14 December 2011, Wednesday
TNK-BP Signs Contract with Transneft for Transportation of Oil through the Zapolyarye-Purpe Pipeline
- TNK-BP announces that it has signed a long-term contract with OJSC Transneft for the transportation of oil through the Zapolyarye-Purpe pipeline, which will connect Yamal fields with the East Siberia–Pacific Ocean oil pipeline.
12 December 2011, Monday
Results of TNK-BP’s Board of Directors meeting
- The Board of Directors of TNK-BP Limited, the main holding company of TNK-BP Group, held a regular board meeting on 9 December, 2011. The members of the Board reviewed TNK-BP’s operational and financial performance in 2011 and noted that increased production at the Company’s greenfield projects, greater refining volumes as well as favorable market conditions have enabled the Company to deliver significantly improved results year to date. Based on the final results of the third quarter, the Board voted to approve an additional third quarter dividend of $US 1.25 billion.