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2011-03-24 04:26:00

KYIV, Ukraine, March 24, 2011 /PRNewswire/ -- The Minister of Fuel and Energy of Ukraine Yuriy Boyko announced the plans of the national oil & gas giant Naftogaz to offer part of its shares on the international stock market in 2012-2013. By offering Naftogaz on the stock market the ministry plans to attract some 5-6 billion USD. The decision came as a result of a meeting of the Committee on Economic Reforms, headed by the President Viktor Yanukovych. Yuriy Boyko noted that...

2008-10-31 06:00:18

Rosneft has reported total oil and gas condensate production of 54.7 million tonnes in the first half of 2008, a 0.4% increase compared to the planned volume. Marketable gas production was 5.7 billion cubic meters, up 1.8% compared to the target, which is primarily attributable to improved production at RN-Krasnodarneftegaz, RN-Purneftegaz, Grosneftegaz and the Sakhalin-1 project. From January through June 2008, Rosneft has delivered 24.4 million tonnes of crude oil to its refineries and...

2008-09-30 09:00:50

Russian oil company Rosneft and The World Bank have signed an emission reduction purchase agreement for emission reduction units accumulated as a part of the associated gas utilization project at Rosneft's Komsomolskoye oil field in the Yamal-Nenez autonomous region of Russia. The oil field is being developed by the Rosneft's subsidiary, Rn-Purneftegaz. The World Bank has acted on behalf of the European, Danish, Italian and Spanish carbon funds. During the 20082012 period Rosneft has...

2008-09-18 15:00:32

Excerpt from report by Russian internet news agency Regnum, specializing in regional reporting A ceremony of signing a loan agreement between the Uzbekneftegaz [Uzbek oil and gas] national holding company and the Korean Development Bank for the project "On reconstruction of a facility for primary processing of gas at the Dengizkol gas field with building a gas booster station", the oil company's press service has told the Regnum news agency. The agency's interlocutor said that the...

2008-09-05 12:00:35

Text of report in English by South Korean newspaper The Korea Herald website on 5 September [Lee Sun-young: "KNOC Seeks Sweeter Deal for Russian Oil Project"] Korea will not hurry to participate in the development of an offshore oil field in western Kamchatka, Russia, unless it serves its interests, the head of the country's state-run oil firm said yesterday. "Securing stakes in offshore fields is a top priority for us, but that doesn't mean that we should pursue blindly overseas oil...

2008-08-02 21:00:17

KYIV. Aug 2 (Interfax) - Ukraine is returning to Swiss- registered company RosUkrEnergo an equivalent of the amount of Russian gas consumed in Ukraine in winter 2007/2008, the Ukrainian fuel and energy minister said on Saturday. Russian gas monopoly Gazprom (RTS: GAZP) resells gas it obtains from Central Asia to Ukraine via RosUkrEnergo, which is the exclusive gas exporter to Ukraine and charges $179.5 per 1,000 cubic meters on the Ukrainian border. "In the winter period we had definite...

2008-07-10 00:00:24

MOSCOW. July 9 (Interfax) - Twelve international environmental organizations have asked Exxon Mobil, a U.S. company which operates the Sakhalin-1 project, to change the route of a pipeline that is being built under the project, Worldwide Fauna (WWF) said in a press release. The company is planning to build the oil pipeline through the Piltun Bay, which is part of a marine reserve being set up for the gray whale. The leading environmentalists warned the oil company that the possible death...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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