Oil and Gas Industry Latest News

21.03.2011 Kyrgyzstan Ready to Sell Gas Company to Russia's Gazprom

Kyrgzystan is ready to sell a 75 percent stake in its national gas company to Russia's Gazprom, Kyrgyz Prime Minister Almazbek Atambayev was quoted as saying Friday.

21.03.2011 Wintershall to Acquire Stake in Offshore Segment of South Stream Pipeline

Aleksey Miller, the chairman of the OAO Gazprom Management Committee, and Dr.

21.03.2011 Putin Launches Gas Distribution Station on Sakhalin

Russian Prime Minister Vladimir Putin participated in the launch of the Dalneye gas distribution station near South-Sakhalin on Saturday. The station will supply raw material for the city's thermal heating station number 1, Vzglyad reported.

08.02.2011 Oil Tycoon Reported to Buy Port of Murmansk

Russian oil tycoon Gennady Timchenko is reported to have sealed a deal on the acquisition of the Port of Murmansk, the fourth biggest in Russia and a key asset in the development of the country's Arctic.

26.01.2011 Putin Halves Gas Prices for Kamchatka

The Russian government has established a special price for gas for consumers in Kamchatka Territory of 4,500 roubles per 1,000 cubic meters, Russian Prime Minister Vladimir Putin said.

That less than half the price in 2010.

30.12.2010 Putin to Inspect Allegations of Transneft Fraud

Accusations of improper management made by Transneft minority shareholder Alksey Navalniy will be investigated, Russian Prime Minister Vladimir Putin said.

24.11.2010 Germany's E.ON May Sell Stake in Russia's Gazprom

Russian Prime Minister Vladimir Putin may discuss E.ON Ruhrgas's possible sale of a 3.5 percent stake in Gazprom with German Chancellor Angela Merkel on Friday, his spokesman said.

22.11.2010 Russia Not Planning Changes in Terms of Oil Supplies to European market - Putin

Interfax citing Mr Vladimir Putin Russian Prime Minister of Russia as saying that, Russia does not plan any changes in terms and conditions of oil supplies to European countries.

04.11.2010 Qatar, Russia Eye Joint Gas Projects

The emir of Qatar met Russian Prime Minister Vladimir Putin on Tuesday to discuss cooperation in the gas industry, with joint gas production projects on the table.

12.10.2010 Russian Finance Ministry Supports Tax Breaks For Yamal Gas

The Russian Finance Ministry has supported zero-rating the subsoil production tax for gas fields operating on the Yamal peninsula for gas that will be used to produce LNG, RIA-Novosti reports citing Deputy Finance Minister Sergey Shatalov.