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Gazprom says managers hold Alaska pipeline talks

AP — Tue, 14 Oct 2008 19:33:56 +0000

Russian state-controlled energy company Gazprom said Tuesday a group of senior executives visited Alaska to discuss energy projects as the gas export monopoly seeks to expand its presence...

EU's concern over gas supplies melts as Gazprom calls off gas cuts to Belarus

Balendu — Wed, 10 Sep 2008 10:28:47 +0000

Russia’s state-controlled gas monopoly has called off planned gas cuts to its former Soviet neighbor Belarus after Minsk paid a substantial part of a $456 million gas debt before a Friday morning deadline, the national gas monopoly said....

Gas price in Europe to record new heights, warns Gazprom

Arpita Mukherjee — Wed, 10 Sep 2008 05:02:17 +0000

Price of gas in Europe is expected to rise by up to 17 percent, reaching new heights in next year because of rise in oil prices, according to a warning issued by Gazprom. The state-owned Russian company said on Tuesday that gas prices in...

Gazprom acquires Kovykta oil field from BP

Rahul — Tue, 09 Sep 2008 04:56:34 +0000

Ultimately, British oil giant BP is knees down before Russians as it has agreed to sell its stake in Kovykta field to Gazprom. BP, which drilled oil in Siberian oil field with Russian driller TNK, will get $700 million to $900 million for...

Gazprom enters deal with Italian Eni to pipe natural gas from Libya

Arpita Mukherjee — Tue, 09 Sep 2008 03:52:10 +0000

Even after the end of the Cold War and the rising US political and commercial hegemony, Russia is still nurturing its ambition to revive its former glory by becoming a major force to reckon with has become clear with the recent move by...

Gazprom and Total will drill oil at Shtokman

Rahul — Mon, 08 Sep 2008 15:29:31 +0000

Gazprom confirmed French energy major Total as its partner to develop the Shtokman natural gas field. Total will control 25 percent stake to finance, build and own the field’s infrastructure. ConocoPhillips, Chevron, Statoil, and Norsk...

Gazprom to strengthen gas supply with $420bln investment by 2030

Rahul — Mon, 08 Sep 2008 06:18:37 +0000

Gazprom has agreed to invest $420 billion in the gas sector by 2030 to ensure enough supplies to the domestic and foreign market. This announcement strengthens the speculation that Russian state-controlled energy producer could further try to...

Gazprom and Eni to develop pipeline to EU

Rahul — Sun, 07 Sep 2008 22:52:43 +0000

Gazprom and Italian oil firm Eni have agreed to build a massive pipeline to take Russian gas under the Black Sea to Europe. In the 50-50 joint venture, ‘South Stream’ stretch of pipeline is 900km, which will pass through Bulgaria and...

French Out and Russians In!

Ali — Sun, 13 Jul 2008 23:53:49 +0000

Following Total decision to abandon developing Southern Pars, Gazprom, Russian natural gas monopoly OAO, stepped in to fill the void. Its Chief executive Alexei Miller met Iranian President Mahmoud Ahmadinejad in Tehran and discussed The heads of...

The sinister farce of Kremlin politics

Edward Lucas — Wed, 21 May 2008 05:49:44 +0000

Every new man in the Kremlin enjoys a honeymoon with the West. And in each case that is followed by bitter disillusion: Mikhail Gorbachev caved in to Kremlin hardliners and proved pitifully ineffective; Yeltsin succumbed to alcohol and...