A JKX gas facility in Ukraine. The company is dealing with another shareholder dispute. (JKX) Global Markets

JKX struggles bode ill for Ukraine gas sector

UK-listed JKX faces its second shareholder dispute in 18 months and is struggling to fend off the advances of Russian/Ukrainian investors.

By Silvia Favasuli 19 June 2017
Pipelines, Storage & Power

Questions remain over Gazprom’s Blue Stream

Russia’s Energy Ministry and Gazprom are considering possible export duties on gas pumped through the Blue Stream pipeline.

28 July 2011
Companies & Finance

Transneft net profits soar 152%

Net profits at Russian oil pipeline company Transneft increased 152% to 84.9 billion rubles ($30.9 billion) in the first quarter of this year, boosted by the sale of its controlling interest in Primorsk Commercial Seaport LLC, the company reported.

27 July 2011
Exploration & Production

TNK-BP growth strategy focuses on Yamal, gas, international projects

TNK-BP's 10-year growth strategy is focused on the Yamal Peninsula, gas and international projects, CFO Jonathan Muir told journalists on Tuesday.

26 July 2011
Exploration & Production

Gazprom gets drilling go-ahead for giant Sakhalin-3 field

Russia's environmental protection agency Rosprirodnadzor has said that state-owned giant Gazprom has received clearance to drill in the Kirinskoye field, part of the Sakhalin-3 project.

25 July 2011
Turkmen President Gurbanguly Berdymukhammedov, right, and Malaysian Prime Minister Najib Razak at the opening ceremony of a Petronas gas refining plant in Kiyanly, Turkmenistan on 12 July. (PA) Exploration & Production

The future for gas in Turkmenistan’s portion of the Caspian Sea

Petronas started up gas production in Turkmenistan’s section of the Caspian Sea earlier this month – so how are other projects in the offshore coming along. And what will the companies do with the gas?

25 July 2011
Exploration & Production

Russian environmental agency to review Shtokman field

The Russian Federal Service for Supervising Natural Resources (Rosprirodnadzor) has approved a plan to conduct a comprehensive survey of the Shtokman gas condensate field in the Barent Sea, Rosprirodnadzor said on Friday.

25 July 2011
Policy & Regulation

Total secures Russian tax coup

Shares in French company Total traded up today after the Kremlin approved a significant tax break for oil and gas firms today.

22 July 2011
Exploration & Production

Total investment for Yamal LNG project to reach $35.6 billion

Russian state and foreign investment places funding for the Yamal LNG project at (1 trillion rubles) $35.6 billion, including Total's 20.5% stake acquisition for $4 billion, Russian Prime Minister Vladimir Putin said at a government commission meeting on Wednesday.

21 July 2011
Exploration & Production

Energy plans to drill 58 wells at Caspian Bahar/Gum-Deniz Block before 2016

United Arab Emirates firm Bahar Energy Ltd plans to drill 58 wells at the Bahar/Gum-Deniz contract block in Azerbaijan's sector of the Caspian, according to Greenfields Petroleum’s website. Greenfield owns 33.3% of Bahar Energy shares.

21 July 2011
Supply & Demand

Gazprom to list production facilities affected by Q4 Eastern Gas Programme

Gazprom and the Russian government are making adjustments to the Eastern Gas Programme, as Gazprom’s board of directors directed the management to draw up a list of Gazprom production facilities in Eastern Russia that might be affected.

21 July 2011
Pipelines, Storage & Power

Turkmenistan starts up gas sales to China

Turkmenistan has started to sell gas to China through the eastern section of China’s second West-East pipeline, which runs to Guangzhou.

21 July 2011
Companies & Finance

TNK-BP back in the courts

Minority shareholders in TNK-BP are preparing a lawsuit against two BP-nominated directors to claim damages over the failed BP/Rosneft tie-up.

21 July 2011
Companies & Finance

German report says EnBW will offer Novatek a deal on VNG

German utility Energie Baden-Wuerttemberg (EnBW) is offering independent Russian gas company Novatek up to a quarter of Germany’s third-largest importer Verbundnetz Gas (VNG), daily newspaper Handelsblatt reported on Wednesday.

20 July 2011
LNG

Sakhalin Energy posts net profit of $2.26 billion in 2010

Sakhalin Energy, the operator of the Sakhalin-2 project, posted a net profit of $2.26 billion in 2010 under International Financial Reporting Standards, the company said in its Sustainable Development Report 2010.

20 July 2011
Supply & Demand

Moldovagaz hopes to sign new five-year deal with Gazprom

The Russian-Moldovan natural gas supplier Moldovagaz and its majority stockholder - Russian gas giant Gazprom - agree that it would be advisable to sign a new contract on the export of natural gas to Moldova for the next five years, a Moldovagaz management spokesman told Interfax, referring to the results of a Moldovan delegation to Moscow on 15 Ju

19 July 2011
Pipelines, Storage & Power

Ukraine starts upgrade for Urengoi-Pomary-Uzhgorod gas pipeline

Modernisation of the Ukrainian gas pipeline system will give Ukraine a chance to become a transistor nation, Prime Minister Mykola Azarov said on Tuesday at a ceremony to launch the upgrade of the Urengoi-Pomary-Uzhgorod trunk pipeline in the Bohuslav district of Kyiv region.

19 July 2011
LNG

Novatek tanker navigates Northern Sea Route

A Novatek tanker loaded with 60,000 tons of gas condensate is well on its way to China, after passing through the Northern Sea Route.

18 July 2011
Exploration & Production

KazMunaiGaz stake essential for next Karachaganak production phase

Interfax reported earlier in July that Kazakh Oil and Gas Minister, Sauat Mynbayev, said the development of the third phase of the Karachaganak project could only move ahead if KazMunaiGaz received a 10% of stake in Karachaganak Petroleum Operating (KPO), the operator of the huge gas field.

18 July 2011
Companies & Finance

Ukraine gives 3P International Energy permission to buy Tysagaz

Ukraine's anti-monopoly committee has given Canada's 3P International Energy- permission to acquire private gas company Tysagaz, based in the Zakarpatskaya region, the Canadian company said on its website on Friday.

18 July 2011
Pipelines, Storage & Power

Gas reserves in underground storage in Azerbaijan to top 3. 5 bcm by start of 2012 - SOCAR

Total gas reserves in underground storage facilities in Azerbaijan will come to over 3.5 billion cubic metres this year, the State Oil Company of the Azerbaijani Republic’s (SOCAR) head, Rovnag Abdullayev, told journalists on Friday.

18 July 2011

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