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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
glogg
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).
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