Sophie Davies

Turkish vessel to start oil and gas exploration in Med

Turkey is planning to start oil and gas exploration in the Mediterranean Sea using the MTA Reis vessel.

11 August 2017

Bond may suspend more helicopters after gearbox failure

Bond Offshore Helicopters, the UK’s largest provider of air ambulance and emergency services, may see further aircraft suspensions on Monday, after one of its helicopters ditched in the North Sea last week because of gearbox failure.

14 May 2014

US firm may join Cuadrilla’s quest for UK shale gas

US energy producer Breitling Oil and Gas may join UK independent Cuadrilla Resources in exploring for shale gas in the UK, following a report that the two companies are in talks.

14 May 2014

E.On considering mothballing gas-fired plant

German utility E.On has said it is seriously considering mothballing its 430 MW gas-fired power plant at Malcenize in Slovakia as generating margins are so poor.

8 May 2013

Huge potential of Kazakhstan – Zhaikmunai CEO

Kazakh independent oil and gas producer Zhaikmunai operates in northwestern Kazakhstan and is listed in London. CEO Kai-Uwe Kessel tells Interfax about the company’s expansion plans and the future of Kazakhstan’s gas industry.

30 January 2013

Ukraine, Shell ink landmark shale deal

Ukraine signed a landmark shale gas deal with Royal Dutch Shell in Davos on Thursday, which could be worth up to $10 billion, making it the largest deal ever of its kind in Europe.

24 January 2013

Gazprom’s gas export monopoly may end

Russian Prime Minister Dmitry Medvedev is not ruling out the possibility that state-owned Gazprom's monopoly on gas exports might end, the prime minister told Bloomberg on Wednesday.

23 January 2013

‘Fundamental shift’ in Russia’s gas sector likely – OIES

A “fundamental shift” in the competitive landscape of Russia’s gas sector could be on its way, according to a new report published by the Oxford Institute for Energy Studies.

18 January 2013

Gazprom’s Q3 net profit doubles, beats forecast

Gazprom doubled net profit to RUB 305.05 billion in Q3 2012, from RUB 151.98 billion in the same period of 2011, according to International Financial Reporting Standards, the company said on Thursday.

17 January 2013

Russian interest in DEPA to be discussed on Wednesday

The privatisation of Greece’s state gas company DEPA and operator DEFSA, in which Russia’s Gazprom is the most high-profile bidder, is expected to be discussed at a board meeting on Wednesday.

8 January 2013

Shah Deniz FID still expected by year-end – BP

BP and its partners in the Shah Deniz gas project are still looking at achieving a final investment decision by year-end, amid reported changes to the project’s cost estimates.

8 January 2013

Gazprom aims for 508 bcm in 2013 – faces demand challenges

Gazprom plans to produce 507.7 billion cubic metres of gas next year, around 6 bcm less than last year, a source familiar with company plans has told Interfax.

18 December 2012

Uzbekistan to spend $3 bln worth of foreign investment in 2013

Uzbekistan plans to spend $3.017 billion worth of foreign investment on 151 projects next year, a source in government circles has told Interfax.

14 December 2012

Rosneft, Exxon sign environmental pact for Arctic development

Rosneft and ExxonMobil have signed a declaration for the protection of the environment and biodiversity during oil and gas exploration and development on the Russian Arctic continental shelf, the Russian state-owned oil company said in a press release on Friday.

7 December 2012

Yamal LNG targets sales in both Atlantic and Asia Pacific

Yamal LNG is targeting sales in both the Atlantic and Asia Pacific, the latter via the Northern Sea Route (NSR) in the summer months, Christophe Malet, deputy director of marketing and shipping at Yamal LNG, has told Interfax.

30 November 2012

TAP still open to new shareholders

The Trans-Adriatic Pipeline (TAP) project, which is being developed by Statoil, AXPO and E.On, is still open to new participants, Interfax has learned.

29 November 2012

Russian gas may come to the UK via Nord Stream – BP

BP has begun talks with Gazprom and the Russian government on participating in the extension of the Russia-Germany Nord Stream gas pipeline to the UK, BP confirmed on Monday.

26 November 2012

BP, Statoil may take 12% stakes in TANAP pipeline

SOCAR President Rovnag Abdullayev has told journalists that BP and Statoil may each receive 12% stakes in the TANAP pipeline project, which would reduce Europe’s reliance on Russian gas.

8 November 2012

VTB Capital maintains cautious view on Gazprom

Russian investment bank VTB Capital maintains its cautious outlook on Gazprom because “no visible operational recovery” was evidenced in the energy major’s Q2 results published last week, the bank said on Monday.

5 November 2012

Russia’s ‘convenient conduit’ into Central Asia

Following Russian President Vladimir Putin’s visit to Tajikistan this month, Lilit Gevorgyan, senior analyst at IHS, tells Interfax about Russia’s strategy in Central Asia, and if China could be a competitor.

31 October 2012

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