Russian Gazprom seeks investment in Yemen’s gas, oil

Friday, February 26th, 2010

Russian Gazprom company is to hold talks in the coming few days with Yemeni officials on investing in oil and gas areas in the country. Russian Gazprom company project officer ...


Gazprom’s third quarter net income rise

Monday, February 1st, 2010

Gazprom saw its third quarter net income rise by 33% year-on-year due to a weaker ruble and an increase in domestic gas prices, the company said. Net income rose to R174.6bn ...


Effects of global warming on Russian Oil and Gas

Tuesday, November 24th, 2009

Russian oil and gas companies are spending several billions to repair the damages caused by permafrost thaw due to global warming, according to a Greenpeace study. The study found the companies ...


Yemen LNG starts production

Thursday, October 15th, 2009

 Total announces that the Yemen LNG liquefaction plant started producing Liquefied Natural Gas (LNG) on October 15, 2009. Total is lead shareholder of Yemen LNG and holds a 39.62% interest, ...


Eni and Enel complete sale to Gazprom of 51% of SeverEnergia

Friday, September 25th, 2009

Gazprom will pay approximately 1.6 billion US dollars for the 51% stake in SeverEnergia Gazprom completed the acquisition of the 51% stake in SeverEnergia from Eni and Enel, in line with ...


S crude for November delivery fell $0.63 to $68.34 a barrel , London Brent crude fell $0.55 to $67.44 a barrel. Angola state-owned company Sonangol will buy Marathon Oil’s 20%

Thursday, September 24th, 2009

Angola state-owned company Sonangol will buy Marathon Oil's 20% stake in Angola's Block 32, valued at $1.3bn, Sonangol has announced. The agreement comes after the sale was blocked to two Chinese ...


Oil News from around the web, Crude oil for August 2009 delivery was traded at $64.19 a barrel, up $0.14; Nigeria’s crude oil production capacity is expected to decline to 2.46 million

Wednesday, July 8th, 2009

Movement for the Emancipation of Niger Delta (MEND) on Sunday blew up a crude oil facility belonging to the United States oil major, Chevron. The militant group also seized a chemical ...


Annual General Shareholders Meeting of Gazprom commences in Moscow

Saturday, June 27th, 2009

Moscow today has hosted the opening of the annual General Shareholders Meeting of Gazprom. Shareholders from Russia and a number of foreign countries are taking part in the Shareholders Meeting ...


Gazprom and Nigerian National Petroleum Corporation sign Agreement on setting up joint venture

Friday, June 26th, 2009

On June 24, 2009, as part of the official visit by Dmitry Medvedev, President of the Russian Federation to the Federal Republic of Nigeria, Gazprom and the Nigerian National Petroleum ...


Gazprom and Kogas sign Agreement to jointly explore gas supply project

Wednesday, June 24th, 2009

Today within the working visit by Gazprom’s delegation to the Republic of Korea Alexey Miller, Chairman of Gazprom Management Committee and Choo Kangsoo, President – CEO of Kogas signed an ...


Gazprom to hold regular annual General Shareholders Meeting

Tuesday, June 23rd, 2009

On June 26, 2009, at 10:00 a.m. Moscow time, Gazprom's Headquarters (16 Nametkina Street, Conference Hall, CD Building) will convene the Company’s annual General Shareholders Meeting. Registration of the shareholders ...


Inauguration of Gazprom Energy House

Tuesday, June 16th, 2009

Moscow saw today the inauguration of the Gazprom Energy House office center located at: 101 (bld. 3) Vernadsky Prospect (former headquarters of RAO UES of Russia). The Gazprom Energy House will ...


Gazprom and StatoilHydro sign Memorandum of Understanding

Monday, June 8th, 2009

Gazprom Management Committee Chairman Alexey Miller and StatoilHydro President and CEO Helge Lund signed a Memorandum of Understanding today in St. Petersburg on the sidelines of the XIII International Economic ...


Eni - Gazprom sign new agreement

Monday, May 18th, 2009

New understanding on South Stream Agreement for the assignement of 51% of SeverEnegia to Gazprom with a production target of at least 150,000 boe per day from 2013 Gazprom ...


Gazprom and Srbijagas sign Basic Cooperation Agreement in the framework of South Stream project implementation

Monday, May 18th, 2009

Alexey Miller, Chairman of the Gazprom Management Committee, and Dusan Bajativic, Director General of Srbijagas, signed a Basic Cooperation Agreement on implementation of the South Stream project on the ...


Oil News from around the web, US crude fell $0.54 to $57.48 a barrel ; Iran’s proven oil reserves increased dramatically; World oil demand will fall by 2.56m barrels per day (bpd) in 2009

Thursday, May 14th, 2009

)))))))))US crude fell $0.54 to $57.48 a barrel at 06.19 GMT, and London Brent fell $0.33 to $57.01 ))))))))))OPEC members should move to enforce current quotas, the Algerian oil minister said. The ...


Gazprom meeting on gasification and gas supply to Eastern Siberia and Far East

Friday, May 1st, 2009

Today at the Gazprom Headquarters Alexander Ananenkov, Deputy Chairman of the Company’s Management Committee held a meeting on the gasification and gas supply to Eastern Siberia and the Far East. The ...


Oil News from around the web, $50 per barrel is too low for continued investment;Nigeria-Europe gas pipeline sparks fresh interest

Thursday, April 30th, 2009

))))) The Organisation of Petroleum Exporting Countries (OPEC) has warned that the current crude oil price, which hovers around $50 per barrel is too low for continued investment. The 12 member ...


Gazprom’s delegation visits Republic of Kazakhstan

Monday, April 13th, 2009

A Gazprom delegation, led by the Company’s Management Committee Chairman Alexey Miller, paid a working visit today to the Republic of Kazakhstan. As part of the visit Alexey Miller met ...


Gazprom, Alexey Miller meets with heads of E.ON Ruhrgas, ENI and GDF SUEZ

Tuesday, April 7th, 2009

The Gazprom Headquarters hosted a meeting of Alexey Miller, Chairman of the Company’s Management Committee with heads of the largest European companies purchasing Russian gas. Taking part in the meeting ...


Oil News from around the web, Oil Reform, OPEC’s decision to curb crude oil production

Wednesday, April 1st, 2009

)))))))))OPEC's decision to curb crude oil production by more than 4 million barrels per day was the right move to control prices and supplies, a Saudi official said. Ibrahim al-Muhanna, adviser ...


Oil News from around the web, Afren predicts 15,000 to 25,000 barrels of oil a day , Oil prices fell below $54

Saturday, March 28th, 2009

-Oil prices fell below $54 a barrel in Asia Friday, retreating from a new high for the year, on concerns about the sustainability of recent gains. Benchmark crude for May ...


Oil News from around the web, oil explorer off Cameroon and Gabon, Oil and gas contracts signed with Russia

Thursday, March 19th, 2009

World oil prices retreated in Asian trade Wednesday after topping a two-month high above 49 US dollars overnight on concerns over weak global energy demand amid the economic downturn, analysts said. ...


Gazprom and Gas Natural sign Memorandum of Understanding

Wednesday, March 4th, 2009

OAO Gazprom Management Committee Chairman Alexey Miller and the Chairman of Gas Natural Salvador Gabarrу signed a Memorandum of Understanding today in Madrid as part of a state visit of ...


Oil News, w/e 25/02, NNPC Seeks $1.7bn Loan, China’s deep-water gas discovery ,Kuwaiti oil firm invests in Indonesia

Wednesday, February 25th, 2009

- NNPC Seeks $1.7bn Loan Nigeria’s quest for increased gas output to power electricity got a boost yesterday with the signing of a $1.69 billion loan agreement between the Nigerian National ...


New energy source comes onstream at Sakhalin II

Wednesday, February 18th, 2009

Russian President Medvedev inaugurates the first LNG plant in Russia. Yuzhno-Sakhalinsk, 18 February 2009:  President Dmitry Medvedev today opened Russia's first liquefied natural gas (LNG) plant built by Sakhalin Energy Investment ...


Gazprom’s delegation visits Venezuela

Friday, February 6th, 2009

Led by Stanislav Tsygankov, Head of the Company’s International Business Department, a Gazprom delegation paid a working visit to the Republic of Venezuela. As part of the visit the delegation attended ...


Gazprom obtains rights for hydrocarbon exploration and production in Algerian El Assel area

Wednesday, January 21st, 2009

Gazprom Netherlands B.V. and the Algerian State Oil and Gas Corporation (ASOGC) Sonatrach have signed an Agreement for the transfer of rights for hydrocarbon exploration and production in the onshore ...


Comments on NAK Naftogas Ukrainy statements

Tuesday, January 13th, 2009

Providing gas for technological needs is the sole responsibility of transiting party! Comments on NAK Naftogas Ukrainy statements on Russian gas take off from transiting deliveries for their own technological needs “Naftogas ...


Statement by Gazprom Management Committee Chairman Alexey Miller at meeting with representatives of companies purchasing Russian gas and European Commission

Monday, January 12th, 2009

Esteemed ladies and gentlemen, I am glad to meet you here today. First of all, I would like to inform you on the results of the meeting between Mr Putin, ...


Gazprom delegation visits Brussels

Friday, January 9th, 2009

Today OAO Gazprom’s delegation headed by the Company’s Management Committee Chairman Alexey Miller made a visit to Brussels. During the visit Alexey Miller met with the President of the European Commission ...


Gazprom agrees on Uzbek gas supply terms for 2009

Saturday, January 3rd, 2009

Gazprom has agreed on the major terms of gas supply from Uzbekistan for 2009. An addendum has been signed to the Uzbek gas supply contract. The document contemplates using a pricing ...


Gazprom and SC Rosatom sign General Cooperation Agreement

Wednesday, December 17th, 2008

Today, at the Gazprom Headquarters, Alexey Miller, Chairman of the Company’s Management Committee and Sergey Kirienko, Director General of Rosatom State Nuclear Power Corporation signed a six-year General Agreement of ...


Gazprom and Schlumberger Sign Advanced Technology Framework Agreement

Thursday, November 27th, 2008

Paris, November 27th, 2008—OAO Gazprom and Schlumberger announced today that they have signed an agreement covering the application of advanced technology to enhance the efficiency of exploration and development for ...


Gazprom commences drilling first exploratory well in Venezuela

Tuesday, November 11th, 2008

Within the visit of Igor Sechin, Deputy Chairman of the Russian Federation Government to Venezuela, a Gazprom delegation, led by Alexander Medvedev, Deputy Chairman of the Company Management Committee took ...