Company News
Winners in the grant competition The Energy of Native Land-2022 selected by INK
Irkutsk Oil Company has announced the results of the fourth grant competition The Energy of Native Land-2022. Twelve projects of social importance will be implemented in the Ust-Kut, Kirensky, Katangsky and Nizhneilimsky districts.
INK first appeared on the ESG ranking by Expert magazine
Irkutsk Oil Company has been included in the sustainable development ranking compiled by the leading business paper Expert for the first time, coming 53rd among 100 Russian companies.
Marina Sedykh: Ust-Kut should become a stronghold of regional development
JSC INK-Capital General Director Marina Sedykh appeared at the regional council of the Irkutsk Region. The meeting chaired by the Governor of the Irkutsk Region Igor Kobzev was held on November 2 in Ust-Kut town.
“PRO North Youth” contest winners announced
JSC INK-Capital has identified the winners of the contest for the best projects for development of the North of the Irkutsk Region. Three winning projects were selected on the Youth Day of the sixth International Baikal Risk Forum (IBRF).
Environmental professionals visited Irkutsk Polymer Plant in Ust-Kut
Chairperson of the Irkutsk branch of the All-Russian Society of Nature Conservation Vera Shlyonova, head of Environmental awareness promotion department of the Federal State Institution “Baikal Conservation Area” Svetlana Dobrynina, and chairperson of the Irkutsk region branch of the Russian Geographical Society, chief scientific officer of the Geography Institute of the Siberian branch of the Russian Academy of Sciences Leonid Korytnyi came to see the Irkutsk Polymer Plant site (INK’s project).
Marina Sedykh: we are implementing our own methodology to achieve the sustainable development goals
JSC INK-Capital General Director Marina Sedykh appeared at the Saint Petersburg International Economic Forum (SPIEF-2022) as an expert in the Sustainable Development section. The head of the company shared INK’s experience in working towards SDGs at the session titled Sustainability Transformation: Global Challenges vs Global Problems.
INK to support a project by the Russian Geographical Society in Ust-Kut
Irkutsk Oil Company will provide a grant to a project by the Russian Geographical Society (RGS) implemented in Ust-Kut town.
Baikal Risk Forum-2022 to be held on September 12-16 in Irkutsk
The sixth International Baikal Risk Forum (IBRF) will be held on September 12-16 in Irkutsk. JSC INK-Capital is the host of the forum, and LLC Irkutsk Oil Company (INK) is the general partner. The forum will also be supported by the governor of the Irkutsk Region Igor Kobzev and the regional administration.
INK’s museum became an awardee in the countrywide contest
The corporate museum of Irkutsk Oil Company (INK) became a prizewinner in the fourth All-Russian Corporate Museums Contest.
Irkutsk Region ombudsperson: Irkutsk Polymer Plant means new jobs opportunities in Ust-Kut
Irkutsk Region ombudsperson Svetlana Semyonova had a working trip to Ust-Kut town on May 23-24. Having visited LLC Irkutsk Polymer Plant (a project implemented by Irkutsk Oil Company), the ombudsperson noted a special importance of the project to the local community and attracting young professionals.
Exhibition dedicated to oil production opened in Irkutsk with INK’s support
Molchanov-Sibirsky Irkutsk Regional Library is hosting the exhibition “Discovering Easter Siberian Salt and Oil” supported by Irkutsk Oil Company.
Stars on Baikal festival was hosted in Irkutsk with INK’s support
The 16th international festival Stars on Baikal was held in Irkutsk from April 29 to May 5, with Irkutsk Oil Company as the general partner.
Russian Supervisory Authority for Environment Protection (Rosprirodnadzor) Issued a Positive Review on INK Gas Fractionation Plant in Ust-Kut
The inter-regional department of Rosprirodnadzor for Irkutsk region and Baikal natural territory issued a positive review of the state ecological expert review for the facility "Ust-Kut Gas Fractionation Plant. Stage 2" (part of Ust-Kut Gas Processing Plant).
INK Held a Safety Forum with Contractors
Irkutsk Oil Company held a quarterly safety forum with representatives from contractors. The participants discussed innovations in the Labor Code of the Russian Federation and other regulatory documents in the field of occupational safety.
INK-Class school students visited Irkutsk Polymer Plant
A tour to the construction site of Irkutsk Polymer Plant (a project of the Irkutsk Oil Company) was given to more than 25 students of INK-Class.
Marina Sedykh: East Siberia is a great opportunity to build a career in the oil and gas industry
This message was announced by Marina Sedykh, General Director of JSC INK-Capital, within the framework of the 5th International Scientific and Practical Forum, "Oil Capital," in Surgut. Thanks to the launch of the gas chemical cluster, the region will need 2,000 specialists to work on a permanent basis.
Irkutsk Oil Company Has Drilled the Longest Horizontal Borehole in the Company's History
Irkutsk Oil Company has drilled the longest horizontal borehole of 2,065 meters. This is the longest horizontal section in the history of the company in 21 years.
Debut Bonds of JSC INK-Capital are Enlisted in the Sustainable Development Sector of the Moscow Stock Exchange
On December 30, 2021, the Moscow Exchange included the debut issue of the transition bonds of JSC INK-Capital (the holding company of OOO Irkutsk Oil Company) in the segment of national and adaptation projects of the sustainable development sector. Thus, the first adaptation bonds in the history of the Russian stock market also became the first to be included in the relevant segment of the exchange.
JSC ‘INK-Capital’ issued its first bonds – also the first adaptation bonds issue in Russia
JSC INK-Capital (the holding company of INK) placed its adaptation bonds on the Moscow Stock Exchange on December 17, 2021. The INK-Capital’s adaptation bonds are the first in the Russian stock market history. The issuance is regulated by the Resolution of the Government of the RF #1578 dated September 21, 2021. The funds raised will be used to partially reimburse the costs of the associated gas re-injection (the cycling process) project, which has been underway since 2010. The implementation of this project has resulted in the reduction of greenhouse gas emissions.
Irkutsk Oil Company creates The Executive Board
The Executive Board was established since July 01, 2021. The General Shareholders’ Meeting of INK took the decision about establishing the executive body.
Yakov Ginzburg appointed CEO of the Irkutsk Oil Company
Yakov Ginzburg has been appointed as CEO of the Irkutsk Oil Company, a promotion from his previous position as Deputy CEO for Economics and Finance. The decision to appoint Mr. Ginzburg was taken at the Irkutsk Oil Company’s General Meeting.
OOO “Irkutsk Oil Company” co-owner Marina Sedykh to step away from day-to-day management in order to focus on sustainability strategy
Marina Sedykh, co-owner and CEO of OOO “Irkutsk Oil Company”, at the helm of the company since 2000, is stepping away from day-to-day operations at the main manufacturing company. She will now concentrate on implementing the group’s sustainability strategy, including occupational health and safety, environment and social policy.
10th anniversary of partnership between INK and JOGMEC - from Moscow to Ichyodinsky
Irkutsk Oil Company and Japan Oil, Gas and Metals National Corporation (JOGMEC) celebrated the anniversary of cooperation in Moscow and at production facilities of the company in Irkutsk region. The grand ceremony dedicated to the history and future of the project was held in Moscow, and only a few days later, delegations of both companies went on a working trip to Ichyodinsky and Yaraktinsky fields.
Irkutsk Oil Company Signed Framework Agreement with JOGMEC
Limited liability company «Irkutsk Oil Company» («INK» LLC) and Japan Oil, Gas and Metals National Corporation (JOGMEC) signed Framework Agreement on the 7 of September in Vladivostok at venue of Eastern Economic Forum. The document established fundamental terms of partnership between the parties on their new joint project.
Heads of Agreement signed between Irkutsk Oil Company and JOGMEC on new joint exploration project
Irkutsk Oil Company and Japan Oil, Gas and Metals National Corporation (JOGMEC) signed Heads of Agreement on the new joint exploration project in East Siberia on April 27, 2017 in Moscow.
Irkutsk Oil Company Sponsors the Women’s World Bandy Competition
The women’s bandy competition (for women under the age of 17) will be held in 2017 through February 22-26th in Irkutsk and Shelekhov. The Irkutsk Oil Company contributed five million rubles to the competition this year. The company has sponsored the same bandy competition three years ago, but it was for men.
Two bronze compositions, dedicated to workers of INK, were erected at the entrance of the INK headquarters.
The opening ceremony, accompanying the raising of the bronze sculptures, took place on November 26th, at the entrance of the INK headquarters. The statues were dedicated in honour of the company’s 15th anniversary, and the 10th anniversary of its subsidiary, “INK-Service”.
INK Increases Its Volume of Drilling
In 2014, Irkutsk Oil Company plans to expand its total volume of drilling in all fields and licensed areas by an increased 70% over the last year’s measurements, resulting in a volume of up to 300 thousand meters per year. Of the 300 thousand meters, almost 90% of it, equivalent to about 267 thousand meters, will be accomplished by CJSC “INK-Service”, the in-house drilling company.
