BNET Industries
- Private
- RU
Dow Jones Description
Oil & Gas Production Services
Interim Chief Executive Officer & Chief Operating Officer
Tim SummersPeer Companies
NAICS Code Petroleum Refineries: 324110
Recent Events
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Fridman to Continue Leading TNK-BP
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UPDATE: TNK-BP Makes Favorite Candidate Maxim Barsky New CEO
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UPDATE 1-TNK-BP CEO-elect named, Fridman to stay until 2011
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UPDATE 1-Fridman says likely to step down as TNK-BP head
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TNK-BP's Q3 profit up 34 pct from Q2
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Russia's TNK-BP picks BP Azerbaijan head as COO
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Lower Oil Prices Hurt BP Profits
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TNK-BP Strengthens Team with 3 Senior Appointments
News & Analysis
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tnk-bp and us market - All News and Analysis
The Elimination of the Consequences of Bad Behavior Continues
The Unknown Professor submits: From today's Wall Street Journal: Citigroup Inc. announced Tuesday a new program aimed at addressing the latest challenge facing the mortgage industry: unemployed homeowners. by Unknown Professor
Nationalization, By Any Other Name
Katy Delay submits: The word "nationalization" has put fear and trembling into the American marketplace, and understandably so. It rings of socialism, of the European model, of the Third-Way progressive compromise. It's the death knell of the American form of free-market capitalism that is the foundational pillar beneath our...
Treasury's Bank Plan: Oh, How It's Flawed
Peter Morici submits: Timothy Geithner continues to destroy bank equity with a misguided TARP and vaguely-defined Financial Stability Plan. He seeming doesn’t grasp that he can’t stop a tub with a two inch drain from losing its water with a one inch stopper. Roughly, the United States...
CitiTARP: Worst Convert Ever
The arithmetic on Treasury’s conversion of the TARP Preferred Stock investment into Citi’s C common is troubling. Last Friday Treasury agreed to convert $25 Billion of the TARP Pref for 36% of the common of Citi. The problem is that as of the close of business on Friday 36%...
Why Citi Common Shares Crashed, and Why Common Preferred May Be Problematic Too
Tyler Durden submits: (Please read update 4 for very important additional information) The Volkswagen bandwagon idea de jour was a capital structure arbitrage in Citi C preferred paired with shorting Citi common. As the government's term sheet proposed the conversion of Citi preferred stock into common at a...
Morning Cheer: Now You Own Citi - And the Economy Is Worse Than You Thought
Tom Lindmark submits: I wonder sometimes if we would be better off without the Internet, CNBC and all the other instant news sources that pound the latest bad news into our consciousness almost as it happens. Maybe all of this was easier to cope with during the Depression when it...
Why Citi's Failure Costs More than Saving It Does
Chad Brand submits: Why has the government injected $45 billion into Citigroup C rather than simply let it fail? Believe it or not, because of how much it might cost the taxpayer to do so. I know that might sound backwards, but consider the largest bank failure so far,...
Can the Economy Recover in the Midst of a Consumer Confidence Crisis?
J Clinton Hill submits: Citigroup C announced plans to use $36.5bn of the $45bn in TARP funds it received for the purpose of lending in the following areas: $25bn in mortgages; $5.8bn for credit card loans; $2.5bn for consumer loans; $1.5bn for corporate loans; and $1bn for student loans. ...
Connecticut's Method of Eliminating Unemployment
Bill Zielinski submits: The State of Connecticut has discovered a method of preventing job layoffs. Blumenthal Wants Connecticut Regulators To Block AT&T Job Cuts - The Hartford Courant by Bill Zielinski
Why it Matters That a Saudi Prince was Burned By Citigroup
Kirk Shinkle submits: The fate of oil-rich billionaires doesn't often elicit much sympathy among everyday investors but the waning fortunes of foreign buyers of U.S. assets are worth watching closely. That's because foreign demand for American assets is waning as problems at U.S. banks continue to tarnish America's long history...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Tim Summers | Interim Chief Executive Officer & Chief Operating Officer |
| Anthony Considine | Executive Vice President, Marketing & Sales & Refining |
| Boris Kondrashov | Executive Vice President, Security |
| David B. Cook | Executive Vice President, Planning & Performance Management |
| Feliks Lyubashevsky | Executive Vice President, Oilfield Services & Supply Chain |
| Francis Sommer | Executive Vice President, Technology |
| Igor Maidannik | Executive Vice President, Legal Support |
| Igor N. Dibtsev | Executive Vice President, Upstream |
| Kris Sliger | Executive Vice President, Strategy & New Product Development |
| Simon Bennet | Executive Vice President, Business Support |
| Alexander Berezikov | Vice President, Marketing, Supplies & Trading |
| Victor F. Vekselberg | Executive Director, Gas Development |
| Edward C. Cazier | Geology Manager |
| Igor Falaleev | Manager, Investor Relations |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Mikhail Fridman | Chairman |
| Alexander M. Knaster | Board of Directors |
| Jean-Luc Vermeulen | Board of Directors |
| Len Blavatnik | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| TNK-BP Ltd. | Interim Chief Executive Officer & Chief Operating Officer | Current |
| Organization | Position | Status |
|---|---|---|
| TNK-BP Ltd. | Executive Vice President, Marketing & Sales & Refining | Current |
| Organization | Position | Status |
|---|---|---|
| TNK-BP Ltd. | Executive Vice President, Security | Current |
| Organization | Position | Status |
|---|---|---|
| TNK-BP Ltd. | Executive Vice President, Planning & Performance Management | Current |
| Organization | Position | Status |
|---|---|---|
| TNK-BP Ltd. | Executive Vice President, Oilfield Services & Supply Chain | Current |
| Organization | Position | Status |
|---|---|---|
| TNK-BP Ltd. | Executive Vice President, Technology | Current |
| TNK-BP Ltd. | Vice President, Technology | Former |
| Organization | Position | Status |
|---|---|---|
| TNK-BP Ltd. | Executive Vice President, Legal Support | Current |
| Organization | Position | Status |
|---|---|---|
| TNK-BP Ltd. | Executive Vice President, Upstream | Current |
| Organization | Position | Status |
|---|---|---|
| TNK-BP Ltd. | Executive Vice President, Strategy & New Product Development | Current |
| Organization | Position | Status |
|---|---|---|
| TNK-BP Ltd. | Executive Vice President, Business Support | Current |
| Organization | Position | Status |
|---|---|---|
| TNK-BP Ltd. | Vice President, Marketing, Supplies & Trading | Current |
| Organization | Position | Status |
|---|---|---|
| TNK-BP Ltd. | Executive Director, Gas Development | Current |
Ed Cazier credits Amigos de las Americas with rescuing him from a dissolute life spent surfing off southern California, and redirecting him to a meaningful career spent living and working around the world. Ed learned about AMIGOS from a high school Spanish teacher in Los Angeles, and worked two summers as a Volunteer in Honduras (1976) and Ecuador (1977). During 1978, he was a route leader in the inaugural water well drilling project on the Caribbean coast of Honduras, and returned the following summer as Assistant Project Director. In 1981, Ed was the Project Director of the first AMIGOS project in Panama. He was elected to the Board of Directors in 2003. Cazier graduated from Colgate University in Hamilton, New York in 1981, with degrees in Geology and French Literature. This was followed by a master's degree in Geology from the University of Texas at Austin in 1984, and a mid-life MBA from Rice University in 2002. Since 1984, Ed has worked for BP in a series of technical and managerial roles in Alaska, Texas, Colombia and Venezuela. At present, Cazier is a Geology Manager for TNK-BP in Moscow, Russia, where he directs oil and gas field development projects in Western Siberia. While in AMIGOS, Ed met, and, in spite of strict adherence to the AMIGOS code of conduct, later married, Suky Umana Cazier, of La Ceiba, Honduras. They recently celebrated their 20th anniversary. They have two high-school age children: Maria Isabella and Brendan, both of whom wish to follow as nomadic a life as their parents.
| Organization | Position | Status |
|---|---|---|
| TNK-BP Ltd. | Geology Manager | Current |
| Amigos De Las Americas | Board of Directors | Current |
| Amigos De Las Americas | Commercial Advisor, Bp America, Inc. | Former |
| Ecuador.Com | Volunteer | Former |
| Rice University | Mba | Former |
| The University of Texas at Austin | Master's Degree In Geology | Former |
| Colgate University | Degrees In Geology and French Literature | Former |
| Organization | Position | Status |
|---|---|---|
| TNK-BP Ltd. | Manager, Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Alfa Group Consortium | Principal Founder | Current |
| Alfa Group Consortium | Chairman, Supervisory Board | Current |
| TNK-BP Ltd. | Chairman | Current |
| VimpelCom Group | Board of Directors | Current |
| X5 Retail Group N.V. | Board of Directors | Current |
| International Advisory Board | Member | Current |
| British Petroleum | Board of Directors | Former |
Alex was elected to the Nabors Board in 2004. He is Chairman and CEO of Pamplona Capital Management. Prior to founding Pamplona, Mr. Knaster served as CEO of Alfa Bank from 1998 until 2004 and as General Director of Sidanco from 2002 until 2003. Mr. Knaster has served as President and CEO of Credit Suisse First Boston (Russia and CIS) from 1995 until 1998. From 1993 until 1995, he worked as Managing Director at Bankers Trust Company. From 1985 until 1993, Mr. Knaster worked in various capacities at Simmons and Company International. Mr. Knaster is currently a director of TNK-BP and of several Alfa Group companies. Mr. Knaster served as a Director of Golden Telecom Inc. (NASDAQ) from 1999 until 2001. Mr. Knaster is a Chartered Financial Analyst.
| Organization | Position | Status |
|---|---|---|
| TNK-BP Ltd. | Board of Directors | Current |
| Alfa Capital Markets, Inc. | CEO | Former |
| Simmons & Company International | NA | Former |
| Schlumberger Limited | Engineer | Former |
| Pamplona Capital Management Llp. | CEO | Former |
| Pamplona Capital Management Llp. | Chairman | Former |
| Golden Telecom, Inc. | Director | Former |
| Bankers Trust Company Inc. | Board of Directors | Former |
| Nabors Industries, Inc. | Board of Directors | Former |
| Carnegie Mellon University | BS In Electrical Engineering and Mathematics | Former |
| Organization | Position | Status |
|---|---|---|
| Majus | Co-Founder | Current |
| Rsk (Uk) Limited | Senior Advisor | Current |
| Majus | Chairman | Current |
| TNK-BP Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| New York Academy of Sciences | President's Council Member | Current |
| Access Industries, Inc. | Founder & President | Current |
| LyondellBasell Industries | Board of Directors | Current |
| TNK-BP Ltd. | Board of Directors | Current |
| United Company Rusal | Board of Directors | Current |
| Woodrow Wilson Center | Vice Chairman, The Kennan Council | Current |
| 92nd Street Y | Board of Directors | Current |
| White Nights Foundation of America | Board of Directors | Current |
| Center for Jewish History | Board of Directors | Current |
| Columbia University | Master's Degree | Former |
| Harvard Business School | M.B.A. | Former |
Executive News
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TNK-BP Launches Production at Kamennoye's No...
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TNK-BP Launches Production at Kamennoyes Northern Hub in Western Siberia
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Weatherford Agrees to Acquire TNK-BP Oil Field Services
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Weatherford Agrees to Acquire TNK-BP Oil Field Services
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Weatherford Agrees to Acquire TNK-BP Oil Field Services
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A Russian Takes Reins at BP Venture
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BP gives ground over preferred TNK-BP chief
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BRIEF-TNK-BP picks two candidates for CEO race
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TNK-BP considers two candidates for chief's role
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TNK-BP CEO Search Edges Ahead
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BP Back on Collision Course over TNK
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TNK-BP to consider two candidates for CEO
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UPDATE 2-Rival candidates vie to run Russian oil firm TNK-BP
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UPDATE 2-Rival candidates vie to run Russian oil firm TNK-BP
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Russia TNK-BP to mull two candidates for CEO-source
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BP Nominates Head for Russian Venture
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Former Soviet diplomat nominated to lead TNK-BP out of damaging row
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TNK-BP CEO Search Intensifies
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Former Soviet diplomat offered as TNK-BP head
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UPDATE 2-BP nominates Pavel Skitovich for TNK-BP CEO
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