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 ...


Wintershall wins PR award

Monday, October 5th, 2009

BASF subsidiary wins the German PR Award for effective communication on “Russian-German economic relations” Wiesbaden. Wintershall Holding AG has been awarded the international German PR Award in Wiesbaden for its successful ...


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 ...


First Russian LNG cargo starts its journey to Japan

Monday, March 30th, 2009

The first Russian LNG cargo for delivery to Japan has been successfully loaded from the Sakhalin II LNG plant into the Energy Frontier LNG carrier. The Energy Frontier left the ...


Russian gas deliveries towards Ukraine initiated

Wednesday, January 21st, 2009

Today at 5.50 Moscow time Gazprom sent the first request to the NAK Naftogaz Ukrainy United Dispatching Center (ODU) for the transit of 99.2 million cubic meters of gas a ...


BP and AAR Sign Deal To Align Interests and Boost Value of Russian Joint Venture

Monday, January 12th, 2009

BP announced today that the deal agreed in principle last September to revise the shareholder agreement with its Russian partners in TNK-BP has now been finalised, paving the way for ...


Gazprom and Nigerian National Petroleum Corporation sign Memorandum of Understanding

Monday, September 8th, 2008

Today Alexey Miller, Chairman of the Gazprom Management Committee and Abubakar Yar'Adua, Group Managing Director of the Nigerian National Petroleum Corporation signed a Memorandum of Understanding at the Gazprom Headquarters. The ...


Eni signs contracts for the sale of gas in Russia and becomes the first European player to enter the Russian downstream market

Tuesday, July 8th, 2008

Signed gas sale contracts with TGK-9. Under the terms of the contracts, as of 1 June 2008, 350 million cubic meters of gas will be sold by 2010. Eni will ...


Aker Kvaerner acquires engineering company and sells off shares in Russian yard

Wednesday, February 13th, 2008

13 February 2008 - Aker Kvaerner has entered into an agreement which gives full ownership of Finnish RR Offshore and ends the co-operation between Aker Kvaerner and it's former Russian ...