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Archive for November 16th, 2006

Russian fishing boat sinks off Kunashir, 7 men missing

The Russian fishing schooner Yoshi-maru sank off the Kuril island of Kunashir on Thursday.
Seven members of the 14-member crew have been rescued while another seven are reported missing.

Thursday, November 16th, 2006

Aftershocks Rattle Kuril Islands Following 8.3 Quake

Aftershocks rattled Russia's Kuril Islands following yesterday's 8.3 magnitude earthquake, the world's strongest since March 2005, according to the U.S. Geological Survey.
There were 27 aftershocks of magnitude 5 or greater by 11:22 a.m. local time, including a 6.2 magnitude quake at 8:22 a.m., according to the Web site of the USGS. Five of the aftershocks [...]

Thursday, November 16th, 2006

Gazprom Deputy Ryazanov Is Fired

Gazprom on Wednesday fired deputy CEO Alexander Ryazanov, who spearheaded the gas monopoly's expansion into the oil sector after its acquisition of Roman Abramovich's Sibneft last year.
Ryazanov is the most senior Gazprom official to be fired since President Vladimir Putin appointed one of his colleagues from his own St. Petersburg days, Alexei Miller, as the [...]

Thursday, November 16th, 2006

Dutch confident Russia will solve Sakhalin row

The Dutch government is confident that Russia will solve a dispute over the $20 billion oil and gas Sakhalin-2 project and abide by international law, Dutch Economy Minister Joop Wijn said on Wednesday.
The project, led by Anglo-Dutch oil major Shell has come under pressure from Russian authorities since Shell announced last year that costs there [...]

Thursday, November 16th, 2006

Units of BP and Gazprom form Russian natural gas venture

The Russian unit of BP agreed Wednesday to form a joint venture with Gazprom, the world's biggest natural gas producer, as it sought better government relations amid a crackdown on foreign energy companies.
TNK-BP and the Gazprom petrochemical unit Sibur Holding signed an agreement to refine so-called associated gas, which is extracted along with crude oil.

Thursday, November 16th, 2006

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