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Archive for December 24th, 2006

Russian bullying over oil is ‘a wake-up call’

Russia's use of energy supplies as a political weapon should be a wake-up call to Britain and the West to deal urgently with the threat, senior Conservatives said last night.
Liam Fox, the shadow defence secretary, stepped up Tory calls for a Nato-style "energy pact" after Gazprom, Russia's state-controlled energy giant, forced the pro-Western former Soviet [...]

Sunday, December 24th, 2006

Gazprom to pay $7.45 bln for control of Sakhalin II

Environmental regulators on Sakhalin have done their job - Russian energy giant Gazprom will pay Royal Dutch Shell, Mitsubishi and Mitsui $7.45 for Sakhalin II, a few billion dollars less than the market price. Russian President Vladimir Putin congratulated the partners on the bargain, and said that the biggest problems were in the past.
Shell will [...]

Sunday, December 24th, 2006

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