Ukrainian president Petro Poroshenko Policy & Regulation

Ukraine must clean up its act to attract Western players

Kiev needs to break the stranglehold of Ukraine’s oligarchs if it wants companies to invest in the country.

By The Wildcat 2 October 2017
Exploration & Production

Lukoil begins drilling third exploratory well in Uzbekistan

Russian oil major Lukoil has begun drilling a third exploration well at the Shege structure in Uzbekistan, which is part of the Kungrad Block (itself part of the Kandym-Hauzak-Shady-Kungrad project).

12 August 2011
Exploration & Production

Armenia plans shale gas exploration

Armenia’s Prime Minister Tigran Sargsyan met this month with Stephan Fitch, head of gas exploration company International Minerals & Mines (IMM), to sign a Memorandum of Understanding (MOU) to explore Armenia’s unconventional shale gas reserves.

12 August 2011
Policy & Regulation

Georgia looks to sell minority stake in North-South gas pipeline

Georgia’s government plans to sell to foreign investors a 25% stake in the Georgian Oil and Gas Corporation, the state-run operator of the North-South gas pipeline which runs from Russia to Armenia via Georgia.

12 August 2011
Companies & Finance

TNK-BP could pay between $900 mln and $3 bln for 50% of Itera

TNK-BP could pay anything from $900 million to $3 billion for a 50% stake in the Itera oil and gas company, analysts told Interfax.

11 August 2011
LNG

Dragon Oil profits soar but questions remain over Turkmen negotiations

Turkmenistan-focused company Dragon Oil today announced that its operating profits soared 135% in the first half of the year.

10 August 2011
Exploration & Production

Gazprom considers $20 bn order from Murmansk for Yamal project

Gazprombank is considering to order 20 ice-resistant platforms and 50 supply vessels from the Murmansk region at an overall cost of $20 billion for Gazprom’s Yamal hydrocarbons projects, the Murmansk region’s governor, Dmitry Dmitriyenko, told Interfax.

9 August 2011
LNG

New Surgut thermal power plant to reduce associated gas flaring

On 25 July E.ON Russia opened two new power generation blocks at the Surgut GRES-2 thermal power station in Western Siberia.

8 August 2011
LNG

FAS and Econ Min's negative position on Gazprom-IES deal might become dominant - Artemiyev

Russia's Federal Antimonopoly Service (FAS) has been in discussion with the Economic Development Ministry in regards to Gazprom and CJSC IES Holding's merger of their power assets, FAS chief Igor Artemiyev told journalists on Thursday.

8 August 2011
Pipelines, Storage & Power

Sakhalin-Khabarovsk-Vladivostok gas pipeline launch

Russian Prime Minister Vladimir Putin launched the Sakhalin-Khabarovsk-Vladivostok gas pipeline, a major project of the Eastern Gas Program, at a ceremony on 8 September, Interfax reported from the launch ceremony.

8 August 2011
Exploration & Production

New well starts operation at Turkmenistan Minara gas field

The Mary Gas Extraction Production Association (Marygazchykarysh) has put into operation a new well at Turkmenistan’s Minara gas field. It is estimated that the well will produce up to 400 thousand cubic metres of gas from a depth of 3 km, according to Turkmenistan’s Ministry of Oil and Gas.

5 August 2011
Supply & Demand

Bulgargaz continues gas supply negotiations with Gazprom

Bulgargaz is in negotiations with Gazprom for a new gas supply contract which would give it direct access to Russian gas, rather than buying gas through intermediaries.

4 August 2011
LNG

Gazprom subsidiary to build liquefaction project in Yaroslavl Region

Gaz-Oil, a subsidiary of Gazprom, plans to build an LNG liquefaction plant in the Bolsheselsky district of the Yaroslavl region, Yaroslavl Governor Sergei Vakhrukov told journalists on Thursday.

4 August 2011
Supply & Demand

Uzbekistan raises gas prices for Tajikistan

Uzbekistan has raised the price of gas it sells to Tajikistan for the third quarter of 2011.

3 August 2011
Supply & Demand

Turkey plans to sign transit gas agreement with Azerbaijan in September

Azerbaijan and Turkey plan to reach a transit agreement in September 2011 on the supply of Azerbaijani gas to Europe, Turkish ambassador to Azerbaijan Hulusi Kilic said on Tuesday.

3 August 2011
Supply & Demand

Belarus says gas price to average up 46% to $270 in 2011

The Belarusian government expects the price of gas to rise 46% to $270 per thousand cubic metres (Mcm) in 2011, from $185 in 2010 and $150 in 2009, a representative of the Council of Ministers told Interfax.

2 August 2011
Exploration & Production

Rosnedra awaiting decision on reissue of Kovykta licence

Russia's Subsurface Resources Agency (Rosnedra) is awaiting a decision from Russia’s Economic Development Ministry before it reissues licensing to the Kovykta gas condensate deposit to OJSC Gazprom, Rosnedra chief Anatoly Ledovsky told reporters during a trip to Tomsk Region on Saturday.

1 August 2011
Exploration & Production

Resources commission gives go-ahead for new Volga Gas Prospect

The Russian State Commission for Resources (GKZ) has approved new C3 prospective resource estimates for Volga Resources place's new prospect in the Precaspian Licence Area in Russia's Saratov region, the company said on Monday.

1 August 2011
Exploration & Production

Gazprom Dobycha Krasnodar to build four compressor stations by 2016

Gazprom Dobycha Krasnodar plans to build four booster compressor stations and launch an oil and condensate installation for its fields, the company's general director, Mikhail Geykhman, told Interfax.

1 August 2011
Pipelines, Storage & Power

Turkmenistan: reality does not match ambition

Although Turkmenistan’s natural gas production has remained stagnant over the past 10 years, the country appears ambitious in its hopes for export growth.

1 August 2011
Policy & Regulation

Ukrainian ex-president summoned to court as witness in Tymoshenko case

Ukrainian former President Viktor Yushchenko has been summoned to Kiev’s Pechersky District Court as a witness in the trial of former Prime Minister Yulia Tymoshenko.

29 July 2011

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