Russia | Egypt Oil & Gas - Part 53
Romania, Bulgaria to Support New Gas Pipeline
Four ex-communist countries have signed a declaration of support for the construction of a gas pipeline across all four states that will ease dependence on energy coming from Russia. Romania has decided to back a new ...
Norway Overtakes Russia as Western Europe’s Top Gas Supplier
Norway has overtaken Russia as western Europe’s top gas supplier, data from state firms shows, indicating the European Union’s drive to reduce its dependence on Russian energy is bearing fruit. The sharp drop in oil p...
Egyptian-Russian Forum to Expand on Business and Energy Cooperation
Russian and Egyptian ministers of trade and industry are to meet in Cairo during a two-day investment forum on Monday and Tuesday. “The forum, held under the auspices of the ministries of industry of both countries, i...
After Deepwater Horizon Disaster, BP’s Strategy Shits to the East
As 2011 dawned, BP was desperate to turn the page. For nine months, the crisis-stricken oil major had been weathering the US fallout from the Deepwater Horizon disaster, which killed 11 workers and caused the largest ...
Ukraine’s Naftogaz Pre-Pays Russia’s Gazprom with $32m for Gas
Ukraine’s state-run gas company Naftogaz has transferred $32 million (20 million pounds) to Russia‘s gas monopoly Gazprom as a further pre-payment for gas deliveries, a spokeswoman for the company said on ...
Turkey to Re-Link Italy and Russia Gas Plans
OAO Gazprom revived a deal with Saipem SpA to build a gas link through the Black Sea, which was suspended after Russian President Vladimir Putin scrapped the South Stream pipeline to Europe last year. Italy’s biggest ...
Russian Company Acquires Remaing Solimoins Oil, Gas Fields in Brazil’s Amazon River Basin
Russia’s Rosneft oil and gas company has acquired the remaining shares of Brazil’s Solimoins oil and gas fields in the Amazon River basin, Rosneft announced Monday in a statement. “Rosneft’s subsidiary company and Pet...
EU Hopes to Reduce Energy Dependence on Russia with US Help
The European Union is increasing pressure on Washington to include an energy chapter in a planned trans-Atlantic trade deal that would allow U.S. exports of natural gas and oil and reduce the bloc’s dependency on Russ...
