Thermal Kyrgyz cities of Bishkek and Osh began preparations for the transition to fuel oil instead of natural gas. Such a decision taken in relation to the sharp increase in the cost of gas from 1 January 2009, reports OAO Power Station. (more…)
Shareholders of the British Imperial Energy will agree to the takeover of Indian oil and gas corporation ONGC. (more…)
Shell sold the Dominican Republic share in the refinery REFIDOMSA for $ 110 million One of the world’s largest oil companies Royal Dutch Shell PLC has completed a deal to sell its 50%-third share in the refinery Refineria Dominicana de Petroleo, SA (REFIDOMSA) Dominican Republic for $ 110 million (more…)
We have no intention now to buy a particular share. This may be 2,3,4,5 and 10%. Once a suitable offer price, and comes right moment, we do buy , – said the Libyan ambassador to Italy Hafedh Gaddur. (more…)
The representatives of LUKOIL and two Argentine companies – Enarsa and Pobater SA – Signed a memorandum under which LUKOIL will be the first company to deliver oil products and other infrastructure will be used for fuel storage. (more…)
As at 10 December “basket” of OPEC fell by 25 cents, after the previous two days it had risen to $ 1.52. Meanwhile, the basket price has changed little and, as at 10 December officially stood at 37.94 U.S. $ / bbl. (more…)
Energosoglashenie provides for the purchase of Gazprom oil 51% stake in Serbian enterprises NIS (NIS), the construction of the Serbian branch pipeline Southern stream and the completion of gas Banatski Dvor . (more…)
According to the Office of Energy Information (EIA), oil reserves in the U.S. rose for the week ending December 7, at 400 thousand barrels to 320.8 million barrels. (more…)
The Russian energy giant Gazprom gave a warning that a transit pipeline system, which comes to Europe most of the Russian gas this winter may work only intermittently because of the chronic neglect of Ukraine. (more…)
Oil traded below $ 44 oil quotes in Asian trading today kept below 44 dollars a barrel after the previous day, they added more than 3% due to the fact that Saudi Arabia agreed to reduce supply in January before the OPEC summit next week. (more…)