Integrated Oil & Gas

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Petroleo Brasileiro Petrobras SA rescinds construction and assembly contract for the Nitrogenous Fertilizers Unit III – UFN III

Friday, 19 Dec 2014 07:31am EST

Petroleo Brasileiro Petrobras SA:Announces it has rescinded the construction and assembly contract for the Nitrogenous Fertilizers Unit III – UFN III, in Tres Lagoas.Says UFN III construction work is 82 percent complete and is revising the timetable to ensure the undertaking is finished in the shortest amount of time possible.

ANK Bashneft' OAO to sell oil to Vitol in 2015 worth up to RUB 98.5 bln-Interfax

Thursday, 18 Dec 2014 05:42am EST

ANK Bashneft' OAO:Concluded a deal to sell export oil to Vitol worth up to 98.5 billion roubles, Bashneft said in a statement-Interfax.The agreement, which enters force on Jan. 1, 2015, is for one year with the option to extend for another year.

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