Oil & Gas

Russia to Build First Floating Nuclear Power Plant by 2010

The first floating nuclear power plant in Russia will be commissioned in 2010, First Deputy Prime Minister Sergei Ivanov said at a Monday meeting of the government chaired by President Vladimir Putin.

Popularity: 3% [?]

April 9, 2007

Russian Gazprom Plans to Become World’s Largest Energy Company

Russian state-controlled gas monopoly Gazprom plans to become the world’s largest energy company, said the general director of company’s export arm Alexander Medevedev.

Popularity: 1% [?]

April 4, 2007

Russia May Strip PricewaterhouseCoopers of License

PricewaterhouseCoopers (PwC), a respected foreign audit company, may lose its operating license in Russia over accusations from Moscow city tax officials that the company helped the bankrupt Yukos oil company evade taxes, the RIA-Novosti news agency reports quoting an article in the Kommersant daily.

Popularity: 1% [?]

April 2, 2007

Rosneft Buys Its Own Shares for $7.6 Billion

On Tuesday, March 27, a subsidiary of the state-controlled Russian oil company Rosneft a 9.44-percent stake in Rosneft that had been owned by the bankrupt oil giant Yukos at an auction.

Popularity: 2% [?]

March 27, 2007

BASF to Invest $4.7 Billion in Gazprom

Wintershall, the energy division of the chemical company BASF AG, said on Friday, March 23, that it would invest more than €3.5 billion ($4.7 billion) over the next three years, most of it earmarked for its joint venture deals with Gazprom, the state-owned Russian gas giant.

Popularity: 1% [?]

March 26, 2007

Gazprom Helicopter With 6 on Board Goes Missing

A Russian helicopter with six people on board went missing on Wednesday in northern Russia, the Reuters news agency reported quoting a a spokeswoman for the emergencies ministry.

Popularity: 3% [?]

March 22, 2007

Belarus to Charge Rent for Land under Oil and Gas Pipelines

On Tuesday, March 20, the President of Belarus Alexander Lukashenko signed a decree to charge rent on land under power lines, oil and gas pipelines.

Popularity: 2% [?]

March 21, 2007

Jailed Yukos CEO to Be Transferred to Moscow

A Moscow court ordered Mikhail Khodorkovsky transferred from a Siberian prison to a detention facility in the Russian capital amid a new investigation into theft and money laundering charges against the former oil tycoon, The Associated Press news agency reported on Tuesday quoting Khodorkovsky’s lawyer.

Popularity: 2% [?]

Russia to Sign Energy and Metals Deals in Africa

Russia hopes for a package of energy and metals deals with African states, a ministry statement said on Friday, March 16, as a government delegation left for South Africa, Angola and Namibia. Some Russian firms however deny having any such plans.

Popularity: 4% [?]

March 19, 2007

Russian Companies to Explore Oil and Gas in Myanmar

Two Russian oil companies will conduct oil and gas exploration and production in an inland area of Myanmar, sources with the state-run Myanmar Oil and Gas Enterprise said Saturday.

Popularity: 1% [?]

March 17, 2007