Latest news
Exxon and Rosneft sign an agreement to develop Black Sea oil and gas
Exxon, the U.S. major oil company and Rosneft, the Russia's oil giant have signed on January 27th an agreement to develop offshore oil and gas in the Black Sea.
read more... 28/01/2011
Europe and Russia disagree on gas pipeline development project
The energy representatives from Europe and Russia have met on Wednesday to discuss the future of natural gas supplies, disputing over the implementation of gas pipeline common project.
read more... 28/01/2011
New Polish LNG terminal planned for 2014.
The building of the liquefied natural gas (LNG) terminal in Świnoujście, Poland will start at the end of March this year. The project is estimated to cost 2.9 billion polish zlotys and should be put into operation till mid-2014. The terminal should be connected to the transportation system in 2013, with a delay of one year after the terminal became operational from mechanic and technological point of view.
read more... 27/01/2011
Ukrainian government to invest $25 billion.
Mykola Azarov, the Ukrainian Premier declared at a government meeting on Wednesday that Ukrainian government is planning to support strategic investments projects in the development of offshore oil and gas fields, aircraft building, high technology development, etc.
read more... 27/01/2011
Russia and China to sign a gas-supply agreement this year
After years of disagreements on setting the prices for natural gas, China and Russia could reach a common agreement by the middle of 2011.
read more... 26/01/2011