Latest news
BP examines the possibility of drilling a new well in the Caspian Sea.
BP, the largest foreign investor in Azerbaijan which operates the technical aspects of the project on the development of the Shah Deniz gas field wants to build new production well in the Caspian Sea.
read more... 30/12/2010
Vietsovpetro will continue Vietnam-Russia oil cooperation.
Vietnam and Russia will continue cooperating in geological survey and oil and gas production on Vietnam’s continental shelf within the framework of the Vietnamese-Russian oil and gas joint venture (JV) Vietsovpetro after 2010.
read more... 28/12/2010
Russia seeks transparency of the Indian Nuclear Liability Legislation before implementing its project.
Russia wants to make clear the Indian nuclear civil liability legislation before it will implement its project of building 16 nuclear reactors in India. This action was performed at the Russian President’s initiative, during a delegation of two days.
read more... 27/12/2010
The unconventional gas suppliers from Europe need subsidies from government to become attractive on the market.
The Oxford Institute for Energy Studies in collaboration with the SBC Energy Institute has published a study on unconventional gas in Europe. The study "Can unconventional gas be a game changer in European gas markets?” concludes that unconventional gas development will not be a game changer for European gas markets overall. However, it could have a significant impact in individual countries, although probably not in this decade.
read more... 27/12/2010
Russia’s Gazprom and Italy’s Eni extend their strategic agreement until 2012.
Gazprom and Eni have extended their 2006 strategic agreement, which would have expired on December 2010, until 2012. The agreement targets the boost of industrial and commercial operations in Russia and third countries.
read more... 24/12/2010