Company news

Dear friends! Today many of us saw their children or grandchildren off to school. Some of our older children will get their first Student ID cards today. We would like to offer our congratulations to you and to the younger generation of your families!

The fourth interregional professional excellence contest among employees of TNK-BP Upstream subsidiaries has finished in Nizhnevartovsk. 106 representatives of 14 enterprises in West Siberia and the Orenburg, Novosibirsk, and Irkutsk Regions competed for the title “Best in Profession.” Winners were chosen in six nominations.

Workers and managers of the Saratov Oil Refinery met to discuss health and safety issues and chose three top-priorities in their activities: tight control over observation of all heath and safety requirements, interaction with department managers for compliance with the health and safety standards, and promotion of high industrial standards in workplaces.

An interregional professional excellence contest is starting today in Nizhnevartovsk among employees of TNK-BP Upstream subsidiaries. The contest will be participated by representatives of 15 enterprises of the company based in Nizhnevartovsk, Raduzhny, Nyagan, Urengoi, Tyumen, Novosibirsk, Orenburg, Sorochinsk, Buguruslan, and Irkutsk.

A corporate-wide interregional contest among service contractors of JSC TNK-BP Supply was held in the city of Buzuluk on August 12–13. The contest was participated by the best warehousemen, crane operators, and slingers of JSC TNK-BP Supply working at OJSC TNK-BP Management Branch “Regionalnyi Tsentr MTO” in the city of Buzuluk, Separate Structural Unit Nizhnevartovsk, Separate Structural Unit Nyagan, Separate Structural Unit Turtas, and Separate Structural Unit Kuibyshev.

As part of social partnership, TNK-BP once again sponsored Rubin Hockey Club in the city of Tyumen. The allocated funds will be used to purchase sports equipment, provide medical assistance to sportsmen, promote hockey among juniors and the general public, maintain the building of a boarding school, and modernize the premises.   

Employees of Private Security Company “Rus” and criminal investigation officers from the Nizhnevartovsk region arrested six people who attempted to haul road slabs off one of TNK-BP integrated gathering facilities.

TNK-BP’s Executive Director German Khan has held a meeting with staff at Kaluganefteprodukt during a trip to the Kaluga Region. Aleksandr Kurkin, Leader of the PU Centre, Andrey Shults, General Director of Kaluganefteprodukt, and other managers from the retail subsidiary also took part in the meeting.

The TNK Racing team keeps collecting wins in RTCC, the Russian closed-circuit motor race championship. This season round 3 took place in Krasnoyarsk on July 31 - August 1. The races at the "Krasnoe koltso" (Red Ring) motor race track proved to be yet another evidence of superiority of Mikhail Ukhov, the team captain, over his rivals. The pilot from Moscow who encountered the Siberian track for the first time steadily won both races in the Touring class.  Maxim Popov, the other pilot, got to the finish twice helping the TNK-Racing team secure 1st place in the team classification.

ROSPAN INTERNATIONAL, a subsidiary of TNK-BP, invested over 2.4 bln rubles in the development of the Suzunskoe, Tagulskoe and Russko-Rechenskoe fields during the first half of 2010. The Suzunskoe field is currently in pilot production and produced 531 tons of oil in the first six months of the year.

TNK-BP subsidiary Saratovnefteproduct is continuing series of promotions at its TNK-branded retail sites. On July 31^st (from 00:00 to 24:00) it will run its traditional Ruble Light event, in which each customer is given a discount of 1 ruble on each litre of fuel purchased.

TNK-BP’s subsidiary Orenburgneft invested 107.5 mln rubles in geological exploration in the Saratov Region during the first half of 2010.

TNK-BP transferred 2 mln rubles for repairing secondary school No.3 in the city of Novy Urengoi. These funds will be used for replacement of windows and doors and performance of construction and installation works in the framework of comprehensive measures for preparing school to the new academic year.

Buguruslanneft LLC has won in an open auction for the right to use subsurface mineral resources of the Ivanovskoe oil and gas field in the Krasnogvardeysky and Ponomarevsky districts of the Orenburg region. Today, the minutes of the tender committee meeting was signed.

In the first half of 2010, TNK-BP increased its investments into development and implementation of social programs by the company subsidiaries in the Saratov Region up to 44.95 mln rubles, which is 14% more than the volume of investments in January–June 2009. The social programs being implemented by TNK-BP subsidiaries include the voluntary health insurance program, non-state pension provision program, recreation and rehabilitation program, housing program, etc.

The investments made into environmental protection and industrial safety programs being implemented at the Saratov enterprises of TNK-BP (OJSC Saratov Oil Refinery and OJSC Saratovnefteproduct) in the first six months of 2010 exceeded 265 mln rubles, which is 18% more than the investments made in the same period of 2009 (equal to 224 mln rubles).

OJSC Saratov Oil Refinery management has received the International Best Taxpayer of the Year winner certificate in Moscow. The award was established by the Foundation for Promoting Entrepreneurship in 2008. The competition is organized under the auspices of the RF State Duma, the Council of Federation, the Accounting Chamber, the Ministry of Trade and Economic Development, the Council of Ministers of the Union State of Belarus and Russia, the Moscow State Duma, the Association of the Regional Banks of Russia, and the Russian Taxpayer Union.

JSC Raiffeisenbank and TNK-BP informed on completion of a joint project for installation of automated teller machines (ATM) at TNK service stations in Moscow and the Moscow Region. More than 40 ATMs were installed in TNK-Express self-service shops at TNK service stations of the new format.

The oil production of TNK-BP enterprises in Orenburg in H1 2010 exceeded 9.7 mln tons, which is 100.2% of the planned oil production volume and is 9.8% higher than in the same period of 2009.

An archeology project for schoolchildren entitled Ancient History of Saratov, supported by TNK-BP, has been completed in Saratov Region. Since last July, pupils have been honing their archeology skills and even managed to discover two new historical sites – Alena’s Kurgan and the Karaulka 2 hill. The funds donated by TNK-BP were spent on camping and archeological equipment, food etc.  

On July 14, at one of the TNK fuel stations in Kiev, a Seat Ibiza car was awarded to the winner in the first round of the “Go to Holidays in a New Car” campaign held by LLC Kerscher, TNK-BP’s sales subsidiary in Ukraine. Andrei Kotsuba, resident of the Motyzhin village in the Kiev Region, became the happy owner of a new car. Huub Stokman, General Director of JV LLC Kerscher handed the keys of a new Seat Ibiza to the winner in the presence of a notary.

During the first phase, for example, TNK-BP leaders attended course on ‘Decision Making’ by Professor Zeger de Grave and on the ‘Fundamentals of Project Management’ by Aleksandr Kutuzov. They also discussed benchmarking of major projects in the oil & gas sector with Mary Ellen Yarossi from IPA and met the Deputy General director of the Rosatom State Corporation Petr Schedrovitsky.

TNK-BP International Ltd. will host a global investor conference call and webcast to present its 1H 2010 operational and financial results. The call is scheduled for Tuesday 27 July, at 16:00 MSC / 13:00 LDN / 08:00 NY.

TNK-BP sold 159,000 tonnes of petroleum products through exchange auctions in June, representing 18.7% of its total domestic fuel sales. The company has thereby exceeded its exchange trading target by almost one quarter and beaten its May result by more than 2.5 times. 

The TNK Racing Team continues its triumphal procession through the stages of the RTCC Russian motor racing championship. The second weekend of the season, held on July 10—11 at the new Nizhegorodskoe Ring track in the city of Nizhniy Novgorod, once again demonstrated the dominance of team captain Mikhail Ukhov. The TNK Racing Team therefore remains the best team in Russia so far, having won all four races in the first two stages of the season.

TNK-BP has donated 2.5 million rubles to fund the Saratov regional neighborhood football tournament. This is the biggest tournament of its kind in Russia, involving at least 50,000 young footballers from Saratov and neighboring regions and the CIS (with a team from Kazakhstan taking part last year). The tournament’s zonal heats are currently underway, with the finals scheduled for late August – early September.