Company news

06 November 2012, Tuesday TNK-BP Terminates Contract with Unfair Contractor

Moscow, November 6, 2012 – TNK-BP informs about the termination of the contract with LLC Ekologicheskiy Tsentr Povolzhya.

02 November 2012, Friday TNK-BP to Introduce Professional Commitment Bonus

Moscow, November 2, 2012 – TNK-BP informs that this year, for the first time in the company history, its employees will be awarded Professional Commitment bonus. Approximately 213 million rubles will be set aside for this purpose.

01 November 2012, Thursday TNK-BP to invest $97 Million in Construction of Sulphur Recovery Unit at RORC

Moscow, November 1, 2012 – ТNК-ВР informs that by 2016 it will invest $97 mln in the construction of a free sulphur recovery unit at the Ryazan Oil Refinery Company (RORC).

01 November 2012, Thursday TNK-BP to Increase Investment in Associated Petroleum Gas Utilization Program to 62 Billion Rubles by 2015

Moscow, November 1, 2012 – ТNК-ВР reports the expansion of the associated petroleum gas (APG) utilization program: total investment in these projects will increase 12.7% to 62 bn rubles by 2015. Most investment is planned for 2012 – about 17 bn rubles, which is 25% more than last year.

01 November 2012, Thursday TNK-BP: Venezuelan JV PetroMonagas’s Production Increases 18% to 35.5 Million Barrels of Oil in 9 Months of 2012
Moscow, October 31, 2012 – TNK-BP announces an increase in oil production by JV PetroMonagas, a joint venture between TNK-BP (16.7%) and the Venezuelan state company PDVSA (83.3%), up to 35.5 million barrels in the first 9 months of 2012, which is 18% more than during the same period in 2011.
29 October 2012, Monday TNK-BP Announces Appointment of New Top Managers in Upstream and Downstream

Moscow, October 26, 2012 – TNK-BP announces that it has been joined by Johan van Scherpenzeel and Andrey Mukhachev who previously held managing positions in major international oil and gas companies.

26 October 2012, Friday TNK-BP to Invest 800 Million Rubles in Construction of New Sulphur Removal Facilities in Orenburg Region
Moscow, 26 October, 2012 – This is to inform you that LLC Buguruslanneft is finalizing the construction of sulphur removal units in Orenburg Region
22 October 2012, Monday TNK-BP and SPIMEX to Create Fuel Futures with Delivery via TNK-Magystral Cards

Moscow, October 22, 2012 – TNK-BP and St. Petersburg International Mercantile Exchange (SPIMEX) have announced the creation of a new primary market financial instrument – fuel futures with delivery via TNK-Magystral Cards.

22 October 2012, Monday TNK-BP in Cooperation with FAS Devises Principles for Pricing and Sale of Diesel on Russian Wholesale Market
Moscow, October 19, 2012- TNK-BP announces that it has begun applying the Principles for Pricing and Sale of Diesel Fuel on the RF Wholesale Market, devised jointly with the Federal Antimonopoly Service.
19 October 2012, Friday Press statement

Moscow, October 19, 2012 – TNK-BP informs