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Archive for October 5th, 2006

Gazprom, Gasunie Ink Pipeline Swap

Gazprom will take a share in a Dutch pipeline to Britain while Dutch Gasunie will take 9 percent in Gazprom's Baltic pipeline from Russia to Germany, the firms said Thursday.
The swap will allow Gazprom to bypass possible British objections to its ambitious expansion plans while Gasunie will increase its access to Russian resources in a [...]

Thursday, October 5th, 2006

Dutch won’t block Russian energy firms over Shell

The Netherlands will welcome the expansion of Russian energy firms in the country despite the problems Royal Dutch Shell has encountered in Russia, the Dutch Economy Minister said on Thursday.
"It is true that on the investment climate you always look from a reciprocal point of view," Joop Wijn told a news conference in Moscow.
But he [...]

Thursday, October 5th, 2006

Eni Says Oil Pressure Delaying Swap Deal

Rising pressure against Western energy companies in Russia has delayed a deal between Italy's Eni and natural gas giant Gazprom, Eni chief executive Paolo Scaroni said Wednesday.
Although the Italian oil group, Europe's fourth-biggest, was still working toward closing an asset swap accord with Gazprom by its announced signing date of Oct. 15, that was not [...]

Thursday, October 5th, 2006

Russia to probe Eni unit as Sakhalin contractor

Russia's environmental regulator said on Thursday it would probe a company controlled by Italian energy group Eni working as a contractor on the Sakhalin-2 oil and gas project led by Royal Dutch Shell.
It made the announcement a day after Eni Chief Executive Paolo Scaroni said rising pressure on Western energy companies in Russia had delayed [...]

Thursday, October 5th, 2006

Russian Watchdog Eyes Charges vs Eni Unit On Sakhalin

Russia's environmental watchdog Rosprirodnadzor has passed documents showing environmental violations by Eni SpA's unit Starstroi to the General Prosecutor's office, Russia's Ministry of Natural Resources said in a statement Thursday.
The move comes as Russia raises pressure on Sakhalin Energy Ltd., the international oil and gas consortium which is developing a $20-billion project on Sakhalin Island [...]

Thursday, October 5th, 2006

Rosneft head: Sakhalin shelf key area of oil production growth

Head of the Rosneft oil company Sergei Bogdanchikov said at the Far East International Economic Forum on Thursday that the resource base of the Sakhalin shelf will make it possible to attain the annual level of oil production of up to 90 million tonnes and natural gas - over 20 billion cubic metres. "Thus Sakhalin [...]

Thursday, October 5th, 2006

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