Don't Get Overheated on Prospects of a New Cold War
Pat Davis Szymczak
If you aspire to be a great writer and you have a great editor, you both know to keep clichŒ out of your narratives. So please, hit the "delete" key when those voices in your head urge you to type the phrase "New Cold War" in...
Lukoil and China National Petroleum strike a deal for oil and gas production
Lukoil, the largest oil producer in Russia, and China National Petroleum will cooperate on oil and natural gas production abroad and supplying hydrocarbons to China.
Weatherford Signs Agreement with Kosmos-Neft-Gas
Weatherford International Ltd’s (NYSE: WFT) Russian operations and Kosmos-Neft-Gas recently signed a joint manufacturing and technology agreement to manufacture well control and automation control panels for Gazprom’s growing production optimization needs in Russia.
Nord Stream re-routes Pipeline north of Bornholm
Nord Stream has decided to re-route the pipeline to run north - rather than south - of the Danish island of Bornholm.
Russian Min Lists 97 Resources Fields for Prelim Exploration
Russia's Ministry of Natural Resources said it had earmarked 97 mineral resources fields in western and eastern Siberia to be offered for preliminary exploration.
Lukoil Admits Cutting Supplies to Germany
Russia's second largest oil producer, Lukoil, admitted on Friday it had reduced oil supplies through the Druzhba pipeline to Germany by around a third in July and August.
Total to Receive 25% of Shtokman Gas
France's Total will receive 25 pct of the output from the first stage of the Shtokman offshore natural gas project it operates together with OAO Gazprom in the Barents Sea, sources told Kommersant.
Gazprom Eyes More Price Hikes
Russian gas monopoly Gazprom is set to start negotiations with the Baltic countries, as well as with Ukraine and Belarus regarding new gas price increases expected to come into effect in 2008 bringing them closer to what Western European countries pay for Russian gas.
Gazprom Pushes Exxon on Gas Sales
YUZHNO-SAKHALINSK -- Gas export monopoly Gazprom said Tuesday it needed gas from ExxonMobil's Sakhalin-1 project for domestic use, mounting pressure on the U.S. major to drop plans to export gas to China, reports The Moscow Times.
Rosneft Improves Export Logistics Infrastructure
Rosneft’s dynamic development and growth, which has been demonstrated lately, proves the thesis about the increasing role of national oil companies in the global energy market.
Gazprom Eyes US LNG Market
Gazprom could soon become a key LNG supplier to the US as it is reportedly considering an offer from BP to gain control over a stake in its Atlantic LNG project based in Trinidad and Tobago, a major LNG supplier to the US.