Gas utilization at Vankor began at the start of last year and had reached 63.4 percent by Aug., compared with 78.6 percent at Rosneft as a whole.So far, daily saleable gas production has peaked at 163.6 million cu m.

Oando Plc proposes interim dividend

Monday, 22 Sep 2014 08:00pm EDT

Oando Plc:Announces that it has proposed the distribution of an interim dividend of 0.70 Nigerian naira per share.Says payment date Dec. 15.

Oando Plc proposes dividend for FY 2013

Monday, 22 Sep 2014 08:00pm EDT

Oando Plc:Announces that it has proposed for fiscal year 2013 the distribution of a dividend of 0.30 Nigerian naira per share.Says payment date Nov. 17.

Rubis in talks to purchase Total holding in French Antilles Refinery

Monday, 22 Sep 2014 12:00pm EDT

Rubis SCA:Says it has remitted to Total an irrevocable offer to purchase its 50 pct holding in SARA.Says SARA is a refinery based in Martinique supplying the French Antilles and Guiana.Says it is already 35.5 pct shareholder in SARA.

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