Press releases

26 September 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 23 September, 2011. The Board reviewed TNK-BP performance in 2011 and noted that increased production and refining volumes as well as favorable market conditions have enabled the Company to deliver robust results year to date.
15 September 2011, Thursday TNK-BP Holds Supplier and Contractor Forum in Moscow
TNK-BP announces that the TNK-BP Supplier and Contractor Forum took place in Moscow today. TNK-BP and over 400 Forum participants representing the company’s Russian and foreign partners working in all sectors of the oil & gas industry discussed the results of the first year of TNK-BP’s new approach to contracting work, as well as a set of measures to combat abuses and violations of corporate ethics.
09 September 2011, Friday TNK-BP will be a Business Partner of the 7th Baikal International Economic Forum

TNK-BP will be a business partner of the 7th Baikal International Economic Forum, to be held in September 12–14 in Irkutsk. Approximately 700 representatives of major Russian and international companies, public associations, and executive and legislative authorities from more than 20 countries are scheduled to participate in the event.

09 September 2011, Friday TNK-BP started production of Euro-4 compliant grade Ai-92 gasoline at the Saratov Refinery

OJSC Saratov Oil Refinery (a subsidiary of TNK-BP) started production of environmental standard 4 compliant grade Ai-92 gasoline.

08 September 2011, Thursday TNK-BP Reviews Preliminary Results of Integrity and Loyalty Programme

TNK-BP operates on the principle of zero tolerance towards all violations of business ethics and is actively developing a system of measures to combat fraud and corruption. On September 7, 2011, TNK-BP’s Ethics Committee reviewed the preliminary results of the Company’s Integrity and Loyalty Programme. Aimed at preventing violations of ethical norms and rules within the company, the Programme is one element of a comprehensive system for combating corruption and fraud in TNK-BP.

24 August 2011, Wednesday Extraordinary General Shareholders Meeting of OJSC TNK-BP Holding to Review Dividend Payment for 6 Months of 2011
OJSC TNK-BP Holding Board of Directors approved the agenda of the extraordinary General Shareholders Meeting that will be held by absentee vote on September 30, 2011. Shareholders will review the item ‘On Payment (Declaration) of Dividends for 6 Months of 2011’.
19 August 2011, Friday TNK-BP signs a US$1.5 bn loan facility agreement with a Club of International Banks

On 18 August 2011, TNK-BP entered into a US$1.5bn unsecured loan facility agreement with a club of 10 international banks.

03 August 2011, Wednesday TNK-BP Holds a Central Supplier and Contractor Interaction Council meeting in Moscow

TNK-BP held a meeting of its Central Supplier and Contractor Interaction Council. Over 20 major TNK-BP contractors from the Central Federal District participated in the event.

26 July 2011, Tuesday TNK-BP reports strong 1H11 results: 1.2% production growth with 87% increase in Net Income and 59% EBITDA growth year-on-year
TNK-BP today reported its results for the first half of 2011.
20 July 2011, Wednesday INTER RAO, TNK-BP and Technopromexport have begun construction of a third power-generating unit at the Nizhnevartovsk TPS
INTER RAO and TNK-BP today announced the construction of a third power-generating unit at the Nizhnevartovsk TPS with an installed capacity of 400 MW. Investment costs for the project prior to launch are expected to be 16 billion rubles (excluding VAT). Completion of the unit is planned for mid-2013.