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Recent Posts Tagged With 'russia'
[RUSSIA] Vladimir Putin's comments drive a company's stock down $6 billion
When Vladimir Putin talks, investors in Russia listen. And some head for the door. Speaking at an industry conference this week, Putin, Russia's former president and now prime minister, spoke five sen...
[EUROASIA] BP bosses block Russia dividend
BP has blocked a $1.8 bn dividend payment due to be paid from its Russian joint venture in an attempt to regain the advantage in its bitter fight with its billionaire partners, The Sunday Telegraph ca...
[NUCLEAR] RWE, Electrabel file binding offers for stake in Bulgarian nuclear power plantMiddle East nuclear renaissance?
A comprehensive and well detailed report by the International Institute for Strategic Studies, released last week, sheds a pile of information on the state of nuclear proliferation in one of the world...
[EUROASIA] TNK-BP Sending Mixed Messages
In a brand-new office on the 14th floor of a central Moscow high-rise, the Russian shareholders who own half of embattled oil firm TNK-BP are waging a war. On a recent afternoon, the shareholders' new...
[RUSSIA] It Smells Kerosene
For the first time in Russia, the cost of aviation kerosene at the country’s airports has exceeded the world level. The average price for the kerosene in Europe has lowered 8 percent since May, but ...
Evgeny Ostrovsky (TOAP) [Flickr]
energyPICS posted a photo: ...
[RUSSIA] TNK-BP Chief in Question Marathon.
TNK-BP chief executive Robert Dudley spent five hours answering questions at an Interior Ministry office Tuesday in what appeared to be the latest episode in a wrangle for control of the company betwe...
[GEOPOLITIC] Russia is biggest oil producer. International Energy Agency
The International Energy Agency says Russia has turned into the biggest crude oil producer, a title traditionally belonged to Saudi Arabia. The International Energy Agency declared on Tuesday that Ru...
[ASIA] Chevron to help Kazakhstan skirt Russia with pipeline
Chevron will help Kazakhstan's state oil company build a $1.5 billion pipeline from the nation's biggest producing field to the Caspian Sea, expanding export routes to world markets that bypass Russia...
[ENERGY MEETING] Declarations of Kiev Energy Summit are a desperate cry of ineffective allies of the West- Modest Kolerov
The last may 22-23, an energy summit was held in Kiev. Presidents of Azerbaijan, Georgia, the Baltic countries, Poland and EU Energy Commissioner Andris Piebalgs took part in the meeting, as well as d...
[RUSSIA] Bristish Petroleum, clash with billionaires in Russia getting personal
British oil company Bristish Petroleum on Friday rejected demands from a group of Russian billionaires to fire the head of the lucrative TNK-BP natural gas venture, deepening a confrontation between s...
[RUSSIA] Moscow Energy Investment Doubled
Investment into the Moscow energy distribution system will be almost doubled through 2010, Unified Energy System chief executive Anatoly Chubais said Saturday at the opening of a new power unit. Anat...
[EUROASIA] The European Bank for Reconstruction and Development to invest $85mln in Siberian oil firm to help cut emissions
The European Bank for Reconstruction and Development said on Sunday it would invest 2 billion rubles ($85 million) in an equity project to enable a Siberian oil firm to cut greenhouse gas emissions. ...
[RUSSIA] Alfa Denies Ties to Firm In BP Suit
The Billionaire Mikhail Fridman's Alfa Group on Thursday denied any connection with Tetlis, a little-known company that filed a lawsuit against TNK-BP in a Siberian court. Tetlis' management has "no ...
[RUSSIA] Oil Tax Pledge Buoys Markets
Markets surged after the swearing-in of Dmitry Medvedev as president in a pomp-filled ceremony Wednesday and a tax-cutting speech by Vladimir Putin the day after, when he was approved as prime ministe...
[EUROASIA] Aladdin Oil & Gas Company signs LOI to acquire four Russian oil licences
Aladdin Oil & Gas Company ASA has entered into a letter of intent to acquire 80 percent of four Russian oil licences in the Orenburg-area for USD 17, 5 million. One of the licences is presently in...
Vagit Alekperov [Flickr]
energyPICS posted a photo: ...
Leonid Fedun [Flickr]
energyPICS posted a photo: ...
[OIL MAJORS] As Gazprom's chairman moves up, so does Russia's most powerful firm
On a frigid evening in February, the hottest place to be here was the Kremlin Palace theater. The draw inside the towering hall wasn't Tina Turner or Deep Purple — rock icons well past their prime â...
[OiL FUTURES] High energy prices lift earnings for BP and Royal Dutch Shell
Higher oil and natural gas prices helped Royal Dutch Shell and BP report record first-quarter profits Tuesday, beating analysts' expectations and prompting share gains across the industry. The two bi...
NUCLEAR RENAISSANCE: The Nuclear power and the europeans. Bad reactions
With French and German companies lining up to build new nuclear power stations in Britain, the die now seems cast for nuclear. Or is it? The government's goal is certainly ambitious. Ten countries - ...
GEOPOLITIC: Russia to Maintain Continuity in Relations with The Islamic Republic of Iran
Russia will maintain continuity in relations with Iran, said the oral message of President Vladimir Putin that the RF National Security Council Acting Secretary Valentin Sobolev delivered to Iran’s ...
MIDDLE EAST: Iraq. The International Oil Companies qualify for bid round
Iraq's oil ministry has qualified thirty five international oil companies (IOCs) to bid for its first post-war licensing round, which it hopes to launch in May 2008. The list of IOCs, compiled by the...
EUROASIA: Investigators Raid BP and TNK-BP
Plainclothes police officers raided the central Moscow offices of BP and TNK-BP on Wednesday, ratcheting up pressure on BP's Russia venture amid market rumors that it has been targeted for state contr...
EUROASIA: The Ukrainen Government Rewrote Agreement with Gazprom
Led by Prime Minister Yulia Tymoshenko, Ukrainian government has scrutinized the March 12 gas agreement with Russia. The revised document not only excludes Rosukrenergo from supplies but also strips i...
EUAROASIA: Ukraine, Russia end natural gas standoff
Russia's state-controlled natural gas monopoly and Ukraine today announced an agreement on gas deliveries for the rest of the year, apparently putting an end to a dispute that had been watched nervous...
RUSSIA: Power monopoly Unified Energy Systems to sell Moscow office for $175 mln
Unified Energy Systems (UES) intends to sell its main office building in Moscow for $175 mln, the utility giant's chief executive said on Friday. Anatoly Chubais said the building, which was bought i...
RUSSIA: Gazprom to Sell Shares in Coal Unit After Acquisition
OAO Gazprom, Russia's natural-gas exporter, plans to hold an initial public offering of its new coal and power unit after acquiring Siberian Coal Energy Co. Gazprom will acquire 50 percent plus one s...
GEOPOLITIC: United Statets and Russia to hold formal economic talks about nuclear fuel
The United States and Russia announced Thursday they will launch formal talks this year to discuss growing trade and investment links, which include US plans to import Russian nuclear fuel. Washingto...
RUSSIA: The nuclear chief Sergei Kirienko, moved aside for new role
Sergei Kirienko was relieved of his post as head of Russia's atomic energy agency on Monday but officials said it was a technical change and that he would front up a new wider nuclear body. "Prime Mi...