http://www.neurope.eu Oil and Gas - New Europe News: The European News Source. en-us Copyright The Media Company S.A. info@neurope.eu (New Europe) kgougakis@neurope.eu (Kostas Gougakis) Thu, 18 Dec 2008 09:00:00 +0200 Thu, 18 Dec 2008 09:00:00 +0200 New Europe New Europe 5 http://www.neurope.eu/images/logo.jpg http://www.neurope.eu 100 35 http://www.neurope.eu/articles/99150.php 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 the two companies concluded at the end of 2009 that further exploration at the... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/99150.php Sun, 21 Feb 2010 19:58:00 +0200 http://www.neurope.eu/articles/97809.php Having visited Washington and New York a couple of times in the last months Rumiana Jeleva Bulgariarsquo;s Foreign Minister and now Europersquo;s potential European Commission Commissioner for International Cooperation Humanitarian Aid and Crisis Response spoke to New Europe about the shifting geopolitics of gas and the South East Europe region. ldquo;Of... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/97809.php Sun, 29 Nov 2009 01:07:00 +0200 http://www.neurope.eu/articles/95556.php 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 and Moscow that the EU and Russia are becoming too dependent on Ankara. Turkey is sitting... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/95556.php Sun, 23 Aug 2009 22:18:00 +0300 http://www.neurope.eu/articles/95117.php 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 dollars. The Accounts Committee presented to the Senate the findings of an audit conducted at... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/95117.php Sun, 28 Jun 2009 23:02:00 +0300 http://www.neurope.eu/articles/94933.php 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 existing oil routes Christos Dimas general manager of the joint venture Helpe SA ndash; Thraki... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94933.php Sun, 21 Jun 2009 22:37:00 +0300 http://www.neurope.eu/articles/94569.php 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. ldquo;We have been waiting for a relapse to begin with. Even when the original deal was done back... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94569.php Sun, 31 May 2009 00:55:00 +0300 http://www.neurope.eu/articles/94256.php 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 of the Russian National Energy Security Fund told New Europe. ldquo;Nord Stream is an example of... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94256.php Tue, 26 May 2009 12:54:00 +0300 http://www.neurope.eu/articles/94220.php The Kazakhstan government has set a course to eliminate discrimination when dealing with domestic manufacturers. However the lionrsquo;s share of investment into the republicrsquo;s oil projects continues to flow to foreign producers. Kazakhstanrsquo;s oil industry today is compared to a locomotive that should haul all the other sectors of economy... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94220.php Mon, 18 May 2009 15:49:00 +0300 http://www.neurope.eu/articles/94132.php Russia and Bulgaria appeared to bo thridge differences over Sofiarsquo;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 and his Russian counterpart Vladimir Putin agreed on a deal for South Stream construction. ldquo;We... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94132.php Tue, 05 May 2009 13:07:00 +0300 http://www.neurope.eu/articles/94130.php 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 told a news conference after the Sofia Energy Summit on April 25. ldquo;Nabucco is important... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94130.php Tue, 05 May 2009 13:02:00 +0300 http://www.neurope.eu/articles/94127.php 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 pointed out that the developers of the gas pipeline have only researched the seabed under... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94127.php Tue, 05 May 2009 12:43:00 +0300 http://www.neurope.eu/articles/94125.php 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 on April 29 pledging cooperation on energy. Tymoshenko offered her thanks to Putin for taking the... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94125.php Mon, 04 May 2009 13:24:00 +0300 http://www.neurope.eu/articles/94083.php 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 Ukrainersquo;s gas transportation system Russiarsquo;s Energy Minister Sergey Shmatko said in Sofia responding to a question from New Europe. ldquo;Now we are preparing an... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94083.php Sun, 26 Apr 2009 21:23:00 +0300 http://www.neurope.eu/articles/94077.php 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 Petrochemical Plant PPP or the Pavlodar refinery - has remained untouched. KazMunaiGaz and CNPC Exploration... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94077.php Mon, 20 Apr 2009 20:57:00 +0300 http://www.neurope.eu/articles/94023.php 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 project will secure a stable gas supply to Georgia and increase its role as a... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94023.php Mon, 20 Apr 2009 20:53:00 +0300 http://www.neurope.eu/articles/94022.php 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 ldquo;after a flurry of downward adjustments by both public and private forecasters rdquo; oil demand for... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94022.php Mon, 20 Apr 2009 20:51:00 +0300 http://www.neurope.eu/articles/94075.php 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 his Russian counterpart Igor Sechin signed government agreements in Beijing to finalise the deal. The... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94075.php Mon, 20 Apr 2009 20:44:00 +0300 http://www.neurope.eu/articles/94020.php German authorities fined two propane companies a total of 41.4 million Euro on April 15 for price-fixing saying they colluded to stop customers obtaining cheaper prices. Westfalen AG and Propan Rheingas GmbH amp; Co KG supply two thirds of the German market for liquefied petroleum gas LPG the Federal Cartel Office... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94020.php Mon, 20 Apr 2009 20:40:00 +0300 http://www.neurope.eu/articles/94019.php Russian Open Joint Stock Company OJSC Surgutneftegaz CEO Vyacheslav Nikiforov said on April 15 that his company expects its oil output to steady at 61 million tonnes this year after a decline in 2008. ldquo;This year the company plans to produce 61 million tonnes of oil. Investment in exploration will... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94019.php Mon, 20 Apr 2009 20:37:00 +0300 http://www.neurope.eu/articles/94018.php The Odessa-Brody oil pipeline in Ukraine should begin operating in its intended direction as soon as possible said Bohdan Sokolovskiy a top energy adviser to Ukrainian President Viktor Yushchenko for international questions of energy security Georgiarsquo;s The Financial reported. In August Yushchenko signed a measure to ensure the 419-mile Odessa-Brody pipeline... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94018.php Mon, 20 Apr 2009 20:31:00 +0300 http://www.neurope.eu/articles/94072.php Turkmen President Gurbanguly Berdimukhamedov on April 23 defended his country ldquo;sovereignrdquo; right to diversify gas export routes as the West seeks to loosen Moscowrsquo;s grip on the energy-rich Central Asian nation. At a conference on April 23-24 on the Reliable and Stable Transit of Energy and Its Role in Ensuring... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94072.php Mon, 20 Apr 2009 20:27:00 +0300 http://www.neurope.eu/articles/94071.php Greek Prime Minister Costas Karamanlis addressing the energy forum on the Natural Gas for Europe: Security and Partnership held in Sofia on April 24-25 said the Turkey- Greece-Italy pipeline is ldquo;a priority plan for the EU and a considerable means for further diversification rdquo; while expressing satisfaction over the start... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/94071.php Mon, 20 Apr 2009 20:26:00 +0300 http://www.neurope.eu/articles/93970.php The Jordanian government will sign a strategic partnership agreement at the end of April with British Petroleum and four affiliated companies for the development of the Risheh gas field near the Iraqi border Minister of Energy and Mineral Resources Khaldoun Quteishat said. The accord now in its final negotiation stage... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/93970.php Mon, 13 Apr 2009 13:39:00 +0300 http://www.neurope.eu/articles/93955.php A Russian oil company close to the Kremlin bought a 21.2 percent stake in Hungarys national energy company MOL plc sparking speculation that Russia was reasserting itself in Eastern Europe and trying to put up roadblocks for the Nabucco pipeline. Austrias leading oil and gas group OMV AG announced on March 30 it has ended... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/93955.php Mon, 06 Apr 2009 12:47:00 +0300 http://www.neurope.eu/articles/93577.php Russian Deputy Prime Minister Igor Sechin on March 15 proposed a list of measures to support world oil prices calling for lower output from producers as part of the plan. But although Sechin claimed Russia had played a part in helping the Organization of Petroleum Exporting Countries OPEC to cut... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/93577.php Mon, 23 Mar 2009 08:33:00 +0200 http://www.neurope.eu/articles/93571.php Despite efforts to the contrary European Union leaders in Brussels have given final approval to 200 million of investment in the controversial Nabucco project mentioning the gas pipeline by name. This is a victory for the European Commission which now hopes that these funds will be used to raise more... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/93571.php Mon, 23 Mar 2009 07:54:00 +0200 http://www.neurope.eu/articles/93553.php Kazakhstan has offered Indian companies a chance take part in the realisation of a project from the first gas chemical complex in Atyrau Indiarsquo;s State Minister of Industry Ashwani Kumar told New Europe in an interview during his visit along with delegation of leaders of several enterprises to Astana. ldquo;Yes... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/93553.php Mon, 16 Mar 2009 16:00:00 +0200 http://www.neurope.eu/articles/93213.php In an effort to support their biodiesel producers the European Union governments on March 3 voted to impose temporary antidumping and anti-subsidy tariffs on imports of US biodiesel. The vote follows repeated complaints from the European Biodiesel Board EBB over US subsidies for its domestic biodiesel producers news agencies reported.... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/93213.php Mon, 09 Mar 2009 13:42:00 +0200 http://www.neurope.eu/articles/93000.php Azerbaijan has the resources to increase natural gas exports to Europe but it all depends on the timely creation of an effective southern gas corridor from the Caspian region and transit agreements with Turkey Azerbaijanrsquo;s Minister for Industry and Energy Natig Aliyev told New Europe in an interview in Athens. ldquo;We... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/93000.php Mon, 23 Feb 2009 06:29:00 +0200 http://www.neurope.eu/articles/92646.php Washington has always looked at Kazakhstanrsquo;s rich hydrocarbon reserves as a potential source for US-backed pipeline projects in the region bypassing Russia. US Ambassador to Kazakhstan Richard E. Hoagland talked to New Europe correspondent Kulpash Konyrova in Astana about US President Barack Obamarsquo;s energy policy in the region the Russia-Ukraine... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/92646.php Mon, 16 Feb 2009 07:24:00 +0200 http://www.neurope.eu/articles/92600.php Finnish Foreign Minister Alexander Stubb speaking in the Latvian capital Riga on February 4 said the European Union might need the Nord Stream gas pipeline planned to run under the Baltic Sea from Russia to Germany. Speaking to reporters after a meeting with his Latvian counterpart Maris Riekstins Stubb said... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/92600.php Mon, 09 Feb 2009 13:48:00 +0200 http://www.neurope.eu/articles/92226.php The European Commission has proposed 250 million Euro for the planned Nabucco gas pipeline project a 3 300-kilometre pipeline linking Central Asia to Austria as part of its 3.5 billion Euro energy investment proposal unveiled on January 28. The energy investment proposal is pending approval of governments of EU-member states... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/92226.php Mon, 02 Feb 2009 11:30:00 +0200 http://www.neurope.eu/articles/92010.php The Moscow-planned South Stream pipeline which will run Russian gas under the Black Sea to the south-eastern Europe avoiding Ukraine was put forward in order to stop the construction of the EU-backed Nabucco project Sergiy Korsunskyi Ambassador of Ukraine to Turkey told New Europe on January 16 telephonically from Ankara. ldquo;South... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/92010.php Sat, 17 Jan 2009 20:00:00 +0200 http://www.neurope.eu/articles/92005.php Russian Prime Minister Vladimir Putin is coming to Berlin Germany today to attend the inauguration of the International Green Week the annual fair in Berlin a major meeting place for world farm-industry ministers and executives. During his visit Putin was set to use the occasion to hold talks with German Chancellor... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/92005.php Fri, 16 Jan 2009 09:00:00 +0200 http://www.neurope.eu/articles/91999.php The European Union showed first signs of failure of political negotiations as it hinted to the European companies to go ahead with legal actions against appropriate counterparts in Russia and Ukraine. nbsp; The Commission spokesman told journalists that Barroso called upon the European companies to go to courts as he called the... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/91999.php Wed, 14 Jan 2009 12:42:00 +0200 http://www.neurope.eu/articles/91998.php The European gas crisis has left everyone a little bit puzzled. It is exactly as we quoted it in this weekrsquo;s headline: Two sides two stories no gas! nbsp;Though I fully agree with the monitoring mission deployed I canrsquo;t for the life of me understand why I as a taxpayer have... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/91998.php Wed, 14 Jan 2009 12:00:00 +0200 http://www.neurope.eu/articles/91867.php The European Commission officials today Jan 13 in the afternoon failed to clarify the next course of action that it can take if the gas supplies do not arrive. Addressing journalists after the Commission meeting in Strasbourg where the European Parliament is in session the Commission spokesman said that the Difficulty... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/91867.php Tue, 13 Jan 2009 19:00:00 +0200 http://www.neurope.eu/articles/91866.php Citing the monitors on ground in Russia the European Commission officials told journalists today that no or little gas is flowing from Russia. The situation on the ground is difficult and the EU is working with both Russian and Ukrainian experts to find a solution the spokesman said. nbsp; EU energy spokesman... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/91866.php Tue, 13 Jan 2009 13:00:00 +0200 http://www.neurope.eu/articles/91849.php A record number of exploration oil wells were drilled 2008 on the Norwegian continental shelf in the wake of record high oil prices the Norwegian Petroleum Directorate said on January 8. Oil production from the Norwegian continental shelf is continuing to decline but 2008 oil production was almost four percent... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/91849.php Mon, 12 Jan 2009 09:00:00 +0200 http://www.neurope.eu/articles/91850.php Nord Stream AG and Nabucco Gas Pipeline International GmbHsaid their respective projects are urgently needed for the European Union. The crisis triggered by Russiarsquo;s natural gas dispute with Ukraine has brought efforts to build alternative pipelines to the forefront but the companies said that the projects were already moving forward. Nord... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/91850.php Mon, 12 Jan 2009 09:00:00 +0200 http://www.neurope.eu/articles/92002.php With no gas yet in the pipelines to Europe where the citizens are enduring sub-zero temperatures for days now the Conservative members of European Parliament added their voice calling for united action. Liberalised energy markets and an EU external energy policy based on intergovernmental cooperation arenbsp;all the more necessary today to... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/92002.php Mon, 12 Jan 2009 09:00:00 +0200 http://www.neurope.eu/articles/91802.php Hryhoriy Nemyria Vice Prime Minister of Ukraine was in Brussels on Thursday 9th January 2009 in an effort to solve the ongoing gas crisis which has left European countries 18 affected in a severe winter. As the crisis settled into its 9th day Nemyria talked to New Europe editor Alexandros... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/91802.php Fri, 09 Jan 2009 21:00:00 +0200 http://www.neurope.eu/articles/91801.php Konstantin Kosachev the head of the Russian Duma Foreign Affairs Committee was in Brussels on Thursday 8th January 2009 in an attempt to find a solution to the ongoing gas crisis which has left European countries without gas. As the crisis settled into its 8th day Kosachev talked to New... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/91801.php Thu, 08 Jan 2009 21:00:00 +0200 http://www.neurope.eu/articles/91223.php Eastern European nations began tapping their natural gas stockpiles on January 3 as the flow from Russia slacked off amid a dispute between Russia and Ukraine about pricing and shipment of gas. Ukrainian gas company officials said they were sending their own supplies of natural gas to neighbours to make up... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/91223.php Mon, 05 Jan 2009 09:00:00 +0200 http://www.neurope.eu/articles/91233.php At a time of world financial crisis and plunging prices for oil Kazakhstanrsquo;s oilmen are trying to cut costs by setting their priorities straight. But they expect a certain support from the government. Some analysts believe that the oil price will fall below USD 40 per barrel regardless of the... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/91233.php Mon, 05 Jan 2009 09:00:00 +0200 http://www.neurope.eu/articles/91234.php Serbian President Boris Tadic in Moscow inked a multimillion-dollar energy deal with his Russian counterpart Dmitry Medvedev on December 24. Under the deal Serbia will sell a controlling stake in its stateowned oil company Naftna Industrija Srbije NIS to Russian gas monopoly Gazprom in exchange for a share in a... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/91234.php Mon, 05 Jan 2009 09:00:00 +0200 http://www.neurope.eu/articles/91237.php A consortium that plans to build an underwater Baltic Sea gas pipeline from Russia to Germany was on December 30 granted extended permission to investigate the sea bed in the Finnish economic zone. The current permit was due to have expired on December 31 but the Finnish government extended it... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/91237.php Mon, 05 Jan 2009 09:00:00 +0200 http://www.neurope.eu/articles/91212.php The European Union has been watching the annual gas standoff between Russia and Ukraine like a bad soap opera on a loop. Europe has been on high alert for gas shortages since January 1 morning when Russian gas monopoly Gazprom shut off supplies to Ukraine in a dispute over contract... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/91212.php Sat, 03 Jan 2009 09:00:00 +0200 http://www.neurope.eu/articles/91174.php Limerick-based food supplier Pallas Foods has won a three-year deal worth around 24 million Euro to supply petrol and convenience to Irish owned store chain Topaz the companies said. nbsp; The deal will see Pallas Foods supply more than 100 Topaz deli outlets with fresh produce such as breads salads meats... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/91174.php Thu, 18 Dec 2008 09:00:00 +0200 http://www.neurope.eu/articles/91185.php Russian gas monopoly Gazprom is interested in the pipelines that cross the territory of Ukraine and may agree to sell gas to its Slavic neighbour at a lower price if Kiev allows the company to increase its influence on the transit network a Moscow-based Gazprom official told New Europe talking... info@neurope.eu (New Europe) Oil http://www.neurope.eu/articles/91185.php Thu, 18 Dec 2008 09:00:00 +0200