Gazprom Boosts Acquisition Spending, Cuts Field Investment
Russian gas monopoly Gazprom decided to enhance its investment program for 2007 announcing Friday a 47% increase in investment bringing it up to RUR 779 ($30.6 billion) billion in a move approved by the world’s largest natural gas producer’s board of directors.
Putin's Presidency: Preparing for an intermission
The appointment of a person with the profile of Viktor Zubkov to the role of Prime Minister is entirely consistent with the view that President Putin will not only remain the dominant player during the next presidency, but that it is highly probable he will return as Russia's fourth President for a further eight years. It is also entirely possible that this could occur well before the scheduled election date in 2012.
TNK-BP's Oil and Gas Output Will Be Flat Through 2009
TNK-BP Holding expects its oil and gas production to be flat through 2009, the Russian joint-venture's chief executive Robert Dudley said, blaming the time it will take to offset declining output at older fields.
Gazprom Ceded to Turkmenistan in Gas Talks
Turkmenistan and Gazprom signed a Supplementary Contract on natural gas supply from Turkmenistan, which increase the price for gas
Weatherford Acquires Aquatic Company in Russia
Acquisition augments the Company’s drilling technology expertise and Russian engineering infrastructure
Last Call for Papers for SPE 2008 ROG Technical Conference & Exhibition
Deadline for papers to be presented at SPE 2008 Russian Oil and Gas Technical Conference & Exhibition is extended to February 7, 2008. Submit a paper here
Neftemashvnedrenie Affiliates with Weatherford Group
Weatherford International Ltd announced about the affiliation to the Weatherford group of companies of Neftemashvnedrenie
Varandey Oil Terminal Brings Increased Activity in Barents Sea
The Varandey oil terminal on the coast of the Barents Sea will be opened in June this year, Lukoil confirms.
Surgutneftegaz Warns of Oil Production Fall Due toTaxes
Surgutneftegaz may loose a third of production long term if the government does not alleviate its tax burden, the company's CEO said
