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October 22, 2003
Alfa Group Consortium

BP Forecasts Production Growth in the Russian Oil Company

BP is expected to surprise analysts tomorrow by its statement that it predicts a more successful growth rate, than forecasted for its Russian JV established earlier this year with TNK and resulting in Russia's third largest oil company. BP's CEO Lord Browne is also expected to announce TNK-BP's...

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October 10, 2003
Alfa Group Consortium

Alfa Capital signs senior US manager as Chief Investment Officer

Mr. Tennes, 50, comes to Alfa Capital from America's Rydex Global Advisors, a house managing over $9 billion in assets. Director of Portfolio, Member of the Investment Strategy Committee, and Senior Vice President at Rydex, Mr. Tennes developed and managed a series of successful new funds, as...

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October 10, 2003
Alfa Group Consortium

"TNK-BP fills Ukrainian pipe"

Russian oil workers start to export oil along the Ukrainian pipe Odessa - Brody. Last Friday, the Supervisory Council of Ukrtransnafty approved receiving on TNK-ВР credit 450,000 t of oil for the pipe technological filling. In July, in their letter to the Ukrainian Prime-minister Viktor...

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October 07, 2003
Alfa Group Consortium

ТNK-ВР invests $45 million in installation of viscosity breaking plant at Lisichansk NPZ in Ukraine

Refining of oil at Lisichansk NPZ will become more intense in result of implementing an investment project for introduction of a viscosity breaking plant with costs $45 million that was adopted by Chernomorsk bank for trade and development (CHBTR). This was reported on October 3 by TNK-BP...

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October 01, 2003
Alfa Group Consortium

TNK-BP within three months intends to finish preparation of the program on exchange of minority packages of the holding branches shareholders.

TNK-BP within three months intends to finish preparation of the program on exchange of minority packages of the holding branches shareholders. Viktor Vekselberg, TNK-BP chief executive on production, declared this at the conference organized by Brunswick UBS. As he said the philosophy of the...

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