Tengizchevroil fined for damage from flaring in Kazahkstan
Joint venture company Tengizchevroil was fined nearly KZT 125 million for causing environmental damage in Kazakhstan as a result of gas flaring.
23 December 2015Rosneft to recieve Khatanga rights
Rosneft will receive the rights to prospect, explore and develop the Khatanga section, the Russian government has said in a statement.
23 December 2015Russia's 2015 gas exports could be up y-o-y – Novak
Russian gas exports for 2015 could increase by 4.8% year on year to 190 billion cubic metres, Energy Minister Alexander Novak said.
23 December 2015Uzbekistan keeps up GTL finance effort
Uzbekistan will continue its efforts to create a consortium to finance the construction of a GTL plant, national oil and gas company Uzbekneftegaz told Interfax.
22 December 2015Azerbaijan exports down year on year
Azerbaijan exported 7.56 billion cubic metres of gas between January and November 2015 – 2.1% less than in the same period last year.
22 December 2015Ukraine would buy Russian gas at $200/Mcm
Ukraine is prepared to buy gas from Russia in Q1 2016, but only if prices are reduced to less than $200 per thousand cubic metres, Volodymyr Demchyshyn has said.
22 December 2015Gazprom Neft-Kazakhstan plans to boost market share
Gazprom Neft-Kazakhstan plans to increase its market share from 8% to 9% in 2016, General Director Marat Malatayev told journalists at Interfax’s Kazakhstan press centre in Almaty.
21 December 2015Gazprom pulls out of Overgas JV
Gazprom is withdrawing from the Overgas 50/50 joint venture it owns with Bulgarian Overgas Holding, Bulgaria’s Capital Daily has reported.
21 December 2015Gasum and Gazprom agree on contract revision
Gazprom and Finnish gas distributor Gasum have reached agreement on revising the terms of their gas supply contract, Gasum has said in a release.
21 December 2015Uzbekistan puts off pipeline to China
Uzbekistan has postponed the construction of a fourth gas pipeline to China until 2016 because of technical reasons, the country’s national oil and gas company Uzbekneftegaz told Interfax.
21 December 2015Russia postpones Baltic gas auction to 2016
The auction to sell Russian gas to the Baltic States – planned for this year – will not take place before 2016, despite Russian plans to extend supply contracts with Lithuania’s Amber Grid.
21 December 2015Guneshli oil well fire kills seven, 23 missing
An oil well fire on the Guneshli N10 platform in the Caspian Sea has been extinguished, while the search for 23 missing people continues.
18 December 2015Fluxys buys Gazprom’s Interconnector UK stake
Fluxys closed a deal on Thursday to buy Gazprom’s 10% stake in Interconnector UK, the owner and operator of the underwater pipeline between the UK and Belgium.
18 December 2015CNPC and Gazprom sign Power of Siberia agreement
Gazprom and China National Petroleum Corp. have signed an agreement in Bejing for the design and construction of the cross-border section of the Power of Siberia pipeline
18 December 2015Gazprom output may hit second record low
Gazprom’s annual gas production may reach a record low for the second consecutive year.
18 December 2015Noble Clean Fuels and Engie win Naftogaz tenders
The UK’s Noble Clean Fuels and France's Engie were the winners in the first three tenders to supply gas to Naftogaz Ukrainy, paid for by the European Bank for Reconstruction and Development.
17 December 2015Ukraine toughening up on gas supply security
Ukraine’s role as a transit state for Russian gas may be declining, but there are signs resilience is being built into its gas system as it shifts focus to European suppliers.
17 December 2015DEA closes E.On asset deal
DEA Deutsche Erdoel, which is owned by LetterOne, has closed its deal to buy 100% of the shares of E.On’s Norwegian oil and gas business E.On E&P; Norge.
17 December 2015China provides funding for Yamal LNG
China’s Silk Road Fund (SRF) has provided €700 million ($759 million) for the $27 billion Yamal LNG project, Novatek Chief Executive Leonid Mikhelson told reporters.
17 December 2015Medvedev attends Gazprom EU antitrust hearing
A hearing as part of the European Commission’s antitrust case against Gazprom was held in Brussels on Tuesday.
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