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Archive for July, 2007

Russia Puts Energy Importers Over a Barrel

Russia, the world's second largest oil exporter and leading exporter of natural gas, has traditionally targeted most of its sales to Europe. But demand for energy products is rising fast in India and China. Hoping to gain both economically and politically, Russia is poised to sell more energy products to Asia. China is the largest [...]

Wednesday, July 11th, 2007

Shell teams up with Rosneft

Russia's state-controlled oil company Rosneft and Anglo-Dutch Shell have signed an agreement on strategic cooperation that stipulates joint exploration, oil production and processing, and the sale of petrochemicals in Russia and abroad.
Rosneft hopes to get a share of Shell's European refineries. However, analysts believe that their immediate cooperation will be limited to Shell financing exploration [...]

Wednesday, July 11th, 2007

Gazprom-Shell Say Whales Safe; Environmentalists Wary

An OAO Gazprom and Royal Dutch Shell Plc joint venture said endangered whales were unaffected by loud noise from oil and gas construction work off the coast of Sakhalin Island, Russia. Environmental groups were unconvinced.
Construction activity has had "no discernable impact'' on the Western Gray Whale population and underwater noise levels remained within agreed parameters, [...]

Tuesday, July 10th, 2007

Sakhalin Energy starts drilling first offshore gas wells in Russia

Sakhalin Energy, the operator of the Sakhalin II oil and gas project off Russia's Pacific Coast, said Monday it had started drilling the first offshore gas wells from the Lunskoye-A platform.
The platform is Russia's first gas-producing offshore platform located at the Lunskoye gas and condensate field, 15 kilometers (9.3 miles) off northeastern Sakhalin. The platform [...]

Monday, July 9th, 2007

Sakhalin Ecologists Criticize Gazprom

For several months last year, Shell fought off daily accusations that its construction of the giant Sakhalin-2 oil and gas project was causing unspeakable damage to the land and animals of the far eastern island.
Then, at a Dec. 21 Kremlin ceremony, welcoming Gazprom as a majority shareholder into the foreign-owned project, President Vladimir Putin declared [...]

Monday, July 9th, 2007

New Airline Yuzhno-Sahkalinsk - Dalyan is Opened Between China and Russia

New regular airline was opened between China and Russia on July 2. Sakhalin Airlines Boing-737 made the first flight between Yuzhno-Sahkalinsk - Dalyan (Liaoning Province, North-East China). As the press service reported, the airplane covered the distance to Dalyan in 3 and a half hours, as Xinhua agency reports.
Flights in this direction will be carried [...]

Sunday, July 8th, 2007

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