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Oil & Gas Energy News
BP, Rosneft give up on East Schmidt in Sakhalin-5 UK oil major BP and its Russian partner Rosneft have given up the license for the East Shmidt Block, in the Sakhalin-5 development area, news agencies reported.
After conducting more than 4,400 kilometers of seismic study, Bulgaria: US, Russia relations revisited via pipeline politics  Having visited Washington and New York a couple of times in the last months Rumiana Jeleva, Bulgaria’s Foreign Minister and now Europe’s potential European Commission Commissioner for International Cooperation, Humanitarian Aid and Crisis Response, spoke Turkey: The King of the Pipes  In less than a month, Turkey struck key energy deals with the European Union and Russia that will substantially increase its key role as a transit hub for oil and gas, fuelling concern in Brussels The Kazakhstan Oil Rush  Last week in Astana the members of the Kazakhstan parliament once again expressed their disappointment with foreign investors, preferring to bring in the republic shirts and aluminium trays with a price tag of several thousand Oil price hike helps Burgas-Alexandroupolis The Bourgas-Alexadroupolis oil pipeline will move forward regardless if oil prices rise or fall since the project is needed as an alternative for increased oil exports from Russia and the Caspian that will further burden Shell wraps up last major gas well on Sakhalin II  Royal Dutch Shell is completing the last major offshore gas well at the Lunskoye platform in Russia’s sub-Arctic Sea of Okhotsk preparing the way for full production capacity of liquefied natural gas (LNG) at Sakhalin Shell wraps up last major gas well on Sakhalin II  Royal Dutch Shell is completing the last major offshore gas well at the Lunskoye platform in Russia’s sub-Arctic Sea of Okhotsk preparing the way for full production capacity of liquefied natural gas (LNG) at Sakhalin Russia-Ukraine gas feud: something’s gotta give  Ever since the January Ukrainian-Russian gas agreements reached by Ukrainian Premier Yulia Tymoshenko and Russian counterpart Vladimir Putin in Moscow one-on-one, a second chapter fall-out of the European gas crisis has been imminent.
“We have been Nord Stream: A glimmer of hope in EU-Russia dark  As EU-Russian relations near an alltime low, the construction of the Nord Stream gas pipeline from Russia to Germany is the one positive example in cooperation between Europe and Russia, Konstantin Simonov, the general director Kazakh companies shut out of oil project boom The Kazakhstan government has set a course to eliminate discrimination when dealing with domestic manufacturers. However, the lion’s share of investment into the republic’s oil projects continues to flow to foreign producers. Kazakhstan’s oil industry Russia, Bulgaria deal for South Stream seen in May  Russia and Bulgaria appeared to bo thridge differences over Sofia’s participation in a Moscow-backed pipeline project to bring gas to Europe and plan to sign a final deal in May. Bulgarian Prime Minister Sergei Stanishev US reiterates support for Nabucco Washington supports the Nabucco gas pipeline, but it is just one project and not the only answer to energy security, Ambassador Richard L. Morningstar, Special Envoy for Eurasian Energy of Secretary of State Hillary Clinton, Nord Stream faces more obstacles Estonian researchers challenged the thoroughness of an environmental survey in the Gulf of Finland for the Nord Stream natural gas pipeline. A member of the Nature Conservation Committee of the Academy of Sciences, Ivar Puura, Russia-Ukraine gas crisis? What crisis?  Russian energy monopoly Gazprom agreed to waive fines on Ukraine for its failure to meet its obligated gas purchases under its current contract. Ukrainian Prime Minister Yulia Tymoshenko met with her Russian counterpart Vladimir Putin Moscow faces no limits in upgrading Ukraine’s gas network, says Russian energy minister  Russia and Ukraine are currently preparing an intergovernmental agreement in the gas sector and have reached an agreement that Russian companies will participate in the upgrading of Ukraine’s gas transportation system, Russia’s Energy Minister Sergey Mystery of Kazakhstan’s bigest private oil producer In the purchase by Kazakh national company KazMunaiGas (KMG) and China National Petroleum Corporation CNPC of 100 percent stock of the largest private oil producing company Mangistaumunaigas (MMG,) the most desired asset - the Pavlodar Georgia inks White Stream pipeline MOU Georgian Energy Minister Alexander Khetaguri and White Stream Pipeline Company Limited Chairman Roberto Pirani signed a cooperation memorandum on April 3 for the planned White Stream pipeline under the Black Sea to Europe. Involvement in IEA downgrades again Worse-than-expected prospects for the world economy has prompted the International Energy Agency (IEA) to again revise downward global oil demand for 2009. In its Monthly Oil Report, issued in Paris, the IEA said that “after Moscow, Beijing seal oil-for-loan deal China and Russia on April 21 signed an oil cooperation deal involving the supply of Russia oil in return for record loan of USD 25 billion from China. Chinese Vice Prime Minister Wang Qishan and Kazakhstan, China plan Caspian shelf agreements, says ambassador  Kazakhstan and China are expected to sign a number of important agreements on new joint oil and gas projects, including at the Caspian shelf, during the forthcoming official visit of Nursultan Nazarbayev to Beijing in |
A few years ago, the European Commission selected the company Hudson/DeWitte & Morel to organize an Assessment Centre for Senior The former leader of the European Tories Conservative party was ejected from after defeating the As Bart Staes, a Member of the European Parliament (MEP) from Belgium and the Group EADS learns the US fix was in for Boeing Greek Lessons for Europe Nuclear disarmament needs stronger leaders EU’s Arctic Policy skating on thin ice About interest rates and public interest Morocco needs tougher talk, sweeter carrots Without homeland, Blair says no hope for Palestinians, peace Reluctant EU tailors tough bail-out deal for near-bankrupt Greece Clear and Present Danger: Bosnia and Herzegovina’s Surplus Arms and Ammunition Yes to the European Monetary Fund Banks can create and destroy -... Banks can create money. This time-cherished truth opened the way to the last credit crisis, which still threatens the world Down with the bankers, loan sharks... Europeans have rightfully blamed greedy American bankers whose blood lust for money caused the worldwide recession that put scores of EU says ok to Greek deficit... After the European Union once again delayed any decision on whether to bail out Greece as the country struggles to Farage To Belgium: "I'm Sorry"... Speaking to New Europe ahead of his meeting with Parliament President, Jerzy Buzek, the unrepentant EFD Leader spoke about being Spanish Presidency plan for electric... Spanish Prime Minister Jose Luis Rodriguez Zapatero, whose country holds the rotating European Union presidency, has pledged to present a World unites in Haiti aid effort:... With the whole world watching, as Haiti tries to recover from the 7-richter earthquake that has reportedly killed 50,000, a Although the European Parliament dealt a surprise defeat to an EU-US deal that would have allowed American investigators to look US President Barack Obama on 16 February announced $8 billion worth of loan guarantees to In what is gearing up to be the event of the Defense calendar 2010, UK Even if you’re on the right track, you’ll get run over if you just sit The Baltic states of Latvia and Lithuania said on 24 February that they remained to be convinced that the sale Military forces from Russia and Ukraine will resume a naval exercise last held seven years On a visit to New Delhi to visit political and business leaders, Russian Prime Minister Russian oligarch Boris Berezovsky on 10 March won libel damages of GBP 150,000 ($223,000) after Will China redefine great power politics?
China is presenting its ascent not as a power shift, but as a paradigm shift. The worldwide economic recession has had European Union businesses keenly eyeing China for continuing markets, Showing there is still some major differences between the European Union and China in areas |
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