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Archive for December 4th, 2006

Russia: India will join Sakhalin-3

Russia has said India will participate in exploration and production of crude and gas in the Sakhalin-3 field. India will have a privilege of taking part in the exploration and production of crude and natural gas from the Sakhalin-3 field, said Vyscheslav Trubnikov, Russia's envoy to India.
He said Russia's deputy prime minister who is scheduled [...]

Monday, December 4th, 2006

Sakhalin-2 audit results to be revealed in mid-December

The final results of the comprehensive audit of the Sakhalin-2 project will be revealed in December 2006, Oleg Mitvol, head of Russia's Federal Nature Management Supervision Service, told RBC today.
The audit was completed on November 27, he elaborated, and the report has been drafted already, with only one component, the interpretation of aerial surveys, still [...]

Monday, December 4th, 2006

ONGC gets first shipment of Russian oil

When ONGC bought a 20 per cent stake in Russia's Sakhalin-I project in 2001, it became India's largest overseas investment.
Today the company is finally reaping the benefit of that investment as first batch of crude from Russia has reached India's west coast.
It was the huge Russian tanker that carried crude all the way from Russia [...]

Monday, December 4th, 2006

Warning for communal services issued in Sakhalin hit by cyclone

A warning has been issued for housing and communal services of Russia's Sakhalin Island hit by a snow cyclone arriving from the Sea of Okhotsk.
Snowstorms accompanied by gale-force winds are registered in the region, where temperatures have dropped to minus 17 degrees Celsius. Housing and communal services have been warned about possible emergency situations and [...]

Monday, December 4th, 2006

Kremlin stokes cold war on oil majors

A top Kremlin official has warned western oil giants their money is no longer needed for the development of Russia's huge energy reserves.

President Vladimir Putin's deputy spokesman Dmitry Peskov said Russia's decision to exclude US and European companies from the development of a massive Arctic field earlier this year would not be the last.
While Russia [...]

Monday, December 4th, 2006

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