» 09 November 2008
The index for Volume V of Central Asia Energy Monthly is:INDEX: Volume VTurkmenistanCompaniesBritish Petroleum: Sep 07 p1Buried Hill: Oct07 p1, Feb08 p2Burren Energy: Oct07 p1,Caspro Pipeline Service: Oct07 p6Chevron: July07 p1, Oct07 p1Cifral: Aug 07 p2CNPC: Aug07 p5, Sep07 p5, ...
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» 09 November 2008
The index for Volume V of Caucasus Energy Monthly is:AzerbaijanCompaniesim 28 Maya: Aug07 p4Absheronneft: Sep07 p4, Mar08 p3, June08 p3 p4AIOC: Aug07 p3, Nov07 p3 p4, Jan08 p1Apsheron Investments: Feb08 p2Arcadia: Apr08 p5Azerbaijan Investment Co: Oct07 p6, Dec07 p9,Feb08 p5, ...
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» 09 November 2008
The index to Volume V of Kazakhstan Energy Monthly is:INDEX Volume 5CompaniesAccess Industries: June07 p10, Oct07 p3AES: June07 p10, Oct07 p11, Dec07 p7Agip KCO: Apr07 p2, May07 p4, June07 p3, Sep07p1, Mar08 p2Almatygaz: May07 p2Alties Petroleum: Aug07 p2Alyans Group: Sep07 ...
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» 17 July 2007
The index to Volume 4 of Caucasus Energy Monthly has been published.INDEX: Volume IVAzerbaijanCompaniesim 28 Maya: July06 p3, Dec06 p4, Mar07 p4, May07 p3Addax: Nov06 p7, Mar07 p6AIOC: July06 p3, Aug06 p3, Nov06 p1, Feb07 p4, Apr07 p1Anshad Petrol: Mar07 ...
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» 11 July 2007
The Index for Volume IV of Central Asia Monthly is as follows:TurkmenistanCompaniesAFK-Sistema: May07 p2ALP-SAN: Feb07 p5Analyk Holding: Sep06 p3, Balkanfizika: Sep06 p3, Balkanneftegazstroi: Feb07 p5, Buried Hill: Mar07 p4Burnebitgaz: see BurneftegazBurneftegaz: Aug06 p 3, Oct06 p.5, Nov06 p3, Feb07 p4, ...
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» 03 April 2007
Stroitransgaz has signed an agreement with Saudi Aramco to build an oil pipeline in Saudi Arabia.
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» 03 April 2007
Alstom has signed an agreement to consider the construction of three coal-fired power stations in Sverdlovsk Province.
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» 03 April 2007
BASF expects to sign an asset swap agreement with Gazprom this summer which will raise Gazproms stake in its Wingaz joint venture with Wintershall to 50%.
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» 03 April 2007
Iran has resumed payments for the construction of the Busshehr Nuclear Station and 2,000 Russians are continuing to work there.
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» 14 March 2007
Maktren Nafta has delivered the first load of LPG from Temryuk terminal to Bulgaria in the Gas Oracle.
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» 14 March 2007
Korea Resources Corp and LG International Corp want a share in Elgaugol and the South Koreans are also interested in the Apsat field of Chita province.
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» 14 March 2007
Portenergo plan for an LNG terminal at Ust Luga has been approved after a SIBUR plan lapsed.
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» 13 March 2007
The Nenets Oil Company plans to exercise its right to an increasedstake in the Kharyaga project.
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» 13 March 2007
The completion of Busshehr Nuclear Station is being delayed after discussions on funding between Atomstroieksport and the Iranians ended without agreement.
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» 13 March 2007
Gazprom and Fluxys are to complete an underground gas storage reservoir in Belgium by 2012.
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» 11 March 2007
Tengizchevroil says that the construction of its Second Generation Plant is nearing completion at tengiz oilfield.
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» 11 March 2007
Nico International, Caspian Services Inc and Kazmortransflot are to set up a joint venture for the repair of ships at Bautino.
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» 11 March 2007
The Sumbe company has completed the rehabilitation of the first exploration well at the Arystanov oilfield on the Ust Yurt Plateau.
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» 09 March 2007
Itera wants to see its Zarit joint venture with Zarubezhneft and Rosneft acquire licences for Caspian and onshore blocks in Turkmenistan.
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» 09 March 2007
Rosnedra says that the licence for Kovykta could be amended if a new owner such as Gazprom acquires it from RUSIA Petroleum.
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» 09 March 2007
Dragon Oil has signed a 5-year extension to the contract for the Iran Khazar jack-up which is drilling the Jeitun (LAM) field.
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» 08 March 2007
BOTAS has completed laying its section of the Baku-Tbilisi-Erzerum gas pipeline.
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» 08 March 2007
Palmali has contracted the Krasnoye Sormovo shipyard to build 10 chemical tankers.
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» 08 March 2007
British Petroleum has contracted Reservoir Exploration Technology of Norway to carry out seismic work at Shahdeniz when it has finished working for Agip at kashagan.
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» 06 March 2007
Rosneft spent 1.5 bn Rub on the reconstruction of Komsomolsk refinery in 2006.
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» 06 March 2007
The Gissarneftegaz joint venture between Zeromax and Uzbekneftegaz has begun the production of gas from the Severnyi Nishan field.
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» 06 March 2007
SIBUR and NOVATEK are to set up a joint venture to produce polypropylene at Tobolsk
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» 06 March 2007
Ros-Oil has completed the construction of a trans-shipment station at Baklanka. The oil will be railed to Vitino for export to Europe.
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» 06 March 2007
The PA-B platform will be installed at the Piltun-Astokhskoye oilfield for Sakhalin-2 this summer. The Molikpak, Orlan, Yastreb and LUN-A platforms and the Vityaz complex are already operational.
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» 06 March 2007
Addax has acquired a stake in Naftrans, which owns 50% of Batumi oil port, while Kaztransoil owns the other 50%.
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» 06 March 2007
Euromin Holdings of Cyprus has bought a 49% stake in Ventspils Nafta Terminals, while Ventspils Nafta owns the other 51%.
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» 02 March 2007
Gazprom and British Petroleum have discussed the creation of a joint venture for the production of LNG.
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» 02 March 2007
Gazprom Export and Shell Enerji AS of Turkey have signed a contract to increase gas deliveries to Turkey.
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» 02 March 2007
TMK of Russia is considering the creation of a joint venture with Welspun of India to produce pipe.
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» 01 March 2007
The Asian Development Bank has signed a credit agreement with the Tajikistan Government to finance the construction of a power line to Afghanistan. The Tajiks hope that AES will complete the Rogun hydro station.
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» 01 March 2007
Uzbekneftegaz plans to increase gas exports to Russia by 30% this year with part of the gas sold by RosUkrEnergo to the Ukraine.
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» 01 March 2007
A tender is to be hold for the sale of a 49% stake in Navoiazot of Uzbekistan.
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» 01 March 2007
Kavkaztransservis of Baku has signed a protocol on the construction of a new oil terminal at Garadag.
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» 27 February 2007
The EBRD has bought a stake in Cadogan Petroleum which is working in Poltava and Lvov provinces of the Ukraine.
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» 27 February 2007
Gazprom and Petrobras are likely to set up a joint venture for the production of LNG.
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» 27 February 2007
The Kyrgyz Government has sold its stake in the Kara Balta uranium processing plant to Renova of Russia.
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» 27 February 2007
Samsung are to build 6 Aframax and 2 Handymax tankers for Novoship this year.
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» 25 February 2007
Rosneft plans to buy Zavod Slantsy and build an oil refinery on its site.
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» 25 February 2007
Transbunker-Yug recorded a big decline in oil product sales at Yuzhnyi in 2006 while selling more bunker fuel at Odessa. See March issue of Russian Energy Monthly for details.
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» 25 February 2007
Itera has proposed a project for the output of methane at Ukrainian coal mines.
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» 25 February 2007
Gazprom is suspected of trying to force Fortum out of the St Petersburg electricity market by restricting gas supplies to TGK-1 power stations.
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» 25 February 2007
The Kazakhstan Government has postponed the choice between Shell and ConocoPhillips for the right to explore the Nursultan block in the Caspian because KazMunaiGaz wants a new estimate of reserves. See March issue of Kazakhstan Energy Monthly.
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» 24 February 2007
The second well has come on-stream from the TPG-500 platform at Shahdeniz but the first well remains idle. The gas is being pumped into the Azerigaz distribution system.
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» 24 February 2007
Karasu Operating Company, owned by Nations Energy and SOCAR, plans to produce 350,000 tons from the Mishovdag and Kalamaddin oilfields this year.
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» 24 February 2007
Wartsila has complered the 104 MW modular power station at Baku.
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» 20 February 2007
The "Lukoil Overseas Colombia Ltd" joint venture between Lukoil and Ecopetrol has found 15 mn tons of oil in the Medina structure of the Condor block.
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» 20 February 2007
A Memorandum of Understanding between Lukoil and Qatar Petroleum provides for the Russian company to develop oilfields in Qatar.
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» 20 February 2007
McDermott Caspian Contractors have won a contract from Lukoil subsidiary Nizhnevolzhskneft to build a gas pipeline from the Yurii Korchagin gasfield in the Caspian.
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» 19 February 2007
KazMunaiGaz, Tengizchevroil and Agip KCO have reached agreement on the creation of a system for the shipment of 25 mn t/yr of oil across the Caspian for export through the Baki-Tbilisi-Ceyhan pipeline.
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» 19 February 2007
Turkmenneft has taken possession of a new gaslift compressor station at Goturdepe oilfield. It was built by the Frunze engineering plant of Sumy.
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» 19 February 2007
Kazakhoil-Aktobe has been fined 4.091 bn tenge for flaring gas at the Alibekmola oilfield.
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» 18 February 2007
Turkmenneft claims a year-on-year increase in oil production in January 2007 while it actually declined. The increase of 26% claimed by Nebitdagneft is infeasible while the increases of 19% by Kumdagneft and 5% by Galkynyshneft are equally unlikely. See Central ...
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» 18 February 2007
An LNG terminal under construction by Pars Energy Iran at Serakhs in Turkmenistan is nearing completion.
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» 18 February 2007
ExxonMobil has reached its planned peak level of oil production of 12.5 mn t/yr at Sakhalin-1.
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» 17 February 2007
Gazprom is undertaking an asset swap with Sonatrach. The Algerians have selected 4 gas prospects from the 8 offered by Gazprom, and are preparing a list of Algerian assets to be offered to the Russians.
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» 17 February 2007
Gazprom made a net profit of $17.6 bn in January-September 2006, an increase of 96.7% over the same period of 2005.
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» 17 February 2007
The Priargun uranium mining subsidiary of TVEL increased its sales revenue by 18% in 2006. It is now working the 12th horizon of its Glubokii mine in Chita Province.
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» 09 September 2006
KazAzot of Aktau has sent its first batch of ammonium nitrate to St Petersburg.
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» 09 September 2006
Thyssen-Krupp is considering setting up a joint venture to produce petroleum engineering equipment in Kazakhstan.
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» 09 September 2006
The Apsheron Directorate of Drilling Work has completed 14 development wells at the Balakhany and Bibi-Eibat oilfields.
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» 02 September 2006
Atender is to be held for the construction of the Gardabani-Razdan power line after the Grigrielt company completed its design.
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» 02 September 2006
TengizChevroil has announced its oil output target for this year and says that negotiations on its use of the Baku-Tbilisi-Ceyhan pipeline are continuing. See Kazakhstan Energy Monthly.
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» 02 September 2006
AES subsidiary Nurenergoservis has signed a memorandum with SUAL on electricity from Ekibastuz for a new aluminium smelter.
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» 08 August 2006
Pavlodar oil refinery will produce fuel of Euro-3 and Euro-4 standard following the completion of a hydrogen plant which is now under construction with a Koch Glitsch process.
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» 07 August 2006
Sakhalin Shelf Services has bought the Moskalvo port on Sakhalin Island. It will supply the Elvari Neftegaz joint venture whuch is developing the Kaiganskii-Vastugansk field.
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» 24 July 2006
Kyrgyzneftegaz, Kyrgyzgaz and Gazprom to set up a joint venture in Kyrgyzstan
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» 24 July 2006
Steven Theede resigns as YUKOS President
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» 24 July 2006
ENI expresses concern about Ukrainian gas storage volumes and a possible shortage of gas in Italy this winter.
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» 24 July 2006
Dragon Oil completesa new well at Jeitun oilfield.
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» 24 July 2006
Turkmenneft subsidiaries Burnebitgaz and Kapremontneftegaz report big declines in activity in first half.
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» 24 July 2006
Licences for Ust Olenek, Ust Lena and Vostochno Pribrezhnoye marine hydrocarbon blocks to be auctioned.
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» 24 July 2006
SOCAR to hold tender for its first load of crude to be sold from Ceyhan.
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» 24 July 2006
First oil from Yuzhnyi Iolotan oilfield arrives at Seidi refinery.
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» 24 July 2006
CNPC say they are happy with their 66 million shares in Rosneft.
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» 24 July 2006
TNK-BP licences for 24 fields to be reviewed.
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» 16 July 2006
Central Asia Energy Monthly:INDEX: Volume IIITurkmenistanCompaniesAchak Directorate: July05 p5, Aug05 p4, Sep05 p3, Jan06 p3Ashkhabadgaz: Sep05 p8Ashkhabadteplo: Oct05 p7Balkan Geophysical: Nov05 p6 Balkanneftegazstroi: June05 p3, July05 p4Buried Hill: Nov05 p1 Burnebitgaz: see BurneftegazBurneftegaz: June05 p2, Sep05 p3, Dec05 p2Burren Energy: ...
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» 10 July 2006
Petronas will spend $12 mn on exploration in Uzbekistan this year. It is part of a consortium including Lukoil, CNPC, KNOC and Uzbekneftegaz set up to explore the western shore of the Aral Sea.
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» 03 July 2006
Another well has been completed at Akpatlavuk by Chalyk Energy and Parker Drilling.
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» 03 July 2006
The Chinese company Tuha has started drilling the first of 37 wells to be completed by the consortium of Lukoil and Uzbekneftegaz at Khauzak gasfield.
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» 03 July 2006
Sinohydro will join with Barqi Tajik to Tajikistan to build the Oburdonsk hydro station on the Zerafshan river.
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» 03 July 2006
Caspian Energy Inc has raised $43 mn to finance the drilling of wells by Aral Petroleum.
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» 28 June 2006
DONG of Denmark has contracted to buy 1 BCM/yr of gas from Gazprom with an option to increase it to 3 BCM/yr.
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» 28 June 2006
Repsol is considering a joint venture with Gazprom to build an LNG plant in northern Russia.
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» 28 June 2006
Gazprom is holding discussions with E.ON about the participation of Ruhrgas in the development of Yuzhno-Russkoye gasfield.
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» 28 June 2006
Surgutneftegaz is planning a 40% increase in capital investment in 2007
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» 28 June 2006
Accommodation blocks made by Pharmadale Emtunga AS and drilling modules made by Mercon Steel Structures for AIOC have arrived at Baku for the PDG platform at Guneshli. They will be installed on a platform by MacDermott Caspian Constructors Inc.
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» 26 June 2006
Silovye Mashiny has signed an agreement with Technoimport and Chzhunguer of China to supply equipment for the Vyeyuszyamao therml power station.
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» 25 June 2006
Belon is to build a 3 mn t/yr coal mine at the Yerunakovsk coalfield on the Kuzbass.
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» 25 June 2006
Cogema wants to buy uranium from Uzbekistan
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» 25 June 2006
Sinopec buys Udmurtneft from TNK-BP, but Rosneft wants 51% of it.
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» 25 June 2006
Gazprom is to sell gas from the Ormen Lange field to Britain.
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» 25 June 2006
The Gissarneftegaz joint venture between Zeromax GmbH of Switzerland nd Uzbekneftegaz subsidiary Shurtanneftegaz has started its $400 mn oil production project.
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» 14 June 2006
Elvari Neftegaz has resumed work on the Sakhalin-5 project after the port of Moskalvo re-opened.
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» 14 June 2006
CIRIC of China has bought Nations Energy, which works the Karazhanbas oilfield in Kazakhstan, for $2.2 bn.
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» 14 June 2006
Lukoil will bid to buy a Kuwait Petroleum Corporation oil refinery in Rotterdam.
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» 13 June 2006
Ukrtransnafta has suggested the creation of a joint venture with SOCAR for the refining of Azerbaijan oil in the Ukraine.
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» 11 June 2006
Kazstroiservis has won a contract to build a pipeline from an oil treatment plant to Rostoshi in West Kazakhstan Province.
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» 11 June 2006
KazTransGaz hs signed a memorandum of understanding with Petronas Carigali for the transport of gas from the Barinov, Livanov and Gubkin gasfields in the Caspian through Kazakhstan.
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» 11 June 2006
SAT Operating Aktau says that 1,856 tons of rigid polystyrene has been produced from the Atyrau Plastics Plant since it resumed operations last year.
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» 11 June 2006
The Lukoil Uzbekistan Operating company has started to deliver equipment for drilling the first well at Khauzak gasfield. It is part of a project including the development of the Khazak, Kandym, Shady and Kungrad fields.
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» 10 June 2006
Atyrau Oil Refinery could merge with Torgovyi Dom KazMunaiGaz
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» 10 June 2006
KazMunaiGaz is to conclude the deal with CNPC for the creation of a joint venture to operate Shymkent Oil Refinery
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» 10 June 2006
Kazakh Contract Agency and Shell Kazakhstan Development BV have met to consider ways of increasing the participation of local companies in Kazakh oil projects.
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» 10 June 2006
A delegation of officials from 14 Scottish companies has visited Atyrau. They include Robert Products, Atlas Winch & Hoist Services Ltd, Global Pipe Components, Rapid Heat Systems, M.S Industrial Services, Bridon International Services, MacLean Electrical Group, Smith Electrical Ltd, BEL ...
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» 09 June 2006
SOCAR has paid 229 mn new manats in taxes during January-April and redced its tax arrears by 150 mn manats.
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» 09 June 2006
The Japanese Government has given a grant of $8 mn for the reconstruction of the Mushvig sub-station in Baku.
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» 09 June 2006
President Aliev has visited Paris and held discssions with the Presidents of Total and Technip
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» 09 June 2006
The CWI (compressor and water injection) platform at Central Azeri oilfield has started pumping associated gas back into the Pereryv reservoir at Central Azeri
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» 09 June 2006
The Baku-Tbilisi-Erzerum (South Caucasus) gas pipeline is being filled with gas in preparation for the commissioning of the Shahdeniz gasfield.
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» 06 June 2006
Gazprom has held discussions with the Slovenian Minister of the Economy on increasing gas supplies to Geoplin Ljubljana.
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» 06 June 2006
Gazprom has held discussions with Chiyoda on the development of the Shtokman gasfield.
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» 06 June 2006
Soyuzneftegaz is to invest $32 mn in Syria this year following an agreement with Syrian Petroleum.
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» 06 June 2006
Gazprom has been discussing the joint development of energy projects with Sonatrach.
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» 05 June 2006
Barmek Azerbaijan paid $17.98 mn in taxes during January-May and has no debts to Azerenergy or the tax authorities according to its President, Hussein Arabul.
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» 05 June 2006
The EBRD has opened a $150 mn credit line to Azerenergy for the reconstruction of the Azerbaijan power station at Mingachevir.
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» 05 June 2006
Gazpromneft has been registered for tax in St Petersburg and expects to build 50 new filling stations in the city.
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» 05 June 2006
Rosnedra has postponed a decision on the confiscation of the licence to develop the Kovykta gasfield until after the latest round of negotiations between Gazprom and TNK-BP.
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» 05 June 2006
TVEL has bought an additional 4% stake in Atomstroieksport from Gazprombank, thereby returning the company to direct state control.
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» 05 June 2006
The infrastructure necessary for the delivery of oil from Kashagan for export through the Baku-Tbilisi-Ceyhan pipeline will not be in place before 2010.
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» 26 May 2006
SoyuzNefteGaz is to invest $32 mn in Syria this year.
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» 26 May 2006
Gazprom Vice Chairman Ananenkov denies the claim by the IEA that it will not be able to produce enough gas to meet its commitments.
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» 26 May 2006
Urals Energy is to buy an oilfield belonging to Lukoil in Komi Republic.
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» 26 May 2006
ArmRosGazprom is to carry out an IPO in 2007.
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» 26 May 2006
BNP Paribas is to be the financial consultant and Allen and Overy the legal consultants for the expansion of the Nizhnekamsk oil refining and petrochemical coplex.
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» 26 May 2006
The oil pipeline from Kotpeje to Balkanabat has been completed and is under test. The pipeline was built by Turkmenneft jointly with “Caspro Pipeline Service AG” of Liechtenstein, Turkmenneftegazstroi, “Ukrgazpromstroi” of the Ukraine, “Ferrostaal Piping Supply GmbH” of Germany and ...
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» 25 May 2006
Tatneft-Neftekhimsnab has signed a long term contract to send materials to the Inkomtair tyre plant of Shymkent.
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» 25 May 2006
Russneft is to bid for the purchase of an oil refinery at Ashdod, Israel.
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» 25 May 2006
Stroitransgaz is to bid for a pipeline contract in Algeria at a tender held by Sonatrach
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» 25 May 2006
Russneft is to buy new assets in Azerbaijan, Kazakhstan, Algeria and Mauritania.
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» 23 May 2006
Atostroieksport wants to build nuclear stations in Turkey.
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» 23 May 2006
TVEL has beaten Westinghouse to win the contract to supply nuclear fuel to Temelin Nuclear Station.
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» 23 May 2006
Sinopec has joined with Rosneft to bid for the TNK-BP subsidiary Udmurtneft.
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» 23 May 2006
Uzbekneftegaz agrees with the Gazprom proposal for a gas pricing formula.
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» 23 May 2006
Total record at Kharyagina is criticised by Ministry of Natural Resources.
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» 20 May 2006
SOCAR to install 2 new platforms at Neft Dashlary and extend one at Guneshli.
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» 20 May 2006
Korean National Oil Corporation (KNOC) to develop Inam field in Caspian.
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» 20 May 2006
Botas wants $392 mn compensation to changes in Baku-Tbilisi-Ceyhan pipeline.
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» 20 May 2006
Mitsubishi wins tender for next load of AIOC oil sold by SOCAR at Supsa. Glencore wins tender for SOCAR oil from Novorossiisk.
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» 20 May 2006
Eilat Ashkelon wants to buy oil from Baku-Tbilisi-Ceyhan pipeline.
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» 20 May 2006
Middle East Petrol has reduced transit of Kazakh and Turkmen oil to Batumi.
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» 17 May 2006
Sakhalin Energy and Tohoku Electric have signed the contract for the supply of 0.42 mn t/yr of LNG for 20 years.
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» 17 May 2006
CNPC and Gazprom have discussed the route of the $5 bn Western gas pipeline from Urengoi to Urumchi, the construction of which will start in 2008.
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» 17 May 2006
Lukoil is to drill a second exploration well at Yalama according to SOCAR.
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» 17 May 2006
Slovnaft of Bratislava, a subsidiary of MOL, increased its output of oil products by 15.3% in Q1.
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» 17 May 2006
Petronas has started the commercial production of oil from the Diyarbekir field in the Turkmen Caspian. It is the second foreign company to produce oil from the Turkmen Caspian after Dragon Oil.
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» 17 May 2006
Glencore has won the latest tender for SOCAR oil to be sold from Novorossiisk.
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» 17 May 2006
The PSA for the project by Uzbekneftegaz, CNPC, KNOC, Petronas and Lukoil to explore a block in the Aral Sea should be signed before the end of this month with exploration work to start in July.
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» 16 May 2006
Sakhalin Energy and Tohoku Electric have signed a contract for the supply of 0.42 mn t/yr of LNG over 20 years
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» 16 May 2006
CNPC and Gazprom have been discussing the route of the $5 bn Western pipeline from Urengoi to Urumchi, the construction of which will start in 2008.
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» 16 May 2006
Lukoil is to drill a second exploration well at Yalama according to SOCAR.
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» 16 May 2006
Slovnaft of Bratislava increased its output of oil products by 15.3% in Q1 with diesel exports rising by 30%.
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» 14 May 2006
The bank accounts of Barmek Azerbaijan have been frozen making it impossible to purchase electricity from Azerenergy. See May issue of Caucasus Energy Monthly.
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» 14 May 2006
Rosneft subsidiary Vankorneft expects to start producing from Vankor oilfield in 2008, reach peak 19 mn t/yr by 2010. The oil will be piped to China and Japan through Taishet-Perevoznaya pipeline.
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» 14 May 2006
Gazeksport has signed long term has supply agreement with Conef SA of Romania.
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» 14 May 2006
Tekhnopromeksport has declined request to build Tabas thermal power station in Iran.
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» 14 May 2006
Rosatom and Kazatomprom discuss joint uranium mining projects in Kazakhstan. See May issue of Kazakhstan Energy Monthly.
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» 14 May 2006
Pars Energy is working ahead of schedule to build the new Kiyanly oil export terminal for Turkmenbashi oil refinery, See May issue of Central Asia Energy Monthly.
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» 13 May 2006
British consortium to invest $3 mn in Baissun and Shargun coalfields belonging to Shargunugol.
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» 13 May 2006
Lukoil says it will work the Kongirot gasfield as part of the Kandym, Shady and Khauzak project.
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» 13 May 2006
Chinese to finance construction of Andijan and Akhangaran hydro stations after second phase of Tupolang station postponed.
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» 14 October 2005
Dragon Oil is to invest $100 mn in its Cheleken contract zone this year.
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» 14 October 2005
Sakenergoremonti of Georgia has signed a contract with Silovye Mashiny for the reconstruction of the Gumati hydro station.
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» 14 October 2005
Turkmen gas production rose strongly in September while exports rose 10.3%.
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» 14 October 2005
Sakhalin-2 PSA will not be revised.
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» 14 October 2005
The Georgian section of the Baku-Tbilisi-Ceyhan pipeline has been filled with oil. SOCAR President Natig Aliev says that the first oil will be exported from Ceyhan at the end of December.
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» 07 October 2005
Nakhchivan is to stop importing electricity from Yurkey in 2007 after the Babek power station is recommissioned.
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» 07 October 2005
SOCAR produced 6.72 mn t of oil in January-September including 5.99 mn t by Azneft. AIOC produced 1,186 MCM of ggas.
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» 07 October 2005
10 closed oil wells are to be recommissioned at neft Dashlary oilfield by SOCAR.
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» 07 October 2005
Garadag and Kalmas underground gas storage reservoirs now have a record 900 MCM of gas.
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» 07 October 2005
The Chinese section of the Arasu-Alashankou oil pipeline has been completed.
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» 07 October 2005
CNPC and Kazmunaigaz are to explore the Darkhan prospect.
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» 05 October 2005
The commercial production of oil from the Chaivo field being developed by the Sakhalin-1 project started on 2nd October.
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» 03 October 2005
The index for Volume II of Caucasus Energy Monthly is:AzerbaijanCompaniesAbsheronneft N5 p4, AIOC N6 p3, N10 p4, N11 p1, N12 p2Amerada Hess N1 p1, Arawak N2 p4, Azerbaijan Gas Supply Co Ltd N2 p1 p6, Azerenergy N1 p8, N3 p8, ...
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» 28 September 2005
Lukoil is to drill a second exploration well at Yalama.
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» 28 September 2005
The topsides for the west Azeri drilling and quarters platform have been transported from the Garadag yard to the field and installed on the platform.
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» 28 September 2005
55% of the construction work on the Shahdeniz field has been carried out.
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» 28 September 2005
The Azeri Parliament has ratified the agreement by SOCAR and Rafi Oil to develop the Surakhany oilfield.
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» 28 September 2005
Foreign companies have rejected an invitation to develop the Pirallahi oilfields.
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» 28 September 2005
British petroleum has won a tender to buy the next load of Azeri Light from SOCAR at Supsa.
more »

» 28 September 2005
Oil has been shipped from Supsa to Ceyhan to test the new terminal for the Baku-Tbilisi-Ceyhan pipeline.
more »

» 28 September 2005
Siemens has received a plot of land for the construction of the Sumgait power station.
more »

» 28 September 2005
The Barmek Azerbaijan President faces arrest over tax evasion claims.
more »

» 28 September 2005
The Baku-Tbilisi-Ceyhan pipeline has developed cracks in Georgia.
more »

» 14 September 2005
CNPC-Aktobemunaigaz has announced the discovery of the Umit oilfield close to the existing Zhanazhol. See Kazakhstan Energy Monthly.
more »

» 14 September 2005
ENEL of Italy wants to buy a stake in Mosenergo but is likely to lose out to Gazprom.
more »

» 14 September 2005
Kaliningrad CHPP-2 is due to start generating.
more »

» 14 September 2005
TNK-BP is to make a $5 bn bond issue.
more »

» 14 September 2005
The first pontoon for a construction barge has been completed in Russia for the Kashagan oilfield.
more »

» 14 September 2005
Kenbai oilfield, which belongs to Kazmunaigaz is due to increase oil production.
more »

» 14 September 2005
TNK-BP expects to increase oil production by 6.5% this year.
more »

» 14 September 2005
AIOC had spent $5.649 bn on the Azeri-Chirag-Guneshli project by 1st August.
more »

» 14 September 2005
Lukoil is continuing to negoitiate with SOCAR over the fate of the Yalama project.
more »

» 14 September 2005
ExxonMobil has not yet replied to a proposal by SOCAR on the Nakhchivan project.
more »

» 14 September 2005
Turkmenneft is to build a system for the collection of associated gas at the Keimir, Akpatlavuk and Chekishler oilfields in Balkan province.
more »

» 14 September 2005
Turkmenburgaz has drilled 80,000 metres in the first 8 months of 2005.
more »

» 13 September 2005
The Achak Directorate of Turkmenburgaz has completed a new well at Gazlydepe gasfield.
more »

» 13 September 2005
Technip have completed the installation of a hydrofiner at Turkmenbashi oil refinery.
more »

» 13 September 2005
The Dzharkurganneftepererabotka joint venture between Petromarus of Russia and Dzharkurganneft of Uzbekistan is to build an oil refinery to refine heavy oil from Kokaidy oilfield.
more »

» 13 September 2005
Ashkhabadgaz has received the first batch of pipe from Germany for the renovation of the gas distribution grid.
more »

» 13 September 2005
The Turkmengaz research institute has been designing the exploration and development projects for the Uchaji, Seirab, Tutly, Garashsyzlyk, Baba-Arap, Kerven, Ismail and Gurrukbil gasfields.
more »

» 13 September 2005
Burneftegaz has drilled 110,000 metres.
more »

» 13 September 2005
Kapremontneftegaz of Turkmenistan has repaired 528 wells.
more »

» 13 September 2005
Turkmengeologiya has drilled the 13th well at Iolotan.
more »

» 13 September 2005
JETRO has organised a seminar on environmental protection in Uzbekistan.
more »

» 09 September 2005
Chelyabinsk Pipe Mill is to begin deliveries of pipe to KazStroiServis for the Atasu-Alashankou oil pipeline.
more »

» 09 September 2005
Amangeldy gasfield is to get 2 new wells before the year end and 3 more in 2006.
more »

» 09 September 2005
Cameco President vists Inkai uranium field to be developed by a joint vcenture with Kazatomprom.
more »

» 09 September 2005
Nelson Resources is employing the most modern methods of oil production at its Alibekmola, Kozhasai, Severnoye Buzachi, Karakuduk and Arman fields.
more »

» 09 September 2005
KazMunaiGaz and CNPC sign a memorandum on Chinese participation in the development of the Darkhan field in the Caspian.
more »

» 09 September 2005
CNPC-Aktobemunaigaz has discovered the new Umit field in Aktobe Province.
more »

» 08 September 2005
Russneft is exporting diesel from Syzran oil refinery through a Transnefteprodukt pipeline.
more »

» 08 September 2005
The western section of Azeri oilfield is due to begin producing in mid 2006.
more »

» 08 September 2005
Gazprom wants to raise the price of gas sold to Georgia to $110/TCM.
more »

» 08 September 2005
Barmek Azerbaijan says that it owes Azerenergy $18.4 mn for electricity while Azerenergy says that it is owed $21.6 mn.
more »

» 08 September 2005
The Astara compressor station has been completed in Azerbaijan. It will allow Iran to deliver Azerbaijan gas to Nakhchivan.
more »

» 08 September 2005
Lukoil invested $2 bn in the first half of 2005 compared with an annual target of $4.4 bn.
more »

» 08 September 2005
Gazprom is to supply cheap gas to Ukraine in 2006 in lieu of transit fees, but the process of converting to all-cash [ayments will begin in 2007.
more »

» 08 September 2005
Lukoil has proved up 60 mn toe to A+B+C1 status in first half of this year.
more »

» 08 September 2005
The Ministry of Natural Resources says it will not decide whether to confiscate the TNK-BP licence to develop Kovykta gasfield iuntil net year.
more »

» 08 September 2005
An appeal court has rulked that Samaraneftegaz must pay 8.8 bn Rub of tax arrears and fines.
more »

» 08 September 2005
The boundary of the Chaivo oilfield, being developed under the Sakhalin-1 project, is to be considered by a Government commission.
more »

» 08 September 2005
The first load of LNG bought from British Gas Group and sold to Shell Western BV has been delivered by Gazprom to Cove Point terminal.
more »

» 08 September 2005
Vysotsk coal port exported 2.24 mn t of coal in January-August.
more »

» 08 September 2005
Lukoil denies that it has given the International Pipeline Engineering company permission to sell its oil from Vysotsk.
more »

» 08 September 2005
Wintershall says that Germany will become more dependent on Russia for gas supplies.
more »

» 08 September 2005
The Russian President and German Chancellor have signed an agreement on construction of the North European Gas Pipeline. The consortium will consist of Gazprom, E.ON and BASF.
more »

» 08 September 2005
Latvia is to import poor-quality gasoline from Russia and Belarus to overcome a growing shortage.
more »

» 08 September 2005
The Tainwan nuclear station is to start generating before the end of this year.
more »

» 25 August 2005
British Petroleum is to drill several geo-technical wells in the central part of Azeri oilfield once the Markab ship, which belongs to Fugro, has been repaired by the Azerifugro yard in Baku.
more »

» 25 August 2005
Kuzbassrazrezugol has been accused of illegally minimising its tax burden by exporting coal through its Krutrade exporter, registered in an offshore zone.
more »

» 25 August 2005
Baltenergo has drawn up a plan to export 8.7 twh/yr of electricity from Leningrad Nuclear Station under the Baltic Sea to Finland.
more »

» 24 August 2005
CNPC will pay $4.18 bn for PetroKazakhstan if the Board approves the deal this October.
more »

» 24 August 2005
Maryneftegazstroi has carried out work worth 180 bn manats during the first 7 months of this year.
more »

» 24 August 2005
A new well has been completed at Gazlydepe gasfield and connected to the pipeline system by Lebapneftegazstroi.
more »

» 24 August 2005
Chevron is to sell the filling stations belonging to its Chevron Munaigas Inc, Central Asia Petroleum Company and Texaco Nederland BV subsidiaries in Kazakhstan.
more »

» 24 August 2005
Lukoil has commissioned the first stage of a coke calcination plant at its Volgograd oil refinery
more »

» 24 August 2005
Gazprom denies holding discussions with Citigroup on a possible loan for the purchase of Sibneft.
more »

» 22 August 2005
KazTransGaz, the new owner of Almaty Power Consolidated, say that there will be no power cuts in Almaty this winter.
more »

» 22 August 2005
The Asar Party of Dariga Nazarbayeva has condemned the proposed sale of a 49% stake in KazMunaiGaz subsidiary Razvedka Dobycha.
more »

» 22 August 2005
Intergaz Central Asia has commissioned a new gas measuring station at beineu compressor station, built by Zeinet.
more »

» 20 August 2005
PGNiG increased its net profit by 13.7% in the first half.
more »

» 20 August 2005
Petroneftspetskonstruktsiya is to make filling station equipment for TNK-BP subsidiary Orenburgnefteprodukt.
more »

» 20 August 2005
Statoil has signed a memorandum on cooperation with Murmansk Province to 2008.
more »

» 20 August 2005
The construction of the North European Gas Pipeline has been started in Leningrad Province.
more »

» 20 August 2005
Emasz increased its first-half net profit by 8.9%.
more »

» 20 August 2005
MOL subsidiary TVK of Hungary suffered 17% decline in net profit in Q2.
more »

» 20 August 2005
Revised offer by PKN Orlen to minority shareholders in Unipetrol considered too low.
more »

» 20 August 2005
Table 7 of the CIS and Eastern European Energy Databook 2005 contains data on oil production by Lukoil, Kogalymneftegaz, Langepasneftegaz, Pokachevneftegaz, Uraineftegaz, Yeganoil, Astrakhanmorneft, Kaliningradmorneft, Lukoil-Komi, Nizhnevolzhskneft, Permneft, Lukoil-Perm, Yugraneft, Aksaitovneft, Amkomi, Baitek Silur, Bitran, Investnafta, Kama-Neft, Kharyaganeft, Komikuest, Lukoil-AIK, ...
more »

» 20 August 2005
Table 8 of the 2005 edition of the CIS and Eastern European Energy Databook has data on oil production by the following joint ventures and independents: Abdulinskneftegaz, Aganneftegazgeologiya, Aki-Otyr, Akmai, Aloil, Alrosagaz, Alaniyaneftegaz, Arktikmorneftegazrazvedka, Archinskoye, Archneftegeologiya, Bashmineral, Belkamneft, Belkamneft-Lider, Belye ...
more »

» 17 August 2005
A new crude oil unloading facility has been completed at seidi refinery, which is receiving increasing volumes of oil from Yashyldepe field.
more »

» 17 August 2005
Georgian oil production has declined sharply despite an increase in output by Gruzneft.
more »

» 17 August 2005
Yuganskneftegaz first-half net profit rose 120% to 21 bn Rub.
more »

» 17 August 2005
Bashneft net profit rose 10.7% in first half.
more »

» 17 August 2005
Lukoil is to study data from first well at Yalama before deciding whether to drill the second.
more »

» 17 August 2005
Rosneft wants to buy more YUKOS assets including Samaraneftegaz and Tomskneft to become top Russian oil producer.
more »

» 17 August 2005
Palmali has completed construction of Chingiz Mustafayev tanker.
more »

» 17 August 2005
Gazprom places 5 bn Rub bond issue.
more »

» 17 August 2005
Tender for Chichakli hydro station postponed.
more »

» 17 August 2005
Shirvanoil has increased production by 13%.
more »

» 17 August 2005
Neft Dashlary oil production enterprise has fulfilled first-half production plan.
more »

» 17 August 2005
Oil pumped through the Baku-Tbilisi-Ceyhan pipeline has reached Georgia.
more »

» 17 August 2005
Construction of Sumgait steam-gas turbine power station has been started by Siemens.
more »

» 17 August 2005
Azerneftyag refinery exported 706,000 tons of products in january-July.
more »

» 10 August 2005
Poludniowy Koncern Energetyczny increased net profits by 10% in first half.
more »

» 10 August 2005
Trubnaya Metallurgicheskaya Kompaniya to make share issue.
more »

» 10 August 2005
Demasz net profit rises 43% in Q2
more »

» 10 August 2005
PKN Orlen loses voting rights in Unipetrol.
more »

» 10 August 2005
PGNiG could hold IPO in September.
more »

» 10 August 2005
Gazprom completes purchase of 50% Rosneft stake in Sevmorneftegaz, giving it 100% control. Purchase of 26% Rosneft stake in Rosshelf gives Gazprom control over Shtokmanovskoye and Prirazlomnoye fields.
more »

» 10 August 2005
Khristenko to visit Prigorodnoye LNG plant in Sakhalin.
more »

» 10 August 2005
Amangeldy gas plant nearing completion, will produce gasoline for Zhambyl province.
more »

» 10 August 2005
Azerenergy has drawn up new investment programme.
more »

» 06 August 2005
AIOC has suspended operation of Baku-Supsa pipeline for repair work and of the Supsa terminal for replacement of a pipe to the offshore loading buoy.
more »

» 06 August 2005
Azpetrol opens new filling station in Masalla
more »

» 06 August 2005
TNK-BP accused of tax evasion by Russian Audit Chamber.
more »

» 06 August 2005
Man Ferrostal Industrianlagen has completed a compressor station at Korpeje.
more »

» 06 August 2005
CNPC-Aktobemunaigaz publishes details of CNPC and Visor Investment Solutions shareholdings.
more »

» 06 August 2005
Turkmenabat Drilling Directorate completes new well at Malai gasfield in Turkmenistan.
more »

» 06 August 2005
Aktau Plastics Plant to start producing polystyrene according to SAT Operating Aktau. It is owned by Atoll and KazMunaiGaz.
more »

» 06 August 2005
Lukoil says that Tyub-Karagan well is dry, could pull out of project.
more »

» 06 August 2005
Gazeksport has increased delivery of gas to Azerigaz.
more »

» 06 August 2005
British Petroleim to drill another well at Chirag
more »

» 06 August 2005
SOCAR subsidiary Azneft starts pre-drilling programme at West Absheron field.
more »

» 05 August 2005
United Energy Systems (YeES) announces 1.2% increase in electricity output in 7 months.
more »

» 05 August 2005
Rosenergoatom increases electricity output by 3.7% in 7 months.
more »

» 05 August 2005
Big rise in Sibneft net profit in Q2
more »

» 05 August 2005
TNK-BP begins prorammes to exchange minority shareholdings in 14 subsidiaries for shares in TNK-BP Holdings.
more »

» 03 August 2005
Parker Drilling and Chalyk Energy have completed new wells at Korpeje and Akpatlavuk.
more »

» 03 August 2005
Turkmenneft subsidiary Nebitdagneft has produced 800,000 tons in January-July.
more »

» 03 August 2005
Tirkmenbashi oil refinery recorded a small increase in LPG production in the first half.
more »

» 03 August 2005
Gazlydepe gasfield of Lebap province has produced its first 1 BCM of gas.
more »

» 03 August 2005
United Energy Systems (YeES) recorded a 35% decline in net profit in 2004
more »

» 03 August 2005
AIOC is using the Baku-Batumi railway to export oil from Azeri oilfield.
more »

» 03 August 2005
A fourth pre-drilling well is to be drilled at Shahdeniz gasfield.
more »

» 03 August 2005
Russia produced 270 mn t of oil in January-July, 2.8% up on 2004. Gas production rose by 1.1%.
more »

» 03 August 2005
Sun Oil of Britain has won the tender to buy 164,000 tons of oil from SOCAR to be lifted in August from Novorossiisk.
more »

» 03 August 2005
Marygazdobycha produced 11.9 BCM of gas in the first half of 2005.
more »

» 03 August 2005
Lukoil increased oil production by 4.5% in the first half.
more »

» 03 August 2005
Chelyabinsk Pipe Mill has produced pipe for the Taishet-Perevoznaya oil pipeline.
more »

» 03 August 2005
Gazprom officials have met with BASF to discuss the North European gas Pipeline and joint ventures between Gazprom and Wintershall.
more »

» 03 August 2005
Rosgazifikatsiya could obtain state stakes in gas distribution enterprises.
more »

» 03 August 2005
Lukoil net profit declined by 11.2% in the second quarter.
more »

» 03 August 2005
Zeromax is to invest $400 mn in Uzbek oil and gas fields.
more »

» 03 August 2005
ConocoPhillips wants to raise its stake in lukoil to 20%.
more »

» 03 August 2005
Tomskneft has guaranteed Societe Generale loans to YUKOS.
more »

» 03 August 2005
Sibneft subsidiary Noyabrskneftegaz has started to deliver gas to Omskii Kauchuk synthetic rubber plant.
more »

» 03 August 2005
EBRD and Lukoil have signed the $180 mn credit agreement for the Shahdeniz gasfield and the Baku-Tbilisi-Erzerum gas pipeline.
more »

» 03 August 2005
Turkmenbashi refinery produced 108,600 tons of petcoke in H1.
more »

» 03 August 2005
PetroKazakhstan has reported good exploration results at Kolzhan and Kyzylkiya.
more »

» 03 August 2005
Construction of the Akshabulak gas plant by Petrokazakhstan and Kazgermunai is nearing conclusion.
more »

» 03 August 2005
More than half of the work on construction of the topsides for the East Azeri Platform has been completed at the Garadag shipyard.
more »

» 03 August 2005
The topsides for the compressor and water injection platform at central Azeri has been installed on the platform.
more »

» 03 August 2005
Baiva Energy has drawn up an investment programme for 2005-2007.
more »

» 03 August 2005
Baku Supsa pipeline to stop for 10 days in August, but AIOC has found alternative methods to export oil.
more »

» 03 August 2005
New asphalt plant commissioned at Gazakh.
more »

» 03 August 2005
Baermek Azerbaijan to increase investment in Baku power network.
more »

» 03 August 2005
Over 1 mn barrels of technical oil has been pumped into the Baku-Tbilisi-Ceyhan pipeline.
more »

» 03 August 2005
The cost of the 2005 work programme at theChirag-Azeri-Guneshli project has been substantially increased.
more »

» 03 August 2005
Azerenergy says that Barmek has failed to invest 160 bn manats.
more »

» 03 August 2005
KazMunaiGaz has reported financial and economic data for the first half of 2005.
more »

» 29 July 2005
Gazeksport gas exports increased by 10.9% in the first half of this year.
more »

» 29 July 2005
Gazprom and Total of France have been discussing joint projects in the Middle East.
more »

» 29 July 2005
TNK-BP is to invest $150 mn in Lisichansk oil refinery.
more »

» 29 July 2005
BG Group dispute with the Kazakhstan Government is to be resolved by a task force, which will investigate exports of condensate by BG Karachaganak Distribution and Orensal.
more »

» 29 July 2005
The Heydar Aliev drilling rig could remain without work if Lukoil refuses to drill a second well at Yalama.
more »

» 29 July 2005
British petroleum is said to be interested in bidding for Azerbaijan Qaz Emali gas plant at Garadag.
more »

» 29 July 2005
Almatyteplokommunenergo has manufactured 57 boilers in Kazakhstan.
more »

» 29 July 2005
IFC is to lend Galnaftogaz oil product trader of western Ukraine $25 mn to expand its filling station network.
more »

» 29 July 2005
SUEK has completed a coal improvement plant at Murmansk.
more »

» 29 July 2005
Slavneft achieved a 13.3% increase in oil production during first half.
more »

» 29 July 2005
Russian oil exports increased by 11.6% in first half.
more »

» 29 July 2005
YUKOS subsidiary Samaraneftegaz could lose exploration licences.
more »

» 29 July 2005
Ukraine to build 3rd and 4th reactors at Khmelnitskii nuclear station.
more »

» 29 July 2005
Compressor stations at Ciechanow and Szamotuly commissioned on Polish section of Yamal-Germany gas pipeline.
more »

» 29 July 2005
Torgovyi Dom TNK-Ukraina fined by Ukrainian Anti-Monopoly Committee. Cartel of Ukrtatneft (Kremenchug), LINOS (Lisichansk) and Lukoil-Odesskii NPZ (Odessa) under investigation.
more »

» 29 July 2005
Sibneft is to carry out seismic survey of Anadyr Bay. Sibneft-Chukotka holds licence for Tumanskii block.
more »

» 29 July 2005
Lukoil is to invest $500 mn in renovation of Nizhegorod refinery.
more »

» 29 July 2005
AIOC has started work on its project to develop the deepwater section of Guneshli oilfield.
more »

» 29 July 2005
KazTransOil transported 18.38 mn t of oil in the first half with increased flow along the Atyrau-Samara pipeline.
more »

» 29 July 2005
Over 1,000 problem areas discovered by Intergaz Central Asia on central Asia-Centre gas pipelines.
more »

» 29 July 2005
The Almaty oil tanker has arrived in Aktau port from Vyborg shipyard.
more »

» 29 July 2005
Narimanovneft has completed a new compressor station.
more »

» 29 July 2005
Another compressor is to built at Guneshli.
more »

» 29 July 2005
A new well has been completed at Gum Deniz oilfield.
more »

» 29 July 2005
Chevron has pulled out of the consortium managing the Heydar Aliev oil platform which belongs to Maersk. It has abandoned the Absheron project while Exxon has abandoned the Zafar Mashal and Nakhchivan projects. Lukoil could abandon Yalama.
more »

» 29 July 2005
Gobustan Operating Company has lost a court battle over responsibility for an oil spill.
more »

» 29 July 2005
Azpetrol has opened 2 new filling stations in Gyanja.
more »

» 29 July 2005
Takhiatash power station in Uzbekistan is to be privatised.
more »

» 29 July 2005
Accident at oil platform on 28th May oilfield in Caspian.
more »

» 29 July 2005
Mosenergo has ordered a steam-gas turbine unit from Silovye Mashiny.
more »

» 29 July 2005
Gazprom and BASF discuss gazprom cooperation with Wintershall at Urengoi.
more »

» 29 July 2005
Silovye Mashiny has despatched equipment for El Cajon hydro station in Mexico. It built Aguamilpa and Huites stations in the 1990s and hopes to win contract for La Parota.
more »

» 27 July 2005
Sumitomo Corporation wants to buy YUKOS subsidiary Sakhaneftegaz.
more »

» 27 July 2005
YUKOS stake of 14.5% in Sibneft unfrozen by Basmannyi Court and returned to Abramovich. This stake can now be sold, possibly to Gazprom.
more »

» 27 July 2005
Rosneftegaz is negotiating for a $7.3 bn loan from 6 large Western banks.
more »

» 27 July 2005
Ukraine has re-created the Ministry of Coal.
more »

» 27 July 2005
Gazprom has been enquiring about $12 bn loan to buy Sibneft, but could join with Shell to buy a controlling stake.
more »

» 27 July 2005
Ukrainian Ministry of Fuel and Energy and Iranian Ministry of Oil have soigned memorandum on construction of pipeline through Armenia and Georgia and under Black Sea to Ukraine.
more »

» 27 July 2005
Gazeksport has cut gas supplies to Tbilgaz by 50% for non-payment of bill.
more »

» 27 July 2005
Kazmunaigaz delegation has visited Lotos shipyard in Astrakhan, where a pipelaying barge for Kashagan field is to be built.
more »

» 27 July 2005
Drilling of new well started at Kulandy prospect on northern shore of Aral Sea.
more »

» 27 July 2005
TNK-BP net profit rose by 72% in first half.
more »

» 27 July 2005
Lukoil sells Arktikneft for $40 mn.
more »

» 27 July 2005
Lukoil is to invest $320 mn in upgrade of Odessa oil refinery.
more »

» 27 July 2005
Novatek raises IPO from 17.3% to 19.0%
more »

» 23 July 2005
The foreign managers of SOFAR will earn a rate of 3%.
more »

» 23 July 2005
British Petroleum wants to buy the Azerbaijan Qaz Emali gas plant when it is privatised.
more »

» 23 July 2005
The Heydar Aliev semi-submersible drilling rig could be out of work if Lukoil decides not to drill a second well at Yalama.
more »

» 23 July 2005
KazTransOil transported 18.38 mn t of oil in the first half, exceeding its plan target.
more »

» 23 July 2005
More than 1,000 potential problem areas have been found on the Central Asia-Centre gas pipelines operated by Intergaz Central Asia in Kazakhstan.
more »

» 23 July 2005
SOCAR says that it can find alternative markets for its gasoline and diesel if Saknavtobtransi of Georgia refuses to buy it in 2006.
more »

» 23 July 2005
AIOC is now carrying out work on the preparation of its deepwater project at Guneshli.
more »

» 23 July 2005
SOFAR has allocated a further 45.4 bn manats to SOCAR for its latest contributiuon to the cost of building the Baku-Tbilisi-Ceyhan oil pipeline.
more »

» 23 July 2005
BP Azerbaijan say that the Baku-Tbilisi-Erzerum gas pipeline should be completed by the end of this year. It will be tested with gas from Azeri oilfield becausee the Shahdeniz gasfield will not start producing until late 2006.
more »

» 23 July 2005
Select Energy of Germany has purchased the 6th load of SOCAR oil to be shipped from Supsa this year.
more »

» 23 July 2005
SPI Petrofac has completed 51% of the Georgian section of the Baku-Tbilisi-Erzerum gas pipeline.
more »

» 23 July 2005
Sibneft has started seismic work in the Anadyr Bay offshore of Chukotka.
more »

» 23 July 2005
Lukoil is to spend $500 mn on the reconstruction of the Nizhegorod oil refinery.
more »

» 23 July 2005
The Ciechanow and Szamotuly compressor stations have been commissioned on the Polish section of the Yamal-Germany gas pipeline.
more »

» 23 July 2005
The Ukrainian Government has decided to build two new reactors at Khmelnitskii Nuclear Station
more »

» 23 July 2005
The YUKOS subsidiary Samaraneftegaz could have some of its licences for the exploration and development of oilfields confiscated.
more »

» 23 July 2005
SUEK plans to build a facility for improving the quality of its coal exports from Murmansk. It has acquired equipment from GIPO AG of Switzerland.
more »

» 23 July 2005
Schlumberger and Naftagas of Serbia have been using flexible pump tubing in Turkmenistan. A plant making this tubing has been built at Goturdepe by Naftagas and Kapremontneftegazstroi.
more »

» 23 July 2005
Kyrgyzgaz has signed a contract with Uztransgaz for the import of 350 MCM of Uzbek gas through the Bukhara-Bishkek-Almaty pipeline.
more »

» 21 July 2005
KazMunaiGaz and CNPC have been discussing the plan for a gas pipeline from Kazakhstan to China following the completion of the Atasu-Alashankou oil pipeline.
more »

» 21 July 2005
The Azerbaijan Ministry of Economic Development is opposed to the cancellation of the Barmek Azerbaijan contract.
more »

» 21 July 2005
Sakhalin Energy says that the Sakhalin-2 project is likely to cost $20 bn rather than $12 bn.
more »

» 21 July 2005
Sakhalin Energy has signed a contract to sell 1.5 mn t/yr of LNG to Korea Gas Corporation (Kogas).
more »

» 21 July 2005
Kazneftekhim has re-registered Sagyzoil as Kazneftekhim-Trans joint stock company of Aktobe.
more »

» 21 July 2005
Rosneftegaz is to pay the first tranche for its 10.74% stake in Gazprom in time.
more »

» 21 July 2005
Gazprom has held discussions with Mitsui on the acquisition of Japanese equipment for the construction of a gas processing plant in the Russian Far East.
more »

» 21 July 2005
PetroKazakhstan has been fined $55.4 mn after 7 subsidiaries were found guilty of fixing the prices of oil products.
more »

» 21 July 2005
The Western Siberian Resoureces company of Sweden has bought a small Russian oil company with licences for 2 fields.
more »

» 16 July 2005
Salyanoil is producing ahead of target from Kyursangi, Garabagly and Babazani oilfields.
more »

» 16 July 2005
Stabil Drill has set up a joint venture with Caspian Oil Services and opened an equipment hire and repair shop in Baku.
more »

» 16 July 2005
Neftegaz Ukrainyi is to sign a contract to buy 11 BCM of gas from RosUkeEnergo and Trans Nafta.
more »

» 16 July 2005
Azeri oilfield despatched 93 MCM of gas to Sangachal during May-June.
more »

» 16 July 2005
BOTAS say Shahdeniz will supply 15% of Turkish gas needs.
more »

» 16 July 2005
A SOFAR delegation has visited Alaska to learn about the Alaska Permanent Fund.
more »

» 16 July 2005
Lukoil has received a $110 mn credit from EBRD towards its share of the investment in Shahdeniz gasfield.
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» 16 July 2005
CEZ has drawn up a restructuring plan which will save 5 bn koruna by 2008.
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» 16 July 2005
Turkmengaz is continuing to install more gasfield equipment at 10 iyl Garashsyzlyk, Yelgui and Malai gasfields and CNODC has nearly finished its renovation programme at Shatlyk.
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» 16 July 2005
PetroKazakhstan reports good results from exploration drilling at its Kolzhan licence block.
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» 16 July 2005
PKN Orlen has drawn upo another plan to cut operating costs, mainly at the Anwil petrochemical complex at Wloclawek and the Trzebinia and Jedlicze refineries.
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» 16 July 2005
Sibneft profits declined in 2004.
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» 16 July 2005
Offers made for Bydgoszcz combined heat and power plant.
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» 16 July 2005
United Energy Systems (YeES) and RUSAL sign an agreement to build the Boguchany hydro electric station in Krasnoyarsk province.
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» 16 July 2005
Lotos has signed a contract to supply Statoil filling stations in Poland.
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» 16 July 2005
PKP has sold a 37% stake in Przyjazn for 562 mn zloty
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» 16 July 2005
Turgai Petroleum has won two law suits against PetroKazakhstan. See Kazakhstan Energy Monthly.
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» 16 July 2005
Capital investment by Azneft rose 30% in the first half of 2005.
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» 16 July 2005
KazTransOil has announced its profits and dividends for 2004.
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» 16 July 2005
MOL reports a big rise in profits during the first quarter of 2005, mainly from its refining and marketing division.
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» 16 July 2005
The Hungarian Energy Office has approved the partial sale of MOL gas business to EON.Ruhrgas.
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» 16 July 2005
India has agreed to participate in the construction of the Trans-Afghan gas pipeline from Dovletabad in Turkmenistan to Fazilka.
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» 16 July 2005
Georgian villagers have brought a law suit against the BTC company alleging damage by the Baku-Tbilisi-Ceyhan oil pipeline.
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» 16 July 2005
Oil refining by Turkmenbashi refinery increased by 111,000 tons in fisrt-half 2005.
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» 16 July 2005
Lukoil Americas Holding Ltd is to advertise the Lukoil brand name in USA.
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» 16 July 2005
The construction of the Karashur underground gas storage reservoir in Udmurtiya has been completed.
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» 16 July 2005
Uzbekneftegaz and Gazprom have signed a medium-term agreement on the transit of gas across Uzbekistan. Uztransgaz and Gazeksport have signed another agreement on the export of Uzbek gas to Russia.
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» 16 July 2005
Moncrief Oil has brought an action in Texas against Gazprom, Zapsibgazprom and Severneftegazprom to claim a right to work the Yuzhno-Russkoye gasfield.
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» 16 July 2005
The Kazakh Prime Minister has visited the oil port of Kuryk and the steel components plant under construction by Er Sai Caspian Contractor.
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» 16 July 2005
Work on the Atasuu Alashankou oil pipeline is 30% complete and Rosneft has agreed to export oil to China through it. See Kazakhstan Energy Monthly.
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» 16 July 2005
The volume of oil pipelined by KazTransOil has declined slightly as more Kazakh oil is shipped through the Caspian Pipeline Consortium line.
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» 16 July 2005
SOCAR has failed to meet its plan target for exploration drilling. See Caucasus Energy Monthly.
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» 16 July 2005
Lukoil Neftokhim of Burgas is to invest 500 mn euros on improvements to oil product quality at Odessa refinery.
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» 16 July 2005
Arnold Worldwide of Boston has won a $30 mn contract to promote Lukoil filling stations in USA.
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» 09 July 2005
Heydar Aliev oil refinery exported 460,000t of oil products in January-June
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» 09 July 2005
Barmek Azerbaijan has lost its contract to distribute electricity for Azerenergy.
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» 09 July 2005
Gazprom is preparing a $1.9 bn eurobond issue to re-finance the Blue Stream Pipeline Company BV
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» 09 July 2005
The EBRD is awaiting an environmental impact report before it lends more money for the Sakhalin-2 project.
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» 09 July 2005
Turkmenistan gas production rose sharply in June as exports to Ukraine increased.
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» 09 July 2005
Sumy Engineering Plant is installing gas compressors for a new gaslift station at Goturdepe.
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» 09 July 2005
Rosneft has signed a PSA for the development of Kurmangazy oilfield.
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» 09 July 2005
The Rosneft IPO planned for the end of 2006 could see minority shareholders in its subsidiaries take a stake of 7-8% in the company.
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» 09 July 2005
Yuganskneftegaz has drawn up a business plan for 2005-2006.
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» 09 July 2005
Rosneft could invite a foreign company to take part in the Vankor project, but not before autumn 2006. The first drilling rig has arrived at Dikson.
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» 09 July 2005
The Turkmenneftegaz refineries at Turkmenbashi and Seidi refined 3.45 mn t of oil and condensate in first half.
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» 09 July 2005
The Naip LNG complex is working at above capacity.
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» 09 July 2005
The construction of the gas pipeline from Bursa to Komotini has started. It will carry gas from Shahdeniz to Greece and then on to Italy.
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» 09 July 2005
Gazprom and Royal Dutch Shell are to carry out an asset swap with Gazprom buying into Sakhalin-2 while Shell take a stake in the development of the Neocomian Suite at Zapolyarnoye.
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» 09 July 2005
Surgutneftegaz increased oil production by 8% in the first half.
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» 09 July 2005
Gazprom has been negotiating to buy Sibneft after it paid out $2.3 bn in dividends.
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» 09 July 2005
United Energy Systems (YeES) and the Kazakh Government are to set up a joint venture to operate and expand Ekibastuz No.2 power station.
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» 09 July 2005
Putin says that the 2006 G8 summit will be held in St Petersburg and will be dominated by energy supplies.
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» 09 July 2005
Exports of Lukoil oil products from Vysotsk are rising rapidly.
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» 09 July 2005
Kaspoil has lost its licence to work the Dmitrovsk block in the Dagestan sector of the Caspian.
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» 09 July 2005
The Kurmangazy field will get $23 bn of capital investment and will produce 60 mn t/yr from reserves of 980 mn tons.
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» 09 July 2005
The CPC pipeline from Tengiz to Novorossiisk carried 14.4 mn t in H1, up 36% on 2004.
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» 09 July 2005
ExxonMobil has delivered its first batch of Azeri oil from Batumi. It was railed to Batumi by Azpetrol.
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» 09 July 2005
AIOC produced 163 MCM of gas in June.
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» 09 July 2005
The first well at Tyub-Karagan field may turn out to be dry
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» 09 July 2005
BG Group may invest $500 mn in a condensate refinery at Karachaganak.
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» 09 July 2005
Bagaja LNG plant is now under construction by Thermo Design Engineering.
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» 09 July 2005
Turkmenburgaz drilled 60,000 m of wells in H1.
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» 09 July 2005
An electricity failure cost the production of 90,000 t of oil at Tengiz
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» 09 July 2005
The AKS Holding company has been set up to consolidate SIBUR and its subsidiaries.
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» 09 July 2005
Engineering work on the construction base between Nizhneangarsk and Kichera has stopped until the route of the Taishet-Perevoznaya oil pipeline has been agreed.
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» 09 July 2005
The topsides for the water injection and gas compression platform for the Azeri oilfield have been floated out to the field and is being fitted to the jacket. It was built at the Amec-Tekfen-Azfen yard in Baku and will be ...
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» 09 July 2005
The North European Gas Pipeline from Russia to Britain will get a branch to Kaliningrad.
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» 09 July 2005
Russia produced 230.277 mn t of oil and condensate in January-June, with June output close to post-Soviet record levels.
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» 09 July 2005
Goldman Sachs is interested in buying 4.3% of Lukoil.
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» 09 July 2005
Rosneftegaz has completed the acquisition of a 10.74% stakke in Gazprom by buying the shares from 4 Gazprom subsidiaries for 209 bn Rub.
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» 09 July 2005
Rosneft now has debts totalling $22.65 bn.
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» 09 July 2005
Russia wants to complete the first reactor at Busshehr nuclear station as soon as possible and then tender for the construction of the second reactor.
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» 09 July 2005
KazTransGaz subsidiary Intergaz Central Asis has obtained a loan for the construction of a 4th unit at Opornaya compressor station. It will be built by Man Turbo AG.
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» 09 July 2005
Sibneft has won the tender for the licence for Tympuchikansk oilfield in Yakutiya. It already has the licence for the Srednetaimurinsk field in Krasnoyarsk Province.
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» 09 July 2005
Caspian Energy Group are to drill 5 test wells at Kyurovdag oilfield.
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» 09 July 2005
St Petrsburg oil product export terminal has reached a new monthly record for the export of products.
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» 05 July 2005
Statoil have signed a memorandum with Kazmunaigaz on an evaluation of the Abai marine block in the Caspian.
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» 05 July 2005
Mittal Steel Temirtau has signed an agreement with the Korgau miners union to end a dispute on the Karaganda coalfield.
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» 05 July 2005
The Almaty tanker has been launched for Kazmortransflot at the Vyborg shipyard.
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» 05 July 2005
HSBC and Citibank have advanced credits for the expansion of the Opornaya compressor station on the Central Asia-Centre gas pipeline in Kazakhstan. The contractor is Intergas Central Asia, a subsidiary of KazTransGaz.
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» 05 July 2005
Karachaganak PO have signed an agreement on improving the environment at the Karachaganak gasfield.
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» 05 July 2005
Chirag oilfield has now produced 300 mn barrels of oil.
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» 05 July 2005
Lukoil plan to increase oil production by 5% and gas by 20% this year.
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» 05 July 2005
UOP have signed a contract with SOCAR to build Alkylene, Oxypro and Butamer plants at the Heydar Aliev oil refinery in Baku.
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» 05 July 2005
The Georgian Saknavtobtransi enterprise, which is the biggest importer of oil products from Azerbaijan, will adopt EU quality standards from next year.
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» 05 July 2005
Lukoil has reached agreement with Gazprom on the pipelining of gas from its fields in the Bolshekhetta region of Western Siberia.
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» 05 July 2005
SOCAR is to invite foreign specialists to estimate oil reserves at its Karabakh prospect in the Caspian. The CIPCO consortium of Pennzoil, Agip, Lukoil and SOCAR pulled out of the project in 1998.
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» 05 July 2005
British Petroleum has expressed interest in exploring the Iki Gardash Dashi prospect in the Caspian.
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» 05 July 2005
SOCAR will strive to maintain the 2005 level of oil production in 2006.
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» 05 July 2005
Gazprom say that their gas pipeline system has is operating at its maximum technical capability.
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» 05 July 2005
The Sakhalin shipping season has opened with the first load of oil carried from the Vityaz loading complex to Ulsan.
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» 05 July 2005
Gazprom proved 378 BCM of gas up to A+B+C1 standard in 2004.
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» 05 July 2005
Gazprom wants to buy Rosneft assets at the Sakhalin-1, Sakhalin-2 and Sakhalin-3 projects.
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» 05 July 2005
Ruhrgas are to participate with BASF in the construction of the North European Gas Pipeline.
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» 05 July 2005
China Steel of Taiwan is to increase its imports of coking coal from Neryungri.
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» 05 July 2005
SA Holding has won approval from the Federal Anti-Monopoly Service to buy 80% of Silovye Mashiny.
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» 05 July 2005
Gobustan Operating Company is to build a gas compressor station financed by a credit from Arawak Energy Corporation.
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» 05 July 2005
An ExxonMobil delegation has visited Sakhalin as protests erupt at the site of the oil treatment plant being built by Exxon Neftegaz at Nysh.
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» 05 July 2005
Tekhnopromeksport is to build a second 260 MW unit at Kapanda hydro station in Angola.
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» 05 July 2005
Lukoil says that talks on its contract to develop the Western Qurna oilfield are proving difficult.
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» 05 July 2005
Lukoil will join with Gazprom to bid for the licence for a block in the Sakhalin-3 project.
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» 05 July 2005
Lukoil will bid for the right to work the Titov and Trebs fields in Nenets Region.
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» 05 July 2005
The Russian Foreign Minister Sergei Lavrov says that the Busshehr nuclear station will begin operating next year.
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» 05 July 2005
United Energy Systems (YeES) say that the Russian Government should finance construction of the Sangtuda hydro station in Tajikistan.
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» 05 July 2005
Rosneft plans to produce 75.35 mn t of oil this year with output by Yuganskneftegaz rising to 52 mn tons.
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» 05 July 2005
Rosneft and Sinopec are to set up a JV to work the Veninskii block of the Sakhalin-3 project.
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» 05 July 2005
Lukoil and ConocoPhillips have completed the creation of the Naryanmarneftegaz joint venture. It will develop the Yuzhno-Khylchyusk field in 2007 and export the oil from Varandei.
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» 05 July 2005
Exxon Neftegaz are working on a proposal to export gas from the Chaivo, Odoptu More and Arkutun-Dagi fields to China.
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» 05 July 2005
The YUKOS stake in Mazeikiu Nafta should be sold for more than $2 bn according to the Lithuanians.
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» 05 July 2005
Oil from the Verkhnechonsk oilfield will be exported to China and Japan.
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» 05 July 2005
The assembly of the TPG-500 platform for the Shahdeniz gasfield is on schedule.
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» 05 July 2005
Barmek Azerbaijan says that old transformers could fail, causing a blackout in Baku.
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» 05 July 2005
Pavlodar Petrochemical Plant will pay a dividend for Government-owned shares but not those held by Mangistaumunaigaz.
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» 05 July 2005
Russian YeES has won the right to manage the Armenian power grid which is owned by the "Armenian Electricity Network" company. This company is owned by Midland Resources Holding.
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» 05 July 2005
Turkmenbashi oil refinery has refined over 2.5 mn t of oil in January-May.
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» 05 July 2005
Turkmenburgaz has completed a well to 5,000 metres at Beurdeshik.
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» 05 July 2005
Another well has been completed at Severnyi Naip gasfield.
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» 05 July 2005
SUEK are to build a new 12 mn t/yr coal export terminal at Vanino.
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» 05 July 2005
Lukoil, ONGC and CNOOC are said to be interested in buying PetroKazakhstan.
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» 05 July 2005
Sibir Energy hopes to increase its stake in Moscow Oil and Gas Company to 45% by handing over its interest in Yugraneft.
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» 05 July 2005
Mercuria have won a contract to buy 170,000 tons of oil from SOCAR.
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» 01 July 2005
The construction of an oil and gas treatment plant able to handle 450,000 b/d of oil from Kashagan has been started by Agip KCO at Zapadnyi Esken near Atyrau.
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» 01 July 2005
Lukoil has received a credit of $180 mn to finance its 10% stake in the projects to develop the Shahdeniz gasfield and build the Baku-Tbilisi-Erzerum gas pipeline.
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» 01 July 2005
The Heydar Aliev (formerly Leader) semi-submersible has left the Yalama prospect where Lukoil has abandoned an exploration well, and sailed for the Karadashlyk prospect in the Turkmen sector of the Caspian where it will drill a well for Maersk Oil.
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» 01 July 2005
Geldy Mukhammedov has replaced Ilyas Charyev as President of Turkmenneftegaz.
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» 01 July 2005
Modules for the first drilling rig for the drilling of Vankor oilield have arrived at Dikson according to an order by Tyumenneftegaz.
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» 01 July 2005
Gasunie could participate in the construction of the Dutch section of the North European Gas Pipeline.
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» 01 July 2005
BP Azerbaijan has sent 40,000 barrels of oil from Azeri oilield to Batumi by railway.
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» 01 July 2005
ExxonMobil have agreed to pay SOCAR $30 mn compensation for refusing to carry out its contract to drill a second well at Nakhichevan oilield.
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» 01 July 2005
The Novo-Kuibyshev oil refinery, which is owned by YUKOS, has received a tax arrears bill of 161 mn Rub for 2002.
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» 01 July 2005
Statoil and Gazprom are undertaking intensive discussions on the possible joint development of the Shtokmanovskoye gasfield.
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» 01 July 2005
The Bayil Limani marine exploration enterprise says that Guneshli now has 190 wells with 5 more to be drilled this year.
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» 01 July 2005
Azerbaijan commissioned 33 new wells in January-May including 21 by Azneft and 12 by operating companies. The wells were completed by Neft Dashlary (3), 28 Maya (2), Balakhanyneft (1), Gum Adasy (1), Absheronneft (2), Binagadineft (1), Surakhanyneft (1), Bibieibatneft (5), ...
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» 30 June 2005
A Gazprom delegation has visited Yerevan and stated that Gazprom will expand the Abovyan gas storage reservoir, complete the fifth unit at razdan thermal power station and help to build the Iran Armenia gas pipeline.
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» 30 June 2005
Lukoil and Turgai Petroleum have raised an action against PetroKazakhstan in Paris, demanding $220 mn compensation for lost oil exports.
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» 30 June 2005
New wells drilled by Big Sky at Morskoye have proved highly productive.
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» 30 June 2005
North Buzachi Operating Company have completed the construction o a 20,000 b/d oil treatment plant at the North Buzachi field.
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» 30 June 2005
SOCAR have completed two new wells at Guneshli which will raise oil output by 110,000 t/yr. A further 3 wells are under construction.
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» 30 June 2005
The drilling module for the platorm to be installed at the eastern section of Azeri oilield has arrived in Baku from the Netherlands. It was built by Mercon Steel Structures and will be fitted to the platform by McDermott Caspian ...
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» 24 June 2005
Naip LNG plant is likely to produce 130,000 t this year, well above capacity.
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» 24 June 2005
Gazprom subsidiary Overgaz Inc of Bulgaria has chosen a new Board of Directors.
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» 24 June 2005
Khristenko says that Russia will produce 119 mn t of oil in Q3.
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» 24 June 2005
Turkmenbashi refinery recorded a throughput of 2.49 mn t in January-May.
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» 24 June 2005
A new gas well has been commissioned at Yelgui gasfield in Turkmenistan.
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» 24 June 2005
Yakutsk thermal power station has been expended to 320 MW.
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» 24 June 2005
Akron Group has bought the Dorogobuzh nitrogenous fertiliser plant.
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» 24 June 2005
Gazprom has approved an exploration programme to 2030.
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» 24 June 2005
The Turkmenabat Pelvert Burdalyk Farab Turkmenabat power line ring is now under construction. It will provide electricity to new gasfields discovered in the 1990s.
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» 24 June 2005
The Ukrainian Government is investigating the activities of Rosukrenergo.
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» 24 June 2005
Naftobazy, Naftoport and PERN of Poland have reported increases in net profits.
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» 24 June 2005
Zhanazhol oilfield has produced a cumulative 50 mn t of oil according to CNPC-Aktobemunaigaz.
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» 24 June 2005
Gazeksport reports 10.8% increase in gas exports.
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» 24 June 2005
Lukoil has acquired Geoilbent despite law suit by minority shareholder.
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» 24 June 2005
Kazatomprom receives loan of $150 mn to increase uranium production.
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» 14 June 2005
KazMunaiGaz produced 3.8 mn t of oil in January-May
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» 14 June 2005
Atyrau oil refinery refined 1.45 mn t in January-May
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» 14 June 2005
Kaztransoil pipelined15.54 mn t of oil in January-May.
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» 14 June 2005
Intergaz Central Asia carried 55.57 BCM of gas in January-May.
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» 14 June 2005
Karakudukmunai oil production is rising rapidly. See Kazakhstan Energy Monthly.
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» 14 June 2005
North Buzachi oilfield is suffering from declining production.
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» 14 June 2005
Azerenergy has improved its fuel usage rate.
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» 14 June 2005
SOCAR is now receiving and distributing gas from the central section of Azeri oilfield.
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» 14 June 2005
General Director David Morchiladze of Tbilgaz has retired.
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» 14 June 2005
KazMunaiGaz is on course to meet its 2005 oil production target.
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» 14 June 2005
Georgia has reached agreement with Abkhazia on Inguri hydro station.
more »

» 14 June 2005
ONGC Videsh wants part of SOCAR stake in AIOC consortium. GAIL wants to farm into Shah Deniz project.
more »

» 14 June 2005
KCA Deutag in conjunction with International Snubbing Services Inc wins 3-year contract for work at Shah Deniz.
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» 14 June 2005
Kaznetekhim-Kopa is increasing oil production at Kopa field.
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» 14 June 2005
Buzachi Operating will use 100% of casinghead gas by 2006.
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» 14 June 2005
Mangistaumunaigaz has produced 100 mn t of oil.
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» 14 June 2005
BOS Shelf wants to win contracts for work on Kazakhstan Shelf.
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» 14 June 2005
Lukoil to build illing stations and fuel depots in Macedonia.
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» 14 June 2005
British Petroleum is to build 100 new filling stations in Poland.
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» 14 June 2005
PKN Orlen is considering a bid for 51% of Tupras.
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» 14 June 2005
Grupa Lotos IPO a success as shares rise 10% above debut price.
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» 14 June 2005
North European Gas Pipeline capacity to by 55 BCM/yr in 2 strings.
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» 13 June 2005
Salyan Oil says that it has met its legal requirement to clean up contaminated ground in Azerbaijan.
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» 13 June 2005
The Ukrainian company Ukrtransbud is to be charged after investigations revealed that it received gas from Turkmenistan valued at $36/TCM and sold it to UkrAziyaBud for $25/TCM.
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» 13 June 2005
Former Deputy Prime Minister of Turkmenistan Yelly Gurbanmuradov is reported to have died during interrogation after he was charged with stealing nearly $250 million.
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» 13 June 2005
Kazakhoil Aktobe has completed 4 new wells and raised production to 15,600 b/d at Kozhasai oilfield.
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» 13 June 2005
Fargoil Director Antonio Valdes Garcia has been arrested on suspicion that his company helped YUKOS to launder money in Mordovia.
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» 13 June 2005
KASPAR expects to transport 6 mn t of Tengiz oil for Tengizchevroil in 2006.
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» 13 June 2005
KazRosGaz expects to make a profit of $40 mn this year.
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» 13 June 2005
Another gas well has been completed at Yelgui in Turkmenistan.
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» 13 June 2005
The Russian Audit Chamber says that its 24% stake in the Caspian Pipeline Consortium is not bringing the country much beneir.
more »

» 13 June 2005
Gazprom and the Iranian National Gas Company have been discussing the possible construction of pipelines in Iran by Gazprom.
more »

» 11 June 2005
Caspian Shipping Company (KASPAR) is to acquire 10 large tankers to work in the Caspian and denies reports that it will prevent Palmali from working there.
more »

» 11 June 2005
Tengizchevroil expects to sell 1,235,000 tons o sulphur this year and 2 mn t/yr from 2007.
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» 11 June 2005
Lukoil wants to pay a fine of $20 mn to avoid drilling second well at Yalama after first proved dry.
more »

» 11 June 2005
Azerbaijan Minister of Ecology to appeal against court ruling annulling fine for pollution at Kyurovdag and Garabagly oilields.
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» 11 June 2005
SOCAR President Aliev says that it will produce 8.75 mn t of oil this year while AIOC produces 11.5 mn t.
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» 11 June 2005
Turkmenistan produced 28.3 BCM of gas and 3.9 mn t of oil in January-May.
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» 11 June 2005
Toho Gas has signed a contract to buy LNG from Sakhalin-2.
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» 11 June 2005
Dragon Oil says that talks on a possible talkover have ended without result.
more »

» 09 June 2005
Turkmenneft drilling enterprise Burneftegaz has drilled 60,000 metres of wells in January-May at Goturdepe, Barsagelmes and other fields.
more »

» 09 June 2005
Turkmengaz has won a diploma for its environmental protection work.
more »

» 09 June 2005
The Azerbaijan Ministry of Taxes has preferred charges against Barmek Azerbaijan alleging masive tax evasion.
more »

» 09 June 2005
SOCAR President Natig Aliev says that Azerbaijan oil production will rise from 15.5 mn t in 2005 to 20 mn t this year and 50 mn t/yr by 2008.
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» 09 June 2005
Russia plans to export 128 BCM of gas through the Ukraine this year and will supply 23 BCM to the Ukraine in lieu of transit ees.
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» 09 June 2005
EuRoPolGaz says that the capacity of the Polish section of the Yamal-Germany gas pipeline is 22 BCM/yr and it will rise to 28 BCM/yr when the Ciechanow and Szamotuly compressor stations start up.
more »

» 09 June 2005
Sibneft reserves have been calculated by Miller & Lents at4,827 mn barrels of oil equivalent.
more »

» 09 June 2005
Gazprom revenue rose by 20% in 2004 to1,010 bn Rub
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» 09 June 2005
The coordination committee set up by Gazprom and Gaz de France to consider joint projects has had a meeting in Paris. Gazprom sold 13.3 BCM of gas to France last year and 4.9 BCM in January-May 2005.
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» 09 June 2005
Gazprom have been visited by the Spanish Minister of Industry who wants Repsol to participate in the marketing of LNG produced by Gazprom.
more »

» 09 June 2005
Gazprom and Neftegaz Ukrainyi have met to consider the proposed Kazakh-Russian-Ukrainian gas alliance.
more »

» 09 June 2005
Gazprom and CNPC have discussed the prospects for Russian gas exports to China.
more »

» 09 June 2005
Rosneftegaz has now bought a 100% stake in Rosneft from Rosimushchestvo after raising 734 bn Rub from a share issue.
more »

» 09 June 2005
The purchase of Teboil and Suomen Petrooli has given Lukoil 289 filling stations and 132 diesel filling points in Finland. It plans to expand its filling station network.
more »

» 09 June 2005
The Presidents of Lukoil and Gazprom have discussed their strategic partnership for 2005-2015.
more »

» 09 June 2005
Sovkomflot, jointly with NYK of Japan, have won a contract to supply two LG tankers for the Tangguh project of Indonesia.
more »

» 09 June 2005
Lukoil have told Turkmenistan President Niyazov that they would like to develop the Turkmen shelf of the Caspian in conjunction with Dragon Oil.
more »

» 09 June 2005
Transnet say that the Taishet-Perevoznaya pipeline will be filled with Eastern Siberian oil. Surgutneftegaz want to connect their Talakan oilfield to the pipeline.
more »

» 09 June 2005
British Petroleum are to drill a second well at the Inam prospect in the Caspian.
more »

» 08 June 2005
Lukoil has been invited to participate in the modernisation of Seidi oil refinery in Turkmenistan.
more »

» 08 June 2005
YUKOS made a net loss of 417 bn Rub in 2004
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» 08 June 2005
Azerneftyag exported 415,000 t of oil products in January-May.
more »

» 08 June 2005
Heydar Aliev refinery exported 147,167 tons of oil products in May. See June issue of Caucasus Energy Monthly.
more »

» 08 June 2005
SOCAR exported 815,199 tons of crude oil in 5 months, 23% down on 2004.
more »

» 08 June 2005
Transneft pipelines carried 79.56 mn t of oil, 3.6% up on 2004, for export to foreign destinations in January-May.
more »

» 08 June 2005
Azerkhimiya wants to merge with SOCAR to guarantee gasoline supply.
more »

» 08 June 2005
CNPC-Aktobeminaigaz stops flaring at Kenkiyak after pipeline to Zhanazhol gas plant completed.
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» 08 June 2005
Azerigaz say that Georgian request for 3 BCM/yr of gas through Garadag-Tbilisi gas pipeline is impossible.
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» 08 June 2005
Gazprom revenue rose 19% in 2004.
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» 08 June 2005
Rosenergoatom and Electricite de France to supply MOX fuel to Kalinin nuclear station.
more »

» 08 June 2005
Karazhanbasmunai produced 582,736 tons of oil in Q1, nearly all exported. See Kazakhstan Energy Monthly.
more »

» 08 June 2005
ExxonMobil to rail 321,000 tons of oil from Azeri oilfield to Batumi for export in June-September.
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» 06 June 2005
Dresdner Kleinwort Benson have valued the 10.74% of shares in Gazprom which the Russian Government needs to give it a controlling stake at $10.2-11.5 bn while, if valued on the basis of the Gazprom share price in Russia, it is ...
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» 06 June 2005
The Russians have agreed to the expansion of the Tengiz-Novorossiisk oil pipeline after the other shareholders in the Caspian Pipeline Consortium agreed to a small increase in the tariff for transporting oil.
more »

» 06 June 2005
Gazprom has been discussing gas sales to Luithuania with officials from Lietuvos Dujos, Dujotekana and Achema Group.
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» 06 June 2005
Dragon Oil have suspended the test of their LAM 10/110 well at Jeitun after the peroration guns got stuck. The Iranian Khazar jack up has been skidded back to well 10/110 to sort the problem and will then resume drilling ...
more »

» 06 June 2005
Kazakhstan hopes for an amicable settlement with British Gas over a fine for the alleged illegal export of condensate.
more »

» 06 June 2005
AFSK Industries Ltd of Israel are to supply equipment for communications systems and power lines on gas pipelines in Uzbekistan.
more »

» 06 June 2005
Beltruboprovodstroi is to build an underground gas storage reservoir and new gas pipeline in Kaliningrad province.
more »

» 06 June 2005
A new LNG production plant is to be built on the right bank of the Amu Darya in Turkmenistan. See Central Asia Energy Monthly.
more »

» 06 June 2005
The Ukrainian Prime Minister seems to think that Azerbaijan is going to build a new oil reinery in the Ukraine.
more »

» 06 June 2005
The management of Mosenergo has been criticised by Putin over the Chagino sub-station malfunction and Moscow blackout.
more »

» 06 June 2005
United Energy Systems (YeES) increased electricity production by 1.5% in January-May.
more »

» 06 June 2005
Russia hopes to resolve the Leningradslanets problem by discussions with Estonia.
more »

» 06 June 2005
An initial public offer by Rosneft could take place in summer 2006.
more »

» 06 June 2005
ABB Lummus Global are to supply equipment for Nizhnekamskneftekhim.
more »

» 06 June 2005
Iran is to expand the capacity of Neka port from 10 to 18.25 mn t/yr and expand the scope of the swap scheme accordingly. It is also considering building a pipeline from Kazakhstan to Kharg Island. The aim is to ...
more »

» 06 June 2005
The BTC company has completed the testing of the Azerbaijan section of the Baku-Tbilisi-Ceyhan pipeline.
more »

» 06 June 2005
Georgia wants to buy 3 BCM/yr of gas from Azerbaijan.
more »

» 01 June 2005
Chevron and ExxonMobil well-positioned for Sakhalin-3 auction according to Trutnev.
more »

» 01 June 2005
Gazprom debt stood at $18.4 bn at end of 2004.
more »

» 01 June 2005
Azneft well stock rose by 111 in 2004.
more »

» 01 June 2005
Sakhalin Energy signs contract to sell LNG to Tohoku Electric.
more »

» 01 June 2005
Novatek is to sell its stake in Geoilbent.
more »

» 01 June 2005
OMZ has modernised a walking dragline excavator for Eesti Polvkivi.
more »

» 01 June 2005
Federal Network Company is to invest 27.695 bn Rub in modernising the power line grid in 2005.
more »

» 01 June 2005
Chernobyl is to get a new sarcophagos for completion by 2009 at a cost of $1 bn.
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» 01 June 2005
Gazprom and TNK-BP have discussed the development of the Kovykta gasfield.
more »

» 01 June 2005
Gazprom is to expand its "Gazenergoset" liquid gas distribution enterprise.
more »

» 01 June 2005
Severstal is expanding its output of steel for TMK to manufacture into pipe for the Taishet-Perevoznaya oil pipeline.
more »

» 01 June 2005
KASPAR and Kazmortransflot are to carry 50 mn t/yr of oil when Kashagan comes on-stream.
more »

» 01 June 2005
Marubeni is considering the production of benzene at Atyrau oil reinery.
more »

» 01 June 2005
KazMunaiGaz has completed a seismic survey of Kulandy Zapadnaya oilfield.
more »

» 01 June 2005
AEGaz-Terminal is to build a terminal for the trans-shipment of Kazakh oil at Kerch in the Ukraine.
more »

» 30 May 2005
Aleksei Miller and Lord John Browne have discussed cooperation between Gazprom and British Petroleum.
more »

» 30 May 2005
Gazprom and PetroCanada are to build an LPG plant in Leningrad Province.
more »

» 30 May 2005
Gazprom and Citigroup have discussed the liberalisation of the market for Gazprom shares.
more »

» 30 May 2005
YUKOS will export 230,000 tons of oil to China in June while Rosneft will send 430,000 tons.
more »

» 30 May 2005
Gazprom has confirmed its production plans for this year.
more »

» 30 May 2005
Gazprom and Wintershall have discussed the prospects for increased gas sales in Europe.
more »

» 30 May 2005
Gazprom and E.ON Ruhrgas AG have discussed the realisation of their memorandum on energy saving.
more »

» 30 May 2005
Ai-Dan Munai has published data for 2004.
more »

» 30 May 2005
YUKOS has so far paid off $14 bn of its $30 bn tax bill.
more »

» 30 May 2005
Ramco wants to return to Azerbaijan. It left the Muradkhanli project in 2000 after investing $21 mn .
more »

» 30 May 2005
The Total oil company of France wants to build a new oil terminal in Azerbaijan.
more »

» 30 May 2005
An exploration well drilled by Lukoil at Yalama has proved dry.
more »

» 30 May 2005
A 500-kv power line is to be built from Aksu power station to the Pavlodar Electrolysis Plant.
more »

» 30 May 2005
Morgan Stanley values 10.74% of Gazprom at $8-10 bn.
more »

» 30 May 2005
EBRD could lend Lukoil $170 mn for Shah Deniz project.
more »

» 30 May 2005
Sakhalin Energy has signed a 20-year deal to sell LNG to Hiroshima Gas.
more »

» 30 May 2005
Nukem is to set up a uranium joint venture in Uzbekistan with Navoi Mining Metallurgical Combine.
more »

» 30 May 2005
The IC is to buy a stake of 1% in Novatek.
more »

» 30 May 2005
British Petroleum is said to favour the sale of the Russian stake in TNK-BP to Gazprom.
more »

» 30 May 2005
Silovye Mashiny has won a $46.5 mn tender to deliver equipment for the Baishi hydro station in China.
more »

» 26 May 2005
Kaspmornefteflot has called a tender for the supply of spare parts for the Suleiman Vezirov pipelayer.
more »

» 26 May 2005
Rosneft could place a blocking stake on world financial markets as an IPO according to a Deputy Minister of Industry.
more »

» 26 May 2005
Lukoil could join with Gazprom to take part in the Sakhalin-3 tender.
more »

» 26 May 2005
Lukoil has forced Turgai Petroleum to leave the Kyzylkiya-Akshabulak-Maibulak project according to PetroKazakhstan
more »

» 26 May 2005
Tolkynneftegaz plans to produce 1.3 BCM/yr.
more »

» 26 May 2005
BMB-Munai has completed the drilling of the third well at Dolinnoye.
more »

» 26 May 2005
Mobilex Energy plans to build a shipyard at Aktau and launch 10 small tankers from it.
more »

» 26 May 2005
Morgan Stanley values Rosneft at $20-28 bn.
more »

» 26 May 2005
TNK-BP and TMK pipe company have signed a $500 mn contract.
more »

» 26 May 2005
Moscow Oil Refinery was stopped by the massive power cut in Moscow on 24th May.
more »

» 26 May 2005
Baku-Novorossiisk oil pipeline not economically viable compared with Baku-Tbilisi-Ceyhan and Baku-Supsa according to Ilkham Aliev.
more »

» 26 May 2005
TNK-BP wants to buy Mazeikiu Nafta.
more »

» 26 May 2005
Kazgermunai joint venture which works the Akshabulak oilfield has been ordered by a court to pay 4 bn tenge ($31 mn).
more »

» 25 May 2005
Tekhsnabeksport (TENEX) expects to account or 30% of Japanese demand for nuclear power plant fuel.
more »

» 25 May 2005
Transneft net profit rose by 31.6% in 2004 to 5.00 bn Rub from a revenue of 152.48 bn Rub.
more »

» 25 May 2005
Silovye Mashiny wins Vietnam hydro power contracts.
more »

» 25 May 2005
Lukoil has held further discussions with Petroleos de Venezuela on oil projects in the Orinoco and Lake Maracaibo regions.
more »

» 25 May 2005
The Indian company ONGC Videsh Ltd is ready to undertake a major investment in the Sakhalin-1 project and would like to be involved in Sakhalin-3.
more »

» 25 May 2005
Rosimushchestvo has asked Morgan Stanley to revise its valuation of Rosneft because it has not been submitted in an acceptable form.
more »

» 25 May 2005
BP Azerbaijan has admitted that the first stage of the Shah Deniz gasfield project in the Caspian will cost $4 bn rather than the initially projected $3.2 bn.
more »

» 25 May 2005
Azeri oilfield has started pumping gas from 4 wells into the Azerigaz distribution network.
more »

» 25 May 2005
Wintershall wants to begin exploration drilling in 6 blocks in the northern part of the Turkmen sector of the Caspian.
more »

» 25 May 2005
R-Trading has won the tender or the 5th load of Chirag oil to be sold by SOCAR from Supsa.
more »

» 25 May 2005
The Sakhalin-1 consortium is considering the export of gas to China.
more »

» 25 May 2005
BMB Munai is resuming the drilling of a well at Aksaz oilfield which was abandoned in 1994.
more »

» 25 May 2005
The cost of building a ship repair yard at Kuryk will be 150% higher than initially planned.
more »

» 23 May 2005
KazGerMunai has reduced output to 3,000 b/d to stop flaring until a gas plant at Akshabulak has been commissioned.
more »

» 23 May 2005
Demand for Gazprom 1 bn euro Eurobond issue exceeded 4 bn euros.
more »

» 23 May 2005
Reconstruction of Azerbaijan power station at Mingechavir has started,
more »

» 23 May 2005
Barmek Azerbaijan has distributed 5 twh of electricity to Baku and Sumgait.
more »

» 23 May 2005
Lenenergo has celebrated 45 years cooperation with Fortum and Imatran Voima.
more »

» 23 May 2005
Azerigaz employees arrested and charged with coruption.
more »

» 23 May 2005
The Kenar oil depot at Turkmenbashi oil refinery is to be reconstructed.
more »

» 23 May 2005
Construction of Aksai-Uralsk gas pipeline to start, will distribute Karachaganak gas throughout West Kazakhstan Province.
more »

» 23 May 2005
US Energy Secretary Bodman to visit Baku and Kiev to discuss energy and nuclear security.
more »

» 23 May 2005
Turkmen Deputy Prime Minister Gurbanmuradov has been dismissed and arrested, charged with theft of $60 mn and 7 bn manats from the oil and gas sector.
more »

» 19 May 2005
Sun Drilling are to drill 2 wells at Morskoye, developed by Kozhan, and 10 wells at Atyrau, developed by Vector Energy West, before the end of this year.
more »

» 19 May 2005
ONGC are to open an ofice in Astana.
more »

» 19 May 2005
SOCAR refineries, Heydar Aliev and Azerneftyag, produced 674,000 tons of oil products in April.
more »

» 19 May 2005
90.2% of Azneft oil production came from the Caspian in january-April.
more »

» 19 May 2005
There are persistent rumours in Moscow that Prime Minister Fradkov will resign next week. If they turn out to be true, then our belief is that he will be dismissed by President Putin due to the poor performance of the ...
more »

» 19 May 2005
Gazprom to export 16 BCM/yr of gas through Blue Stream pipeline to Turkey in 2010.
more »

» 19 May 2005
Gazprom to buy North Transgaz stake from Fortum.
more »

» 19 May 2005
Gazprom and OMV AG sign new agreement on export of Russian gas to Western Europe.
more »

» 19 May 2005
Silovye Mashiny has started work on the renovation of the second unit at Mary power station. See central Asia Monthly.
more »

» 19 May 2005
The Chinese National Oil and Gas Development Corporation has acquired Ai-Dan Munai oil company. See the June Kazakhstan Energy Monthly.
more »

» 19 May 2005
Oil production due to increase at Kyurovdag oilfield. See Caucasus Energy Monthly.
more »

» 17 May 2005
The Japanese Bank for International Cooperation has allocated $270 mn for the construction of the second unit at the Shomali (Severnaya) thermal power station at Baku.
more »

» 17 May 2005
President Nazarbayev has asked Karachaganak PO but build a 0.5 BCM/yr gas pipeline from Aksai to Uralsk.
more »

» 17 May 2005
Abadan power station in Kazakhstan has produced 427 mn kwh of electricity in January-April, 50% up on last year.
more »

» 17 May 2005
The Iran Khazar oil rig is jacking up at the LAM 10 platform at Jeitun oilfield for the workover at the LAM 10/110 well.
more »

» 17 May 2005
Dragon Oil has placed 59.6 mn shares to raise $100 mn for the urther exploration and development of its Cheleken contract area.
more »

» 17 May 2005
The criminal investigation into the explosion at the Shakhtinsk mine on the Karaganda coalfield has been stopped.
more »

» 17 May 2005
The Russian Government has ridiculed suggestions that leading Russian officials earned illegal incomes from the sale of Iraqi oil.
more »

» 17 May 2005
The Intaugol company of the Pechora coalfield has increased coal output by 7.2% in January-April.
more »

» 17 May 2005
The Ekodal ecological group says that it has stopped a feasibility study into the Taishet-Perevoznaya oil pipeline in Khabarovsk province.
more »

» 17 May 2005
CNPC expects to invest $600 mn in the Uzbekistan oil and gas sector.
more »

» 17 May 2005
Sibneft net profit rose 15-fold in 2004, but fell 19% in Q1 of 2005.
more »

» 17 May 2005
TRAO plans to start producing oil in Russia.
more »

» 17 May 2005
Lukoil net profit rose 46% in Q1.
more »

» 17 May 2005
Surgutneftegaz retained earnings rose by 52% in Q1.
more »

» 17 May 2005
Iran and Armenia plan to build Araks hydro station.
more »

» 17 May 2005
Gazprom revenue rises 37.5% in first quarter to 328 bn Rub.
more »

» 17 May 2005
Gazprom has acquired Irkutskgazprom from Vostokgazprom.
more »

» 17 May 2005
Kazakhstan has offered one of Satpayev and Makhambet blocks in the Caspian to ONGC Videsh Ltd
more »

» 17 May 2005
KazMunaiGaz and Korean National Oil Corporation will sign Zhambyl agreement in June.
more »

» 17 May 2005
Karachaganak PO to spend $80 mn on Karachaganak-Uralsk gas pipeline.
more »

» 17 May 2005
Turgai Petroleum says PeterKazakhstan sold 394,720 tons of its oil.
more »

» 17 May 2005
Ukrnafta wants to apply for exploration licences in Kazakhstan.
more »

» 13 May 2005
Kazakhstan oil production rose by 6.7% in January-April while condensate output rose 57.2%.
more »

» 13 May 2005
The jacket for the drilling and quarters platform at west Azeri has been floated out of the Garadag fabrication plant.
more »

» 13 May 2005
Moscow Arbitration Court says that YUKOS must pay Rosneft subsidiary Yuganskneftegaz 62.4 bn Rub.
more »

» 13 May 2005
Severstal buys more mines on the Vorkuta coalfield.
more »

» 13 May 2005
Turkmenbashi oil refinery refined 1,951,800 tons of oil in January-April.
more »

» 13 May 2005
AIOC has increased oil exports considerably since Azeri started producing. It sent 2.744 mn t along the Baku-Novorossiisk and Baku-Supsa oil pipelines in January-April.
more »

» 12 May 2005
Kazakhs get $640,000 grant for Poltoratskoye and Akyrtobe underground gas storage feasibility study.
more »

» 12 May 2005
Mangistaumunaigaz strikes oil at Pridorozhnoye.
more »

» 12 May 2005
Atyrau refinery reconstruction making good progress.
more »

» 12 May 2005
Rosatom says Iranian uranium enrichment programme does not affect Busshehr Nuclear Station project.
more »

» 12 May 2005
Sakhalin Energy permit to explore Aniva Gulf to be investigated.
more »

» 12 May 2005
Russian gold and foreign currency reserves reach new record.
more »

» 12 May 2005
TNK-BP could lose Kovykta licence over delay in exploring and developing the field.
more »

» 12 May 2005
Trutnev says Russia has 89.4 bn toe of established reserves of oil and gas, and 251.6 bn toe of total reserves.
more »

» 12 May 2005
Details of new Barents Sea tenders in the May issue of Russian Energy Monthly
more »

» 12 May 2005
RWE could replace E.ON in Yuzhno-Russkoye gasfield project.
more »

» 12 May 2005
Turkmenistan to spend $27.3 mn on electricity supply to Amu Darya right bank.
more »

» 12 May 2005
Merichem Chemicals Refinery Services to supply Turkmenbashi refinery with equipment.
more »

» 06 May 2005
Gazprom assets were revalued upwards by 40% to 3,520 bn Rub at the end of Q1.
more »

» 06 May 2005
Sibneft beats TNK-BP to win the tender for the Zimneye oilfield in the Uvatsk group of fields in southern Tyumen Province.
more »

» 06 May 2005
Lisichansk oil refinery remains idle for repairs.
more »

» 06 May 2005
Gazprom operational profit rise by 35% and net profit by 5.3% in Q1.
more »

» 06 May 2005
Uzbekneftegaz is to borrow $25 mn from Gazprombank to boost the use of casinghead gas.
more »

» 06 May 2005
The welding of the Baku-Tbilisi-Ceyhan oil pipeline has been completed.
more »

» 06 May 2005
Nelson Resources is discussing with KazMunaiGaz the exercise of its option to buy into the Zhambai company with licences for two Caspian fields.
more »

» 06 May 2005
KazMunaiGaz is to draw up a feasibility study for the Kuryk oil terminal.
more »

» 06 May 2005
Turgai Petroleum has been ordered to reduce oil production at Kumkol North.
more »

» 06 May 2005
PetroKazakhstan achieved a 4.8% increase in oil production in Q1.
more »

» 06 May 2005
The Sakhalin Energy consortium is accused of inflicting economic losses of $2.6 bn on Russia.
more »

» 03 May 2005
Russian oil production rose 3.4% in January-April over 2004 to 152.3 mn tons. Production of 38.0 mn t in April shows that output has reached a plateau for the time being and an annual outcome of 465 mn t is ...
more »

» 03 May 2005
Samaraneftegaz recorded a 90% rise in net profits in Q1.
more »

» 03 May 2005
Novatek increased its net profit by 41% in Q1.
more »

» 03 May 2005
Surgutneftegaz has paid a dividend of 18.97 bn Rub in 2004 compared with 6.33 bn in 2003.
more »

» 03 May 2005
Talimarjan power station will produce 1.58 twh this year according to Uzbekenergo.
more »

» 03 May 2005
Azerifugro has decided not to set up a joint venture in Kazakhstan.
more »

» 03 May 2005
Russian officials say that the Taishet-Perevoznaya pipeline could be extended to Pusan in South Korea because the North Korean Government has said that it wants to take part in the project.
more »

» 03 May 2005
Ryder Scott have calculated the oil reserves of the South West Gobustan block in Azerbaijan.
more »

» 03 May 2005
SOCAR are insisting that ExxonMobil must drill the second well at the Nakhchivan prospect.
more »

» 30 April 2005
Surgutneftegaz is to pay a dividend for 2004.
more »

» 30 April 2005
Lukoil net profit rose 45.7% in Q1.
more »

» 30 April 2005
TBK-BP could stop operations in the Ukraine if the price freeze is extended.
more »

» 30 April 2005
Russia is to raise oil export duty to a record $136/ton.
more »

» 30 April 2005
United Energy Systems (YeES) is to bid for 70% of Turkish company TGR Enerji.
more »

» 30 April 2005
Baku-Tbilisi-Ceyhan oil pipeline almost completed in Georgia.
more »

» 30 April 2005
Keppel Kazakhstan has signed contract with Agip KCO to supply pipe stand and 4 barges for Kashagan field.
more »

» 30 April 2005
Norsk Hydro holds more discussions with Gazprom on participation in Shtokmanovskoye project.
more »

» 30 April 2005
E.ON and BASF in competition for cooperation with Gazprom.
more »

» 30 April 2005
Novolipetsk steel plant wants to buy Prokopyevsk coal producer.
more »

» 30 April 2005
PSAs between SOCAR and Caspian Energy Group, Azen of Turkey and Noble Sky of China ratified by Azerbaijan Parliament.
more »

» 30 April 2005
Russia to choose route for Murmansk oil pipeline soon.
more »

» 30 April 2005
Russia to send 80 tons of nuclear fuel to Busshehr nuclear station.
more »

» 30 April 2005
Stena Bulk and Sovkomflot are to build a new B-Max tanker of up to 250,000 dwt to carry oil from Primorsk to North America.
more »

» 30 April 2005
British Petroleum accused of ignoring labour legislation in Azerbaijan.
more »

» 28 April 2005
Several variants for the merger of Gazprom and Rosneft are under consideration.
more »

» 28 April 2005
Urengoigazprom has received a 2.3 bn Rub tax arrears demand for 2001.
more »

» 28 April 2005
Sempra Energy will operate the natural gas/LNG swap scheme for Gazprom exports to the USA in 2005-2009.
more »

» 28 April 2005
Gazprom and Naftogaz Ukrainy are discussing the gas transit tariff for 2006.
more »

» 28 April 2005
The Ukrainian Government has decided to build an oil reinery at Brody.
more »

» 28 April 2005
YeES (UES) has won the tender to buy the Varna and Ruse power stations in Bulgaria.
more »

» 28 April 2005
Russian railways to ship 680,000 tons of oil to China in May.
more »

» 28 April 2005
TNK-BP has received a 22 bn Rub tax demand for 2001, but BP will not have to pay it.
more »

» 28 April 2005
Tengizchevroil is to invest a total $4.5 bn at Tengiz and Korolevskoye.
more »

» 28 April 2005
The Kazakh Ministry of Energy has ordered Tengizchevroil and PetroKazakhstan to end violations of their licence agreements at Tengiz and Kumkol.
more »

» 28 April 2005
The BG Group wants to take part in the expansion of Orenburg Gas Plant.
more »

» 28 April 2005
Lukoil will start to drill the first well at Tyub-Karagan in May using the Astra jack-up.
more »

» 28 April 2005
Lukoil and KazMunaiGaz have completed the 2-D seismic programme at Atashskii.
more »

» 28 April 2005
The AES power station at Ust Kamenogorsk meets the solvency criterion.
more »

» 28 April 2005
The Korean National Oil Corporation has signed an agreement on the development of the Zhambyl oilfield in the Caspian.
more »

» 21 April 2005
Amangeldy gasfield is producing gas and condensate above plan.
more »

» 21 April 2005
The Baku-Supsa oil pipeline carried 1.7 mn t in Q1
more »

» 21 April 2005
Turkmenneftegaz and Gazprom have signed a gas supply contract for 2005-2006.
more »

» 21 April 2005
Nortgaz earned a revenue of $150 mn in 2004.
more »

» 21 April 2005
SIBUR output rose by 9% in Q1
more »

» 21 April 2005
Russneft wants to build an oil refinery at Yantarnyi in Kaliningrad Province.
more »

» 21 April 2005
A 4th evaluation well is to be drilled at Shah Deniz gasfield.
more »

» 21 April 2005
Lukoil has offered to buy the remaining 6.75% stake in Burgas oil refinery.
more »

» 18 April 2005
Slavneft achieved a 14% increase in oil production in Q1 over the same period of 2004. Its Yaroslavl poil refinery increadsed throughput by 5.3% to 3.1 mn tons. Mozyr oil refinery increased its throughput by 16.4% to 2.467 mn t.
more »

» 18 April 2005
The dispute between Gazprom and Nortgaz reached court.
more »

» 18 April 2005
The President of AIOC meets President Aliev of Azerebaijan as investment in the Azeri-Chirag-Guneshli project reached a total $5.3 bn.
more »

» 18 April 2005
The TPG-500 platform has been transported to the Zykh yard to have its legs fitted. It will then be towed out to the Shah Deniz gasfield.
more »

» 18 April 2005
PetroKazakhstan denies a claim by Lukoil that its stake in Turgai Petroleum has been frozen.
more »

» 18 April 2005
Uzbekistan is to hold tenders for the sale of large stakes in the Syrdarya, Mubarak, Tashkent and Fergana thermal power stations.
more »

» 18 April 2005
The latest round of talks on the use of the Baku-Tbilisi-Ceyhan pipeline to transport oil from Kashagan has been held in Baku.
more »

» 18 April 2005
The loading ceremony for the Baku-Tbilisi-Ceyhan oil pipeline is to take place on 25th May.
more »

» 18 April 2005
Sibneft has agreed to pay tax arrears of $300 mn for 2001 after the Ministry of Taxes wanted $1 bn.
more »

» 18 April 2005
Lukoil is expanding its presence in Finland after buying Teboil and Suomen Petrooli.
more »

» 15 April 2005
Narimanovneft produced 80,980 t of oil in Q1
more »

» 15 April 2005
Izhorskii Zavod of St Petersburg is to manufacture 24 gas holders for Surgutneftegaz
more »

» 15 April 2005
A meeting of companies involved in the transportation of gas tfrom Central Asia to Russia has taken place in Moscow.
more »

» 15 April 2005
The Ministry of Natural Resources has completed work on its new reserves classification.
more »

» 15 April 2005
YeES has started work on Sangtuda-1 hydro station in Tajikistan.
more »

» 15 April 2005
Rosneft is to cooperate with Statoil and Norsk Hydro in the development of oilfields in the Barents sea.
more »

» 15 April 2005
Eurasian Energy Corporation is to spend 757 mn tenge on environmental measures at Aksu power station.
more »

» 15 April 2005
KazMunaiGaz produced 2,241,000 tons of oil in Q1.
more »

» 15 April 2005
Bogatyr Access Komir produced 10 mn t of coal in Q1, 300,000 tons up on 2004.
more »

» 15 April 2005
Embamuinaigaz is to explore the Taisogan prospect in Atyrau Province.
more »

» 15 April 2005
Shell Global Solutions say that the Aktau polystyrene plant will be part of the planned petrochemical complex
more »

» 15 April 2005
Gazprom President Aleksei Miller has visited Ashkhabad and solved the gas price dispute. Russia will pay $44/TCM this year, but entirely in hard currency, while the price will increase next year.
more »

» 15 April 2005
Lukoil President Vagit Alekperov says the company could face a tax claim for 2002-2003, but it will not be catastrophic.
more »

» 15 April 2005
Transneft has received a $250 mn credit for the 3rd stage of the Baltic Pipeline System.
more »

» 15 April 2005
Lord Browne of BP has met with President Putin to discuss reports that TNK-BP will be hit with a large tax arrears demand.
more »

» 15 April 2005
ConocoPhillips CEO Jim Malva has visited the Gazprom office in Moscow to discuss participation in the project to develop the Shtokmanovskoye gasfield.
more »

» 15 April 2005
Anoither closed well has been rehabilitated at Shatlyk gasfield in Turkmenistan by Chinese contractors.
more »

» 15 April 2005
Lukoil is demanding compensation from PetroKazakhstan for losses suffered by its Turgai Petroleum JV when PetroKazakhstan refused it use of a pipeline to export its oil.
more »

» 15 April 2005
Uzbekistan has announced tenders for the sale of large stakes in four power stations.
more »

» 15 April 2005
The Head of AIOC, David Woodward, has met Azerbaijan President Ilkham Aliev to discuss the development of the Chirag, Azeri and Guneshli fields, where $5 bn has now been spent.
more »

» 14 April 2005
Tecnimont has signed a contract to build a polypropylene plant in Omsk province.
more »

» 14 April 2005
The plan by Siemens to buy Silovye Mashiny has been rejected by the Federal Anti-Monopoly Service.
more »

» 14 April 2005
Lukoil increased oil production by 5.3% in the first quarter.
more »

» 14 April 2005
Kazakhstan is to resume exploration for oil in Zaisan District. Zaisan oil is identical to that of the Chinese Karamai field.
more »

» 14 April 2005
Embamunaigaz is to explore an abandoned Russian military range in Atyrau province.
more »

» 14 April 2005
The CPC pipeline carried 7.4 mn t of oil in Q1.
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» 14 April 2005
Altius Petroleum has been charged with making an illegal income by producing oil without a licence at Akzhar oilfield.
more »

» 14 April 2005
Gaz de France plans to expand its presence in Kazakhstan.
more »

» 14 April 2005
Russia, Bulgaria and Greece sign a memorandum on the construction of the Burgas Alexandropolis oil pipeline to bypass the Bosphorus.
more »

» 14 April 2005
Turkmenneft produced 1.872 mn t of oil in Q1 including 396,500 tons by its Nebitdagneft subsidiary.
more »

» 14 April 2005
Dragon Oil has completed the drilling of LAM 10/110.
more »

» 14 April 2005
Iran and Turkmenistan have completed the Druzhba dam and irrigation system with 4 power units of 3.5 MW each.
more »

» 14 April 2005
The Vyborg shipyard has completed a new tanker for Kazmortransflot.
more »

» 12 April 2005
ConocoPhillips wants to raise its stake in Lukoil above the current 10%.
more »

» 12 April 2005
Lukoil exported 900,000 tons of oil through Vysotsk in Q1.
more »

» 12 April 2005
Salyanoil produced an average 917 t/day in Q1.
more »

» 12 April 2005
Azneft completed 14 wells in Q1 including 1 at Guneshli, 2 at Neft Dashlary and 3 at Gobustan.
more »

» 12 April 2005
AIOC produced 218.8 MCM of gas in Q1.
more »

» 12 April 2005
Khazardenizneftgazinti has completed the construction of the Bakhar-Neft Dashlary gas pipeline.
more »

» 12 April 2005
ConocoPhillips are to hold discussions with Gazprom on the development of the Shtokmanovskoye oilfield.
more »

» 12 April 2005
Gazprom and E.ONhave discussed the joint development of the Yuzhno-Russkoye gasfield.
more »

» 12 April 2005
Gazprom and BASF have discussed the joint production of gas and the construction of the North European gas pipeline.
more »

» 08 April 2005
Russia exported 741,000 tons of oil to China in March.
more »

» 08 April 2005
A new 100-MW CHPP is to be built in Usinsk.
more »

» 08 April 2005
Russian gold and foreign currency reserves stand at $137.4 bn. They are officially expected to rise by $27 bn this year and by $51 bn in 2006.
more »

» 08 April 2005
Surgutneftegaz increased oil production by 7.6% in Q1.
more »

» 08 April 2005
Rosterminalugol has exported a cumulative 1 mn tons of Kuzbass coal.
more »

» 08 April 2005
An Astrakhan shipbuilding company is to build a production platform for Saipem for the exploitation of Kashagan oilfield.
more »

» 08 April 2005
The Caspian Gas Corporation, which belongs to American International Petroleum Corporation, is to invest $150 mn in the development of the Shagyrly-Shomyshty block in Mangistau province.
more »

» 08 April 2005
McDaniels and Associates have audited the oil and gas reserves of PetroKazakhstan.
more »

» 08 April 2005
Caspian Energy Inc, which owns a 50% stake in the Aral Petroleum Investment LLP, has announced the expansion of its licence block.
more »

» 08 April 2005
KazMunaiGaz and Lukoil have created the Caspian Oil and Gas Company joint venture.
more »

» 08 April 2005
GE Energy have won the tender held by Agip KCO for the creation of a gas injection system at Kashagan.
more »

» 08 April 2005
Sibneft has won the tender to work the Salym-5 block.
more »

» 07 April 2005
In 2004, Azerbaijan oil exports were worth $3,096 mn.
more »

» 07 April 2005
YeES (United Energy System) electricity output rose 3.1% in first quarter to 187.8 twh.
more »

» 07 April 2005
The Russian Government thinks that oil exports could rise to 294 mn t in 2008.
more »

» 07 April 2005
Dragon Oil increased its profits by 73% in 2004 from its fields in Turkmenistan.
more »

» 07 April 2005
Turkmenistan produced 18.5 BCM of gas and 2.4 mn t of oil in the first quarter.
more »

» 07 April 2005
The Korpeje-Balkanabat oil pipeline is under construction (see Central Asia Energy Monthly)
more »

» 07 April 2005
The YUKOS stake in Mazeikiu Nafta must be sold for not less than $500 mn according to Brazauskas.
more »

» 07 April 2005
Shell Global are to draw up a feasibility study for a petrochemical complex in Kazakhstan.
more »

» 07 April 2005
Nelson Resources plans to bring oil production at North Buzachhi to 20,000 b/d by Q3.
more »

» 07 April 2005
Tengizchevroil produced 3.54 mn t of oil in Q1
more »

» 07 April 2005
Big Sky has found two new oil reservoirs at Morskoye oilfield. See Kazakhstan Energy Monthly.
more »

» 07 April 2005
Kazakhoil Aktobe produced 3.82 mn bls from Alibekmola and Kozhasai in 2004.
more »

» 07 April 2005
The Russian Minister of Economic Development has appoved the sale of Silovye Mashiny to Siemens.
more »

» 07 April 2005
Lukoil has started the exploitation of the Nakhodka gasfield near Urengoi.
more »

» 07 April 2005
Atyraumunaigazgeologiya shareholders have held their AGM.
more »

» 05 April 2005
Russian nuclear power output declined 3.2% in Q1 to 40.16 twh.
more »

» 05 April 2005
Russian oil production rose by 3.5% in Q1 to 114.27 mn t while exports rose by 13%.
more »

» 05 April 2005
The Ceyhan terminal for the Baku-Tbilisi-Ceyhan oil pipeline is 98% complete.
more »

» 05 April 2005
BG Group was paid $1.8 bn by KazMunaiGaz for a 8.33% stake in Agip KCO which will work the Kashagan oilfield.
more »

» 05 April 2005
BNP Paribas are to extend a credit of 40 mn euros to KKM with part of the money to be used to pay off a loan from Kazkommertsbank.
more »

» 05 April 2005
SOCAR exported 358,200 tons of oil through the Baku-Novorossiisk pipeline in March, bringing the total for the first quarter to 656,672 tons.
more »

» 01 April 2005
YeES has published itsd plan for the reconstruction of the electricity supply system in Tbilisi.
more »

» 01 April 2005
Russian oil export tax has been increased to $102.6/ton.
more »

» 01 April 2005
The VNIIgaz Institute is drawing up plans for the further development of gasfields on the Yamal Peninsula, Ob and Taz Bays and Arctic Shelf.
more »

» 01 April 2005
Totsa Total Oil Trading SA has bought the 4th load of AIOC oil to be sold by SOCAR from Supsa.
more »

» 01 April 2005
CNPC-Aktobemunaigaz is to pay a dividend of 2,600 tenge per share.
more »

» 01 April 2005
BMB Munai has reported on the results from its second well at Dolinnoye oilfield.
more »

» 01 April 2005
Er Sai Caspian Contractors is to invest $50 mn in the Kaspiiskii Verf wharf at Kuryk oil port.
more »

» 01 April 2005
Orenburggazprom has completed the reconstruction of a gas condensate pipeline from Karachaganak to Orenburg so that it can carry gas.
more »

» 01 April 2005
Kazstroipromtekhmontazh has signed a contract with China Petroleum Pipeline Bureau to build the eastern end of the Atasu-Alashankou pipeline in Agadyr District.
more »

» 01 April 2005
India doubts that Turkmenistan has enough gas to fill the Trans-Afghan pipeline, and (like Pakistan) favours the Iran option.
more »

» 29 March 2005
Azerenergy has repaid $100 mn of the $440 mn of loans it received during 1996-2001.
more »

» 29 March 2005
The legal action by Frontera Resources against SOCAR will be heard in May.
more »

» 29 March 2005
Russia is to help audit the State Oil Fund of Azerbaijan.
more »

» 29 March 2005
SOCAR will export its 4th load of Chirag oil for 2005 through Supsa in April.
more »

» 29 March 2005
Caspian Holding has reopened a closed well in Kazakhstan.
more »

» 29 March 2005
The Kazakh Ministry of Energy has threatened to stop oil production at Kumkol if PetroKazakhstan does not remove alleged violations o its licence agreement.
more »

» 29 March 2005
CNPC of China has started the construction of the Chinese section of the Atasu-Alashankou-Dushanzi pipeline.
more »

» 29 March 2005
Gazprom wants to build the EGAS gas pipeline from Egypt to other Arab countries.
more »

» 29 March 2005
Lukoil hopes to buy YUKOS shares in Mazeikiu Nafta.
more »

» 29 March 2005
Pakistan says it favours the Iran option or gas supply against the Turkmenistan option.
more »

» 29 March 2005
Kirishi power station may build a new 750 MW gas-fired unit.
more »

» 29 March 2005
Yugabskneftegaz is suing YUKOS or 62 bn Rub for oil delivered but not paid for.
more »

» 29 March 2005
Gazprom and Neftegaz Ukrainy to use market prices for gas transport in 2006.
more »

» 29 March 2005
Lukoil and Gazprom are to coordinate their strategic plans to 2014.
more »

» 29 March 2005
Rosneft to invest 28 bn Rub in Yuganskneftegaz this year.
more »

» 29 March 2005
SOCAR to cut deliveries of oil through Baku-Novorossiisk pipeline to only 82,500 tons in April because the pipeline will carry a large volume of oil from Azeri field for AIOC.
more »

» 29 March 2005
The construction of the BTC pipeline is being delayed in Georgia. There are reports of strikes by the workers.
more »

» 29 March 2005
Another pre-drilling well has been completed at the western section of Azeri oilfield.
more »

» 22 March 2005
YUKOS increased oil production by 5.3% in 2004 to 85.1 mn t. It exported 44.4 mn t, 3.2% up on 2003, excluding the 7.6 mn t sent to Mazeikiu.
more »

» 22 March 2005
Gazprom and CNPC of China have discussed the prospects for greater cooperation.
more »

» 22 March 2005
The Russian tanker Samara City has been detained in Batumi and its owners fined $25.000
more »

» 22 March 2005
Lukoil has acquired 15 filling stations in Hungary from AVA of Austria, bringing its total to 26. They will be supplied with products from the Petrotel refinery in Romania.
more »

» 22 March 2005
Atyrau Province produced 16.3 mn t of oil in 2004 and the Province Administration expects production to grow to 28.6 mn t/yr by 2007.
more »

» 18 March 2005
Turkmenistan increased oil production by 2% in January-February.
more »

» 18 March 2005
Atyrau Polymer Plant to renew production of polymers in second quarter.
more »

» 18 March 2005
Naip LNG complex sent 22,000 tons of LNG to Iran in Jan-Feb.
more »

» 18 March 2005
Mines discovered near Baku-Tbilisi-Ceyhan oil pipeline.
more »

» 18 March 2005
Turkmen President Niyazov has held more talks with Itera officials on plans to develop Caspian blocks.
more »

» 18 March 2005
Gazprom and Siemens hold talks on cooperation in construction of the North European Gas Pipeline and the Yuzhno-Russkoye gasfield.
more »

» 18 March 2005
Lukoil and Arktikshelfneftegaz discuss joint export of oil from Arctic Ocean fields.
more »

» 18 March 2005
Sibneft has produced 1 mn tons of oil from Krapivinsk field.
more »

» 16 March 2005
Barmek Azerbaijan paid 87.1 bn manats to Azerenergy for electricity which it distributed to Baku and Sumgait in January-February.
more »

» 16 March 2005
The construction of the Baku-Tbilisi-Ceyhan pipeline is suffering from lengthening delays. The Azerbaijan section will not be completed this month as planned and the Georgian section is only 85% complete.
more »

» 16 March 2005
KazMunaiGaz and Tsentrkaspneftegaz are to look for partners for a consortium to explore and develop the Tsentralnoye prospect.
more »

» 16 March 2005
Gazprom and Rosneft have agreed on the variant of their merger according to Ministry of Industry and Energy Khristenko.
more »

» 16 March 2005
Wintershall say that they will step upo their cooperation with gazprom and Rosneft, but will not buy shares in Gazprom. They have signed a strategic deal with Tatneft.
more »

» 16 March 2005
Valkyries Petroleum has bought a 51% share in Kalmeastern of the Kalmykiya republic.
more »

» 16 March 2005
Razvedka Dobycha Kazmunaigaz is looking for a company which will enable its shares to be sold on the London Stock Exchange.
more »

» 14 March 2005
The Yakutiya Republic Administration has gone to Court to obtain the 30% stake in Yakutugol which Mechel bought in January.
more »

» 14 March 2005
Aral Petroleum has a two-year extension to its exploration licence for the Northern Block in the Caspian.
more »

» 14 March 2005
Saipem expects to win contracts exceeding 1 bn euros from Kazakhstan.
more »

» 14 March 2005
The Coaltrans Russia 2005 exhibition has opened in St Petersburg.
more »

» 14 March 2005
Lukoil and KazMunaiGaz have set up a joint venture to develop the Khvalynsk oilfield in the Caspian.
more »

» 14 March 2005
Turkmenvostokneftestroi has completed an administration block for the Pelvert oil trans-shipment complex in Turkmenistan.
more »

» 14 March 2005
Ukrainian Prime Minister Timoshenko considers that energy industry enterprises in the Ukraine must remain the property of the State.
more »

» 14 March 2005
The Kuzbass produced 155 mn t from a total 280 mn t of Russian coal in 2004. The biggest producers were SUEK, Kuzbassrazrezugol and Yuzhnyi Kuzbass.
more »

» 09 March 2005
Danieli have signed a $250 mn contract to supply a steel plant for OMK. It will make billets for OMK pipe mills at Vyksa and Almetyevsk.
more »

» 09 March 2005
SNC-Lavalin have won a contract for work at Vankor oilfield.
more »

» 09 March 2005
Turkmenistan gas exports declined 12% in February.
more »

» 09 March 2005
Russian trade surplus of $9.1 bn recorded in January.
more »

» 09 March 2005
Azerigaz received 313.8 MCM of gas in February.
more »

» 09 March 2005
Kazneftekhim receives KASE listing to raise money for Kopa and Tagan Yuzhnyi oil prospects.
more »

» 04 March 2005
The service life of the No.2 unit at leningrad nuclear station is to be extended.
more »

» 04 March 2005
YeES produced 60.3 twh of electricity in February compared with 59.0 twh in February 2004.
more »

» 04 March 2005
Gazprom wants to increase domestic gas prices by 22% in 2006.
more »

» 04 March 2005
Russian nuclear stations produced 26.83 twh in 2 months, 3.6% down on 2004.
more »

» 04 March 2005
Gazprom expects a revenue of 1,483.3 bn Rub this year.
more »

» 04 March 2005
The Polish Government is considering a plan to extend the Odessa-Brody oil pipeline to Plock.
more »

» 04 March 2005
Russian Railways carried 218.2 mn t of oil loads in 2004.
more »

» 04 March 2005
Russian hard currency reserves reach new record of $132.4 bn.
more »

» 04 March 2005
Russian oil exports in January-February 17% higher than in 2004.
more »

» 04 March 2005
Vorkutaugol has begun the construction of a new dressing plant which will raise its capacity to 14 mn t/yr.
more »

» 04 March 2005
Mangistaumunaigaz plans to increase oil production by 150,000 t this year.
more »

» 04 March 2005
AralParker rig has completed a well to 4,600 metres at Tengiz in 53 days. Tengizchevroil produced 1.19 mn t of oil in January, 46,700 tons up on January 2004.
more »

» 04 March 2005
Mary Power Station sends 2 mn kwh/day to Iran.
more »

» 03 March 2005
Up to 14 mn euros to be invested in the Uralgidromash company which makes equipment for hydro stations.
more »

» 03 March 2005
Russian oil production rose to 9.293 mn b/d in February from 9.223 in January and 9.288 in December, but remains well below the post-Soviet record 9.376 mn b/d of September 2004.
more »

» 03 March 2005
Lukoil has not yet decided whether to sell Arktikneft.
more »

» 03 March 2005
The Lukoil terminal at Vysotsk will lift its first load of crude oil at the beginning of April.
more »

» 03 March 2005
Lukoil will start producing from its first gasfield in April with output eventually reaching 10 BCM/yr. The joint venture with ConocoPhillips based on Naryanmarneftegaz is expected to produce 10 mn t/yr of oil by 2008.
more »

» 03 March 2005
Yuganskneftegaz will remain a separate entity after its owner, Rosneft, has merged with Gazprom.
more »

» 03 March 2005
Russian official Aleksandr Veshnyakov has visited Uruguay and offered Russian help for the renovation of Montevideo oil refinery,
more »

» 03 March 2005
The Korpeje compressor station being built by Man Ferrostal Industrianlagen at a cost of 114 mn euros is nearing completion.
more »

» 03 March 2005
Only 100 of the 500 oil wells in Chechnya are currently operational.
more »

» 03 March 2005
Russian oil exports in February were 9% up on February 2004.
more »

» 01 March 2005
Rosatom will take part in tenders for new nuclear reactors in China, Slovakia and Iran.
more »

» 01 March 2005
SOCAR says that a growing number of Russian oil companies are wanting to export oil through the Baku-Tbilisi-Ceyhan pipeline.
more »

» 01 March 2005
Azerbaijan expects to products 20.75 mn t of oil this year.
more »

» 01 March 2005
The cost of using the Baku-Tbilisi-Ceyhan pipeline will be $4/ton this year and then fall to $3.30/ton.
more »

» 01 March 2005
The plan to create a Ukrainian-Russian-German gas pipeline consortium is to be revived.
more »

» 01 March 2005
Yashyldepe oilfield is now producing from 14 wells. The oil is sent to Seidi oil refinery.
more »

» 01 March 2005
Technip are approaching the completion of a diesel hydrofiner at Turkmenbashi oil refinery.
more »

» 01 March 2005
Silovye Mashiny have won a $270 mn order top build 3 units of 660 MW each at Barkh thermal power station in India.
more »

» 01 March 2005
The Georgian Kavkasioni power line is out of action again.
more »

» 01 March 2005
Oiltanking Vistino is to spend 135 mn euros on the construction of a new oil export terminal at Ust Luga.
more »

» 26 February 2005
Rosatom Chairman Aleksandr Rumyantsev has visited Busshehr Nuclear Station and signed agreement on fuel supply.
more »

» 26 February 2005
Vorkuta coal mines will get 5.2 bn Rub investment this year.
more »

» 26 February 2005
Kharyaga Indiga pipeline to cost $2.2 bn.
more »

» 26 February 2005
RWE Chairman Harry Roels has discussed prospects for investment in Russian gas industry with Gazprom.
more »

» 26 February 2005
Capacity of Baltic Pipeline System will be increased to 60 mn t/yr by first half of 2006.
more »

» 26 February 2005
Tatneft could buy YUKOS stake in Transpetrol oil pipeline across Slovakia.
more »

» 26 February 2005
Gazprom and Norsk Hydro to meet in April to discuss cooperation
more »

» 23 February 2005
The new General Director of KazTransgaz is Serik Sultangaliev.
more »

» 23 February 2005
The construction of the Baku-Tbilisi-Ceyhan pipeline in Turkey is falling further behind schedule. It is now due to start filling with oil in July with the first exports from Ceyhan in october.
more »

» 23 February 2005
The Gazprom Board has approved a new Eurobond issue for $1 bn.
more »

» 23 February 2005
Rosneft has appointed Sergei Kudryashov, former Vice President of YUKOS Exploration and Production, as a First Vice President.
more »

» 23 February 2005
Rosneft and Korea National Oil Company are to cooperate in the development of the West Kamchatka shelf.
more »

» 23 February 2005
Gazprom has completed drawing up a draft procedure for access by independent gas companies to its pipeline network.
more »

» 23 February 2005
The Gazprom business plan for 2005 expects a revenue of 1,480 bn Rub.
more »

» 23 February 2005
Gazprom and ONGC of India have discussed cooperation in the gas industry.
more »

» 23 February 2005
The BTC company has rejected a request by ExxonMobil to export Caspian oil through the Baku-Tbilisi-Ceyhan pipeline.
more »

» 23 February 2005
Unipetrol of the Czech Republic has won the tender to buy the third load of 140,000 tons to be exported by SOCAR from Supsa. It will be lifted on March 10-11.
more »

» 23 February 2005
Turkmenneft subsidiary Burneftegaz drilled 167,267 metres of wells in 2004, 8.8% up on 2003.
more »

» 23 February 2005
The central section of Azeri oilfield has started producing at a rate of 5,000 t/day. The oil is to be stored at Sangachal until the baku-Tbilisi-Ceyhan popeline is operational.
more »

» 23 February 2005
PetroKazakhstan Kumkol Resources produced 335,300 tons of oil in January.
more »

» 18 February 2005
Russian energy exports to Hungary rose by 8.1% in 2004 to $2.7 bn.
more »

» 18 February 2005
An Indian delegation has visited Kazakhstan and expressed interest in participating in the Kurmangazy and Darkhan projects.
more »

» 18 February 2005
Gazprom President Aleksei Miller has visited Kazakhstan and discussed the expansion of the Orenburg Gas Plant so that it can receive 15 BCM/yr of gas from Karachaganak.
more »

» 18 February 2005
The independent gas producers "Sibirskaya Neftegazovaya Kompaniya", Arktikneftegaz, Nadymneftegaz and Kubanneft-Resursy have been warned that their licences to develop gasfields could be revoked.
more »

» 18 February 2005
Sibneft wants to amend its licence conditions for 5 oilfields in Tyumen Province.
more »

» 18 February 2005
SIBUR achieved a 65% increase in gross profit in 2004.
more »

» 18 February 2005
The forecast oil reserves of Eastern Siberia and the Russian Far East exceed 15 bn tons. The auctions for major blocks will be closed, and could exclude foreigners.
more »

» 18 February 2005
The Russian Federal Budget has so far received 375.7 bn Rub of tax arrears from YUKOS, but the Finance Ministry will not say what proportion of this came from the sale of Yuganskneftegaz.
more »

» 18 February 2005
A plant able to make 50,000 t/yr of plastic pipe has opened in Sumgayit.
more »

» 18 February 2005
New gaslift compressor stations have opened at Barsagelmes and Goturdepe oilfields in Turkmenistan.
more »

» 18 February 2005
Gazlydepe gasfield now has 10 wells operational and is producing more gas than planned.
more »

» 18 February 2005
KazTransOil carried 38.39 mn t of oil in 2004.
more »

» 18 February 2005
The first exploration well at Fedorovsk oilfield in Kazakhstan has been drilled to 5,400 metres. The target is 6,000.
more »

» 18 February 2005
Aurado has completed the first stage of seismic work at the Liman Block.
more »

» 18 February 2005
Russia and Iran are to sign a protocol on the return to Russia of nuclear waste from the Bushehr Nuclear Station.
more »

» 17 February 2005
Lukoil and SOCAR have dissolved their contract to renovate the Gpvsamy and Zykh onshore oilfields.
more »

» 17 February 2005
Karabekaul oil product depot has opened in Lebap Province of Turkmenistan.
more »

» 17 February 2005
Turkmenburgaz is drilling exploration wells at Yashlar, Osman, Tejen and Vostochnyi Serakhs oil prospects. Other fields to be explored this year include Bagaja, Kepe, Genjibek, Kolyaka, Narazym, Dortguldepe, Iolotan and Serakhs.
more »

» 17 February 2005
Kogas has agreed to buy 1.5 mn t/yr of LNG from the Sakhalin-2 project.
more »

» 17 February 2005
Vyborg Shipyard has completed a tanker for Mobilex Energy Ltd.
more »

» 17 February 2005
YUKOS earned a revenue of $22 bn in 2004.
more »

» 17 February 2005
Kazakhstan plans to produce 61.5 mn t of oil this year, an increase of 3.5% over 2004. Daily output will decline from the peak of December 2004.
more »

» 17 February 2005
SIBUR is planning for a 6-fold increase in investment this year to 12.6 bn Rub.
more »

» 14 February 2005
Lukoil plans to buy Teboil and Suomen Petroli of Finland.
more »

» 14 February 2005
Gazprom and BASF have discussed expansion of cooperation.
more »

» 14 February 2005
Caspian Shipping Company orders two more tankers.
more »

» 14 February 2005
AIOC produced 621,000 tons of oil at Chirag in january.
more »

» 14 February 2005
Japan Oil Engineering Company to advise Azerbaijan power stations on use of gas.
more »

» 14 February 2005
Azneft to drill 138,565 metres of wells this year.
more »

» 14 February 2005
SOCAR gas production declined after accident at Chirag.
more »

» 14 February 2005
ExxonMobil halts drilling at Nakhchivan oilfield.
more »

» 14 February 2005
Turkmenmashingurlushik produced goods worth 61.35 bn manats in 2004.
more »

» 14 February 2005
Turkmenbashi oil refinery achieved small increase in throughput in January.
more »

» 14 February 2005
KazMunaigaz and CNPC have held more discussions on a project to build a gas pipeline from Kazakhstan to China.
more »

» 14 February 2005
Russia says that Iran nuclear fuel project is not related to Busshehr station.
more »

» 12 February 2005
SMS Meer has begun delivery of equipment to Izhorskii Pipe Mill at Kolpino which belongs to Severstal.
more »

» 12 February 2005
Gazprom discussing cooperation with Kogas in the gas sector.
more »

» 12 February 2005
Sovkonflot has received two more Suezmax tankers from Hyundai.
more »

» 12 February 2005
Gazprom and Beltransgaz to start up 4 compressor stations on Yamal-Germany gas pipeline in Belarus.
more »

» 12 February 2005
Iraq ambassador to Russia says that Lukoil can expect a positive outcome in its discussions on the licence for the Western Qurna-2 oilfield.
more »

» 12 February 2005
Minister of Natural Resources Trutnev says that only companies registered in Russia can take part in auctions for large oil and gas fields.
more »

» 12 February 2005
SOCAR says it expects to increase onshore oil production.
more »

» 10 February 2005
Siemens and Gazprom have amended their memorandum of cooperation to include new projects.
more »

» 10 February 2005
Rosneft will not build a new oil refinery at Primorsk.
more »

» 10 February 2005
Karachaganak PO is sending 550,000 t/month through the CPC pipeline to Novorossiisk.
more »

» 10 February 2005
Sibneft increased output by 8.2% last year.
more »

» 10 February 2005
AIOC has started the 5th pre-drilling well at the western section of Azeri oilfield.
more »

» 10 February 2005
Shell is to cooperate with the Audit Chamber review of work at the Sakhalin-2 project.
more »

» 08 February 2005
Gazeksport has extended its contract with Gazum for the sale of additional volumes of gas to Finland in 2005.
more »

» 08 February 2005
Aktau seaport shipped 803,000 tons of oil in January compared with 583,700 tons in January 2004.
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» 08 February 2005
New reactors to start up at Rostov in 2008 and Kalinin and Balakovo in 2010.
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» 08 February 2005
Arcadia has won the tender to buy SOCARs second load to Chirag oil to be shipped from Supsa. It will be lifted in March.
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» 08 February 2005
Gazprom has written off a debt of $280 mn owed by a company formerly directed by Ukrainian Prime Minister Timoshenko.
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» 07 February 2005
Lukoil still wants to buy YUKOS stake in Mazeikiu Nafta.
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» 07 February 2005
Krasnyi Kotelshchik of Taganrog and Podolsk boiler plant to merge.
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» 07 February 2005
Abramovich is still the richest Russian. Other oilmen in top 10 include Fridman, Vekselberg, Bogdanov and Alekperov.
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» 07 February 2005
Transmeridian Exploration has considered terms of contract to work Yuzhnyi Alibek oilfield.
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» 07 February 2005
CNPC Akotobemunaigaz plans to produce more than 6 mn t this year at Kenkiyak and Zhanazhol.
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» 07 February 2005
KfW is to advance 25.29 mn euro loan for electrification of Tashkent-Angren railway.
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» 07 February 2005
ONGC of India could become shareholder in Yuganskneftegaz.
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» 07 February 2005
Construction of 3 storage tanks completed at Sangachal. Azerbaijan earned 746.25 bn manats from Chirag oilfield in 2004.
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» 07 February 2005
Turkmenneft reports timy increase in oil production in january.
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» 07 February 2005
PetroKazakhstan Kumkol Resources closes branch office in Astana.
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» 07 February 2005
Gazprom will increase gas sales to ArmRosgazprom of Armenia in 2005.
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» 07 February 2005
Turkmen President discusses new projects with Head of Merhav.
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» 07 February 2005
Rosneft exported 3 mn t of oil through Belokamenka storage tanker in 2004.
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» 07 February 2005
Gazprom reaches agreement with Uztransgaz for purchase of 5 BCM of gas in 2005.
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» 07 February 2005
Burren Energy to invest $95 mn in development of Turkmen oilfields.
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» 07 February 2005
Rosneft to call for ethnological assessment of Sakhalin-1 project.
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» 02 February 2005
KazMunaiGaz expects to get half the British Gas stake in Kashagan.
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» 02 February 2005
Caspian Holdings to begin oil production at Zhengeldy in 3rd quarter of 2005.
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» 02 February 2005
Accounts of YUKOS subsidiary Sakhaneftegaz arrested.
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» 02 February 2005
AIOC has produced 265 mn bls at Chirag.
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» 02 February 2005
Turkish Petroleum has spent $1.5 bn in Azerbaijan.
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» 02 February 2005
Aleksei Miller has described how management structure of Gazprom has been improved.
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» 02 February 2005
BNFL has won tender for Ukraine nuclear waste storage.
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» 02 February 2005
Rosneft exported 50,000 t of oil to China in January.
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» 02 February 2005
Work on Guneshli deepwater section 20% complete.
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» 02 February 2005
SOCAR and Caspian Energy Group to drill 5 exploration wells at Kyurovdagh in 2005.
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» 02 February 2005
Marygazdobycha produced 20.8 BCM of gas in 2005, 9.1% up on 2004.
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» 02 February 2005
Latest meeting on status of the Caspian completed in Ashkhabad.
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» 02 February 2005
Korea National Oil Corporation wants to help build Taishet-Perevoznaya oil pipeline in return for Russian oil supplies.
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» 02 February 2005
YUKOS affair has done very little damage to Russian oil industry according to Sergei Oganesyan.
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» 02 February 2005
Yuganskneftegaz debts to be restructured.
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» 02 February 2005
Yurii Trutnev says marine fields will yield 95 mn tons/yr of oil by 2020.
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» 02 February 2005
After crisis of 2004, Yuganskneftegaz is now working at full capacity.
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» 02 February 2005
Lukoil and KazMunaiGaz plan a joint venture for Khvalinsk field.
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» 02 February 2005
Turkmen electricity producer Kuvvat working well. Produced 11.9 twh in 2004, 10% up in 2003, and exported 1.1377 twh.
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» 02 February 2005
Anti-Monopoly Service analyses SUEK price policy.
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» 02 February 2005
YUKOS subsidiary Angarsk Petrochemical Plant has raised a legal action against a foreign company which wants to trecover a $300 mn debt.
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» 02 February 2005
KazMorTransFlot is carrying out discussions with Samsung on building a ship repair base at Kuryk.
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» 02 February 2005
CNPC has made an advance payment of $6 bn for purchase of oil from Rosneft over 5 years.
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» 02 February 2005
Western creditors expect Yuganskneftegaz to pay a $1 bn YUKOS debt
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» 02 February 2005
SeverTek to spend $360 mn on Komi oil project.
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» 02 February 2005
Yurii Trutnev has met with managers of Statoil and Norsk Hydro.
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» 02 February 2005
Barmek Azerbaijan fails to fully collect electricity bills.
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» 25 January 2005
Bankruptcy proceedings have started in Moscow Arbitration Court against Yugraneft which belongs to the British company Sibir Energy. Yugraneft began the proceedings against itself when its stake in Sibneft-Yugra was diluted from 50% to less than 1%.
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» 25 January 2005
The accounts of YUKOS subsidiary Tomskneft, which were frozen by the tax authorities in December 2004, have been unfrozen after it paid tax arrears for 2002 of $110 mn.
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» 25 January 2005
Lukoil plans to sell its Lukoil-Trans freight subsidiary and Arktikneft oil producer this year.
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» 25 January 2005
ConocoPhillips represrentative for Russia Kevin Meyers has been appointed to the Board of Lukoil.
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» 25 January 2005
Mechel Steel Group has acquired a blocking stake in the Yakutugol coal producer of Yakutiya.
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» 25 January 2005
Sibneft and Shell Global Solutions have concluded an agreement on the development of Omsk oil refinery.
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» 25 January 2005
Lentransgaz has commissed the Torzhok compressor station on the Yamal-Germany gas pipeline. It is the second station to be built after Smolensk and will be followed by Kholm-Zhirkovskii and Rzhevsk stations.
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» 25 January 2005
The Ministry of Natural Resources believes that oilfields in eastern Siberia and the Far East will eventually produce 50 mn t/yr of oil for the Taishet-Perevoznaya oil pipeline.
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» 25 January 2005
KazMunaiGaz completed 198 wells in 2004 and closed 129 wells.
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» 25 January 2005
PetroKazakhstan has discovered a new oil reservoir in the Jurassic after a 3-D seismic survey.
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» 25 January 2005
Total of France have won a tender to produce methane from the Taldykuduk section of Karaganda coalfield.
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» 25 January 2005
Dragon Oil is building the LAM A production platform at Jeitun oilfield in the Turkmen Caspian.
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» 25 January 2005
Rosneft are to take over YUKOS contracts to deliver oil to CNPC with 4 mn t this year, 9 mn t in 2006 and 48.2 mn t by end of 2010.
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» 20 January 2005
Azpetrol to invest $250 mn in a river port, oil refinery and filling stations in Moldova.
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» 19 January 2005
The Head of Buried Hill Energy of Canada, Roger Haynes, has met President Niyazov to discuss potential projects in Turkmenistan.
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» 19 January 2005
Russia and Kazakhstan have reached agreement to develop the Imashevskoye gas condensate field.
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» 19 January 2005
SIBUR Khimprom achieved a big increase in production in 2004.
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» 19 January 2005
The Zhambai subsidiary of KazMunaiGaz has completed the first part of a 2D seismic survey at the Zhambai Yuzhnyi and Zaburunye Yuzhnoye fields.
more »

» 19 January 2005
Engineering and geological operations at the Tyub-Karagan prospect have been completed by kazMunaiGaz and Lukoil.
more »

» 19 January 2005
Nations Energy will spend $120 mn at karazhanbas this year.
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» 19 January 2005
Azeri-Fugro is to begin studying the Kazakh shelf of the Caspian this year.
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» 09 January 2005
Turkmenbashi refinery completes 12th storage tank. Another 4 approaching completion at Kenar oil product depot.
more »

» 09 January 2005
Marygazdobycha produced 18.2 BCM of gas in January-November, 8.8% up on 2003.
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» 09 January 2005
SOCAR exported 2,559,120 t of oil in 2004.
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» 09 January 2005
Heydar Aliev oil refinery exported 897,000 t of oil products in 2004.
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» 09 January 2005
Azgerneft produced 54,200 t of oil at Ramany oilfield in 2004.
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» 09 January 2005
Turkmenneftegaz will sell 36 BCM of gas to Ukraine in 2005 for $58/TCM.
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» 09 January 2005
Russian Railways and Lukoil agree on contract for delivery of 3 mn t of oil to China in 2005.
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» 09 January 2005
Siberian Business Union is to build a 10 mn t/yr coal export terminal at north end of Ust Luga Bay in Leningrad Province. Rosterminalugol expects to export 1 millionth ton of Kuzbass coal from its Ust Luga terminal in February ...
more »

» 09 January 2005
Silovye Mashiny signs $13.3 mn contract to renovate unit at Mary Power Station.
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» 09 January 2005
TNK, ONAKO and SIDANKO to consolidate shares into TNK-BP Holding Company.
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» 09 January 2005
Yuganskneftegaz to be transformed into 100% state-owned company and not absorbed by Gazprom. CNPC to get 20% stake.
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» 09 January 2005
RTI Energy Systems Inc wins Shakh Deniz contract.
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» 09 January 2005
Kuzbassrazrezugol and Arktikshelfneftegaz plan Murmansk terminal for export of 5 mn t/yr of coal and 5 mn t/yr of oil to be railed to Murmashi station.
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» 09 January 2005
SIBUR pays off all its debts.
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» 09 January 2005
Rail line to Lukoils 7 mn t/yr oil terminal at Vysotsk completed.
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» 09 January 2005
Turkmenneft calls tender for measuring equipment at Ekerem and Alaja oil export terminals.
more »

» 07 January 2005
Silovye Mashiny wins tender against Alstom to renovate three 300 MW units at Lukoml power station.
more »

» 07 January 2005
Russian oil export tax to fall to $83.2/ton in February.
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» 07 January 2005
Russian Government approves start of work to expand Baltic Pipeline System to 60 mn t/yr.
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» 07 January 2005
SOCAR contracts with Gazeksport to buy 5.5 BCM of gas for $60/TCM in 2005.
more »

» 07 January 2005
Burneftegtaz of Turkmenistan has drilled 700,000 meters in past 5 years.
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» 07 January 2005
Ignalina reactor of 1,500 MW closed at end of 2004.
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» 21 December 2004
BP-Azerbaijan has awarded a contract worth $80 mn for construction work on Phase 3 of the project to develop Azeri oilfield.
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» 21 December 2004
Azerbaijan expects to reach agreement with Iran on its marine boundary in the Caspian Sea in January.
more »

» 21 December 2004
British Petroleum says that TNK-BP could export Russian oil through the Baku-Tbilisi-Ceyhan oil pipeline.
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» 21 December 2004
The railway tariff for the transport of Kuzbass coal to Arkhangelsk export terminal has been reduced.
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» 21 December 2004
An increasing number of observers suspect that Surgutneftegaz is behind Baikal Finance Group who won the auction for a 78% stake in Yuganskneftegaz. We predicted in the October issue of Russian Energy Monthly that Surgutneftegaz was the most likely buyer, ...
more »

» 16 December 2004
The EBRD has signed a $170 mncredit agreement with SOCAR for the Shah Deniz gasfield and the Baku-Tbilisi-Erzerum gas pipeline projects.
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» 16 December 2004
Azneft drilled 137,800 metres in 11 months.
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» 16 December 2004
Ukrainian pipe company "Interpipe" has won a tender to supply pipe for the Araz-Julfa-Nakhchivan-Jakhry gas pipeline.
more »

» 16 December 2004
A consortium of Sumy Engineering Plant, NPC of Iran and Unico of Britain will build a $64 mn LNG plant at Shurtan in Uzbekistan.
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» 16 December 2004
Primorsk oil export terminal loaded 4,302,000 tons of oil in November.
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» 16 December 2004
The Russian Governmernt has transferred its 100% stake in Rosneft to Rosneftegaz.
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» 16 December 2004
The Vyborg Shipbuilding Plant of St Petersburg has won an order to build a 12,000 dwt oil tanker for Mobil.
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» 16 December 2004
YUKOS has filed for bankruptcy in the USA in an attempt to prevent the sale of its Yuganskneftegaz subsidiary.
more »

» 15 December 2004
Azerneftyag sold 1.09 mn tons of oil products in January-November.
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» 15 December 2004
Slavneft produced 20.1 mn t of oil in January-November, 13.8% up on 2003.
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» 15 December 2004
A Gazprom delegation lead by Aleksei Miller has visited Venezuela for discussions on potential cooperation with Petroleos de Venezuela.
more »

» 15 December 2004
YeES President Anatolii Chubais has signed a memorandum of cooperation with Tanavir of Iran.
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» 15 December 2004
Russia produced 420 mn t of oil in January-November, or which 227 mn t were exported.
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» 15 December 2004
Kazakhstan exported 42.51 mn t of oil and condensate in January-November, 14% up on 2003. revenue of $8.69 bn was 48% higher.
more »

» 15 December 2004
The Turkmen geophysical company Balkangeofizika has celebrated its 70th birthday.
more »

» 15 December 2004
Basell Orlen polyolefins says that its new polypropylewne and polyethylene plants at Plock will open in August 2005.
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» 13 December 2004
Cooper Cameron has won a $15 mn order to supply christmas trees for Phase 3 of the development of Azeri oilfield.
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» 13 December 2004
Azerigaz has carried out repairs costing 15.9 bn manats in January-November.
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» 13 December 2004
Azerneftyag is to send 800,000 tons of fuel oil to Heydar Aliev refinery in 2005.
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» 13 December 2004
Azneft increased its drilling footage by 23.2% in January-November over the same period of 2003.
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» 13 December 2004
SOCAR plans to build a new production platform at Neft Dashlary in 2005.
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» 13 December 2004
Basell Orlen Polyolefins will open a new plant producing 400,000 t/yr of polypropylene and 320,000 t/yr of polyethylene at Plock in August 2005.
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» 13 December 2004
Turkmen President Niyazov has held discussions with officials from Gazprom, Neftegaz Ukrainy and ITERA.
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» 11 December 2004
SOCAR says that the Baku-Novorossiisk oil pipeline is due to carry 660,000 tons of oil in Q1 of 2005.
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» 11 December 2004
Frontera Resources Corporation will invest $37 mn in Georgia in 2005.
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» 11 December 2004
Canarago Energy believes that Georgia can become an oil exporter within one year.
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» 11 December 2004
KazMunaiGaz supports the construction of a pipeline from Burgas to Alexandroupolis for the transport of Kazakh oil to Western Europe.
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» 11 December 2004
Rosneft has set up a 100% owned subsidiary Rosneftegaz to facilitate its absorption by Gazprom.
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» 11 December 2004
Gazprom, Interkom and First Venture Company have registered with the Federal Anti-Monopoly Service to participate in the tender to buy Yuganskneftegaz.
more »

» 11 December 2004
Lukoil is to hold a public tender for the minority shareholding of 28.9% in Burgas oil refinery.
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» 11 December 2004
Surgutneftegaz oil production in 11 months is 10% up on the same period of 2003.
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» 11 December 2004
Dragon Oil is now producing 20,000 b/d of oil in Turkmenistan.
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» 11 December 2004
General Electric are to supply the equipment for a new gas turbine power station in Ashkhabad.
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» 11 December 2004
Kazakhoil Aktobe, owned by KazMunaiGaz and Nelson Resources, has been awarded a medal for the high quality of its business practice.
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» 10 December 2004
The Chinese Nation Electricity Equipment Corporation has drawn up feasibility studies for a substation at Sheki and the reconstruction of a generator at Mingechavir hydro plant.
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» 10 December 2004
The Mozdok-Kazi Magomed gas pipeline has been repaired after Chechen rebels damaged it.
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» 10 December 2004
The World Bank is to complete feasibility studies for electricity projects in Azerbaijan for which a credit of $40 mn has been allocated.
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» 10 December 2004
The Gazprom Board has approved a plan to seek finance from Deutsche bank for the purchase of a 76.79% stake in Yuganskneftegaz.
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» 10 December 2004
Gazprom is drawing up plans to build 6 gas pipelines able to carry 250 BCM/yr from the Bovanenkovo and Kharasavei gasfields on the Yamal Peninsula.
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» 10 December 2004
Novaya ERA of St Petersburg has despatched the latest batch of equipment to the Busshehr Nuclear Station in Iran.
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» 10 December 2004
Uzbekistan is imposing heavy new taxes on the oil and gas industry. See Central Asia Energy Monthly.
more »

» 10 December 2004
Gazprom hopes to export up to 2 BCM/yr of gas to Azerbaijan via Georgia through the Baku-Tbilisi pipeline, the renovation of which will be completed shortly.
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» 10 December 2004
Gazpromneft plans to produce 37 mn t of oil next year including 25 mn t by Rosneft.
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» 10 December 2004
KEGOC rating by Moodys has been upgraded.
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» 10 December 2004
Silovye mashiny wins order to build new unit at banhida power station in Hungary.
more »

» 10 December 2004
Turkey wants Russia to export oil through the Baku-Tbilisi-Ceyhan oil pipeline.
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» 08 December 2004
Azerenergy produced over 19 twh of electricity in January-November.
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» 08 December 2004
Salyan Oil has completed an exploration well at Babazan field.
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» 08 December 2004
Ashkhabad electricity supply to be improved with construction of 254 MW Kopetdag power station.
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» 08 December 2004
Turkmenburgaz has started drilling exploration well at Osman prospect.
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» 08 December 2004
Turkey wants Russia to export oil through the Baku-Tbilisi-Ceyhan pipeline.
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» 08 December 2004
Gazpromneft has held discussions with the Ministry of Transport on the creation of a transport infrastructure for the northern oilfields.
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» 08 December 2004
YeES wants all hydro stations merged into a single hydro generating company.
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» 08 December 2004
Silovye Mashiny has won a $80 mn order for the construction of a 230 MW power station in Hungary.
more »

» 08 December 2004
Turkmen gas production declined in January-November.
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» 08 December 2004
Moodys have upgraded KEGOC rating.
more »

» 08 December 2004
Details of Kazakh oil and gas production by company have been published in the latest issue of Kazakhstan Energy Monthly.
more »

» 08 December 2004
Sumy Engineering Plant to build compressor station at Astara in Azerbaijan.
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» 08 December 2004
SOCAR is to hold tender for sale of 200,000 tons of diesel for delivery in 2005. BP Oil won the 2004 tender for 200,000 tons.
more »

» 08 December 2004
Azerneftyag and Heydar Aliev oil refineries recorded big increases in oil product exports in January-November.
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» 08 December 2004
Gazprom expects to renovate 200 kms of Armenian gas pipeline for $90 mn.
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» 03 December 2004
SOCAR exported 2.39 mn t of oil in January-November.
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» 03 December 2004
SOCAR produced 8.23 mn t of oil in January-November.
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» 03 December 2004
Russian gold and foreign currency reserves stand at $117.1 bn.
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» 03 December 2004
Construction of the Armenian section of the Iran-Armenia gas pipeline has started.
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» 03 December 2004
A second 220 kv power line has been completed to enable the exchange of electricity by Iran and Armenia.
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» 03 December 2004
Karachaganak PO is to sign an agreement with Gazprom which will allow it to export gas to Europe.
more »

» 03 December 2004
Neftegaz Ukrainyi President Yurii Boiko says that negotiations with Turkmenistan on the price of gas are proving difficult.
more »

» 03 December 2004
Uzbekneftegaz reports 4.6% increase in gas production.
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» 03 December 2004
The 750 kv power line from Kalinin Nuclear Station to Cherepovets has been completed.
more »

» 03 December 2004
Gazprom, rather than Surgutneftegaz, is most widely tipped to win control of Yuganskneftegaz.
more »

» 03 December 2004
YeES power stations increased electricity production by 2.5% in January-November.
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» 03 December 2004
Government consideration of the Gazprom investment programme for 2005 has been postponed to the end of this year.
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» 03 December 2004
Silovye Mashiny has sent equipment for the reconstruction of the Aswan hydro station in Egypt. It is working in conjunction with Voith Siemens.
more »

» 03 December 2004
Trading House YUKOS-M has been accused of using its monopoly position to set high oil product prices in Krasnoyarsk Province.
more »

» 03 December 2004
Parker Drilling has completed its 5th oil well in Turkmenistan. See Central Asia Energy Monthly.
more »

» 03 December 2004
Gas liquids are being railed from Yashyldepe to Seidi oil refinery.
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» 03 December 2004
The 264 MW Moinak hydro station is to be completed in Kazakhstan.
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» 03 December 2004
Intesa bank of Italy is intending to leave the consortium which has advanced loans for the construction of the Baku-Tbilisi-Ceyhan oil pipeline.
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» 03 December 2004
SOCAR has high hopes for the Babek oil prospect in the Caspian Sea.
more »

» 27 November 2004
Turkmengaz produced 39.8 BCM of gas in January-October.
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» 27 November 2004
SOCAR have drawn up plans to drill 22 more wells at Gyuneshli.
more »

» 27 November 2004
SOCAR earned a revenue of $1,675 mn in January-October.
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» 27 November 2004
Middle East Petroleum says that the Azerbaijan Government has given permission for the Dyubendy terminal to be connected to the Baku-Tbilisi-Ceyhan oil pipeline.
more »

» 27 November 2004
The Baku-Tbilisi-Ceyhan oil pipeline will cost $120 mn more than expected.
more »

» 27 November 2004
Lukoil has put its first exploration well at Yalama into conservation and started drilling the second.
more »

» 27 November 2004
AIOC of Azerbaijan has completed drilling the 19th well at Chirag.
more »

» 27 November 2004
Christophe de Margerie of Total has held discussions with the Russian Deputy Minister of Industry and Energy on the Kharyagina PSA, the Tuapse project, and Totals plans to buy a stake in Novatek.
more »

» 27 November 2004
Lukoil have signed a Memorandum of Understanding with Petroleos de Venezuela on the possible joint exploration and development of Orinoco tar sands.
more »

» 27 November 2004
Top YUKOS directors including Steven Theede and Bruce Misamore have left Russia.
more »

» 27 November 2004
Aleksei Miller has discussed possible LNG sales to ENAP with its General Manager Enrique Davila in Santiago.
more »

» 27 November 2004
Storage tank capacity in Primorsk has increased by 200,000 cubic metres.
more »

» 27 November 2004
Aleksei Miller has discussed the development of Brazilian gasfields with officials from Petrobras.
more »

» 19 November 2004
Installation of new oil platform to be completed at Neft Dashlary in Q1 of 2005.
more »

» 19 November 2004
Elektrim wants new investors to finance completion of Patnow-II power station.
more »

» 19 November 2004
Slovak Government wants to buy back YUKOS stake of 49% in Transpetrol.
more »

» 19 November 2004
Slovak Government and Enel reach agreement on sale of Slovenske Elektrarne.
more »

» 19 November 2004
Turkmen Minister of Oil and Gas Amangeldy Pudakov says $60 bn to be invested in 2005-2020.
more »

» 19 November 2004
Foreign investment in Russia in Q1-3 rose 40% to $29.1 bn.
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» 19 November 2004
TNK-BP appoints new officials.
more »

» 19 November 2004
YeES to invest 25.9 bn Rub in 2005 while FSK YeES invests 27.7 bn Rub.
more »

» 19 November 2004
Arrest warrants issued for more YUKOS officials, Kurtsin and Gololobov, as sale of Yuganskneftegaz planned for December 19th.
more »

» 19 November 2004
Sovkomflot sets up JV with NYK of Japan to build LNG tankers.
more »

» 19 November 2004
Armeniua wants to export electricity to Nakhchivan.
more »

» 19 November 2004
More protests erupt in Georgia against Baku-Tbilisi-Ceyhan oil pipeline.
more »

» 19 November 2004
Siemens beat Silovye Mashiny and Sunir to win tender for construction of 506 MW steam-gas cycle power station in Sungait.
more »

» 19 November 2004
CEPS reports big rise in profits in 9 months of 2004.
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» 19 November 2004
Slovnaft revenue rises to $1,819 mn in 9 months of 2004.
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» 19 November 2004
MOL claims $6,447.6 mn revenue and $1,287.1 mn EBITDA in 9 months of 2004.
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» 17 November 2004
Azerigaz sells 273 MCM of gas in October.
more »

» 17 November 2004
Siemens wins tender for construction of power station in Sumgait.
more »

» 17 November 2004
Baku-Tbilisi-Ceyhan oil pipeline could overrun $2.95 bn budget by 5-7%.
more »

» 17 November 2004
Yuganskneftegaz made 29.4 bn Rub net profit in 9 months of 2004.
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» 17 November 2004
Gazprom expects to export 143 BCM of this this year after 133 BCM in 2003.
more »

» 17 November 2004
Ukhta oil refinery plans to increase oil product output to 7.5 mn t/yr.
more »

» 17 November 2004
Gazprom is talking to ABN AMRO bank about merger with Rosneft.
more »

» 17 November 2004
Gazprom and Lukoil want to extend cooperation.
more »

» 17 November 2004
Lukoil-Burenie has been sold for $130 mn.
more »

» 17 November 2004
Alaverdi power line between Armenia and Georgia to be restored after accident.
more »

» 17 November 2004
Gazprom discusses gas projects in Egypt.
more »

» 17 November 2004
Neftegaz Ukrainyi to extend cooperation with Turkmenistan.
more »

» 17 November 2004
Start of construction of Iran-Armenia gas pipeline delayed to year end.
more »

» 16 November 2004
Salans have started to draw up recommendations on the restructuring of SOCAR.
more »

» 16 November 2004
Slovnaft has increased the prices of its Super-95 gasoline and its diesel.
more »

» 16 November 2004
AIOC produced 5.36 mn t of oil in January-October.
more »

» 16 November 2004
Caspian Shipping Company transported 7.91 mn tons of oil and oil products in 10 months.
more »

» 16 November 2004
Lukoil criticises new Kazakh oil law.
more »

» 16 November 2004
Lukoil criticises new Kazakh oil law.
more »

» 16 November 2004
RPG Industries buys Karbon Invest of Czech Republic.
more »

» 16 November 2004
CEZ suffers 25% profit fall.
more »

» 16 November 2004
ENEL could cancel plan to buy Slovenske Elektrarne.
more »

» 16 November 2004
PKN Orlen reports big increase in profit.
more »

» 16 November 2004
Former Georgian International Gas Corporation leader could lose property for corruption.
more »

» 16 November 2004
Gazprom Board approves SIBUR plan to 2011.
more »

» 16 November 2004
Oil companies failing to fill 14 mn t/yr of free space in Transneft pipeline network.
more »

» 16 November 2004
Lukoil bond issue of 6 bn Rub planned for 23rd November.
more »

» 11 November 2004
An agreement on the return of spent nuclear fuel from Busshehr Nuclear Station will be signed shortly by Russia and Iran.
more »

» 11 November 2004
Surgutneftegaz produced 49.12 mn t of oil in January-October, 10% up on 2003.
more »

» 11 November 2004
kazmortransflot transported 3.08 mn t of kazakh oil in January-September including 1.11 mn t from Aktau to Neka.
more »

» 11 November 2004
PricewaterhouseCoopers will be auditors during 2004-2006 for the EvRoPolGas joint venture between Gazprom and PGNiG.
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» 11 November 2004
The Russian Government has approved the inter-Governmental agreement with Tajikistan for the construction of the Sangtuda Hydro Station.
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» 11 November 2004
AIOC produced 5.36 mn t of oil in January-October.
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» 11 November 2004
Russian Parliament supports proposals designed to regulate the gasoline market.
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» 11 November 2004
Lukoil Overseas plans to invest $350 mn in Kazakhstan.
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» 11 November 2004
Russian gold and foreign currency reserves surge by $5.5 bn in one week to $112.8 bn.
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» 11 November 2004
Gazprom confirms plans for production, distribution and export of gas in 2005. Useful rise in sales to Western Europe foreseen.
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» 11 November 2004
Viktor Gerashchenko says YUKOS can pay all its tax debts by July 2006 if it is not broken up.
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» 11 November 2004
General Procurator spells out charges against Irina Golub which lead to freezing of YUKOS stake in Sibneft.
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» 11 November 2004
AIOC starts drilling of 4th pre-drilling well at West Azeri.
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» 09 November 2004
Caspian Energy Group and SOCAR sign PSA to develop Kyurovdag oilfield.
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» 09 November 2004
Baku-Tbilisi-Ceyhan oil pipeline likely to be completed by May 2005 and Azeri oil to reach Ceyhan in June.
more »

» 09 November 2004
Kazakh Government has reached agreement with Agip KCO to buy part of Kashagan stake from BG Group (British Gas).
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» 09 November 2004
Russian Federal Budget earned 690 bn surplus in 10 months thanks to high oil prices.
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» 09 November 2004
SIBUR gross profit rose 52% in 9 months to 10.16 bn Rub.
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» 09 November 2004
Turkmenistan produced 8 mn t of oil and 47 BCM of gas in 10 months.
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» 09 November 2004
Turkish Petroleum (TPAO) wants to resume drilling at Araz-Alov-Sharg prospect despite Iranian claims that the field is in Iranian waters.
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» 09 November 2004
SOCAR produced 7.495 mn t of oil in 10 months.
more »

» 09 November 2004
CNPC-Aktobemunaigaz published accounts for Q2: see Kazakhstan Energy Monthly.
more »

» 06 November 2004
Heydar Aliev exported 769,700 tons of oil products in January-October.
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» 06 November 2004
SOCAR produced 6.72 mn t of oil in january-october, gas production declined by 3.9%.
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» 06 November 2004
SOCAR will not renegotiate terms of the Govsany-Zykh contract with Lukoil.
more »

» 06 November 2004
The EBRD has signed an agreement to lend SOCAR $170 mn for its contribution to the Shakh Deniz consortium.
more »

» 06 November 2004
Russian Minister of Natural Resources has again bemoaned the state of the exploration sector. He says the oil companies are still living off discoveries made during the Soviet period.
more »

» 06 November 2004
Caspian Shipping Company can now carry 20 mn t/yr with acquisition of Heydar Aliev tanker.
more »

» 06 November 2004
A new development well has been completed at Yelgui gasfield by Turkmenabat Directorate of Exploration Drilling.
more »

» 06 November 2004
Marygazdobycha is stepping up the pace of exploration work at Shatlyk gasfield.
more »

» 05 November 2004
The Achak Directorate of Drilling Work subsidiary of Turkmenburgaz has completed another development well at Gazlydepe gasfield.
more »

» 05 November 2004
The recently completed third unit of the LNG complex at naip gasfield has produced its first 1,000 tons of LNG.
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» 05 November 2004
Azerbaijan will contribute 105 bn manats to the Baku-Tbilisi-Ceyhan company next year from its SOFAR fund.
more »

» 05 November 2004
The Caspian Energy Group, which holds a 51% stake in the Shirvanoil joint venture, is to sign a production sharing agreement for the development of the Kyurovdag oilfield.
more »

» 05 November 2004
YUKOS shareholders are to attend two meetings. The first will decide whether to draw up an anti-crisis programme, to liquidate the company or to declare it bankrupt. The second will decide on the resignation of the current Council of Directors.
more »

» 05 November 2004
The decision on whether to build the Taishet-Nakhodka oil pipeline will be taken before 15th December.
more »

» 05 November 2004
Russia produced 380.968 mn t of oil in January-October.
more »

» 05 November 2004
Sevmash of Severodvinsk has signed a contract with Odfjell of Norway for the construction of oil tankers.
more »

» 05 November 2004
Intergaz Central Asia has made a $250 mn Eurobond issue.
more »

» 05 November 2004
Karachaganak Petroleum Operating BV produced 6.488 mn t of condensate in January-October.
more »

» 03 November 2004
The State Oil Fund of Azerbaijan (SOFAR) has accumulated $858.45 mn by the beginning of October.
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» 03 November 2004
Sections of the TPG 500 platform for the Shakh Deniz field have arrived in Baku from Singapore.
more »

» 03 November 2004
Yuganskneftegaz will not be auctioned before the end of November.
more »

» 03 November 2004
Gazprom and ExxonMobil are to begin active cooperation on the Sakhalin-1 project.
more »

» 03 November 2004
Parker Drilling has agreed to pay $6 mn to the Kazakhstan tax authorities for breaches of customs legislation.
more »

» 03 November 2004
Azerbaijan oil exports are planned to rise by 51% in 2005.
more »

» 03 November 2004
Gazprom is to import 4.5 BCM of gas from Turkmenistan in 2005.
more »

» 03 November 2004
Transneft is to spend 46 bn Rub on the modernisation of oil pipelines in 2005.
more »

» 29 October 2004
Norsk Hydro and Aker Kvaerner looking for cooperation with Arkhangelsk province on oil and gas development.
more »

» 29 October 2004
Gazprom to consolidate Gazprompererabotka subsidiary.
more »

» 29 October 2004
Schlumberger pulls out of deal with YUKOS.
more »

» 29 October 2004
Gazprom considers prospects for cooperation with British Petroleum, ExxonMobil, Goldman Sachs.
more »

» 29 October 2004
Transneft shares could be sold to finance pipeline investment.
more »

» 29 October 2004
Lukoil Uzbekistan Operating Company set up to work Kandym, Khauzak, Shady fields
more »

» 28 October 2004
SOCAR is insisting that second wells should be drilled at Nakhchivan and Zafar Mashal blocks.
more »

» 28 October 2004
AIOC plans to increase production by 80% in 2005 with commissioning of Azeri oilfield.
more »

» 28 October 2004
Turkmenistan plans to produce 100 mn t/yr of oil by 2020.
more »

» 28 October 2004
Marygazdobycha produced 15.1 BCM of gas in January-September.
more »

» 28 October 2004
SOCAR to drill exploration well at Umid.
more »

» 28 October 2004
Lukoil is to spend $120 mn at its Petrotel oil refinery in Romania. New plants will be installed with licences from UOP, ExxonMobol, Linde and Haldor Topsoe.
more »

» 28 October 2004
Fire at Yuzhno-Sakhalinsk CHPP extinguished.
more »

» 28 October 2004
Capacity of Russia oil export pipelines and terminals to be increased to 433 mn t/yr by 2020.
more »

» 23 October 2004
Sun Oil has won the tender for the second load of oil to be delivered by SOCAR to Novorossiisk in November.
more »

» 23 October 2004
Technip of Germany has started building the 1.5 mn t/yr diesel hydrofiner at Turkmenbashi oil refinery.
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» 23 October 2004
A credit agreement for $110 mn will be signed by the EBRDand SOCAR at the end of this month. The money will finance the SOCAR shares in the Shakh Deniz gasfield and the Baku-Tbilisi-Erzerum gas pipeline.
more »

» 23 October 2004
Deutsche Bank will be the consultant for the Gazprom subsidiary Gazpromneft.
more »

» 23 October 2004
Lukoil plan to produce 90.2 mn t of oil and 7.8 BCM of gas in 2004.
more »

» 23 October 2004
The Kazakhstan Government will buy all or most of the British Gas stake in the Agip KCO consortium developing Kashagan.
more »

» 22 October 2004
Bulla Directorate for Drilling Work is to start drilling well No.22 at Bulla field in 2005.
more »

» 22 October 2004
Thermo Design Engineering Ltd has won contract to build LNG plant at Yashyldepe gasfield in Turkmenistan.
more »

» 22 October 2004
Zarubezhneft has been transformed into an open joint stock company.
more »

» 22 October 2004
The Russian Green Party thinks that the North Europe Gas Pipeline could cause an environmental catastrophe.
more »

» 22 October 2004
Russian gold and foreign currency reserves have surged to beyond $100 bn.
more »

» 22 October 2004
Raiffeisen Zentralbank of Austria has bought a stake of 15.4% in Hungarian TVK.
more »

» 20 October 2004
Azerneftyag sent 459,900 tons of fuel oil to Heydar Aliev refinery in January-September for cracking.
more »

» 20 October 2004
United Distribution Company of Georgia to import 60 MW of electricity from Armenia.
more »

» 20 October 2004
Uzbekistan is offering stakes in Uznefteprodukt, Uzneftegazmash, Uzgeoburneftegazdobycha and Avtogaz to Russian companies.
more »

» 20 October 2004
Surgutneftegaz wants to buy Kirishi power station.
more »

» 20 October 2004
The merger of Gazprom and Rosneft can also include Zarubezhneft.
more »

» 20 October 2004
Caspian Drilling Company (set up by SOCAR and Santa Fe) is to drill a well for Maersk Oil in the Turkmen Caspian.
more »

» 20 October 2004
Rosneftegazstroi is to explore for oil in Armenia.
more »

» 20 October 2004
Oman Oil Company wants to explore for oil in the Kazakh Caspian. It is currently participating in the exploration of the onshore Dungan field.
more »

» 20 October 2004
Karachaganak PO is considering exporting condensate to Russia through the Atyrau-Samara pipeline.
more »

» 20 October 2004
Gaszprom is investing $1,015 mn and Lukoil $995 mn in the developmentof Uzbek gas and oil fields.
more »

» 20 October 2004
Gazprom has been holding discussions with Shell on its acquisition of a stake in the Sakhalin-2 project.
more »

» 20 October 2004
Gazprom and BASF have been holding discussions on extending their cooperation.
more »

» 20 October 2004
Silovye Mashiny have tested a 1,000 MW turbogenerator for the Kudankulam nuclear station in India.
more »

» 20 October 2004
Itera and Tatneft have signed an agreement on strategic partnership.
more »

» 20 October 2004
Surgutneftegaz is planning for 63.5 mn t of oil in 2005 and 70 mn t in 2006.
more »

» 20 October 2004
British Petroleum has agreed to carry out additional environmental protection measures in Georgia.
more »

» 20 October 2004
Azerbaijan electricity sector to get $1.5 bn of investment in next 5 years.
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» 15 October 2004
The Dresdner Kleinwort Wasserstein valuation of Yuganskneftegaz is now said to be "almost $15 bn" after earlier reports of $10.4 bn apparently took account of a substantial investment risk. It is now reported that 77% of the shares could be ...
more »

» 15 October 2004
Surging oil prices are filling Russian reserves of gold and foreign currency with a $3 bn rise in the week ending 8th October to $98.3 bn.
more »

» 15 October 2004
Gazprom has started producing gas from the Pestsovoye section of Urengoi gasfield.
more »

» 15 October 2004
Princeton Energy Resources International could build a wind power station at Primorsk.
more »

» 15 October 2004
Rosneft subsidiary Kaspoil could lose licences for the development of oilfields in Russian sector of the Caspian.
more »

» 15 October 2004
Gazprom to step up its penetration of the Chinese gas market.
more »

» 15 October 2004
Gazprom and Lukoil reach agreement on Lokosovo gas plant.
more »

» 15 October 2004
Silovye Mashiny signs contract to supply equipment for Mingechavir thermal power station in Azerbaijan.
more »

» 15 October 2004
TNK-BP subsidiary RUSIA Petroleum could lose licence for Kovykta gas and condensate field.
more »

» 14 October 2004
Azneft has completed 2 new wells at Hovsany oilfield.
more »

» 14 October 2004
The installation of the topsides at the platform for the central section of Azeri oilfield has been completed.
more »

» 14 October 2004
SOCAR drilled 116,200 metres of wells in January-September.
more »

» 14 October 2004
Uzbekistan is concerned about the processing of uranium waste at Karabalta.
more »

» 14 October 2004
Moodys have upgraded Intergas Central Asia to Baa3.
more »

» 14 October 2004
Burren Energy have completed the drilling of 150 wells at Burun oilfield.
more »

» 14 October 2004
Yuganskneftegaz has been valued by Dresdner Kleinwort Wasserstein and $10.4 bn, $7 bn less than YUKOS expected. Surgutneftegaz shares reached a record high on the news.
more »

» 14 October 2004
Asian Development Bank believes the Trans-Afghan Gas Pipeline will be profitable without Indian participation.
more »

» 14 October 2004
Exploration of Araz Alov Sharg block in the Caspian is to resume in 2005.
more »

» 14 October 2004
Gazprom and PetroCanada have signed an agreement on the construction of an LNG plant in Leningrad Province. The product will be exported to Canada.
more »

» 14 October 2004
Turkmenistan gas production declined 1% in January-September.
more »

» 14 October 2004
President Aliev of Azerbaijan has visited Romania to discuss exports of Azerbaijan gas through Romania to Western Europe.
more »

» 12 October 2004
Azneftekhimmash increased its output by 10.3% in 9 months.
more »

» 12 October 2004
Peterburgskii Neftyanoi Terminal company exported 6.9 mn t of oil products in 9 months.
more »

» 12 October 2004
Elvari Neftegaz has drilled its first exploration well at Kaigansko-Vasyukansk block of Sakhalin-5 project.
more »

» 12 October 2004
The "Russian Railways" company carried 100.45 mn t of oil and products to export terminals during its first 11 months.
more »

» 12 October 2004
Surgutneftegaz produced 43.947 mn t of oil in 9 months, 10% up on 2003.
more »

» 12 October 2004
YUKOS wants to recover $3 bn from Roman Abramovich which it paid for 20% of the shares in Sibneft.
more »

» 12 October 2004
The Georgia and Azerbaijan sections of the Baku-Tbilisi-Ceyhan oil pipeline are to be joined in Agstafa District on 16th October.
more »

» 12 October 2004
Gazprom has not yet decided whether to assume the trust management of Kyrgyzneftegaz.
more »

» 12 October 2004
KazMunaiGaz and ENI have signed a memorandum on the onshore infrastructure for the development of Caspian oilfields.
more »

» 12 October 2004
The President of Shell Kazakhstan has criticised Kazakhstan tax laws.
more »

» 12 October 2004
The stakes of the Russian and Kazakh Governments in the Caspian Pipeline Consortium are to remain unchanged at 24% and 19%.
more »

» 12 October 2004
New gas cleaning equipment installed at Severo-Balgui gas and condensate field in Turkmenistan.
more »

» 12 October 2004
New pipeline at Korpeje oilfield could allow Turkmenbashi refinery to receive up to 7.5 mn t/yr of oil.
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» 12 October 2004
Work proceeding well on Turkmenbashi hydrofiner.
more »

» 12 October 2004
Russia to sign agreement with Iran on nuclear waste processing.
more »

» 11 October 2004
The construction has started of the Kstovo-Yaroslavl-Kirishi-Primorsk oil products pipeline. It will serve a new oil products terminal to be built at Primorsk.
more »

» 11 October 2004
An investment bank is to chosen to value Gazprom and Rosneft prior to their merger.
more »

» 11 October 2004
Caspian Shipping Company carried 7.2 mn t of oil and oil products in 9 months including 1.84 mn t to Iran.
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» 11 October 2004
Salyan Oil has started drilling an exploration well at Babazan oilfield.
more »

» 05 October 2004
YeES power stations produced 469.6 twh of electricity in 9 months, 2.5% up on 2003.
more »

» 05 October 2004
President Aliev of Azerbaijan has visited the Deepwater Jacket Fabrication Plant at Garadag.
more »

» 05 October 2004
Uzbekneftegaz signs agreement with Lukoil Overseas.
more »

» 05 October 2004
SOCAR produced 6.724 mn t of oil in 9 months.
more »

» 05 October 2004
Georgia could confiscate the Azot plant at Rustavi from Itera and sell it to Gazprom.
more »

» 05 October 2004
Investors plan to spend $700 mn on creation of tanker fleet to ship Russian oil from Makhachkala to Neka for swap programme with Iran.
more »

» 05 October 2004
1,000 kms welded on Turkish section of Baku-Tbilisi-Ceyhan oil pipeline.
more »

» 05 October 2004
3 more wells repaired at Shatlyk by CNPC bringing total to 38.
more »

» 05 October 2004
Transneft carried 130.534 mn t of oil to export terminals in January-September.
more »

» 05 October 2004
Peterburg Fuel Company is building filling stations in Estonia.
more »

» 05 October 2004
BHP Billiton wants to invest in Russian oil sector.
more »

» 05 October 2004
Lukoil officials meet with a PDVSA delegation to discuss development of Venezeulan oilfields.
more »

» 05 October 2004
Russia produced 341.149 mn t of oil in January-September.
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» 05 October 2004
Georgia has begun the reconstruction of a gas pipeline from Azerbaijan through which it will import gas from Iran.
more »

» 05 October 2004
Third unit at Kalinin nuclear station to begin operating in November.
more »

» 01 October 2004
Trade turnover between Russia and Kazakhstan to rise from $5 bn in 2003 to $7 bn in 2004.
more »

» 01 October 2004
CNPC has reached agreement with Gazprom on import of Russian gas. Wants 600 BCM over 30 years, while South Korea could get 300 BCM in 30 years.
more »

» 01 October 2004
ConocoPhillips buys 7.6% stake in Lukoil for $1,988mn.
more »

» 01 October 2004
Gazprom supports increase in authorised capital of Kaunas CHPP.
more »

» 01 October 2004
Gazprom has changed the name of its Mezhregiongazkholding subsidiary to Gazpromregiongaz.
more »

» 01 October 2004
Gazprom has decided the date on which it will merge with Rosneft.
more »

» 01 October 2004
YUKOS has temporarily suspended deliveries of oil to CNPC, although sales to Sinopec will continue.
more »

» 01 October 2004
Lukoil wants to buy a further 2.4% of Lukoil shares either directly or through ADRs to bring its total stake to 10%.
more »

» 01 October 2004
SOCAR has signed a PSA with the "Azen Oil Company" for the development of the onshore Binagady block.
more »

» 01 October 2004
The first load of 80,000 tons of oil to be pipelined from Brody to Odessa has been exported by tanker from Yuzhnyi.
more »

» 01 October 2004
AzGerNeft has restored 8 oil wells during January-August.
more »

» 01 October 2004
Drilling equipment for the TPG-500 platform for Shakh Deniz has arrived in Baku.
more »

» 01 October 2004
Kompania Weglowa wants 900 mn zloty increase in authorised capital.
more »

» 01 October 2004
Jastrzebska Spolka Weglowa to invest 1.5 bn zloty in coke production equipment.
more »

» 01 October 2004
PGNiG to join with Verbundnetzgaz to build a new gas pipeline.
more »

» 01 October 2004
Gazprom delegation has visited Libya to consider participation in development of oil and gas fields.
more »

» 01 October 2004
Lithuanian ecologists visit Lukoil oilfield in Kaliningrad Province.
more »

» 01 October 2004
Kuzbassrazrezugol hopes to export coal through Murmansk.
more »

» 01 October 2004
Minister of Natural Resources Yurii Trutnev to visit Surgutneftegaz oilfields.
more »

» 01 October 2004
SIBUR creates Tyumen branch.
more »

» 01 October 2004
New tank farm built at Seydi oil refinery.
more »

» 24 September 2004
OMV wants to buy more blocks in kazakhstan. It already controls the Zhusaly block through its 51% stake in Romanian Petrom.
more »

» 24 September 2004
Lukoil will continue to participate in the Shakh Deniz project for the time being.
more »

» 24 September 2004
Kazakhstan is to export 1,000 t/yr of uranium to South Korea.
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» 24 September 2004
Maersk Oil has contracted Caspian Drilling Company, a joint venture between SOCAR and Santa Fe, to drill in the Turkmen sector of the Caspian.
more »

» 24 September 2004
Kuijik Directorate of Exploration Drilling has completed 10 wells at Korpeje and Gamyshlyja this year.
more »

» 24 September 2004
ABB have completed a 5 MW power station at Yuzhnyi Gamyshlyja oilfield.
more »

» 24 September 2004
ExxonMobil have completed a survey of the Kazakh gas sector.
more »

» 24 September 2004
Work on the Atasu-Alashankou oil pipeline is to begin before the end of September.
more »

» 24 September 2004
Another accident at Inguri hydro station has caused power cuts throughout Georgia.
more »

» 24 September 2004
Surgutneftegaz has commissioned the Yukyaunsk oilfield in Western Siberia.
more »

» 24 September 2004
Gazprom and ChevronTexaco have signed a memorandum on cooperation.
more »

» 24 September 2004
Inter RAO YeES have imported 1 twh of power from Kyrgyzstan this year.
more »

» 24 September 2004
A South Korean delegation has visited Russia and is considering Korean markets for Russian oil.
more »

» 24 September 2004
SIBUR have borrowed $75 mn from Alfa Bank.
more »

» 24 September 2004
Yuganskneftegaz has been valued at $17 bn.
more »

» 24 September 2004
YUKOS are to pay Transneft for its services with oil.
more »

» 24 September 2004
Sibneft has published its first half financial data.
more »

» 24 September 2004
Rosneft and Korean National Oil are to cooperate in the development of Far East oilfields.
more »

» 24 September 2004
Gazprom and TNK-BP are negotiating a stake in Kovykta for the Russian gas company.
more »

» 24 September 2004
The French oil company Total have bought a 25% stake in Novatek, the Russian gas producer.
more »

» 24 September 2004
YUKOShave threatened to stop e porting oil to China because they cannot pay the railway tariff, but the Chinese have offered to bear the transport cost.
more »

» 17 September 2004
Karazhanbasmunai oil company of kazakhstan has paid a dividend of 4,530 tenge per share.
more »

» 17 September 2004
Aganneftegazgeologiya has discovered a large new oilfield at Zapadno-Amputinsk near Varyegan in Western Siberia.
more »

» 17 September 2004
Rosneft will shortly start pumping 25,000 b/d of oil through the Caspian Pipeline Consortium pipeline.
more »

» 17 September 2004
AIOC has produced 4.15 mn t of oil from the Chirag oilfield in the Caspian during january-August.
more »

» 17 September 2004
The IMF and the Azerbaijan Government have agreed on a mechanism for raising domestic energy prices.
more »

» 17 September 2004
Achak explorationists have completed the first well at Yerburun in Turkmenistan. Turkmenabat drillers have also completed a new well at Yangui.
more »

» 17 September 2004
A lubricants plant built by Edeleanu at Turkmenbashi oil refinery is working well. See September issue of Central Asia Energy Monthly.
more »

» 17 September 2004
Technip have started the construction of a diesel hydrofiner at Turkmenbashi.
more »

» 17 September 2004
Marygazdobycha has produced 30 BCM of gas this year, mainly from Dovletabad.
more »

» 17 September 2004
Georgia has threatened to stop importing oil products from SOCAR.
more »

» 17 September 2004
Chevron Munaigaz Inc has started output of large diameter PE pipe from its factory at Atyrau.
more »

» 17 September 2004
The Baltic Pipeline System will reach its 62 mn t/yr capacity by the end of 2005.
more »

» 17 September 2004
YUKOS has increased its estimate of oil reserves owned by its Yuganskneftegaz subsidiary.
more »

» 17 September 2004
Gazprom and Rosneft are to carry out a share swap which will increase the direct ownership of Gazprom by the Government.
more »

» 17 September 2004
Russian oil exports are to increase by 3% a year during 2005-2007 according to the Government.
more »

» 17 September 2004
A visbreaker has been completed at Yaroslavl oil refinery with equipment from Toyo Engineering and Foster Wheeler and a UOP licence.
more »

» 17 September 2004
Lukoil has presented its plans for the development of its oilfields in the Russian sector of the Caspian.
more »

» 17 September 2004
Gazprom, Rosneft and Statoil have signed a memorandum on the development of fields in the Barents Sea.
more »

» 17 September 2004
YUKOS increased its oil production by 8.7% in the first half.
more »

» 07 September 2004
Russia produced 302.6 mn t of oil and condensate in January-August.
more »

» 07 September 2004
The gas reserves of major fields in Kazakhstan have been published. See September issue of Kazakhstan Energy Monthly.
more »

» 07 September 2004
The Uvat subsidiary of TNK-BP produced 723,600 tons of oil in 8 months.
more »

» 07 September 2004
Prime Minister Fradkov has assured China that YUKOS will meet its commitment to export oil.
more »

» 07 September 2004
Turkmenistan President has held discussions with Itera.
more »

» 07 September 2004
TNK-BP has signed an agreement on a $1 bn credit with a syndicate of banks.
more »

» 07 September 2004
Canadian delegation including officials from Buried Hill and Petroleum Pipe Group have visited Turkmenistan.
more »

» 07 September 2004
Oman wants to become involved in development of oilfields in Kazakhstan sector of the Caspian Sea.
more »

» 07 September 2004
SOCAR increased oil production by 0.6% in 8 months over same period of 2003.
more »

» 01 September 2004
Oktyabrskneft division of CNPC-Aktobemunaigaz working well at Zhanazhol. See September issue of Kazakhstan Energy Monthly.
more »

» 01 September 2004
Construction of third Zhanazhol gas plant under consideration by CNPC Aktobemunaigaz.
more »

» 01 September 2004
Baiva of Azerbaijan building new sub-stations in remote districts.
more »

» 01 September 2004
Gazprom has approved a plan to increase ther authorised capital of its JV with Naftogaz Ukrainyi by $34 mn.
more »

» 01 September 2004
YeES has taken stopck of its first year of operations in Georgia.
more »

» 01 September 2004
Oresident Putin has told the leaders of France and Germany that Russian oil production will continue to increase, and that output by all companies including YUKOS is expected to increase.
more »

» 01 September 2004
The Mozdok-Kazi Magomed gas pipeline has been repaired and the supply of Russian gas to Azerbaijan has resumed.
more »

» 01 September 2004
SOCAR oil exports through Novorossiisk in January-August were 5.3% down on 2003.
more »

» 01 September 2004
Azerigaz has drawn up a plan to improve supplies of Iranian gas to Nakhichevan.
more »

» 31 August 2004
A new exploration well has been completed at Korpeje in Turkmenistan, yielding condensate.
more »

» 31 August 2004
SOCAR has extended a contract for the sale of aviation kerosene to Total to the end of the year.
more »

» 31 August 2004
The eastern section of Azeri oilfield (Phase 3) will have two platforms. The production platform will serve 35 development wells and 13 water injection wells. The other platform will have engineering facilities and accommodation blocks.
more »

» 31 August 2004
The Mozdok-Kazi Magomed gas pipeline will be restored to use in the next few days.
more »

» 31 August 2004
A short gas pipeline has been completed between Sovetsk and Neman in Kaliningrad province.
more »

» 31 August 2004
YeES and "Datang" of China have signed a Memorandum of Cooperation.
more »

» 31 August 2004
Kazatomprom subsidiary Ulbinsk Metallurgical Plant has set up the "Ulba-China Co Ltd" in Shanghai.
more »

» 31 August 2004
Petrokazakhstan has received a $100 mn credit from Societe Generale.
more »

» 30 August 2004
A coking plant has become operational at the Heydar Aliev oil refinery in Baku.
more »

» 30 August 2004
The second pre-drilling well has been completed at the western secxtion of Azeri oilfield in the Caspian.
more »

» 30 August 2004
The volume of oil and oil products railed from Baku to Batumi was 6 mn t in january-July.
more »

» 30 August 2004
Uzbekneftegaz increased gas production by 5,6% in January-July, but oil production fell slightly.
more »

» 30 August 2004
Tbilgaz of Tbilisi owes Gazprom $12 mn but cannot pay it without help.
more »

» 30 August 2004
Iran is hoping to export gas to Romania and Bulgaria.
more »

» 30 August 2004
TNK-BP hopes to complete its negotiations with gazprom over the Kovykta gasfield within two months.
more »

» 30 August 2004
Gazprom is setting up a specialised company to operate its underground gas storage reservoirs.
more »

» 30 August 2004
President Putin has appointed former Minister of Energy Igor Yusufov as his special representative for energy issues.
more »

» 30 August 2004
The Russian Ministry of Industry is preparing the documents for a production sharing agreement at Prirazlomnoye.
more »

» 30 August 2004
The Russian Ministry of Natural Resources is preparing a long-term work programme to 2015.
more »

» 30 August 2004
Primorsk oil export terminal is making an assessment of the risk of accidents.
more »

» 28 August 2004
SOCAR has extended its contract to sell diesel to BP Oil.
more »

» 28 August 2004
Iran has extended a $30 mn credit to Armenia towards the cost of building the Iran-Armenia gas pipeline.
more »

» 28 August 2004
The Mozdok-Kazi Magomed gas pipeline has been hit by more sabotage in Chechnya.
more »

» 28 August 2004
Bakgaz is taking its non-paying customers to court to recover debts.
more »

» 28 August 2004
Turkmen well repair crews have repaired 12 wells at Goturdepe and 15 at Barsagelmes.
more »

» 28 August 2004
Uzbekistan expectrs to earn $500 mn from gas exports this year. The gas sells for $40/TCM.
more »

» 26 August 2004
Gazprom will prepare a draft contract for the long term purchase of gas from Karachaganak for the Orenburg Gas Plant by 15th September.
more »

» 26 August 2004
220 kv power line between the Turkmen and Iranian sectors of Serakhs has been completed.
more »

» 26 August 2004
Taurus buys second load of 130,000 t of Azerbaijan oil in september.
more »

» 26 August 2004
Tengizchevroil wants to export oil to China through the Atasu-Alashankou oil pipeline, the construction of which will start shortly.
more »

» 26 August 2004
Baku-Tbilisi-Ceyhan oil pipeline 74% completed in Georgia.
more »

» 26 August 2004
Neftespetsmontazhstroi working well in Turkmenistan, overfulfilling 6-month plan by 25.4%.
more »

» 26 August 2004
Kuijik Directorate of Exploration Drilling has drilled 37,000 metres and completed 8 wells in 7 months.
more »

» 26 August 2004
Third gas plant completed at Naip in Turkmenistan.
more »

» 26 August 2004
Intergas Central Asia and KazTransGaz get BB Standard & Poor rating.
more »

» 26 August 2004
China Energy Ventures Corp wins contract to drill wells at Morskoye field in Kazakhstan.
more »

» 19 August 2004
The 3 pre-development wells drilled at Shakh Deniz have allowed the estimated size of gas reserves to be increased by 100 BCM. A fourth well is to be drilled.
more »

» 19 August 2004
Russia and Ukraine have reached agreement on strategic cooperation in the gas sector.
more »

» 19 August 2004
The Russian Federal Tariff Service has authorised a 5.2% in the average tariff for pumping oil by Transneft.
more »

» 19 August 2004
YeES President Anatolii Chubais has held discussions with Kyrgyz officials on the completion of the Kambar-Ata hydro station.
more »

» 19 August 2004
YUKOS has found a way of selling its shares in Rospan to TNK-BP.
more »

» 19 August 2004
Lukoil is to sell its 100% stake in Arktikneft.
more »

» 19 August 2004
The Primorsk export terminal may suffer from a shortage of icebreakers during the winter after 2007.
more »

» 19 August 2004
AIOC say that Chirag oilfield will see a decline in oil production from 2007-2008.
more »

» 19 August 2004
Schlumberger has won Uzbekistan tender to audit reserves of Kokdumalak field.
more »

» 19 August 2004
First exploration well completed at yerburun prospect in Turkmenistan.
more »

» 19 August 2004
Exports of oil products from Seydi refinery passed 200 bn manats
more »

» 19 August 2004
Kuijik Directorate of Exploration Drilling working well.
more »

» 19 August 2004
Shakh Deniz Phase 1 gas likely to be exported toRussia and Europe rather than Turkey.
more »

» 19 August 2004
Gazprom and Rosneft have discussed the construction of the Prirazlomnoye platform.
more »

» 19 August 2004
Gazprom and Beltransgaz have confirmed the plkan to set up a joint venture to operate the gas transport system in Belarus.
more »

» 19 August 2004
AES are to spend $5 mn on renovating Ekibastuz-1 power station this year.
more »

» 18 August 2004
A new oil loading facility is to be installed at Sinya on the Usinsk-Ukhta trunk pipeline.
more »

» 18 August 2004
CIS ports loaded 120.4 mn t of oil in the first half, 25.4% up on the first half of 2003.
more »

» 18 August 2004
Vostochnyi port loaded 8.31 mn t of coal for Japan and South Korea in January-July, 18% up on 2003.
more »

» 18 August 2004
Slavneft achieved a 27.4% rise in oil output in 7 months.
more »

» 18 August 2004
YUKOS are reported to have claimed they could declare their bankruptcy in the next few days.
more »

» 18 August 2004
Russia plans to export 38.468 mn t of crude in Q3 including 10.6 mn t through Primorsk.
more »

» 18 August 2004
Surgutneftegaz increased oil production by 10.6% in January-July.
more »

» 18 August 2004
The Baku-Tbilisi-Ceyhan oil pipeline is now 75% complete.
more »

» 18 August 2004
Expenditure at Shakh Deniz amounted to $693 mn in the first half of 2004.
more »

» 18 August 2004
Georgia plans to renew the Imereti power line.
more »

» 18 August 2004
The Ust Luga coal terminal has exported 350,000 toins of coal in 7 months.
more »

» 18 August 2004
YUKOS recorded a loss of 77 bn Rub in the first half of this year.
more »

» 18 August 2004
The gaslift systems are being renewed at Goturdepe and Barsagelmes.
more »

» 16 August 2004
Balkan Province of Turkmenistan produced 5.1 BCM of gas in January-July oif which 4.5 BCM was exported to Iran.
more »

» 16 August 2004
The Turkish company "Sehil Insaat Industri" is building an office for Turkmenneft in Balkanabat.
more »

» 14 August 2004
The Russian Ministry of Justice has contracted Dresdner Kleinwort Wasserstein to estimate the value of Yuganskneftegaz.
more »

» 14 August 2004
The capacity of the Usa-Ukhta oil pipeline is to be increased by 1.9 mn t/yr.
more »

» 14 August 2004
Lukoil-Neftekhim increased its output of petrochemicals by 38% in Q2 compared with Q2 of 2003.
more »

» 14 August 2004
The drilling of a new well has started at Bakhar gasfield.
more »

» 14 August 2004
British Petroleum bought 30,500 tons of diesel from the Heydar Aliev refinery of Baku in July.
more »

» 14 August 2004
Delta Petroleum has expressed interest in participating in the privatisation of Poti oil trerminal in Georgia.
more »

» 14 August 2004
The new President of British Gas Kazakhstan is Larry Anderson.
more »

» 14 August 2004
The "Baiva" company is reconstructing power lines and sub-stations in Azerbaijan.
more »

» 13 August 2004
Trading in Mangistaumunaigaz shares has been suspended by the Kazakhstan Stock Exchange.
more »

» 13 August 2004
Ai-Dan Munai is to offer its shares in Kok Aral Munai as collateral for a $1.5 mn loan from Kazkommertzbank.
more »

» 13 August 2004
AIOC produced 3,532,000 tons of oil from Chirag in January-July.
more »

» 13 August 2004
Turkmenistan recorded another poor month for gas production, with output in July 20% down on July 2003. Declining exports are blamed. See Central Asia Energy Monthly.
more »

» 13 August 2004
British Petroleum faces possible Court case and fines over pollution at Chirag oilfield. See Caucasus Energy Monthly.
more »

» 13 August 2004
PetroKazakhstan is to re-purchase 10% oif its shares and cancel them.
more »

» 13 August 2004
Total of France has won the tender to buy the first load of 130,000 tons to be sold by SOCAR from Novorossiisk in September. Rocoil and Petrofarm won the August tenders.
more »

» 13 August 2004
Russian gas supplies to Azerbaijan have resumed at 16 MCM/day.
more »

» 13 August 2004
Tengizchevroil pumped 8.3 mn t of oil through the Tengiz-Novorossiisk pipeline in January-July.
more »

» 12 August 2004
YUKOS have received another warning of default by its creditors. It refers to a loan of $1.6 bn organised by Societe Generale, the repayment of which was guaranteed by export earnings.
more »

» 12 August 2004
The auction for a licence to work parts of the Yarega block in Komi Republic has been cancelled.
more »

» 12 August 2004
YUKOS has held discussions with Transneft and Rossiiskiye Zheleznii Dorogi to ensure that its exports will continue to reach the ports.
more »

» 12 August 2004
Sibneft is to hold an EGM on 31st August to discuss the divorce with YUKOS.
more »

» 12 August 2004
Russia will export 260 mn tons this year according to Khristenko.
more »

» 11 August 2004
A total $4 bn has now been spent on the Azeri oilfield project.
more »

» 11 August 2004
YUKOS appeal to be heard by Moscow Arbitration Court on August 17th.
more »

» 11 August 2004
Borjomi Gorge inhabitants riot against construction of Baku-Tbilisi-Ceyhan pipeline.
more »

» 11 August 2004
Construction of three storage tanks of 120,000 tons each nearing completion at Sangachal.
more »

» 11 August 2004
Yuganskneftegaz assets frozen again by Moscow Court Bailiff Service.
more »

» 11 August 2004
Minister of Justice Yurii Chaika denies claims that YUKOS will have to stop oil production.
more »

» 11 August 2004
Sibneft produces 16.5 mn t of oil in 1st half.
more »

» 11 August 2004
Refinery throughout by Lukoil plant at Kstovo increased 6% in January-Ju;y.
more »

» 10 August 2004
Karachaganak to increase deliveries of gas to Orenburg in 2005.
more »

» 10 August 2004
Kazakh oil production rose by 13.3% in 7 months. KazMunaiGaz up 10.9%, Tengizchevroil up 2.1%, Mangistaumunaigaz up 8%, CNPC-Aktobemunaigaz up 11%.
more »

» 10 August 2004
Kazakh gas production up 45.4% in 7 months.
more »

» 10 August 2004
Arrest of shares in YUKOS subsidiary Tomskneft confirmed by Moscow Arbitration Court.
more »

» 10 August 2004
Centrilift opens repair centre in Muravlenko, Tyumen Province.
more »

» 10 August 2004
Russian railways increased oil exports by 11% in 7 months of 2004.
more »

» 10 August 2004
Sevgeokabel factory of St Petersburg reaches project capacity. Produces cables for geophysical work.
more »

» 10 August 2004
Problems arise with Siemens planned takeover of Silovye Mashiny.
more »

» 10 August 2004
Dubai investors want to buy out YUKOS and pay its tax debts.
more »

» 10 August 2004
Working Group for construction of Burgas-Alexandropolis oil pipeline begins work.
more »

» 10 August 2004
KEGOC of Kazakhstan increased transmission of electricity by 30% in first half due to higher exports to Russia.
more »

» 10 August 2004
Lebapgeofizika of Turkmenistan has completed geophysical survey and identified several new structures on Amu Darya right bank.
more »

» 10 August 2004
Galkynyshnebit Directorate of Turkmenistan produced oil above target in first half.
more »

» 10 August 2004
Another oil well completed at Korpeje in Turkmenistan.
more »

» 10 August 2004
Zerger-Khalach gas pipeline completed in Lebap province of Turkmenistan.
more »

» 10 August 2004
Naip liquified gas plant is exceeding its project capacity of 80,000 t/yr.
more »

» 10 August 2004
Parker Instrumentation signs distribution agreement for Turkmenistan and Uzbekistan.
more »

» 09 August 2004
Azerenergy produced 1.5 twh of electricity in July.
more »

» 09 August 2004
Iran to start delivering gas to Nakhichevan in October 2005.
more »

» 09 August 2004
Iran to extend $75 mn credit to Azerbaijan for construction of 4 sub-stations on Imishli-Ali Bayramli-Astara power line.
more »

» 09 August 2004
Azerbaijan oil product exports rose 25% in January-July.
more »

» 06 August 2004
The KfW bank of Germany is to extend a credit for the construction of a power line from Mingechavir to Imishli.
more »

» 06 August 2004
CEZ is to sell its 34% stake in CEPS to the Czech Government.
more »

» 06 August 2004
CEZ records a 42% rise in its first-half operational profits.
more »

» 06 August 2004
Unipetrol records a big increase in profits with only Benzina making a loss.
more »

» 06 August 2004
MOL may sell its 50% stake in Panrusgaz.
more »

» 06 August 2004
ExxonMobil has invested a total $1.5 bn in Azerbaijan in the Zafar Mashal, Nakhchivan, Azeri-Chirag-Gyuneshli and Alov-Araz-Sharg projects.
more »

» 06 August 2004
Gazprom is to buy 70% stake in Uzbek Avtogaz company.
more »

» 06 August 2004
PKN Orlen revenue and profits rising strongly.
more »

» 06 August 2004
ABB wins contract to build Zambrow compressor station on Polish stretch of Yamal-Germany gas pipeline.
more »

» 06 August 2004
After unfreezing YUKOS bank accounts, the Court bailiff service has frozen them again.
more »

» 06 August 2004
Lentransgaz has opened a new compressor station serving the Yamal-Germany gas pipeline.
more »

» 05 August 2004
SOCAR is to drill 22 gas wells in the shallow-water section of Gyuneshli by 2010.
more »

» 05 August 2004
Bakgaz has installed 22,000 gas meters in Baku.
more »

» 05 August 2004
The construction of the Baku-Tbilisi-Ceyhan oil pipeline has resumed in the Borjomi Gorge.
more »

» 05 August 2004
Aktau sea port shipped 4.55 mn t of crude oil in first half.
more »

» 05 August 2004
Gazprom has started producing gas at Shakhpakhty in Uzbekistan under its PSA with Uzbekneftegaz.
more »

» 05 August 2004
Vyborg Shipbuilding Plant has launched the first 12,000 dwt tanker for Kazmortransflot.
more »

» 05 August 2004
The second stage of development of the Fedorovsk oilfield in Kazakhstan is under way by a consortium of MOL, First International Oil Company (FIOC) and YUKOS sub-division Avery Worldwide.
more »

» 04 August 2004
The third development will to be drilled at Jeitun by Dragon Oil has yielded 1,843 b/d from a depth of 2,470 metres.
more »

» 04 August 2004
Four storage tanks able to hold 80,000 tons of oil have been installed at Seydi refinery.
more »

» 04 August 2004
Gazkomplektimpeks is to build a warehouse at Kaliningrad for storing equipment imported for Gazprom.
more »

» 04 August 2004
Rosenergoatom generated 80.92 twh in 7 months.
more »

» 04 August 2004
Russia produced 38.5 mn t of oil in July..
more »

» 04 August 2004
Uzbekistan to get $116 mn loan from China for development of Arniyaz, Markovsk, Sardob and Umid oilfields.
more »

» 04 August 2004
Kazakhstan plans to increase oil production by 9.2% to 56 mn t this year.
more »

» 04 August 2004
KazMunaiGaz to sign production sharing agreement with Rosneft to develop Kurmangazy before end of year.
more »

» 04 August 2004
Construction of Baku-Tbilisi-Ceyhan pipeline still held up by Georgians at Borjomi Gorge.
more »

» 03 August 2004
The YUKOS tax debt of 197.4 bn Rub could grow further as Ministry of Taxes begins investigating accounts of 2002.
more »

» 03 August 2004
Gum Adasy wants $300,000 to decontaminate 36 hectares of land.Biological methods used on 1.5 hectares.
more »

» 03 August 2004
PetroKazakhstan reports 53.6% increase in net profit for first half.
more »

» 03 August 2004
Transnefteprodukt accounts for 2003.
more »

» 03 August 2004
Silovye Mashiny accounts for first half of 2004 show gross profit of 2,101 mn Rub.
more »

» 03 August 2004
Hungarian MOL importing Turkmen gas via Bothli Trade AG of Switzerland.
more »

» 03 August 2004
Keimir enterprise of Turkmenneft produced 600,000 t of oil and 700 MCM of gas in first half.
more »

» 30 July 2004
The agreement on the refinancing of the Kazakh share in the Kenkiyak-Atyrau pipeline project has been signed.
more »

» 30 July 2004
The Kazakh Government has discussed the forthcoming construction of the Atasu-Alashankou oil pipeline.
more »

» 30 July 2004
Gazprom has published data on its production, transportation and storage of gas in the first half.
more »

» 30 July 2004
Lukoil increased oil production by 8.4% in the first half.
more »

» 30 July 2004
The Moscow bailiffs have lifted the ban on the sale of property belonging to three YUKOS subsidiaries, Yuganskneftegaz, Samaraneftegaz and Tomskneft.
more »

» 30 July 2004
Work on the Baku-Tbilisi-Ceyhan pipeline in the Borjomi Gorge is to resume on 2nd August.
more »

» 30 July 2004
The Kuijik Directorate of Transport is working well. It belongs to Turkmenneft and is located at Kumdag.
more »

» 29 July 2004
Silovye Mashiny is to open a branch in Egypt.
more »

» 29 July 2004
Sevkabel of St Petersburg is to supply cable for Busshehr nuclear station in Iran.
more »

» 29 July 2004
Itera has confirmed its withdrawl from Uzbekistan,
more »

» 29 July 2004
Georgia says that Baku-Tbilisi-Ceyhan oil pipeline will be completed on time.
more »

» 29 July 2004
YUKOS warn that they could stop producing oil in the next few days.
more »

» 29 July 2004
Georgia is urged to reduce the tariff for railing oil to Batumi.
more »

» 29 July 2004
The Ekerem Directorate of Exploration Drilling of Burneftegaz has completed its second well at the Shatut oilfield.
more »

» 29 July 2004
The new oil quality testing laboratory at Aktau has opened. It will test oil for local companies including KazMunaiGaz and Tengizchevroil
more »

» 29 July 2004
SOCAR paid $170 mn in taxes in first half.
more »

» 28 July 2004
3rd pre-drilling well at Shakh Deniz has been closed by BP Azerbaijan.
more »

» 28 July 2004
Sections of the TPG-500 platform are being sent to Azerbaijan from Singapore for the Shakh Deniz gasfield.
more »

» 28 July 2004
TNK-BP are studying an $80 mn project to produce synthetic oil from share in Leningrad Province.
more »

» 28 July 2004
Odessa-Brody pipeline will start pumping oil for export from Yuzhnyi on August 1st.
more »

» 28 July 2004
Lukoil is to send its specialists back to Iraq.
more »

» 28 July 2004
Siemens has won a tender by Azerenergy to reconstruct power lines in Iraq.
more »

» 28 July 2004
Lebapneftegazstroi has started welding work for the reconstruction of a 14-km section of the Central Asia-Centre gas pipeline.
more »

» 26 July 2004
Shamkhor hydro station generated 0.92 twh in 1st half of 2004.
more »

» 26 July 2004
Azerneftyag refinery sent 286,000 t of fuel oil to Heidar Aliev for secondary refining in 1st half.
more »

» 26 July 2004
Drilling of new oil well completed at Alyat-Deniz oilfield.
more »

» 26 July 2004
Drilling of 2 new wells completed at Surukhany oilfield.
more »

» 26 July 2004
Georgia wants to buy Iranian gas from Iran-Armenia gas pipeline.
more »

» 26 July 2004
Drilling of new well started at "Garashsyzlygyn 10 iyly" gasfield in Turkmenistan.
more »

» 26 July 2004
Oil reserves at Yuzhnyi Kamyshlyja being re-assessed.
more »

» 26 July 2004
YUKOS shares lose 20% as bankruptcy looms.
more »

» 26 July 2004
Arrest warrant issued for YUKOS shareholder Nevzlin on suspicion of involvement in murder.
more »

» 26 July 2004
Gazprom Council of Directors approves creation of Mezhregiongazkholding.
more »

» 26 July 2004
CNPC believe that YUKOS will fulfil their obligations to export oil to China.
more »

» 23 July 2004
Gazeksport has reduced gas supplies to Tbilisi from 900 to 200 TCM/day because Tbilgaz is failing to pay it.
more »

» 23 July 2004
YUKOS has officially announced that it will have to sell Yuganskneftegaz. Gazprom, Surgutneftegaz and Rosneft have said that they are not interested in buying it.
more »

» 23 July 2004
Gazprom has confirmed its plans to export gas to Japan from Eastern Siberia and the Far East.
more »

» 23 July 2004
YeES wants Georgia to sell the Inguri hydro station.
more »

» 23 July 2004
The reeconstruction of the UZK-3 slow coking plant has been completed at Turkmenbashi oil refinery.
more »

» 21 July 2004
Azerenergy is delivering fuel oil to its power stations which means that Azerigaz is able to fully supply other customers with gas despite the closure of the Mozdok Kazi Magomed pipeline for repairs.
more »

» 21 July 2004
Turkmenneft produced 3.8 mn t of oil and condensate in the first half of this year.
more »

» 21 July 2004
YUKOS oil and gas reserves are estimated to be worth $43 bn. The value of Yuganskneftegaz, which the Ministry of Taxes wants to sell to pay YUKOS tax arrears, has been estimated at $17.05 bn.
more »

» 21 July 2004
The Head of the Russian Federal Agency for Nuclear Power has visited Busshehr Nuclear Station in Iran.
more »

» 21 July 2004
British Gas subsidiaries in Kazakhstan have been accused of illegal exports of condensate.
more »

» 20 July 2004
Azerneftyag refinery exported 615,000 tons of oil products in first half.
more »

» 20 July 2004
CEZ wants to buy stakes in Romanian power distributors Electrica Oltenia and Electrica Moldova.
more »

» 20 July 2004
Unipetrol offers to sell its 51% stake in Ceska Rafinerska to IOC.
more »

» 20 July 2004
YUKOS delivers 7.2 mn t/yr of oil to MOL of Hungary under agreement of July 2003. Part of the oil is refined by Slovnaft of Bratislava.
more »

» 20 July 2004
Lotos of Poland plans to invest 2 bn zloty by 2010. It will increase its filling stations in southern Poland from the current 50 to 150.
more »

» 20 July 2004
PKN Orlen to invest $1 bn by end of 2005.
more »

» 20 July 2004
TNK-BP wants to build an oil export terminal at Ust Luga in Leningrad Province.
more »

» 20 July 2004
Azerbaijan plans to quadruple the domestic price of gas before selling the distribution network to a foreign investor.
more »

» 20 July 2004
Ukrgazpromstroi has signed a contract to carry out additional work at Goturdepe.
more »

» 20 July 2004
New asphalt plant commissioned at Gazachak.
more »

» 17 July 2004
Azerigaz sold 232.2 MCM of gas to households in the first half and received revenue of 19,493 mn manats with a payment rate of 86.4%.
more »

» 17 July 2004
AIOC increased oil production by 67,000 tons in first half.
more »

» 17 July 2004
Balakhanyneft produced 105,000 t of oil in first half.
more »

» 17 July 2004
The gas supply contract by Iran with Armenia could be amended to increase the volume to 47 BCM over 20 years.
more »

» 17 July 2004
CNPC-Aktobemunaigaz is achieving a big increase in oil production from Kenkiyak. Most of its oil still comes from Zhanazhol.
more »

» 17 July 2004
Uzbekistan has extended the deadline to tender for the right to audit its hydrocarbon reserves.
more »

» 17 July 2004
Details of Sibneft oil reserves are to be published in the July edition of Russian Energy Monthly.
more »

» 17 July 2004
Moldova wants its gas debt to Gazprom to be restructured.
more »

» 17 July 2004
E.ON has won a tender to administer the electricity supply to north-eastern Bulgaria.
more »

» 17 July 2004
Silovye Mashiny is undertaking the reconstruction of Swedish hydro stations.
more »

» 17 July 2004
Rocoil of Portugal has won the first tender for a load of 130,000 tons of SOCAR oil in August.
more »

» 17 July 2004
Preparation work for the construction of a diesel hydrofiner has started at Turkmenbashi.
more »

» 17 July 2004
Turkmenistan produced 40,555 tons of polypropylene in first half.
more »

» 17 July 2004
OMZ has won contracts to supply drilling rigs to Syria.
more »

» 16 July 2004
SUEK sold 37.5 mn t of coal in first half, 23% up on last year.
more »

» 16 July 2004
Russian gold and hard currency reserves have risen by $1 bn to $89.2 bn.
more »

» 16 July 2004
LUKOR petrochemical company has obtained a number of ISO certifications.
more »

» 16 July 2004
YUKOS say they will pay most of their tax debt this week.
more »

» 16 July 2004
a 22 ton/hour ammonia liquification plant has been commissioned at mary fertiliser plant.
more »

» 16 July 2004
Turkmenabat exploration enterprise drilled 17,400 metres in first half, 33% up on 2003.
more »

» 15 July 2004
Azneft invested 284.5 mn manats in first half, and drilled 73,500 metres of wells.
more »

» 15 July 2004
SOCAR exported 31,000 t of oil products to Georgia and 11,000 t to Iran in June.
more »

» 15 July 2004
Russia could raise export duty on oil products to $45.4/ton in August, 65% of the rate for crude oil.
more »

» 15 July 2004
The first 9 BCM/yr phase at Yurkharovsk gasfield is now operational.
more »

» 15 July 2004
Gazprom delegation visits Romania to discuss purchase of Distrigaz Sud SA,
more »

» 15 July 2004
Azpetrol has 54 filling stations and 4 gas-filling stations, and controls 50% of the retail market in Azerbaijan.
more »

» 15 July 2004
Delivery of Russian gas to Azerbaijan stopped again due to anotherr accident on Mozdok-Kazi Magomed gas pipeline.
more »

» 15 July 2004
Shares in YUKOS subsidiaries Yuganskneftegaz and Samaraneftegaz arrested.
more »

» 15 July 2004
Eurasian Energy Corporation generated 4.96 twh of electricity in first half and mined 5.56 mn t of coal.
more »

» 15 July 2004
Soyuzneftegaz of Russia wins controllong stake in UzPEC and signs PSA with Uzbekistan.
more »

» 14 July 2004
Georgia has agreed to buy gas from Iran to be delivered by a pipeline running through Azerbaijan.
more »

» 14 July 2004
Silovye Mashiny earned a revenue of $352 mn in 2003, an increase of 27.3% over 2002.
more »

» 14 July 2004
Another US law firm has raised a court action against YUKOS on behalf of American investors who think they may be about to lose money.
more »

» 13 July 2004
Turkmenistan is to build a 220-kv power line Mary-Ashkhabad-Balkanabat.
more »

» 13 July 2004
Kazakh energy minister Shkolnik says that the Government has first priority right to buy British Gas stake in Kashagan.
more »

» 13 July 2004
Enex are to build a 97 MW compressor station at Dovletabad gasfield.
more »

» 13 July 2004
Khodorkovskii repeats offer to give Russian Government his 44% stake in YUKOS.
more »

» 13 July 2004
Russian Audit Chamber is investigating Transneft tariff for use of Baku-Novorossiisk oil pipeline.
more »

» 13 July 2004
Surgutneftegaz increased oil production by 10% in first half.
more »

» 13 July 2004
Turkmenbashi refinery produced 815,400 tons of gasoline in first half.
more »

» 13 July 2004
Heydar Aliev refinery exported 66,900 tons of oil products in June.
more »

» 13 July 2004
Volgotanker is to raise $120 mn to renovate its tranker fleet.
more »

» 13 July 2004
Poland has criticised Ukrainian decision to reverse the flow in the Odessa-Brody pipeline.
more »

» 09 July 2004
The Uzen-Atyrau-Samara trunk oil pipeline has suffered an accident in mangistau province.
more »

» 09 July 2004
KazMunaiGaz oil production rose 9% in the first half.
more »

» 09 July 2004
The Pakistan Minister of Fuel and Natural Resources has visited Azerbaijan.
more »

» 09 July 2004
Barmek Azerbaijan is to build an electrical engineering plant at a cost of $20 mn.
more »

» 09 July 2004
Two more oil storage tanks have been completed at Turkmenbashi oil refinery.
more »

» 09 July 2004
Mangistaumunaigaz has published details of its main shareholders.
more »

» 08 July 2004
Turkmenburgaz drilled 55,000 metres in the first half of 2004.
more »

» 07 July 2004
Heydar Aliev refinery exported 418,300 tons of products in 1st half of 2004.
more »

» 07 July 2004
SOCAR exported 1,281,000 t of oil from Novorrossiisk in 1st half of 2004.
more »

» 07 July 2004
KazTransOilhas paid $6.4 mn interest on Eurobonds.
more »

» 07 July 2004
Turkmenistan gas production rose 3.9% in 1st half of 2004.
more »

» 07 July 2004
YUKOS could face tax claims for 2002 and 2003 on top of the $6.4 bn owed for 1999-2001.
more »

» 07 July 2004
Lukoil aiming to sell its "Lukoil-Burenie" subsidiary.
more »

» 07 July 2004
YUKOS denies Western rumours that it is planning to reduce its oil exports.
more »

» 06 July 2004
Azerbaijan gas production declined 1% in the first half of 2004.
more »

» 06 July 2004
Glencore has bought the 4th load of Azeri Light to be exported by SOCAR from Supsa.
more »

» 06 July 2004
Kazakhstan gas production rose 41.6% in the first half of 2004.
more »

» 06 July 2004
Gazprom has taken part in the ceremony to mark the commissioning of the South Pars gasfield.
more »

» 06 July 2004
YeES power stations increased electricity production by 2.1% in the first half of 2004.
more »

» 06 July 2004
TNK-BP increased oil production 14% in the first half of 2004.
more »

» 06 July 2004
YUKOS has been declared in default on a loan of $1 bn by Societe Generale.
more »

» 06 July 2004
ChevronTexaco expect to invest $10 bn in Russia.
more »

» 06 July 2004
Russian oil production rose 10.4% in the first half of 2004.
more »

» 06 July 2004
Turkmenistan exported 23 BCM in the first half of 2004.
more »

» 06 July 2004
The Rosneft pipeline from Vankorsk to Dikson will be 710 kms in length.
more »

» 05 July 2004
Lord Browne and Aleksei Miller have met to discuss participation by Gazprom in the development of Kovykta oilfield.
more »

» 05 July 2004
YUKOS offer to hand over to the Government its 92% stake in Sibneft to pay off tax debts has been turned down. Its bank accounts have been frozen.
more »

» 05 July 2004
St Petersburg Oil Terminal exported 4.1 mn t of products in first half of 2004.
more »

» 05 July 2004
Ekerem oil port in Turkmenistan being restored by Petro Gas Fze of United Arab Emirates. See Central Asia Energy Monthly.
more »

» 05 July 2004
Elvari Neftegaz Holdings has been set up by Rosneft and BP to work the Sakhalin-5 project.
more »

» 05 July 2004
A pipeline to be built by Rosneft from Vankorsk oilfield to Dikson for the export of oil.
more »

» 02 July 2004
Kazakh Government wants to buy British Gas stake of 16.67% in Agip KCO consortium so as to influence route of export of oil from Kashagan field.
more »

» 02 July 2004
Uzbekistan is to hold a tender to appoint a company to audit the hydrocarbon reserves of Kokdumalak field.
more »

» 02 July 2004
Russian Ministry of Taxes has sent YUKOS a tax bill for 2001 of $3 bn on top of the $3 bn owed for 1999-2000. The bailiffs have gone to the YUKOS office in Moscow.
more »

» 02 July 2004
Gazprom and Gasunie have signed a memorandum on strategic cooperation.
more »

» 02 July 2004
Neftegaz Ukrainyi has sent road-making equipment to Turkmenistan in exchange for 227 MCM of gas.
more »

» 02 July 2004
Transneft has published its financial and operational data for 2003. See Russian Energy Monthly.
more »

» 02 July 2004
Nortgaz made a loss of $3.5 mn in 2003.
more »

» 02 July 2004
Gazprom and Sinopec are to create a single system of gas production, transport and supply.
more »

» 02 July 2004
Kazakhstan refined 3.83 mn t of oil in January-May. See Kazakhstan Energy Monthly
more »

» 01 July 2004
Azerbaijan imported 58,000 t of oil products and exported 917,000 t in January-May.
more »

» 01 July 2004
Slavneft to pay out 8.3 bn Rub in dividends for 2003.
more »

» 01 July 2004
The Arbitration Court in Moscow has rejected an appeal by YUKOS against the decision ordering it to pay 99.4 bn Rub in tax arrears. The company has made an official declaration about its "artrificial bankruptcy".
more »

» 01 July 2004
Lukoil has completed the installation of a 120,000 t/yr isomerisation plant at Odessa refinery.
more »

» 01 July 2004
Lukoil has bought the 50% stake in LUKagip belonging to ENI. This gives it ownership of the Meleya field in Egypt, and the stakes of LUKagip in the Shakh deniz gasfield and South Caucasus gas pipeline.
more »

» 01 July 2004
Barmek has revealed electricity waste in Baku.
more »

» 01 July 2004
Taurus Petroleum of Switzerland has bought the 130,000 ton load of SOCAR oil to be lifted from Novorossiisk in July.
more »

» 01 July 2004
Nortgaz earned a revenue of $152 mn in 2003.
more »

» 01 July 2004
Local politicians are taking a keen interest in the activities of Shell at the Salym Group.
more »

» 01 July 2004
Gazprom sent 1.87 BCM of gas to Serbia in 2003 and plans for 2.1 BCM this year.
more »

» 01 July 2004
Russia could export electricity to North Korea.
more »

» 30 June 2004
Inguri Hydro Station has suffered another accident causing blackouts throughout much of Georgia.
more »

» 30 June 2004
KazTransGaz is to raise $250 mn by Eurobond issue.
more »

» 30 June 2004
Ekerem Directorate of Exploratrion Drilling has now drilled 10 wells,mainly at Akpatlavuk.
more »

» 30 June 2004
Lukoil is stepping up its efforts to renew its contracts in Iraq.
more »

» 30 June 2004
The first load of oil products, 18,000 t of vacuum gas oil, has been shipped from Vysotsk, which has been exporting only crude until now.,
more »

» 29 June 2004
The first well at Zafar Mashal has reached a depth of 5,000 metres. See Caucasus Energy Monthly.
more »

» 29 June 2004
Iran-Armenia gas pipeline construction work to start shortly.
more »

» 29 June 2004
Kazakhstan advised to invest oil revenues in other industries.
more »

» 29 June 2004
Kyrgyzenerhgo electricity utility of Kyrgyzstan to be privatised this year.
more »

» 29 June 2004
Lukoil has commissioned a 1 mn t/yr catalytic reformer at its Kstovo oil refinery.
more »

» 29 June 2004
Silovye Mashiny has sent equipment for a diesel power station at Paros in Greece.
more »

» 29 June 2004
Severnaya Neft increased oil production by 45% in January-May.
more »

» 29 June 2004
The Russian Ministry of Natural Resources is to study whether Shell is fulfilling its licence agreement for the Salym group of oilfields.
more »

» 28 June 2004
The drilling of Well N-401 has started at the shallow water section of Gyuneshli by SOCAR.
more »

» 28 June 2004
Up to $300 mn is to be invested at Pirsagat oilfield. See Caucasus Energy Monthly.
more »

» 28 June 2004
Ukraine wants to buy 3 BCM/yr of gas from Uzbekistan.
more »

» 28 June 2004
Balkanneftegeofizika has acquired a new well testing device.
more »

» 28 June 2004
YUKOS have appointed Viktor Gerashchenko as Chairman of the Council of Directors. Steven Theide has been appointed Chairman of the Board in place of Semen Kukes.
more »

» 28 June 2004
Lukoil plans to reduce the supply of oil to the domestic market while boosting exports.
more »

» 28 June 2004
The Severnaya Neft subsidiary of Rosneft expects to increase oil proction by 50% this year to 3,517,000 tons.
more »

» 28 June 2004
The Yamalo-Nenetskii region of Tyumen Province produced 540 BCM of gas and 50 mn t of oil last year.
more »

» 25 June 2004
The Ministry of Industry and Russian oil companies are to create a coordination councilfor the formation of a single position.
more »

» 25 June 2004
A law on trunk pipeline transport in Russia could be adopted before the end of this year.
more »

» 25 June 2004
TNK-BP is to undergo a corporate restructuring.
more »

» 25 June 2004
Gazprom is to participate in the privatisation of the Romanian gas distribution company Distrigaz Sud SA
more »

» 25 June 2004
Russian oil refining in January-May amounted to 78.8 mn t, just 0.1% more than in the same period of 2003.
more »

» 25 June 2004
Lukoil is to sell its shares in the Lukoilneftegazstroi enterprise.
more »

» 23 June 2004
Marygazdobycha produced 11.1 BCM of gas in 5 months. See Central Asia Energy Monthly.
more »

» 23 June 2004
Accident on Baku-Novorossiisk oil pipeline repaired.
more »

» 23 June 2004
Zarit expects to sign PSA to develop 3 blocks on Caspian shelf in near future.
more »

» 23 June 2004
Restructuring of Uzbekneftegaz completed.
more »

» 23 June 2004
Gazprom and Gaz de France have discussed prospects for cooperation.
more »

» 23 June 2004
Lukoil and Iraqi Ministry of Oil have held the first meeting of their joint technical committee.
more »

» 23 June 2004
Gazprom hopes to develop a gasfield in Libya.
more »

» 23 June 2004
DEPA is to buy 0.75 BCM of gas from Turkey in 2006. This will be part of the gas contracted by Turkey from Phase 1 of the Shakh Deniz project.
more »

» 23 June 2004
The Georgian Government is expecting $1 bn of grants and soft credits from donor countries, of which $300 mn will be spent on the electricity sector.
more »

» 22 June 2004
Caspoian Shipping Company carried 3,956,000 tons of oil in January-May.
more »

» 22 June 2004
Azneftekhimmash produced 35 bn manats of petroleum engineering products in January-May.
more »

» 22 June 2004
Shengli International is to invest $300 mn in the Pirsagat field.
more »

» 22 June 2004
Interfaz Central Asia, which belongs to KazTransGaz, is to make a Eurobond issue.
more »

» 22 June 2004
KazMunaiGaz produced 2,042,000 tons of oil in the first quarter.
more »

» 22 June 2004
YUKOS plans to reepay its creditors $480 mn ahead of schedule.
more »

» 22 June 2004
A Russian delegation has held discussions with Kogaz and Sinopec on potential sales of LNG.
more »

» 22 June 2004
Russia expects to be able to use the Odessa-Brody pipeline to export 9 mn t/yr of oil from Yuzhnyi.
more »

» 22 June 2004
Rosenergoatom records a 2.9% decline in power output in January-May.
more »

» 22 June 2004
Nenets Rehion to produce 12 mn t of oil in 2005.
more »

» 22 June 2004
Gazprom plans to send Europe 178 BCM of gas in 2008 after 140 BCM in 2004.
more »

» 18 June 2004
The Russian Government believes that oil production will rise to 450 mn t this year, 460 mn in 2005 and 475 mn t/yr in 2006-2007. Minister of Economic Development German Gref says that growth rates could be much higher.
more »

» 18 June 2004
OPEC has asked Russia to increase oil production, but the Government says that this is impossible at the present time.
more »

» 18 June 2004
Turkmen refineries refined 2.83 mn t of oil in January-May, 10% up on 2003. Electricity output rose 5% to 4.6 twh. See Central Asia Energy Monthly.
more »

» 18 June 2004
Mollakor-Tejem gas pipeline second string under construction.
more »

» 18 June 2004
Turkmenistan gets two new drilling rigs from Russia.
more »

» 18 June 2004
Russia is trying to persuade Kazakhstan to use the Iranian swap scheme for exporting oil through the Persian gulf,
more »

» 18 June 2004
Oil production in Azerbaijan declined 1.4% in January-May.
more »

» 18 June 2004
Gazprom is owed $3.25 bn by Ukraine, Belarus and Moldova.
more »

» 18 June 2004
Production sharing agreement for Kandym, Khauzak and Shady gasfields signed by Vagit Alekperov of Lukoil, Abdusalah Azizov of Uzbekneftegaz and Uzbek Deputy Prime Minister Utkir Sultanov.
more »

» 18 June 2004
Kyrgyzgaz to be restructured.
more »

» 17 June 2004
Lori-Berd hydro plant of 56 MW could be built in Armenia.
more »

» 17 June 2004
Litasco has won a tender to buy a load of 80,000 tons of SOCAR oil from Novorossiisk in July.
more »

» 17 June 2004
Gazprom could cut gas supplies to georgia because it is not being paid.
more »

» 17 June 2004
Kazakhoil Aktobe is to spend $61 mn on the Alibekmola oilfield in Kazakhstan.
more »

» 17 June 2004
Natig Ltd has won a tender declared by Barmek foir the reconstruction of a sub-station in Azerbaijan.
more »

» 17 June 2004
Shakh-Deniz gasfield is to supply 0.2 BCM/yr of gas to operate the BTC oil pipeline.
more »

» 17 June 2004
Arawak has signed a contract to sell gas to SOCAR from the South West Gobustan field.
more »

» 17 June 2004
Turkmenabat Trust of Turkmenburgaz has completed drilling of 7 wells in January-May.
more »

» 17 June 2004
Gazeksport sent NIS of Serbia 1.87 BCM of gas in 2003. Plans for 2 BCM this year.
more »

» 16 June 2004
Prime Minister Fradkov will officially open the Vysotsk oil terminal on June 16th.
more »

» 16 June 2004
The Russian Ministry of Industry and Energy has published its forecasts for the energy sector for 2005. See Russian Energy Monthly.
more »

» 16 June 2004
Gazprom is considering increasing the price of gas delivered to the Baltic states from the present $80-85/TCM to $120/TCM in line with the price charged to Poland.
more »

» 16 June 2004
A Gazprom delegation has visited Serbia for discussions with NIS on gas supplies.
more »

» 16 June 2004
Slavneft increased its oil production by 29.3% during January-May.
more »

» 16 June 2004
Severo-Urengoi gasfield has produced 10 BCVM of gas and 2.2 mn t of condensate since it came on-stream in 1999. It is worked by Nortgaz.
more »

» 16 June 2004
Gazprom is to begin development of the Yuzhno-Russkoye gasfield.
more »

» 14 June 2004
Heydar Aliev oil refinery exported 351,438 tons of oil products in January-May.
more »

» 14 June 2004
Goturdepeneft has produced 1 mn t of oil and Nebitdagneft 630,000 tons during January-May.
more »

» 14 June 2004
Azerigaz plans to pump 1 BCM of gas into the Garadag and Kalmaz underground gas storage reservoirs.
more »

» 14 June 2004
SOCAR believes its oil production could drop to 8.5-8.7 mn t in 2005.
more »

» 12 June 2004
The "International Energy Corporation" subsidiary of YeES is to receive a 15 mn euro credit from Kreditanstalt fir Wiederaufbau for the modernisation of Yerevan hydro station.
more »

» 12 June 2004
SOCAR believes Kazakhstan will sign an agreement to use the Baku-Tbilisi-Ceyhan pipeline in near future.
more »

» 12 June 2004
The fitst load of Karachaganak condensate has been lifted at Novorossiisk by Nissos Christiana for Agip.
more »

» 12 June 2004
Georgia is to get a 5.8 mn euro grant from Kreditanstalt fur Wiederaufbau for energy projects.
more »

» 12 June 2004
Arktikugol of Spitzbergen is being checked by Audit Chamber.
more »

» 12 June 2004
Gazprom bought 640,000 tons of pipe in 2003 including 340,000 from Russia and 250,000 from Ukraine.
more »

» 12 June 2004
Transneft will pipeline 38.5 mn t of oil to export terminals in Q3 plus 11.3 mn t for CIS states.
more »

» 12 June 2004
The construction of another compressor station has started at Korpeje to increase the flow of gas through the Korpeje-Kord Kuy gas pipeline to Iran.
more »

» 12 June 2004
A Swiss court has ordered the unfreezing of YUKOS assets in the country.
more »

» 11 June 2004
Azerigaz plans to repay $1.6 mn of its debt to the World Bank this year.
more »

» 11 June 2004
SOCAR produced 761,600 tons of oil in May including 684,400 t by Azneft and 77,200 t by JVs
more »

» 11 June 2004
Kyrgyzstan resumes electricity exports to Russia.
more »

» 11 June 2004
Gas production in Q2 should amount to 153.2 BCM in Russia, 5.2 BCM more than in Q2 of 2003.
more »

» 11 June 2004
Transneft is to allocate space for 38.5 mn t of oil exports in Q3 plus 11.3 mn t for sales to CIS states and 7.2 mn t for transit flows.
more »

» 11 June 2004
Transnefteprodukt has 19,200 kms of pipelines and 4.6 MCM of storage tank capacity.
more »

» 10 June 2004
Georgia is importing 60 MW of Russian electricity until the two damaged turbines at Inguri are repaired.
more »

» 10 June 2004
Lukoil is to increase its stake in the project to develop the Kandym oilfield in Uzbekistan from 70% to 90%.
more »

» 10 June 2004
Gazprom and Sumitomo are to consider a project where Gazprom delivers gas to Japan in return for pipe sent by Sumitomo. See Russian energy monthly.
more »

» 10 June 2004
Gazprom and Beltransgaz have signed a contract for the delivery of Russian gas to Belarus in 2004.
more »

» 10 June 2004
AIOC is to drill 6 exploration wells at the western section of Azeri oilfield using the Dede Gorgud semi.
more »

» 10 June 2004
Eupec has signed a contract to insulate the 276 km pipeline from Shakh Deniz gasfield to the Sangachal terminal.
more »

» 10 June 2004
ConocoPhillips are to consider buying the 7.6% stake in Lukoil which the Russian Government is offering for sale.
more »

» 08 June 2004
Azerneftyag refinery exported 512,000 t of oil products in January-May. See Caucasus Energy Monthly.
more »

» 08 June 2004
The price of SOCAR oil exports averaged $30.43/bl in January-April.
more »

» 08 June 2004
Azerenergy generated 9.7 twh of electricity in January-May.
more »

» 08 June 2004
The Japanese Government will invest $4.5 mn in a 1.5 MW power station in Yerevan burning waste material.
more »

» 08 June 2004
Technip is to receive a contract for the construction of the second platform for Shakh Deniz gasfield.
more »

» 08 June 2004
Kyrgyzstan has invited Chinese companies to help complete Kambara-Ata power stations in return for 1 twh/yr of electricity.
more »

» 08 June 2004
Turkmengaz could be exporting 100 BCM/yr of gas by 2007.
more »

» 08 June 2004
uzbekneftegaz and Lukoil to sign contract for the development of Kandym oil and gas field. See Central Asia Energy Monthly.
more »

» 08 June 2004
Silovye Mashiny has completed manufacture of equipment for a Brazilian hydro station.
more »

» 08 June 2004
Khodorkovskii to stand trial with Platon Lebedev on 16th June.
more »

» 08 June 2004
Grozneftegaz of Chechnya produced 638,000 t of oil in 4 months, 70,000 up on 2003.
more »

» 08 June 2004
Gazprom has raised its stake in "Stimul" of Orenburg to 51%. It produced 352,000 t of oil and condensate in 2003.
more »

» 08 June 2004
Surgutneftegaz produced 24.03 mn t of oil in 5 months, 10.6% up on 2003.
more »

» 05 June 2004
Gazprom hopes to rehabilitate gas pipelines in Georgia.
more »

» 05 June 2004
Lukoil expects to invest $13 bn in the development of Caspian Sea oilfields, with Caspian oil accounting for 18% of its total output by 2020.
more »

» 05 June 2004
Gazprom is to draw up an inter-Governmental agreement with Korea for the delivery of Russian gas.
more »

» 05 June 2004
Texaco Overseas Holdings Inc is to sell its 50% stake in the "Company of Lubricants TNK-Texaco" to TNK-BP.
more »

» 05 June 2004
Ukraine and Azerbaijan has signed an agreement on the joint development of oil and gas fields in the Caspian.
more »

» 04 June 2004
Aleksei Miller and Viktor vekselberg of TNK-BP have discussed the Kovykta gas and condensate field.
more »

» 04 June 2004
Technimont are to build a plant for the production of suspension polyethylene at Salavat.
more »

» 04 June 2004
Gazprom say that Ruhrgas, Wintershall, Gasunie, Shell, Total, British petroleum, Centrica and other Western companies are interested in helping to build the North European Gas Pipeline.
more »

» 04 June 2004
AIOC will stop the production of oil from Chirag during 4-11 July.
more »

» 04 June 2004
PetroGazAziya of Ukraine has started buiulding the Goturdepe compressor station.
more »

» 04 June 2004
Azerbaijan could use the Neka-Rey oil pipeline if the cost of using oil swap through Iran is reduced.
more »

» 04 June 2004
British Petroleum say that a 4th exploration well is unnecessary at Shakh Deniz.
more »

» 04 June 2004
Azerbaijan Minister of Fuel and Energy Masjid Karimov says that output will reach 60 mn t/yr of oil anbd 20 BCM/yr of gas by 2010.
more »

» 04 June 2004
Azerigaz is to build 2 gas pipelines of total length 70 kms connecting Sangachal terminal to the national gas grid.
more »

» 04 June 2004
Kazakh Prime Minister Akhmetov has met delegation of Shell officials to discuss development of Kashagan oilfield in kazakhstan Caspian.
more »

» 04 June 2004
Aleksei Miller of Gazprom has met Citigroup Vice President Stanley Fisher to discuss the liberalisation of the share market.
more »

» 04 June 2004
Aleksei Miller has said that Norsk Hydro will be an important partner for the development of Shtokmanovskoye.
more »

» 03 June 2004
BP-Azerbaijan President David Woodward says that the opening of the Baku-Tbilisi-Ceyhan pipeline will not affect the operation of the Baku-Supsa line.
more »

» 03 June 2004
Gazprom has officvially denied that it wants to buy YUKOS assets.
more »

» 03 June 2004
Lukoil have published the results of their exploration work in the Caspian.
more »

» 03 June 2004
Transnefteprodukt Council of Directors has approved the accounts for 2003 when it transported 26.9 mn t of products including 17.6 mn t for export.
more »

» 03 June 2004
YeES power stations generated 50.1 twh in May, 7.7% up on May 2003.
more »

» 03 June 2004
Gazprom wants to help Petrobras to develop Brazilian gasfields.
more »

» 03 June 2004
Gazprom has considered the possibility of exporting gas to Israel.
more »

» 03 June 2004
Russia produced 38.43 mn t of oil and condensate in May, bringing output in 5 months to 185.74 mn t, 10.5% up on 2003.
more »

» 03 June 2004
Gazprom say independent gas companies will be able to finance construction of gas pipelines from 2005.
more »

» 02 June 2004
BOTAS say the Turkish section of Baku-Tbilisi-Ceyhan oil pipeline will be completed on time.
more »

» 02 June 2004
All Interenergoservis employees to be evacuated from Iraq.
more »

» 02 June 2004
TNK-BP have announced the result of an audit of their oil reserves.
more »

» 02 June 2004
Inkotek have completed the delivery of a large batch of equipment for the Surgutneftegaz hydrocracker under construction at kirishi.
more »

» 02 June 2004
Gazprom say that they will buy some of the YUKOS assets if the company is forced into bankruptcy.
more »

» 02 June 2004
Minister of Industry Khristenko has met the Brazilian Minister of Mines and Energy to discuss energy cooperation.
more »

» 02 June 2004
E.ON say that they will not invest further in the Russian electricity sector but want to invest in the gas industry.
more »

» 02 June 2004
Georgia has been hit by serious power outage as two turbines at Inguri go out of action.
more »

» 02 June 2004
Caspro Pipeline Service AG has started work on project to build bridge for Dovletabad-Deryalyk pipeline (CA-C No.4) and Naip-Deryalyk (CA-C Nos 1 and 2) across the Dostlyk collector.
more »

» 02 June 2004
Turkmenneft is building approach roads to Severnyi Goturdepe and Vostochnyi Barsagelmes oilfields.
more »

» 01 June 2004
ITERA is to build a 1 mn t/yr urea plant in Georgia at Batumi or Poti.
more »

» 01 June 2004
Lukoil activities in Saudi Arabia will not be affected by the recent violence according to Lukoil Overseas, who plan to open an office in Riyadh this summer.
more »

» 01 June 2004
Gasoline prices rose by 1.9% in April in Russia. Since the beginning of the year, crude oil prices have risen by 17.2% and the pipeline tariff by 7.8%.
more »

» 01 June 2004
The official forecast for growth of GDP in Russia has been revised to 6.6% for this year, 5.9% for 2005, 6% for 2006 and 6.1% for 2007.
more »

» 01 June 2004
The Transneft Council of Directors has approved the participation of the company in the construction of a Turkish oil pipeline which will by-pass the Bosphorus. The Trans-Thrace pipoeline will connect the Black and Mediterranean Seas by crossing European Turkey.
more »

» 01 June 2004
The Admiralteiskie Verfi shipyard of St Petersburg has started construction of another "Bridge" series tanker, Tower Bridge.
more »

» 01 June 2004
Transneft President Sergei Vainshtok has met US Energy Secretary Abraham to discuss new pipelines.
more »

» 01 June 2004
The management of TNK-BP has met a Korean delegation to discuss the Kovykta gasfield.
more »

» 01 June 2004
ITERA may resume deliveries of gas to Azerbaijan in June.
more »

» 01 June 2004
SOCAR is to pump 210,000 t of oil through Baku-Novorossiisk pipeline in July.
more »

» 01 June 2004
A new well has been completed at Barsagelmes oilfield to a depth of 4,190 metres. See Central Asia Energy Monthly.
more »

» 29 May 2004
Vostochnyi coal port exported 1,392,000 t of coal in April, 70% up on April 2003. It went mostly to Japan and South Korea.
more »

» 29 May 2004
Minister of Industry and Energy Viktor Khristenko has met with US Energy Secretary Spencer Abraham to discuss potential for exports of LNG.
more »

» 29 May 2004
Only 50-60 Interenergoservis workers to remain in Iraq on voluntary basis.
more »

» 29 May 2004
Ministry of Natural Resources wants oil companies to be taxed on their oil reserves.
more »

» 29 May 2004
Dragon Oil has completed LAM-21/107 to 4,264 metres at Jeitun oilfield in the Caspian. Is producing 4,035 b/d.
more »

» 29 May 2004
EvroPolGaz has discussed with Gazprom the construction of compressor stations on the Polish section of the Yamal-Germany gas pipeline at Kondratki and Wloclawek.
more »

» 29 May 2004
Gazprom considers South Korea to be a prospective market for Russian gas.
more »

» 29 May 2004
Russia expects to account for 10-12% of US oil imports in next few years.
more »

» 29 May 2004
Turkmenneft produced 3.6 BCM of gas from Balkan province of Turkmenistan in january-April.
more »

» 28 May 2004
EBRD ready to extend $70 mn loan for modernisation of Mingachevir thermal power station. See Caucasus Energy Monthly.
more »

» 28 May 2004
Court orders YUKOS to pay $3.4 bn tax arrears for 2000.
more »

» 28 May 2004
Gazprom and Gasunie discuss prospects for North Europe Gas Pipeline from Russia to Holland.
more »

» 28 May 2004
Rosneft declares financial results for 2003. Net profit rises 44.2% to 21.3 bn Rub.
more »

» 28 May 2004
Ukrainians considering reversal of Odessa-Brody pipeline, allowing Russians to export more oil from Yuzhnyi.
more »

» 28 May 2004
Ai-Dan Munai has bought Kopk-Aral Munai. See Kazakhstan Energy Monthly.
more »

» 26 May 2004
The Mozdok-Kazi Magomed gas pipeline is back in action after it was closed for two days. The Mingechavir and Ali Bairamli power stations are now fully supplied with gas.
more »

» 26 May 2004
Euroasian Oil has contracted to lift 137,000 tons of SOCAR oil from Novorossiisk on June 26.
more »

» 26 May 2004
Russian and Georgian Prime Ministers have agreed on long term cooperation in the fuel and electricity sectors.
more »

» 26 May 2004
Gazprom has told Georgian Prime Minister it wants faster payment for its gas.
more »

» 26 May 2004
Lebapneftegazstroi has begun the construction of a new compressor station at Deryalyk on the Dovletabad-Deryalyk section of the Central Asia-Centre gas pipeline system.
more »

» 26 May 2004
OMV is to hold discussions with the Romanian Government on the possible purchase of a 33% stake in Petrom.
more »

» 26 May 2004
Two Interenergoservis workers shot dead in Iraq, 8 wounded. They were working at the Dora power station in Baghdad. The company is to withdraw all its workers from Iraq.
more »

» 26 May 2004
Gazprom is to make three more bond issues in 2004-2005 for 15 bn Rub.
more »

» 26 May 2004
Georgian Prime Minister Zhvania has held talks with ITERA.
more »

» 26 May 2004
Total oil company of France wants to build an oil pipeline in Russia.
more »

» 25 May 2004
Amerada Hess delegation vists Baku. Meets President Aliev to discuss its activity in AIOC and the BTC company.
more »

» 25 May 2004
Armrosgazprom expects to participate in construction of Iran-Armenia gas pipeline.
more »

» 25 May 2004
Gazprom Board considers its exploration programme to 2030. See June issue of Russian Energy Monthly.
more »

» 25 May 2004
ITERA main priority is to concentrate on development of its Russian gasfields.
more »

» 25 May 2004
Lukoil Council of Directors approves exploration work in 2003 when 169 mn t of oil were proved up to A+B+C1 status and 13 new fields were found.
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» 25 May 2004
Accident on Mozdok-Kazi Magomed gas pipeline in Azerbaijan could be sabotage. Inports from Russia stopped for 2 days.
more »

» 25 May 2004
SOCAR of Azerbaijan intends to stabilise oil production during 2004-2008 at 8.8 mn t/yr.
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» 22 May 2004
SOCAR recorded growth in drilling footage of 47.3% in January-April
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» 22 May 2004
Lukoil filling stations in Romania to exceed 300 by end of this year.
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» 22 May 2004
Sevmashpredpriyatiye of Severodvinsk has completed 50 superblocks for the No.3 caisson for the Prirazlomnoye platform.
more »

» 22 May 2004
Thgermo Design Engineering of canada has started the assembly of equipment for the 3rd stage of the Naip LNG complex.
more »

» 22 May 2004
Yamburggazdobycha is to begin experimental exploitation of the Tazovsk oil and gas field in 2005.
more »

» 22 May 2004
The Norwegian Prime Minister has visited Astana and expressed an interest in helping to develop oilfields in the Caspian.
more »

» 21 May 2004
The trial of Platon Lebedev has been postponed to 28th May so that he can stand trial jointly with Mikhail Khodorkovskii.
more »

» 21 May 2004
Karachaganak PO hasve started pumping condensate down the Karachaganak-Bolshoi Chagan-Atyrau pipeline with 100,000 tons to be delivered in May. It will be pumped from Atyrau down the CPC line to Novorossiisk for export.
more »

» 21 May 2004
An investigation is taking place into the alleged theft of gold and platinum at Seydi oil refinery and the smuggling of oil products to Uzbekistan.
more »

» 21 May 2004
Russia produced 221.5 BCM of gas in January-April of which Gazprom accounted for 191.3 BCM.
more »

» 21 May 2004
Silovye Mashiny has completed the delivery of equipment for the reconstruction of the Seitakorva hydro station in Finland
more »

» 21 May 2004
Gazprom subsidiary SIBUR recorded a pre-tax profit of 1.3 bn Rub in first quarter.
more »

» 21 May 2004
The Barsagelmes sub-station has been completed by ABB for Balkanenergo of western Turkmenistan.
more »

» 21 May 2004
TNK-BP plans to increase oil production by 12% this year.
more »

» 21 May 2004
Itera has bought 70% of the Texas oil company "Dune Energy" for $12 mn.
more »

» 20 May 2004
Iran has proposed a cooperation programme in the development of wind power stations to Armenia.
more »

» 20 May 2004
The Russian Government wants all its citizens evacuated from Iraq.
more »

» 20 May 2004
YUKOS has won its first battle with the Ministry of Taxes and the danger of default has declined slightly.
more »

» 20 May 2004
The Vysotsk oil product terminal will be opened by Lukoil on 16th June.
more »

» 20 May 2004
Russian nuclear stations produced 52.52 twh of power in January-April, the same as in 2003.
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» 20 May 2004
The Ministry of Industry and Energy is preparing changes in the rules on access to export oil pipelines.
more »

» 20 May 2004
The price of gasoline in Georgias is rising sharply. Georgia uses 35,000 tons a month.
more »

» 20 May 2004
Lukoil wants a stake of at least 50% in the Lotos oil refining company in Poland.
more »

» 19 May 2004
The 3rd exploration well at Shakh Deniz has passed the 5,000 metre mark.
more »

» 19 May 2004
The Azerbaijan gas processing plant has recorded a throughput of 791 MCM since the beginning of the year.
more »

» 19 May 2004
President Nazarbayev has visited China and since the agreement to build the Atasu-Alashankou-Dushanzi oil pipeline.
more »

» 19 May 2004
Linde have submitted proposals to the Lukoil subsidiary LUKOR of Kalush in western Ukraine for the construction of a 90,700 t/yr plant for the hydrogenisation of C4-C5 fractions
more »

» 19 May 2004
Slavneft produced 1,733,000 tons of oil in April, 27.1% up on April 2003.
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» 19 May 2004
Former MENATEP Chairman Platon Lebedev will face the Meshchanskii Court on 20th May.
more »

» 19 May 2004
The revenue from Russian oil exports rose to $40.7 bn in 2003 from $29.7 bn in 2002.
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» 19 May 2004
Gazprom is prepared to manage Chechengazprom which is formally under the control of the Russian Ministry of Industry.
more »

» 19 May 2004
Lukoil is to invest $3 bn in oil refining during the next 10 years.
more »

» 17 May 2004
The Azlab core library in Baku has officially opened.
more »

» 17 May 2004
The two Russian hostages captured in Iraq a week ago have been released unharmed.
more »

» 17 May 2004
The BTC Company says that it is happy with the pace of construction of the Baku-Tbilisi-Ceyhan pipeline despite reports of delays in Georgia and Turkey.
more »

» 17 May 2004
The "Petrotrans Ltd" company has been created in Georgia to administer the rail transport of oil and oil products from the Azerbaijan border to batumi.
more »

» 17 May 2004
Kazakh President Nursultan Nazarbayev says that any legal processes against James Geffen in the USA have nothing to do with Kazakhstan, as all Geffens dealings in the country were legal under Kazakh law.
more »

» 17 May 2004
The CPC pipeline should reach its rated capacity of 67 mn t/yr by 2011.
more »

» 17 May 2004
Ukrainian President Kuchma is to reform the administration of oil transit through the Ukraine.
more »

» 17 May 2004
Mikhail Khodorkovskii is to be tried in the Meshchanskii Court, although a date for preliminary hearings has not yet been set.
more »

» 17 May 2004
YUKOS increased its exports of crude by 21.1%, and of oil products by 25.2%, in the first quarter of 2004.
more »

» 17 May 2004
The Ajarian customs service at Batumi is to be abolished and its functions taken over by the Georgian Government.
more »

» 17 May 2004
The Armenian Government hopes that its relations with ITERA will continue despite Gazprom assuming 100% of Armenian gas supplies.
more »

» 17 May 2004
SOCAR is to be restructured according to its President, Natig Aliev.
more »

» 17 May 2004
Turkmen President Niyazov has signed a Decree expanding the capacity of the Dovletabad-Deryalyk and Naip-Deryalyk gas pipelines.
more »

» 17 May 2004
The gas treatment plant at Korpeje gasfield serves 40 wells and has a capacity of 3.65 BCM/yr of gas exported to Iran.
more »

» 17 May 2004
Azerbaijan imported 1.728 BCM of gas from Kazakhstan in January-April.
more »

» 17 May 2004
Novatek gas company produced 20.33 BCM of gas in 2003. It delivered 13.27 BCM to its own customers and sold the rest to Gazprom.
more »

» 15 May 2004
Armenia and Iran have signed an agreement on the construction of the Iran-Armenia gas pipeline.
more »

» 15 May 2004
Phase 1 of the Shakh Deniz project has contracts to supply 6.3 BCM/yr to Turkey, 1.5 BCM to Azerbaijan and 0.8 BCM/yr to Greece. Deliveries to Greece could begin in 2007.
more »

» 15 May 2004
Shengli International is interested in buying into the Binagady and Garachukhur oilfields.
more »

» 15 May 2004
Azerbaijan supports the proposal to set up a unified electricity grid for Russia, Azerbaijan and Iran.
more »

» 15 May 2004
CNPC-Aktobemunaigaz has been ordered to stop using the Kenkiyak-Zhanazhol oil pipeline until permission is granted.
more »

» 15 May 2004
CNPC-Aktobemunaigaz has been ordered to stop using the Kenkiyak-Zhanazhol oil pipeline until permission is granted.
more »

» 15 May 2004
Gazprom owns 88% of Russias 207 gas filling stations, but each station serves an average of only 145 vehicles.
more »

» 15 May 2004
E.ON will not be investing in the Russian gas industry for the foreseeable future.
more »

» 15 May 2004
ArmRosGazprom is to import 1.5 BCM of Russian gas into Armenia this year.
more »

» 15 May 2004
Belarus Parliament has ratified the Druzhba-Adria pipeline project.
more »

» 15 May 2004
Ian Craig and replaced Steve McVeigh as CEO of Sakhalin Energy.
more »

» 14 May 2004
SOCAR has received $4 mn compensation from JNOC for the failure to complete the Ateshgyakh drilling programme.
more »

» 14 May 2004
The Yugneftegaz company, not to be confused with the Rosneft subsidiary of the same name, is based in Kalmykiya, and belongs to ITERA. It will start drilling at 4 fields later this year.
more »

» 14 May 2004
The first 93 kms of the 433.7 km stretch of the Northern Territories-Torzhok gas pipeline in Vologda Province have been welded.
more »

» 14 May 2004
Federal Energy Agency Director Oganesyan is afraid that the high levels of oil production are being obtained through the sub-optimal exploitation of oilfield reservoirs.
more »

» 14 May 2004
Russia and Iran have held discussions on speeding up the construction of the Bushehr Nuclear Station.
more »

» 14 May 2004
The Sakhalin Shelf production sharing projects have come under renewed criticism.
more »

» 14 May 2004
The cost of the Angarsk-Nakhodka oil pipeline has risen by $1 bn to $6 bn. It is likely that, even if it is built, the branch line to Daxin will be cancelled.
more »

» 13 May 2004
Tuapse oil port exported 4.60 mn t of crude and products in January-April, 14.3% up on 2003
more »

» 13 May 2004
Armenia wants Ukrainian companies to help build the Iran-Armenia gas pipeline.
more »

» 13 May 2004
Rosneft has started combining its subsidiaries in the North Caucasus region.
more »

» 13 May 2004
About 240 workers of Interenergoservis say they want to stay in Iraq.
more »

» 13 May 2004
YeES expects to install 1,250 MW of new generating capacity before the next heating season, including the third 300 MW unit at Bureya Hydro Station.
more »

» 13 May 2004
Iran says that the transport of Azerbaijan oil through Iran is 3 times cheaper than through Baku-Tbilisi-Ceyhan pipeline.
more »

» 13 May 2004
Lebapneftegazstroi has completed a new 60-km section of the Central Asia-Centre gas pipeline system in northern Turkmenistan.
more »

» 13 May 2004
Surgutneftegaz has increased oil production by 10.7% in January-April.
more »

» 13 May 2004
Lukoil wants to see Transneft merge with Transnefteprodukt.
more »

» 13 May 2004
YUKOS has bought the Swiss oil trader Petroval SA
more »

» 12 May 2004
Caspian Shipping Company increased its volume of oil and product transportation by 16.9% in January-April.
more »

» 12 May 2004
Georgia is to raise $500 mn for the completion of the 700 MW Khudoni hydro plant.
more »

» 12 May 2004
The Uzbek Government hopes to speed up the privatisation of Uzbekneftegaz.
more »

» 12 May 2004
An Interenergoservis worker has been killed and two others taken hostage while travelling to the power station at El Mussaybah which they were renovating.
more »

» 12 May 2004
Surgutneftegaz has already spent $120 mn on the construction of a hydrocracker at Kirishi and will spend a further $220 mn this year.
more »

» 12 May 2004
Surgutneftegaz has postponed the plan to build an 8-10 mn t/yr oil refinery at Primorsk.
more »

» 12 May 2004
Zapsibgazprom has been appointed as coordinator for the construction of the Arkticheskaya jack-up.
more »

» 12 May 2004
Sberbank is to make a further loan of 6.5 bn Rub to Transneft for the construction of the next stage of the Baltic Pipeline System.
more »

» 11 May 2004
Iran has complained to Azerbaijan about the delay in signinmg the contract to build the Iran-Nakhichevan gas pipeline.
more »

» 11 May 2004
SOCAR is to resume the export of kerosene through Batumi after the port was cleared of mines.
more »

» 11 May 2004
British Petroleum imported 10,000 t of diesel from Heidar Aliev Baku oil refinery in April.
more »

» 11 May 2004
The price of Azeri Light oil has reached $38.43/bl, the highest price since 1991.
more »

» 11 May 2004
OMV have agreed to extend their gas import contract with Gazeksport to 2012 and raise purchases from the current 5.5 BCM/yr to 6.5 BCM/yr.
more »

» 07 May 2004
Gazprom to consider possible PSA project on Ustyurt Plateau of Turkmenistan. Has already signed agreement to revive gas output at Shakhpakhty.
more »

» 07 May 2004
Turkmenistan reports increases in output of gas by 7% and oil by 1%, with refinery throughput growing 10% as crude oil exports decline. See Central Asia Energy Monthly.
more »

» 07 May 2004
YeES is to undertake a feasibility study for the Sakhalin-Japan electricity bridge.
more »

» 07 May 2004
Rosneft has started exploration drilling at Vankorsk. Plans to produce 17 mn t/yr of oil from the field by 2007.
more »

» 07 May 2004
Iran expects to export gas to Armenia and Azerbaijan in near future. See Caucasus Energy Monthly.
more »

» 07 May 2004
Stroitransgaz is to begin the construction of a 124 km gas pipeline for the supply of Kumkol gas to Kyzylorda City.
more »

» 07 May 2004
Azerneftyanajag oil refinery has been renamed Heydar Aliev Baku refinery. Azerbaijan exported 684,310 tons of oil products in january-April from Novorossiisk.
more »

» 07 May 2004
Batumi oil terminal has been de-mined, but exports of oil have not yet resumed.
more »

» 07 May 2004
Russia produced 36.889 mn t of oil in April. See Russia Energy Monthly.
more »

» 05 May 2004
The Azerbaijan State Railways report that there have been no problems with sending tankcars with crude oil and oil products to Georgia despite the deteriorating security situation in the capital of Ajaria, Batumi.
more »

» 03 May 2004
Azneft have completed a programme to drill 3 new development wells at Balakhany oilfield.
more »

» 03 May 2004
Movements on the Caspian: the "Balkan" has sent 3,000 tons of petcoke from Turkmenbashi to Makhachkala and will be carrying Russian-made pipeline valves back to Turkmenistan. The "Makhtumkuli" has carried 1,500 tons of polypropylene from Turkmenbashi to Amirabat in Iran.
more »

» 03 May 2004
Lebapneftegazstroi has started to install an electro-chemical protection system on a 60-km section of the Central Asia-Centre gas pipeline in Turkmenistan.
more »

» 03 May 2004
The supply of Turkmen electricity to Afghanistan through a newly-completed power line to Herat has started.
more »

» 01 May 2004
Azerbaijan will continue to use Baku-Novorossiisk oil pipeline after completion of Baku-Tbilisi-Ceyhan pipeline according to President Aliev.
more »

» 01 May 2004
Kazatomprom to start producing uranium from Moinkum by end of 2005.
more »

» 01 May 2004
Iranian companies NIOC, Petrokhazar and Petropars to take part in tenders to explore Kazakh Caspian blocks.
more »

» 01 May 2004
KazMunaiGaz has reserves of 280 mn t of oil in Emba and Uzen regions.
more »

» 01 May 2004
Russia to continue sending uranium to Paks Nuclear Station in Hungary.
more »

» 01 May 2004
Two new oil wells completed at Vostochnyi Cheleken oilfield in Turkmenistan. See Central Asia Energy Monthly.
more »

» 01 May 2004
Petronas President sends telegram to Turkmenistan President Niyazov promising commercial oil production from Block 1 by 2007.
more »

» 01 May 2004
21 largest Gazprom fields have 16,800 BCM of proven gas reserves and 1,900 BCM of probable reserves.
more »

» 01 May 2004
Russian exports rose to $37.5 bn in Q1 after $31.1 bn in same period of 2003. Due mainly to near-record oil prices.
more »

» 29 April 2004
KazMunaiGaz and PetroKazakhstan plan to increase oil swaps with Iran.
more »

» 29 April 2004
Rosneft increased its oil reserves by 19.2% in 2003.
more »

» 29 April 2004
Gazprom has agreed to an increase in authorised capital of Lietuvos Dujos.
more »

» 29 April 2004
Reconstruction of Seydi oil refinery about to begin.
more »

» 29 April 2004
Schlumberger is to drill horizontal wells for RITEK.
more »

» 29 April 2004
Kazakhstan says that it will eventually want to pump oil through the Odessa-Brody oil pipeline.
more »

» 28 April 2004
Azerbaijan exported 2.1 mn t of oil in Q1 including 556,700 t by SOCAR and 1.5 mn t by AIOC.
more »

» 28 April 2004
"Middle East Petrol" interested in working Garachukhur oilfield in Azerbaijan. See Caucasus Energy Monthly.
more »

» 28 April 2004
Balkanneftegazstroi has completed another oilfield pumping station at Goturdepe oilfield. See Central Asia Energy Monthly.
more »

» 28 April 2004
Gazprom Council of Directors has approved the investment projects in Central Asia and Kazakhstan.
more »

» 28 April 2004
Silovye Mashiny of St Petersburg is developing a new 65MW model of gas turbine power unit.
more »

» 28 April 2004
Gazprom Council of Directors has approved the budget and investment programme for 2005-2006. See Russian Energy Monthly.
more »

» 28 April 2004
RITEK has raised its production plan for 2004 to 3.6 mn t of oil.
more »

» 28 April 2004
An American journal has voted Lukoil the best Russian oil and gas company.
more »

» 28 April 2004
The Society of Petroleum Engineers has opened an office in Noyabrsk, Tyumen Province.
more »

» 27 April 2004
Caspian Shipping Company made $7.5 mn profit in first quarter. Plans to ship 14 mn t of crude and products this year.
more »

» 27 April 2004
Azerbaijan domestic market received 1.1 mn t of oil products in first quarter.
more »

» 27 April 2004
Kazakh President Nazarbayev to visit China in May and sign contract for Atasu-Alashankou oil pipeline of length 998 kms. Total length to Dushanzi refinery will be 1,300 kms.
more »

» 27 April 2004
Petronas Carigali has resumed exploration drilling at Block 1 in Turkmen Caspian.
more »

» 27 April 2004
YUKOS shares fell 7% on news of possible default on $1 bn syndicated loan. But banks not worried, after YUKOS made $3.5 bn profit in 9 months of 2003.
more »

» 27 April 2004
"Oil Club of St Petersburg", an organisation of filling station owners, is outraged to hear of 60 sites given to Lukoil by Governor Matvienko.
more »

» 27 April 2004
SUEK coal company delivered 22.8 mn t of coal to consumers in first quarter, 14% up on last year.
more »

» 27 April 2004
Investment in gas sector of Mary Province in Turkmenistan rose 24.1% in first quarter over same period of 2003.
more »

» 27 April 2004
Seydi oil refinery throughput up nearly 10% in Q1 compared with 2003.
more »

» 27 April 2004
Baltic Pipeline System allowed 6 mn t of crude to be exported through Primorsk in Q1. The capacity of the pipeline will rise to 50 mn t/yr next yearand 62 mn t/yr by 2006.
more »

» 27 April 2004
The Sakhalin-2 consortium lead by Shell has completed the first kilometre of the oil pipeline from Zabaikalets to Pugachevo. It will have a length of 159 kms and a diameter of 24 inches. See Russian Energy Monthly.
more »

» 27 April 2004
Total of France has won Russian Government approval to buy a 25% stake in Sibneft, beating ExxonMobil, ChevronTexaco and Shell.
more »

» 24 April 2004
4 contracts have been signed so far for the sale of 8.8 BCM/yr of Shakh Deniz gas.
more »

» 24 April 2004
PetroKazakhstan is to spend $23 mn on the construcxtion of a gas processing plant at Akshabulak oilfield in Kazakhstan.
more »

» 24 April 2004
The Atasu-Alashanku oil pipeline will cost $700 mn.
more »

» 24 April 2004
Sibneft has raised its stakes in the Archinskoye and Shinginskoye companies from 20% to 100%. This gives Sibneft a foothold in Parabel District of Tomsk Province.
more »

» 24 April 2004
YeES plans to invest 24.8 bn Rub in 2005 including 8.54 bn raised from credits. See Russian Energy Monthly.
more »

» 24 April 2004
Petronas Charigali is to step up its rate of work in the Turkmen Caspian
more »

» 24 April 2004
The Naip gas plants of Lebap Province have produced 26,000 tons of LNG so far this year. See Central Asia Energy Monthly.
more »

» 24 April 2004
The Russian Parliament has approved new tax rates for oil production and trade starting next year.
more »

» 23 April 2004
N-100 unit at Azerneftyanajag catcracker completed.
more »

» 23 April 2004
YUKOS offices raided by Russian tax police.
more »

» 23 April 2004
TPAO has invested $1.2 bn in Azerbaijan. Plans a further $2 bn during next 5 years including $500 mn this year.
more »

» 23 April 2004
SOCAR has completed a library of cores and samples from its 78 oilfields.
more »

» 23 April 2004
Uzbekenergo produced 13.40 twh of electricity in Q1.
more »

» 23 April 2004
Navoi Mining of Uzbekistan produced 500 tons of uranium in Q1, 32% up on 2003.
more »

» 23 April 2004
The 7.6% state-owned stake in Lukoil can be sold on the domestic market
more »

» 23 April 2004
Lukoil proven reserves exceed 20.056 bn barrels according to Miller and Lents.
more »

» 23 April 2004
Lukoil drilled 146,000 metres ofexploiration wells last year, discovered 15 new fields and 14 new pools at existing fields.
more »

» 23 April 2004
The movement of oil through the Druzhba-Adria system is about to begin with the export of 5 mn t of Russian oil planned for this year.
more »

» 23 April 2004
Another well has been completed at Malai by Marygazdobycha. See Central Asia Energy Monthly. Turkmenburgaz has completed a well to 5,100 metres at Dovletabad.
more »

» 16 April 2004
Azneft invested 600 bn manats in 2003.
more »

» 16 April 2004
Turkmenneft is using the Metran gas measuring device at the Keimir oilfield. See Central Asia Energy Monthly.
more »

» 16 April 2004
The Turkmen population received 3.3 BCM of free gas in 2003 after they Government spent 239 bn manats on subsidies.
more »

» 16 April 2004
Lukoil expect to produce oil from the northern Caspian starting 2008.
more »

» 16 April 2004
An Interenergoservis worker has been shot and wounded near the Yusufiyeh power station 90 kms from Baghdad.
more »

» 16 April 2004
Sibneft has produced oil from the Verkhne-Telekaisk oilfield in Chukotka.
more »

» 16 April 2004
Arktikshelfneftegaz have signed a cooperation agreement with Murmansk Province Administration.
more »

» 16 April 2004
The YeES electricity utility made a net profit of 24.6 bn Rub in 2003.
more »

» 16 April 2004
Gazprom report that its Moldovan subsidiary Moldovagaz has made its first profit.
more »

» 16 April 2004
Gazprom wants Lukoil to join its projec t with Uzbekneftegaz to develop oil and gas fields in Uzbekistan.
more »

» 16 April 2004
Work on the Karachaganak gas project is to begin in 2005.
more »

» 16 April 2004
Phase 3 of the Azeri-Chirag-Gyuneshli project is to be approved in September. It involves development of the deepwater sector of Gyuneshli field.
more »

» 15 April 2004
Azerbaijan sold 21,800 t of oil products to Iran in March.
more »

» 15 April 2004
Arcadia has won the first load of SOCAR oil exported through Baku-Novorossiisk oil pipeline in May. See Caucasus Energy Monthly.
more »

» 15 April 2004
Azerigaz expects a 6.8% decline in revenue this year.
more »

» 15 April 2004
Kazakhstan oil exports rose 12% in January-February over 2003.
more »

» 15 April 2004
Schlumberger signs new contract with Turkmenneft to work in Turkmenistan for 5 years.
more »

» 15 April 2004
Gazprom gas imports from Uzbekistan rising rapidly.
more »

» 15 April 2004
Gazprom to work Shakhpakhty gasfield in Uzbekistan. See Central Asia Energy Monthly.
more »

» 15 April 2004
New oil tanker completed by shipyard in St Petersburg.
more »

» 15 April 2004
Kazakhstan refuses to give tax concessions to Rosneft and could delay the development of Kurmangazy oilfield.
more »

» 14 April 2004
NOVATEK of Russia has raised $100 mn for the construction of a gas condensate stabilisation plant.
more »

» 14 April 2004
Eight workers of Interenergoservis kidnapped in Iraq have been released. Tekhpromeksport is toi evacuate its 370 workers. They were working on installing the first 210 MW unit planned for Yusufiyeh power station.
more »

» 14 April 2004
The Grozneftegaz subsidiary of Rosneft in Chechnya produced 473,000 t of oil in the first quarter.
more »

» 14 April 2004
Rosneft and Stroitransgaz have completed a second well at the 245-South oilfield at Gara Tisselit in Algeria.
more »

» 14 April 2004
Bombs have exploded on the Baku-Novorossiisk oil pipeline and Mozdok-Kazi Magomed gas pipeline in Dagestan.
more »

» 14 April 2004
The Sakhalin Energy consortium lead by Shell has been accused of exaggerating the costs of administering the Sakhalin-2 project.
more »

» 14 April 2004
The total cost of developing the Kashagan oilfield over 40 years has been estimated at $57.1 bn.
more »

» 14 April 2004
Silovye Mashiny has won a contract to build turbines for the Dibis power station near Kirkuk in Iraq.
more »

» 09 April 2004
The tariff for railing oil and oil products from Baku to Batumi has been cut by $2/ton
more »

» 09 April 2004
Tatarstan expects to export oil through Kaliningrad
more »

» 09 April 2004
St Petersburg oil export terminal has completed the 4th stage of its reconstruction.
more »

» 09 April 2004
The Nefteprodukt oil product distribution enterprise is to be audited. It operates in Moscow and belongs to Rosneft.
more »

» 09 April 2004
RITEK increased oil production by 27% in the first quarter of this year.
more »

» 09 April 2004
The Russians have rejected a suggestion that they should reverse the flow of the Baku-Novorossiisk oil pipeline and export Russian oil through Baku-Tbilisi-Ceyhan.
more »

» 08 April 2004
The First Vice President of Rosneft, Yevgenii Terpukhov, has been appointed the Deputy Head of the Federal Energy Agency.
more »

» 08 April 2004
Turkmengaz produced 10.0 BCM of gas in Q1, 3.8% up on Q1 of 2003.
more »

» 08 April 2004
SOCAR and Transneft discuss how to raise the throughput of the Baku-Novorossiisk oil pipeline.
more »

» 08 April 2004
Baku-Tbilisi-Ceyhan pipeline to be ready by mid-2005.
more »

» 08 April 2004
The Russian Audit Chamber has complained that the development of the Kovykta gasfield is being delayed.
more »

» 07 April 2004
Baku-Novorossiisk oil pipeline carried 766,000tons of oil in Q1.
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» 07 April 2004
The drilling of a new oil well at Gyuneshli has been completed. See Caucasus Energy Monthly.
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» 07 April 2004
The 370 kms of underwater pipeline for Phase 1 of the Azeri oilfield development were built in 284 days.
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» 07 April 2004
Thge Ministry of Natural Resources has revised its forecasts of Russian gas production. See Russian Energy Monthly.
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» 07 April 2004
Georgia wants to build the Khador hydro station in the Pankisi Gorge and has asked Sichuan Electric of China for help.
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» 07 April 2004
Kazakhstan has announced the new uranium mines it intends to build to quadruple uranium output by 2015.
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» 07 April 2004
The exploration project drawn up by Zarit for the Caspian Sea will be financed by the Russian National Reserve Bank.
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» 07 April 2004
The Baku-Tbilisi-Ceyhan pipeline is being built to serve American oil interests according to Russia.
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» 06 April 2004
The Baku-Novorossiisk oil pipeline was damaged on April 3rd when a bomb exploded on it in Dagestan.
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» 06 April 2004
Gazprom is to create an oil production subsidiary, Gazpromneft, with an eventual output of 30-40 mn t/yr.
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» 06 April 2004
Gazprom and Vyksa Metallurgical Plant have signed a protocol of intent for 2004-2007.
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» 06 April 2004
Ignalina Nuclear Station generated 5.09 twh in Q1 of 2004, 2% up on 2003.
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» 06 April 2004
Ignalina Nuclear Station generated 5.09 twh in Q1 of 2004, 2% up on 2003.
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» 06 April 2004
Surgutneftegaz and the Yakutiya Republic Administration have signed an agreement on Talakan oilfield.
more »

» 06 April 2004

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» 06 April 2004
KazTransGaz has already spent $230 mn on the reconstruction of the Central Asia Centre gas pipeline system crossing its territory.
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» 06 April 2004
The latest oil well has been completed at Korpeje oilfield to a depth of 3,930 metres.
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» 06 April 2004
A gas treatment plant has been completed at Ajiyap gasfield in Turkmenistan.
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» 06 April 2004
A total $3 bn has been spent on the Azeri oilfield so far. Work on the central section is 90% completed.
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» 06 April 2004
SOCAR produced 2.23 mn t of oil in Q1, 0.6% up on last year.
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» 06 April 2004
Kazakhstan is prepared to provide up to 70% of the finance needed for the gas project at Karachaganak.
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» 06 April 2004
The West Esh El Mallaha (WEEM) oilfield in Egypt produced 570,000 tons of oil in 2003 with Lukoil claiming 270,000 tons.
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» 06 April 2004
Agip KCO has drilled 6 exploration and 5 appraisal wells at Kashagan, and East Kashagan Well No.6 is now being drilled.
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» 03 April 2004
Russian oil exports rose 21% in January-March to 48.39 mn t after production rose 10% to 114.45 mn t.
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» 03 April 2004
Azneft has started drilling another oil well at Banka Darvina oilfield.
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» 03 April 2004
A Gazprom delegation has visited Ashkhabad to discuss the expansion of the Central Asia-Centre gas pipeline system.
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» 03 April 2004
Turkmenistan is to increase its exports of polypropylene.
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» 03 April 2004
The business plan and budget for Verkhnechonskneftegaz has been approved.
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» 03 April 2004
Azerbaijan sold oil products worth $34.67 mn to China in 2003 compared with $1.5 mn in 2002.
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» 03 April 2004
CNPC has invested over $1 bn in the Aktobemunaigaz company. This includes money spent on the construction of the Emba-Zhanazhol railway.
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» 02 April 2004
Agreement on the construction of the Iran-Armenia gas pipeline is to be signed at the end of April.
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» 02 April 2004
KazMunaiGaz has completed the merger of its Uzenmunaigaz and Embamunaigaz oil production subsidiaries. The new company will be known as KazMunaigaz Exploration and Production.
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» 02 April 2004
The contract between YeES and Telasi for the supply of electricity has expired one day after the Kavkasioni power line was restored.
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» 02 April 2004
The $4.8 bn action by Archangel Diamond Corporation against Lukoil and Arkhangelskgeoldobycha in the Denver Court has failed.
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» 02 April 2004
Ukraine and Azerbaijan have signed an agreement on the transit of Azeri oil through the Odessa-Brody oil pipeline.
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» 02 April 2004
Drilling is continuing at the Serpai, Narazym and Genjibek gasfields in Turkmenistan.
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» 02 April 2004
Balkanneftegazstroi has started the construction of a new gaslift compressor station at Goturdepe oilfield. See Central Asia Energy Monthly.
more »

» 01 April 2004
Lukoil subsidiary Litasco has won the second April tender for SOCAR oil. It will lift 80,000 tons from Novorossiisk on 28 April.
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» 01 April 2004
The Eurasian Energy Corporation has increased the output of coal from Ekibastuz coalfield by 5.7% in January-February.
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» 01 April 2004
Gazprom has acquired 9% of the shares in Latvijas Gaze belonging to Itera as repayment of a debt.
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» 01 April 2004
Gazprom plans to unify the provincial gas distribution enterprises.
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» 01 April 2004
YeES has renewed the export of electricity to Georgia through the Kavkasioni power line from Stavropol power station. Part of the electricity will be sold to Telasi, which is owned by YeES.
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» 01 April 2004
Gazprom is to invest 535 bn Rub in 2005-2006.
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» 01 April 2004
SOCAR is to export 220,000 t of oil through the Baku-Novorossiisk pipeline in May.
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» 31 March 2004
PetroKazakhstan has completed the construction of a 40 MW gas turbine power station at Kumkol oilfield.
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» 31 March 2004
By 29th March, Russia had produced 107.6 mn t of oil, 11% up on 2003, and exported 57.2 mn t of this oil.
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» 31 March 2004
The value of Transneft assets increased by 15.5% during the 4th quarter of 2003 to 75.14 bn Rub.
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» 31 March 2004
The Ministers of Energy of 10 CIS states have met in Brussels and Azerbaijan has asked for 28.2 mn euros towards the cost of renovating the Kalmas and Garadag underground gas storage reservoirs.
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» 31 March 2004
Turkmenneft has repaired 120 oilwells during the first quarter of this year, 60% up on 2003.
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» 31 March 2004
Burnebitgaz has drilled a well to 5,051 metres at Vostochnyi Khazar oilfield (formerly Cheleken) using a German rig bought from Bentek.
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» 30 March 2004
The Odessa-Brody pipeline project has been discussed at a Pipeline Forum in Warsaw.
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» 30 March 2004
Azerenergy and the World Bank are to undertake feasibility studies of electricity projects in Azerbaijan.
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» 30 March 2004
The Burnebitgaz subsidiary of Turkmenneft has drilled 82,500 metres of wells.
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» 30 March 2004
Turkmenburgaz has completed the drilling of another well at Bagaja gasfield.
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» 30 March 2004
Azerigaz hopes to increase the gas bill collection rate to 80% from 54%.
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» 30 March 2004
YUKOS has published data on the mode of transport of oil products from its refineries. See Russian Energy Monthly.
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» 30 March 2004
The average price of crude oil has risen by 11.1% in Russia since the beginning of this year.
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» 30 March 2004
Severstal has sent steel sheet to the Vyborg Shipyard for the manufacture of the Prirazlomnoye marine platform.
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» 30 March 2004
YUKOS has exported the first load this year of oil to China by railway through Zabaikalsk.
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» 30 March 2004
Uzbekneftegaz has declared a tender for the construction of a liquified gas unit at Shurtan.
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» 30 March 2004
Itera has closed its office in Uzbekistan.
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» 27 March 2004
Azerneftyanajag refinery expects API certification for its jet fuel by year end.
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» 27 March 2004
Gazprom suggests that plan targets for 2004 could be changed if demand does not rise as expected.
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» 27 March 2004
Rosneft begins to doubt whether its project to develop Kurmangazy in the Kazakh Caspian will prove profitable.
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» 27 March 2004
Gazprom is increasing the rate of delivery of gas to Azerbaijan from its KazRosGaz joint venture with KazMunaiGaz.
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» 27 March 2004
Russian specialists are to participate in the Kazakh nuclear programme.
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» 27 March 2004
Officials from Rosneft, Zarubezhneft and Itera have met with President Niyazov to discuss the development of Caspian oilfields.
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» 27 March 2004
Oil export capacity at Ekerem marine terminal is being increased.
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» 27 March 2004
Oil export capacity at Ekerem marine terminal is being increased.
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» 27 March 2004
YeES is to offer shares in Zarubezhenergostroi for sale.
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» 27 March 2004
Volgotanker is to treble the volume of fuel oil delivered along the Baltic-White Sea Canal for export.
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» 26 March 2004
In January-February, 90.2% of Azneft oil production came from the Caspian.
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» 26 March 2004
The Russian Ministry of Ecvonomic Relations has produced a forecast of oil exports to 2007.
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» 26 March 2004
The Kuvvat electricity company of Turkmenistan generated 2.023 twh of electricity in January-february with power stations operating at 70% of capacity.
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» 26 March 2004
Dick Oliver is to replace Rodney Chase as Deputy Chairman of the Council of Directors of TNK-BP.
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» 26 March 2004
Pechoraneft has issued shares worth 473 mn Rub to its basic shareholder, Petro-Russo (AER) Holdings Co Ltd of Cyprus. Pechoraneft is a joint venture working the Sredne-Kharyagina oilfield of the Komi republic.
more »

» 26 March 2004
The price of Urals Blend is $30.92/bl.
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» 26 March 2004
President Nazarbayev of Kazakhstan has held talks with the Executive Director of Halliburton, David Lezar.
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» 25 March 2004
KazMunaiGaz plans to produce 10 mn t/yr of oil by 2006 compared with 7.9 mn t in 2003.
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» 25 March 2004
The 4,000 MW Ekibastuz power station has achieved an operational capacity of 2,500 MW after the No.5 unit was re-commissioned.
more »

» 25 March 2004
The south-west wing of Shakh Deniz is being drilled to give a more precise estimate of its gas reserves.
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» 25 March 2004
Anshad Petrol are to invest 1.5 mn in the Neftechala Khilli Durovdag contract area this year.
more »

» 25 March 2004
Chinese specialists undertaking the redrilling of 65 wells at Shatlyk have now competing 22.
more »

» 25 March 2004
Ukrainian and Turkmen specialists are working on the gas contract which will take effect after 2006. They have suggested that Turkmenistan may be willing to send up to 50 BCM/yr of gas to the Ukraine.
more »

» 25 March 2004
Gazprom has bought a 34% stake in Lietuvos Dujos.
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» 25 March 2004
Itera plans to invest $201.6 mn in 2004.
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» 25 March 2004
Rosneft has started using the Belokamenka storage tanker to export up to 5 mn t/yr of Arctic oil.
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» 25 March 2004
Rosenergoatom plans to increase the output of nuclear power by 3.5% this year.
more »

» 25 March 2004
Construction of the Korpeje-Balkanabat oil pipeline has started.
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» 24 March 2004
Beltransgaz has refused to sign a new contract with Trans Nafta.
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» 24 March 2004
Gazprom and the Yakutiya Republic Administration have signed an agreement to set up a joint venture.
more »

» 24 March 2004
Gazprom, Rosneft and Surgutneftegaz have met to discuss the development of Talakan oilfield.
more »

» 24 March 2004
Lukoil are to issue 6 bn Rub of bonds.
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» 24 March 2004
Surgutneftegaz is planning for an 8% rise in oil production in 2004.
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» 24 March 2004
Silovye Mashiny has won a contract to modernise a power station in Macedonia.
more »

» 24 March 2004
Transzas Consulting has contracted to create a marine safety system for 7 vessels of Lukoil-Kaliningradmorneft.
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» 24 March 2004
Gosstroi has agreed the justification for investment in the Kstovo-Primorsk oil product pipeline.
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» 24 March 2004
Rosneft has started exporting Arctic oil using the Belokamenka storage tanker, moored off the coast of Murmansk province.
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» 24 March 2004
Itera delivered 30.7 BCM of gas to Russia and other CIS states in 2003. It made a consolidated profit of $59.7 mn.
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» 23 March 2004
Tuapse Oil Port increased crude and product exports by 20% in January-February to 2.16 mn t.
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» 23 March 2004
Gidrokor of St Petersburg to install hydro-insulation at Sogrinsk CHPP in Kazakhstan.
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» 23 March 2004
Vostochnyi port exported 1.928 mn t of coal in Jan-Feb, up 15%.
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» 23 March 2004
Georgian President Saakashvili has threatened to re-impose blockade of Batumi.
more »

» 23 March 2004
Iran-Armenia gas pipeline could be extended under Black Sea for 550 kms from Supsa to Feodosiya and export Iranian gas to Western Europe.
more »

» 23 March 2004
Azgerneft to invest 3 bn manats at Ramany oilfield.
more »

» 23 March 2004
Kazakhgstan-Iran oil swap to double in next few months as Iran signs agreements with three more companies.
more »

» 23 March 2004
Petrofac buys Kyrgoil stake in Jalalabad refinery.
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» 23 March 2004
Azerneftyanajag refinery to undertake additional processing of 477,000 t of fuel oil in 2004.
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» 20 March 2004
Lukoil subsidiary Litasco has signed contract to supply gasoline and diesel to northern Iraq.
more »

» 20 March 2004
Big rise in Russian oil exports so far this this.
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» 20 March 2004
The Georgian blockade of Batumi seaport has been lifted and oil exports have resumed.
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» 20 March 2004
A new gas pipeline has been completed serving Sumgait.
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» 20 March 2004
Turkmenistan has published more details of its ambitious plan to increase production and exports of LNG and LPG. See Central Asia Energy Monthly.
more »

» 20 March 2004
Lebapgazdobycha has produced 1 BCM of gas from Zaunguz Karakum Desert so far this year.
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» 20 March 2004
Armenia produced 5.5 twh of electricity in 2003, slightly down on 2002, but remains a net exporter.
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» 20 March 2004
Agip are to pay a fine of $150 mn for the delay in commissioning Kashagan oilfield.
more »

» 18 March 2004
The export of oil through Batumi has been halted by the georgian blockade, with 8 trainloads waiting near the border between georgia and Ajaria.
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» 18 March 2004
The Caspian Pipeline Consortium is to increase its tariff by 3.3%.
more »

» 18 March 2004
Anshad Petrol is to invest $1.5 mn in the development of the Neftchala-Khilli Durovdag oilfield.
more »

» 18 March 2004
Silovye Mashiny has signed a contract to supply 2 gas turbines and 2 turbogenerators to Iraq.
more »

» 18 March 2004
Surgutneftegaz could lose its licence to develop the Talakan oilfield.
more »

» 18 March 2004
Stroitransgaz is to build gas pipelines in Kazakhstan.
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» 18 March 2004
The EBRD is to extend a credit of $81 mn to KEGOC towards the $273 mn cost of building a second North-South power line.
more »

» 17 March 2004
The oil port of Batumi in the Georgian territory of Ajaria has been blockaded by the Georgian authorities and oil exports have been halted.
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» 17 March 2004
Azneft drilling footage rose by 36% in January-February over the same period of 2003.
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» 17 March 2004
gazprom has stated that it will not stop gas supplies to Georgia over the debt by Tbilgaz.
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» 17 March 2004
Mcdermott have completed the installation of a gas pipeline from Azeri oilfield to Sangachal.
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» 17 March 2004
The Ministry of Natural Resources has found violations of licence conditions at 13 exploration blocks for which Slavneft-Megionneftegaz holds licences.
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» 17 March 2004
Tyumenneftegaz is achieving a steady rise in output at its Uvat block in Tyumen Province.
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» 17 March 2004
The first batch of pipes for the Sakhalin-2 pipeline has been manufactured at Vyksa Pipe Mill.
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» 16 March 2004
Igor Yusufov has turned down his nomination as Head of the Federal Energy Agency of the Ministry of Industry and Energy. A Vice President of Rosneft, Sergei Oganesyan, has been nominated.
more »

» 16 March 2004
Novatek and Nortgaz have agreed to build a 1 mn t/yr condensate plant in Pur District and two condensate pipelines from their Yukharovsk and Severo-Urengoi gas and condensate fields to the plant.
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» 16 March 2004
Shlumberger have signed a cooperation agreement with Tyumen Province Administration.
more »

» 16 March 2004
Leningrad Province authorities have approved a Rosneft plan to build a new oil and oil product terminal at Primorsk.
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» 16 March 2004
A Canadian delegation has visited Sakhalin Island to discuss participation in oil and gas projects.
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» 16 March 2004
Kazakhstan is prepared to become a shareholder in the Odessa-Brody pipeline.
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» 16 March 2004
Investment by Turkmengaz, Turkmenneftegazstroi, Turkmenneftegaz, Turkmenneft and Turkmengeologiya rose strongly in January compared with the same month of 2003. Full details in Central Asia Energy Monthly.
more »

» 16 March 2004
Trade data for Turkmenistan shows a big rise in the value of exports by Turkmenneftegaz.
more »

» 16 March 2004
Gazprom has made the shortlist for the purchase of shares in Distrigaz-Nord and Distrigaz-Sud together with Ruhrgas, Wintershall, Enel and Gaz de France.
more »

» 16 March 2004
Lukoil plans to expand its presence in Georgia.
more »

» 16 March 2004
A Statoil delegation is to visit Azerbaijan to inspect its projects.
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» 16 March 2004
SOCAR has announced the tender for its second load of Chirag profit oil to be lifted from Supsa. API Oil of Italy bought the first load.
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» 13 March 2004
SOCAR does not want to sign contracts for sending definite volumes of oil through the Odessa-Brody oil pipeline. It could use it on an ad hoc basis, especially in winter when bad weather restricts passge through the Bosphorus.
more »

» 13 March 2004
Turkmenneft produced 2 BCM of gas in January-February, most of which was exported. It also produced 1.1 mn t of oil including 740,000 tons from the mature fields at Barsagelmes, Goturdepe, Cheleken and Kumdag.
more »

» 13 March 2004
The Swiss bank accounts of YUKOS shareholders have been frozen.
more »

» 13 March 2004
The construction of a new oil port is to begin at Primorsk in 2005.
more »

» 13 March 2004
Following the recent 10 bn Rub bond issue, the Gazprom Board has approved another issue of 5 bn Rub.
more »

» 12 March 2004
KazMunaiGaz has received a $300 mn credit from BNP Paribas for the Uzenmunaigaz and Embamunaigaz oil productuion subsidiaries.
more »

» 12 March 2004
Surgutneftegaz increased oil output by 11.4% in January-February.
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» 12 March 2004
Lukoil has signed a memorandum of cooperation with the Ministry of Oil in Iraq.
more »

» 12 March 2004
Gazprom is cutting the supply of gas to Georgia because Tbilgaz is failing to pay its debts.
more »

» 12 March 2004
ExxonMobil plans to expand its activity in Russia because it believes that the investment risk is declining.
more »

» 12 March 2004
SOCAR exported 16,800 t of oil products to Iran in January-February
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» 12 March 2004
The Turkmenneftegaz subsidiary Burnebitgaz drilled 78,680 metres of wells in the first 70 days of 2004.
more »

» 12 March 2004
OMZ and Silovye Mashiny have agreed a cross holding of shares.
more »

» 12 March 2004
Rosneft have received a $450 mn credit from Sberbank.
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» 12 March 2004
Gazprom and PGNiG have discussed shortfalls of Russian gas because Belarus is taking it from the transit pipeline.
more »

» 12 March 2004
The Telasi electricity utility of Tbilisi is to receive a credit from a German bank.
more »

» 11 March 2004
A batch of highly-enriched uranium has been sent by Libya to Russia.
more »

» 10 March 2004
Uzbekenergo is to invest $150 mn in the modernisation of the power grid.
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» 10 March 2004
Kazakhstan oil production in January-February increased by 12%, with KazMunaiGaz recording an increase of 5.5%, TengizChevroil 6.1%, Karachaganak Petroleum Operating Co 16.6%, Mangistaumunaigaz 9.1% and Aktobemunaigaz 6.6% while Petrokazakhstan reduced output by 12.7%.
more »

» 10 March 2004
BOTAS says it will finish the Baku-Tbilisi-Ceyhan pipeline on time and complete the Baku-Tbilisi-Erzerum pipeline by 2006 in time for the commissioning of Shakh Deniz oilfield.
more »

» 10 March 2004
Lukoil and Saudi Aramco have set up the LUKSAR joint venture to develop the Block A gas project in Saudi Arabia.
more »

» 10 March 2004
British Petroleum says that the Sakhalin-5 project could cost $5 bn.
more »

» 10 March 2004
Turkmenneft produced 1.5 mn t of oil in January-February.
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» 10 March 2004
The exploration well being drilled at Akpatlavuk oilfield will reach a depth of 5,500 metres.
more »

» 10 March 2004
Neste St Petersburg is to invest $7 mn in its filling stations.
more »

» 10 March 2004
Gazprom and BASF are to cooperate in selling gas to Britain.
more »

» 10 March 2004
The construction of the Atasu-Alashanku oil pipeline will start in July 2004.
more »

» 10 March 2004
Kazakh President Nursultan Nazarbayev has visited Saudi Arabia to attract investment in the oil industry.
more »

» 10 March 2004
The Caspian Shipping Company increased its transportation of oil by 26% in January-February over the same period of 2003.
more »

» 10 March 2004
The Russian Ministry of Energy has been subsumed into a new Ministry of Industry and Energy by Russian Prime Minister Mikhail Fradkov. The Minister is Viktor Khristenko. The Ministry of Natural Resources survives, bit with a new Minister, Yurii Trutnev.
more »

» 10 March 2004
Zarubezhneft is to be privatised this year.
more »

» 10 March 2004
SIBUR is to sell Beltransgaz 1 BCM of gas this year. Gazprom has contracted to deliver 10.2 BCM, but has not sent any yet.
more »

» 08 March 2004
SOCAR produced 1,466,900 tons of oil in January-February, 0.5% up on the same period of 2003. Azerbaijan plans to produce 15.45 mn t this year including 6.7 mn t by SOCAR.
more »

» 08 March 2004
Azgerneft is to invest $608,000 at the Ramani field this year.
more »

» 08 March 2004
The Director of the Baku-Tbilisi-Ceyhan Company, Michael Townsend, has said that there are no plans to change the route of the pipeline in Georgia.
more »

» 08 March 2004
Azerbaijan and Georgia are to reduce the railway tariff for the transport of Kazakh and Turkmen oil to Batumi.
more »

» 06 March 2004
Azerigaz has completed the capital repair of the gas distribution station in Alibayramli, Azerbaijan.
more »

» 06 March 2004
The Turgai Petroleum joint venture, which works part of the Kumkol oil field, plans to increase oil production by 20% in 2004 according to Boris Zilbermints of Lukoil Overseas Service Ltd.
more »

» 06 March 2004
Mary Engineering Plant achieved a big increase in the production of equipment for the Turkmenistan oil and gas sector in January-February of this year.
more »

» 06 March 2004
Sergei Yermilov has been dismissed as Minister of Fuel and Energy in the Ukraine. The Head of Neftegaz Ukrainy, Yurii Boiko is likely to succeed him.
more »

» 06 March 2004
Rosneft say that they are starting preparatory work for the construction of the Yaroslavl-Murmansk oil pipeline
more »

» 04 March 2004
The 4.5 BCM of gas which SOCAR has contracted to buy from Russia will actually be supplied by the Gazprom subsidiary KazRosGaz from Karachaganak field in Kazakhstan. See Caucasus Energy Monthly.
more »

» 04 March 2004
Azerneftyag and Azerneftyanajag refineries have a combined capacity of 22 mn t/yr but operated at 28% of capacity in January-February. They increased their oil product exports by 3.9% over the same period of 2004.
more »

» 04 March 2004
The Kazakh Prime Minister has ordered KazMunaiGaz to begin the construction of the Atasu-Alashanku-Dushanzi oil pipeline before the end of this year.
more »

» 04 March 2004
The Ministry of Taxes has stated that Sibneft owes $1 bn in tax arrears for the period 2000-2001.
more »

» 04 March 2004
A new exploration well by RITEK at Sredne-Khulymsk has indicated that the field is much larger than previously thought.
more »

» 04 March 2004
With the completion of the second 80 MW unit at Seydi power station, plans are being drawn up for the construction of a new unit of 120 MW. It is to be completed by 2009. See Central Asia Energy Monthly.
more »

» 04 March 2004
Azneft profit for 2003 is much higher than previously calculated at $161 mn.
more »

» 04 March 2004
SOCAR sent 557,400 t of oil through the Transneft pipeline system in January-February. See Caucasus Energy Monthly.
more »

» 04 March 2004
President Niyazov has discussed Turkmen exports of oil, gas and electricity to Turkey with Chalyk Holding President Akhmet Chalyk.
more »

» 04 March 2004
Turkmenneftegaz has signed a contract with Pars Energy for the construction of an LPG storage tank at Kiyanly seaport.
more »

» 04 March 2004
Kalyuzhnyi alleges that Turkey is restricting movement through the Bosphorus to force Russia to build an oil pipeline across Turkey.
more »

» 04 March 2004
Ukraine is to commission two new nuclear reactors this year.
more »

» 04 March 2004
Gazprom President Miller and Kazakh Minister Shkolnik have discussed the transit of Turkmenistan and Uzbekistan gas across Kazakhstan to Russia. They also discussed Russian work at Kashagan, Karachaganak and Tengiz.
more »

» 04 March 2004
Khanchei gas, condensate and oil field has come on-stream.
more »

» 04 March 2004
Sibneft tax bill has been reduced by $300 mn from $1 bn. Western sources say it was increased by $300 mn.
more »

» 04 March 2004
MENATEP Managing Director Stephen Curtis has been killed in a helicopter crash near Bournemouth. He had replaced Stepan Lebedev who is now in prison.
more »

» 04 March 2004
Rosneft and BP are discussing the Sakhalin-5 project to work the Kaigansk, Vasyukansk, Vostochno-Shmidtovsk, Yelizavetinsk and Khanguzinsk blocks.
more »

» 02 March 2004
KazMunaiGaz hopes to create consortium with participants in Unipetrol tender.
more »

» 02 March 2004
SIBUR plans 20% rise in turnover this year.
more »

» 02 March 2004
Rosenergoatom increased output by 4.6% at Russian nuclear stations in February over February 2003.
more »

» 02 March 2004
KazMunaiGaz will export oil to Iran by tanker rather than build a pipeline during the foreseeable future.
more »

» 02 March 2004
Kazakh oil pipeline to be built from Atasu to Alashanku will be extended to 6 mn t/yr refinery at Dushanzi.
more »

» 02 March 2004
YUKOS investment in refining and marketing will amount to $586 mn this year after $336 mn in 2003.
more »

» 02 March 2004
TNK-BP exported 1.8 mn t of oil through Odessa in 2003 including 0.8 mn t re-exported from Lisichansk refinery.
more »

» 02 March 2004
Tomskneft plans to produce 20 mn t of oil this year.
more »

» 02 March 2004
Workers on the Baku-Tbilisi-Ceyhan oil pipeline have gone on strike for higher wages.
more »

» 02 March 2004
The Kazakhstan Government ban on fuel oil exports has been lifted.
more »

» 02 March 2004
Russia plans to achieve a big increase in oil exports to the USA according to the Deputy Minister of Energy Sergei Federov.
more »

» 02 March 2004
Transneft has announced a new version of the plan for an oil pipeline from Angarsk to Nakhodka.
more »

» 02 March 2004
The new oilfield off the coast of Kaliningrad Province has become operational.
more »

» 02 March 2004
The dispute between Russia and Belarus over gas supplies has been resolved. Gazprom will sell 10.2 BCM this year, the same as last year.
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» 02 March 2004
Turkmenbashi Oil Refinery is to set up a new division for making products from polypropylene.
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» 02 March 2004
TNK-BP is to buy 5 filling stations from Faeton in St Petersburg.
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» 29 February 2004
Kazakhstan has banned the export of diesel.
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» 29 February 2004
Amangeldy gasfield is now producing after KazTrandGaz completed the drilling of the first batch of wells.
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» 29 February 2004
Uzbekneftegaz has signed a contract with KazTransGaz for the supply of 1.3 BCM of gas in 2004.
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» 29 February 2004
Shell say that Kashagan has 4.8 bn t of oil of which 1.6 bn t are recoverable.
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» 29 February 2004
Atyrau Oil Refinery management has been accused of selling oil products at low prices and falsifying income from the sale of petrochemicals.
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» 27 February 2004
Petersburg Fuel Company is to invest up to $12 mn in the development of its filling station network in St Petersburg this year.
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» 27 February 2004
Turkmenbashi Oil Refinery has produced 40,000 t of LPG so far this year. Almost all of it has been exported to Iran, Armenia, Iraq and Pakistan. Full article in the March issue of Central Asia Energy Monthly.
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» 27 February 2004
Kaspmorneftegazstroi is to spend 176 bn manats on construction and maintenance work this year.
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» 27 February 2004
A uranium processing plant has come on-stream at Taukent in Kazakhstan with a capacity of 1,700 t/yr.
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» 27 February 2004
Russia and Kazakhstan are working on an inter-Governmental agreement for regulating the CPC pipeline and improving its efficiency according to the Kazakh Minister of Energy Vladimir Shkolnik. See Kazakhstan Energy Monthly.
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» 27 February 2004
Vysotsk oil product terminal will begin operating at a rate of 2 mn t/yr at the end of March.
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» 27 February 2004
Surgutneftregaz are to pay dividends of 0.16 Rub per preference share and 0.14 Rub per ordinary share.
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» 27 February 2004
The new rate of export duty for crude oil, with effect from 1st April, will be $35.1/ton. The rate for oil products will be 31.6
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» 27 February 2004
Anatolii Krylosov is the new General Director of Noyabrskgazdobycha.
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» 27 February 2004
YUKOS plans to produce 90 mn t of oil this year.
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» 27 February 2004
Gazprom is to participate in the privatisation of SPP of Slovakia.
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» 26 February 2004
The dismissal of Prime Minister Kasyanov and his replacement by Viktor Khristenko has been broadly welcomed by foreign investors in Russia.
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» 26 February 2004
The Komi republic produced 856,700 tons of oil in January, an increase of 4.7% over January 2003.
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» 26 February 2004
The transportation of Caspian oil along the Odessa-Brody pipeline to Poland could begin in May. It will be railed from Brody to Plock refinery.
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» 26 February 2004
The latest meeting between Aleksei Miller of Gazprom and Petr Petyukh of Beltransgaz failed to agree on the resumption of gas supplies to Belarus.
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» 26 February 2004
Ukrtatnafta supplies 6.58 mn t of oil to Kremenchug refinery in 2003. It refined 6.65 mn tons, 3.7% down on 2002and produced 1.54 mn t of gasoline and 1.98 mn t of diesel.
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» 26 February 2004
The drilling of the 3rd exploration well has started at Shakh Deniz.
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» 26 February 2004
The catcracker has resumed operations at Azerneftyanajag refinery in Baku.
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» 26 February 2004
Marygazdobycha produced 2.338 BCM of gas in January, with 98% of it exported. See Central Asia Energy Monthly.
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» 26 February 2004
The 220 MW steam gas turbine has been commissioned at Tyumen CHPP-1
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» 26 February 2004
The Agip KCO consortium has approved the plan and budget for the development of the Kashagan oilfield. See Kazakhstan Energy Monthly.
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» 24 February 2004
KazMunaiGaz is expanding its filling station network.
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» 24 February 2004
Accreditation of Aktau crude oil analysis lab postponed in Kazakhstan.
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» 24 February 2004
Azerbaijan imported 143 mn kwh of electricity from Russia in January.
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» 24 February 2004
Azerbaijan fuel oil stocks rose by 30.6% in january
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» 24 February 2004
Azerbaijan refineries supplied 379,600 tons of oil products to the domestic market in January.
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» 24 February 2004
Itochu does not expect to reactivate thge Ashraf-Dan Ulduzu and the Yanan Tava-Atekhgyakh-Mugan Deniz oil projects. It has spent $385 mn in Azerbaijan. See Caucasus Energy Monthly.
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» 24 February 2004
Turkmen oil refineries refined 486,300 tons of crude oil and condensate in January. Gasoline output rose 9%, diesel 5%, polypropylene 25%, lubes 28%. See Central Asia Energy Monthly.
more »

» 20 February 2004
Russian gold and hard currency reserves rose by $3.7 bn in the week ending 12th February to reach a new record of 88 bn Rub.
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» 20 February 2004
The second exploration well at Shakh Deniz has discovered a new gas reservoir.
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» 20 February 2004
British Petroleum bought 30,000 tons of diesel from Azerbaijan in January. SOCAR exported 12,000 tons of gasoline and diesel to Iran in January.
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» 20 February 2004
Azneft made a profit of $125 mn in 2003.
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» 20 February 2004
Subsidiaries of Transneftprodukt are planning to export oil products to raise money for their contribution to the authorised capital of the "Balttransnefteprodukt" company which will operate the Kstovo-Yaroslavl-Kirishi-Primorsk oil product pipeline.
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» 20 February 2004
Gazprom has resumed the supply of gas to belarus after Trans Nafta signed a contract with Beltransgaz for the delivery of 640 MCM of gas.
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» 20 February 2004
A gas pipeline between Latvia and Lithuania, which had remained unused for the past 14 years, is back in use to supply gas to Kaliningrad while the supply of Russian gas to Belarus remains blocked. Kaliningrad had previously been supplied ...
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» 19 February 2004
The construction of a section of the Kazakh-China oil pipeline is to start this year. With a length of 1,300 kms, it will cost $850 mn.
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» 19 February 2004
AIOC produced 554,500 t of oil in January, down 0.4% on January 2003. See Caucasus Energy Monthly.
more »

» 19 February 2004
The new Georgian Government of Prime Minister Zurab Zhvania has appointed Nika Gilauri as Minister of Energy.
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» 19 February 2004
Perm refinery will complete the construction of a 3.3 mn t/yr hydrocracker in July.
more »

» 19 February 2004
Severoceske Doly coal company of the Czech Republic produced 22.74 mn t of coal in 2003, after 21.39 mn t in 2002.
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» 19 February 2004
The Hungarian Government hopes to earn $355 mn from the sale of 10.44% of the shares in MOL.
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» 19 February 2004
PKN Orlen made a net profit of 1.05 bn zloty in 2003.
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» 19 February 2004
The production of oil in Eastern Siberia and Yakutiya is planned to rise from nearly nothing at present to 80 mn t/yr by 2020
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» 19 February 2004
The second set of 80 MW has come on-stream at Seydi power station in Turkmenistan.
more »

» 18 February 2004
The 360,000 dwt Belokamenka storage tanker has arrived off the coast of Murmansk province. It will be supplied by Rosneft with oil from small tankers sailing from Arkhangelsk oil terminal.
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» 18 February 2004
YUKOS plans to increase gas production from 5.5 BCM in 2003 to 50 BCM/yr by 2015.
more »

» 18 February 2004
YeES President Chubais is to help Kyrgyz electricity industry to make customers pay for their electricity.
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» 18 February 2004
Revised data onRussian oil output in January shows 10.3% rise to 37.3 mn t. Refinery throughput rose 1.6% to 15.7 mn t. Refinery throughput in week ending 8th February was 3.74 mn t.
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» 18 February 2004
Surgutneftegaz is confirmed as owner of central section of Talakan oilfield with reserves of 124 mn t of oil and 47 BCM of gas.
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» 18 February 2004
Transneft plans to transport 238 mn t of export oilthis year after 208 mn t in 2003.
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» 18 February 2004
The price of Urals oil CIF for Mediterranean ports reached $27.76/bl on 16th February.
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» 18 February 2004
Vietsovpetro produced 13.1 mn t of oil in 2003, 75% of all Vietnamese oil. Russia hopes to take part on construction of Shonla hydro station with capacity of 2,400 MW.
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» 17 February 2004
Kazakhstan oil production amounted to 4.03 mn t in January while condensate output rose 20% to 0.62 mn t. Gas production rose sharply to 1.65 BCM
more »

» 17 February 2004
The Russian Government will ignore an offer by Menatep shareholder Leonid Nevzlin, currently in Israel on the run from the law, to hand over shares to the Government in return for the freedom of YUKOS officials from prison.
more »

» 17 February 2004
TNK-BP produced 42.96 mn t of oil in 2003 and exported 18.8 mn t. This excludes data from SIDANKO, which produced 18.60 mn t and exported 8.3 mn t.
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» 17 February 2004
Uzbekistan generated 49.4 twh of electricity in 2003, 0.2% up on 2002. This confirms that the Uzbek economy is barely growing, and output per person is actually declining.
more »

» 17 February 2004
Kazakh oil exports rose 13% by volume in 2003 and 39% by value. Oil product exports rose by 68%. Full details in Kazakhstan Energy Monthly.
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» 17 February 2004
Itera is unable to supply gas to Azerbaijan after Gazprom excluded it from the pipeline. See Caucasus Energy Monthly.
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» 17 February 2004
Russian oil refinery throughput amounted to 15.7 mn t in January, 1.6% up on January 2003. Oil production rose 10.3%, indicating a substantial rise in exports.
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» 17 February 2004
Surgutneftegaz drilled 244,100 metres of exploration wells in 2003 and discovered 5 new fields and 6 new pools at existing fields.
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» 17 February 2004
YUKOS plans to export 3.86 mn t of oil to China in 2004.
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» 17 February 2004
A delegation of Russia oil industry officials has travelled to Basra to press their claim for the validity of contracts which they signed during the Saddam Hussein era.
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» 17 February 2004
Vitol Broking has signed a contract to buy 130,000 tons of oil from SOCAR in March.
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» 13 February 2004
Russian gas supplies to Belarus were cut off completely on February 12th.
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» 13 February 2004
The construction of the Nyuksenitsa-Arkhangelsk gas pipeline is to be accelerated. Work is now taking place near the Plesetsk Cosmodrome.
more »

» 13 February 2004
Severstal is to spend 1.5 bn Rub on the development of the Vorkutaugol coal enterprise in 2004.
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» 13 February 2004
Russian power stations continued to work normally despite a major accident on the Yamburg-Yelets gas p[ipeline in Perm Province. They burned coal and fuel oil instead of gas.
more »

» 13 February 2004
The Russian Ministry of Natural Resources will hold tenders for licences to work 10 blocks in the Pechora Sea with 1.5 bn tons of hydrocarbons, and 20 blocks in the Barents Sea with 2.0 bn tons.
more »

» 13 February 2004
The "Naftatrans" company, which rails oil products in the Far Eastern Region,is to insure its 195 rail tankcars with "AVEST" for $6 mn.
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» 13 February 2004
Lukoil was the top Russian oil producer in 2003 with 81.5 mn t (including its share from joint ventures) compared with 80.8 mn t reported by YUKOS.
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» 13 February 2004
Lukoil has been chosen by the Russian Government to work the Yalamo-Samursk block in the Caspian Sea.
more »

» 13 February 2004
Georgia has offered to let Russia export its oil across Georgian territory under the most advantageous conditions. Georgian officials have been promoting the idea of building a new oil pipeline from Russia to Batumi.
more »

» 12 February 2004
Turkmenistan in January: Gas production rose 6.4%, gas exports 8%, oil production 3.4%, oil refining 5.4% compared with January 2003. Full details can be seen in the February issue of Central Asia Energy Monthly, which can be viewed on-line by ...
more »

» 12 February 2004
The Kazakhstan Government has accused ChevronTexaco of breaking the law.
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» 12 February 2004
Russian oil exports to foreign destinations rose by 18.9% in 2003 while sales to CIS states rose by 18.8%. There was a considerable rise in the export of oil products. See Russia Energy Monthly
more »

» 12 February 2004
YUKOS increased oil production by 16.3% in 2003, although the plan was under-fulfilled.
more »

» 12 February 2004
Orenburg Province recorded a 28% increase in oilproduction to 14.1 mn t in 2003 while gas output rose slightly to 23.5 BCM.
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» 12 February 2004
Tranzas have concluded a contract with Vyborg Shipyard for the construction of a tanker for Kazakhstan.
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» 12 February 2004
Turkmenistan trade data for 2003 shows that $107 mn was spent on the import of turbines for the gas sector.
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» 11 February 2004
Kazakhstan produced 4.65 mn t of oil and condensate in January, 14.5% up on January 2003. For output by major companies, see Kazakhstan Energy Monthly.
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» 11 February 2004
Kazakhstan increased gas production by 39% to 1.49 BCM in January compared with January 2003.
more »

» 11 February 2004
Rosneft is to sign an agreement with Krasnoyarsk province Administration on the development of the Vankorsk oilfield.
more »

» 11 February 2004
Russia is continuing to talk with Turkey about the restrictions on tanker movements through the Bosphorus. The Russian Ship Owners Union say that 140 mn t of crude and 60 mn t of oil products were shipped from the Black ...
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» 11 February 2004
Maryazot has started producing polypropylene sacks for its fertiliser.
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» 11 February 2004
Turkmenistan: A new oil depot has been completed in Galkynysh District, Lebap province.
more »

» 11 February 2004
Turkmenistan achieved a trade surplus of $1,120 mn in 2003.
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» 11 February 2004
Georgia has increased the tariff for the railway transport of oil and products.
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» 10 February 2004
Oiltanking GmbH of Germany plan to invest $80 mn in a crude oil and oil product terminal to be built by TNK-BP at Logi in Luzhskaya Bay in Leningrad Province. It will have a capacity of 7.5 mn t/yr with ...
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» 10 February 2004
President Aliev has completed a 3-day visit to Russia. He agrees with President Putin that the throughput of the Baku-Novorossiisk pipeline must be increased, but has suggested that its flow could be reversed in the future with Russian oil exported ...
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» 10 February 2004
While the tax on oil production has risen to 347 Rub/ton from 340, the tax on gas has grown from 32 to 107 Rub/TCM. The new rates took effect at the beginning of this year.
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» 10 February 2004
The new oil terminal in Luzhskaya bay will cost $175 mn and construction work will begin in the second quarter of 2005 for completion of the 1st stage in Q4 of 2006.
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» 10 February 2004
The 4th stage of reconstruction of the Goturdepe gas compressor station has been completed by Ukrgazprombud and PetroGazAziya of the Ukraine.
more »

» 10 February 2004
Transnefteprodukt has completed the Chekmagush pumping station on the Ufa-kambarka oil product pipeline.
more »

» 10 February 2004
Sevmashpredpriyatiye of Severodvinsk is to get a $364 mn order for an ice-resistant Arctic-class platform this year.
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» 10 February 2004
Aktau seaport shipped 6.9 mn t of crude and products in 2003 compared with 5.5 mn t in 2002. It has a capacity of 8 mn t/yr.
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» 06 February 2004
Neste St Petersburg paid taxes of 128.3 mn Rub to St Petersburg City Administration in 2003.
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» 06 February 2004
The "Siberian Coal Energy Company" increased its deliveries of coal by 9.3% in 2003 to 78.98 mn t.
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» 06 February 2004
Russian Minister of Energy Igor Yusufov says that Russia wants Azerbaijan to increase the delivery of oil through the Baku-Novorossiisk pipeline from the current 2.5 mn t/yr to at least 5 mn t/yr.
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» 06 February 2004
The former Head of YUKOS-Moskva, Vasilii Shakhnovskii, has been found guilty of tax evasion but has been released because he had repaid the 53 mn Rub.
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» 06 February 2004
Fortum has increased its stake in Lenenergo by 5.1% to 21%.
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» 06 February 2004
Igor Yusufov says that Russian oil production could rise by 6-8% while exports grow by 5% in 2004.
more »

» 06 February 2004
Marathon Oil has proposed the creation of a joint venture with Rosneft.
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» 06 February 2004
Moscow hopes to expand the presence of Russian oil companies in Iraq.
more »

» 05 February 2004
PetroKazakhstan plans to invest $176 mn in the Kyzylkiya, Aryskum, Kumkol North, North Nurali, Nurali and Aksai oilfields in central Kazakhstan in 2004.
more »

» 05 February 2004
Azerbaijan exports rose 19.6% to $2.59 bn in 2003 while imports rose by 57.8% to $2.63 bn. The rise in imports was largely due to purchases for the Baku-Tbilisi-Ceyhan oil pipeline.
more »

» 05 February 2004
Russia supports the planned gas pipeline from Iran to Armenia because it will ensure gas supplies for the Razdan Thermal Power Station which now belongs to YeES.
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» 05 February 2004
Azerbaijan President Ilkham Aliev will visit Russia in the next few days where he will hold discussions with the Government and Lukoil.
more »

» 03 February 2004
Turkmenistan gas: Turkmenabat Directorate of Exploration Drilling has started to assemble the first drilling rig at the Serpai prospect in the Kyzylkum Desert.
more »

» 03 February 2004
Turkmenistan gas: Turkmenburgaz is drilling development wells at the Yelgui, Malai, Dovletabad and Gazlydepe gas fields.
more »

» 03 February 2004
Turkmenistan liquid gas: The export of liquified gas from Turkmenbashi to Iran has grown rapidly this year with 30-40 road tankers leaving every day.
more »

» 03 February 2004
The front runner to win the tender to manage North West CHPP of St Petersburg is Fortum of Finland.
more »

» 03 February 2004
KalmTEKneftetrans of Kalmykiya is to build the Lagan port on the Caspian.
more »

» 03 February 2004
Gazprom is to make a 10 bn Rub bond issue.
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» 03 February 2004
Transneft carried 208 mn t of oil to export terminals in 2003 and is planning for 238 mn t this year. Deliveries in January exceeded 15 mn t.
more »

» 03 February 2004
A 300,000 dwt tanker is due to arrive at Murmansk shortly. It will accumulate oil delivered in 20,000 dwt tankers for export to north west Europe in much larger tankers.
more »

» 03 February 2004
Mikhail Brudno has resigned at president of YUKOS Refining and Marketing after a search warrant was issued for him. He will be replaced by P.Zolotaryev.
more »

» 03 February 2004
Gazeksport is to start exporting gas to Azerbaijan in February.
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» 03 February 2004
There are plans to build up to 160 new filling stations in St Petersburg during the next two years.
more »

» 03 February 2004
Lukoil plans to produce 86.2-87.0 mn t of oil in 2004.
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» 03 February 2004
Leningradslanets of Leningrad Province plans to build an oil shale processing plant for $80 mn this year.
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» 03 February 2004
Officials from YUKOS and Sibneft have signed a protocol providing for the divorce of the two companies.
more »

» 31 January 2004
Gazprom believe that Irkutsk Province has reserves of up to 7,000 BCM of gas and 2 bn tons of oil.
more »

» 31 January 2004
The Russian YeES electricity company is planning to spend $157 mn on renovating and expanding electricity facilities in the Georgian region of Abkhazia. See february issue of Caucasus Energy Monthly.
more »

» 31 January 2004
The Russian Government has approved a production sharing agreement for the development of the Prirazlomnoye oilfield in the Pechora Sea.
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» 31 January 2004
YUKOS made a net profit of $3,546 mn in 9 months of 2003, 71.3% up on the same period of 2002.
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» 31 January 2004
Tatarstan increased oil production by 462,000 tons in 2003.
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» 31 January 2004
Rosneft may take part in a new tender for the right to develop the Sakhalin-3 project. ExxonMobil and Texaco won the 1993 tender, which did not have legal validity and the licences were never issued.
more »

» 31 January 2004
Mangistaumunaigaz recorded sales of $110.02 mn in 2003 with a net profit of $12.81 mn.
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» 31 January 2004
Kazakh Prime Minister Daniyal Akhmetov has been discussing the prospects for the construction of a gas processing plant at Karachaganak. See Kazakhstan Energy Monthly.
more »

» 31 January 2004
The biggest gas producer in Turkmenistan, Marygazdobycha, achieved a big increase in gas production in 2003. See Central Asia Energy Monthly.
more »

» 31 January 2004
The President of Azerbaijan has held talks with Gazprom on the prospects for an increase in gas supplies.
more »

» 30 January 2004
Ukrainian President Kuchma has delayed his planned visit to Turkmenistan from February to April because agreement has not been reached on the long term contract for the supply of Turkmen gas to Ukraine. See February issue of Central Asdia Energy ...
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» 30 January 2004
Vitol Broking has won the second tender for the shipment of SOCAR oil from Novorossiisk in February.
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» 30 January 2004
Russian Deputy Prime Minister Aleksei Kudrin believes the average price of Russian Urals Blend will be $26/bl in 2004.
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» 30 January 2004
The State Oil Fund of Azerbaijan received 1,820 bn manats in 2003 and spent 1,180 bn.
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» 30 January 2004
Gazprom income in 9 months of 2003 rose by 35% to 597 bn Rub from 441 bn in the same period of 2002.
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» 30 January 2004
The results of the tender to develop the Sakhalin-3 project have been annulled by a Russian Government Commission.
more »

» 30 January 2004
Gazprom and TNK-BP have discussed the project to develop the Kovykta gasfield in Eastern Siberia.
more »

» 29 January 2004
Bovanenkovo gasfield on the Yamal Peninsula is due to start producing gas in 2007 and the rail line must be built from Obskaya by this date according to the Governor of Yamalo-Nenetskii Region, Yurii Neyelov.
more »

» 29 January 2004
Severstal has signed a contract with SMS Meer of Germany for the purchase of a plant which will make 450,000 t/yr of large diameter pipe for the gas industry.
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» 29 January 2004
The Sakhalin II project has taken a major step forward with the first weld made on the 800-km gas pipeline system. Sakhalin Energy will spend $2.8 bn in 2004.
more »

» 29 January 2004
Russian gas supplies to Poland and Germany could decline as Belarus syphons gas from the Yamal-Germany pipeline crossing its territory. This is because Gazprom has stopped supplying Belarus in a dispute over ownership of the pipeline.
more »

» 27 January 2004
Bakgaz of Baku reports that the availability of gas has declined due to repair work on the Chirag-1 platform in the Caspian. See February issue of Caucasus Energy Monthly.
more »

» 27 January 2004
Barmek Azerbaijan has drawn up a plan of work for 2004-2006 which includes the replacement of aging power lines and sub-stations in Baku and Sumgait.
more »

» 27 January 2004
Sibneft produced 31.45 mn t of oil in 2003, 19.4% up on the 26.34 mn t of 2002, and is planning for a further 20% increase this year. See February issue of Russian Energy Monthly.
more »

» 27 January 2004
The Gazprom Council of Directors has approved the long term business plan of its SIBUR petrochemical subsidiary.
more »

» 27 January 2004
Sergei Stepashin has assued the management of TNK-BP that the investigation of past privatisations will not seek to overturn them.
more »

» 27 January 2004
Discussions between Gazprom and Beltransgaz on the ownership of the gas pipeline system in Belarus have still not achieved success.
more »

» 27 January 2004
An international search warrant has been issued for 10 major YUKOS officials and investors.
more »

» 27 January 2004
The Federal Energy Commission has condsidered a forecast of electricity prices over the next three years.
more »

» 26 January 2004
The Sakhalin-2 project will receive $2.8 bn of investment in 2004 according to its Supervisory Board.
more »

» 26 January 2004
Russian coal productionrose by 7.9% to 274.7 mn tons in 2003 with exports rising to 57.8 mn t from 50.0 mn t in 2002.
more »

» 26 January 2004
The Rosenergoatom company says that a design for a new water-cooled 1,500 MW reactor will be produced within 3 years.
more »

» 25 January 2004
Kazakhstan exported 34 mn t of oil through Russia in 2004 including over 14 mn t along the Tengiz-Novorossiisk pipeline. See the January issue of Kazakhstan Energy Monthly.
more »

» 25 January 2004
A leading Kazakh oil expert thinks the China Pipeline is the best new export option for Kazakh oil. See Kazakhstan Energy Monthly.
more »

» 25 January 2004
The Russian Government still believes that the Baku-Tbilisi-Ceyhan pipeline will not carry enough oil to make it profitable. See the February issue of Caucasus Energy Monthly.
more »

» 25 January 2004
Gazprom plans to buy 88.13 bn Rub of equipment ($3.0 bn) in 2004 including 68.12 bn through Gazkomplektimpeks.
more »

» 25 January 2004
Although Azerbaijan will start exporting gas to Turkey in 2006, sales to other countries (firstly Greece) will not begin before 2010. The Caucasus Energy Monthly.
more »

» 24 January 2004
The average price of gasoline at Russian filling stations has risen to 10.62 Rub/litre on 12th January.
more »

» 24 January 2004
The average price of gasoline at Russian filling stations varies from 9.07 Rub/lit for low-octane fuel (A-76 and AI-80) to 11.33 for the main grades (AI-92 and AI-93) and 12.57 Rub/lit for the top grades (Ai-95 and above).
more »

» 24 January 2004
Rostov Nuclear Station at Volgodonsk generated 7.3 twh of power from its 1,000 MW reactor in 2003. It achieve4d a capacity usage rate of 83.32%, the highest in Russia. It has produced 19 twh since the reactor was commissioned 3 ...
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» 24 January 2004
Russian oil refineries refined 3.551 mn t of oil in the week ending 11th January, 3% more than in the previous week. Gasoline output was 546,000 t (up 5.5%), diesel 1,046,000 t (down 0.8%).
more »

» 24 January 2004
Russian fuel reserves at product distribution depots increased by 5.8% (gasoline) and 6.4% (diesel) in the week ending January 11th.
more »

» 24 January 2004
KazMunaiGaz recorded a 4.4% increase in revenue in 2003 while its net profit rose by 18.9% to 69.1 bn tenge. For more details on KazMunaiGaz results for 2003, see Kazakhstan Energy Monthly.
more »

» 05 December 2003
Transneft has suspended deliveries of Azerbaijan oil through Baku-Novorossiisk oil pipeline.
more »

» 05 December 2003
Azerneftyanajag oil reinery of Baku exported 721,000 tons of oil products in january-November.
more »

» 05 December 2003
Vagit Alekperov has been appointed to the Council of Foreign Investment of Kazakhstan.
more »

» 05 December 2003
The Russian Ministry of Energy and American Department of Energy have met to discuss the prevention of oil spills.
more »

» 05 December 2003
Russia produced 384.117 mn t of oil and condensate in January-November.
more »

» 04 December 2003
YeES has denied a claim by the Acting President of Georgia that it has agreed to maintain existing electricity prices in Tbilisi beyond April 1st. It had agreed to hold prices from January 1st to April 1st in the interests ...
more »

» 04 December 2003
The town of Novaya Ladoga in Leningrad Province has been connected to the national gas grid.
more »

» 04 December 2003
Stroitransgaz has completed the construction of the oil pipeline from Haud el-Hamra to Arzew in Algeria.
more »

» 04 December 2003
Independent oil companies in Tatarstan plan to increase oil output by 5.1% in 2004 to 4.6 mn tons.
more »

» 04 December 2003
The Turkish Government says that Turkish companies would like to extend the Odessa-Brody oil pipeline to Plock.
more »

» 02 December 2003
Lukoil has 7 projects in Kazakhstan: Karachaganak, Tengiz, Kumkol, CPC, Khvalinsk, Tsentralnoye and Dostyk, and is looking for more.
more »

» 02 December 2003
SIBUR is to build a chain of 230 liquid gas filling stations in Russia.
more »

» 02 December 2003
Russian Minister of Finance Kudrin expects the price of Urals oil exports to exceed $22.5/bl in 2004.
more »

» 30 November 2003
Transneft are to increase the tariff for pumping crude oil along their pipelines by an average 8.62% in 2004.
more »

» 30 November 2003
Kazakhstan has started the construction of the Bautino port on the Caspian which will be the main onshore centre for the development of Caspian oilfields.
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» 30 November 2003
Arcadia have won the tender for a load of Azeri Light to be shipped by SOCAR from Supsa in December. It is SOCAR profit oil from Chirag.
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» 30 November 2003
Gaprom have drawn up a conception of development of the marine shelf. It foresees the production of 170 BCM/yr of gas and 20 mn t/yr of oil by 2030.
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» 30 November 2003
ChevronTexaco have invested $4 bn in Kazakhstan and aim to spend a further $4 bn in the next 4-5 years.
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» 28 November 2003
Gazprom and Beltransgaz have failed to reach agreement on the delivery of Russian gas to Belarus in 2004.
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» 28 November 2003
gazprom and Siemens will coordinate their work on the production of equipment for the gas industry.
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» 28 November 2003
Russian GDP grew by 6.5% in January-September.
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» 28 November 2003
The Russian Government is to sell a 7.6% stake in Lukoil in 2004.
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» 28 November 2003
Seydi Oil Refinery in Turkmenistan had produced 1 mn tons of oil products by 27th November, a large part of which was exported. Its profit in January-September was 163 bn manats.
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» 27 November 2003
Transneft expects to carry 208 mn t of oil for export through its pipelines this year, and 240 mn t in 2004.
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» 27 November 2003
Mikhail Saakashvili is likely to be the next President of Georgia.
more »

» 27 November 2003
The Gazprom Board has approved plans for the development of gasfields in Eastern Siberia and the Far East.
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» 27 November 2003
Severnaya Neft expects to bring all its oilfields in Val Gamburtseva on-stream next year.
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» 27 November 2003
Gazprom is one of the 8 participants in the tender to acquire a controlling stake in Petrom of Romania. The company produced 6 mn t of oil and 6.1 BCM of gas last year.
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» 26 November 2003
ExxonMobil and SOCAR have agreed on the closure of the Oguz project.
more »

» 26 November 2003
YeES have assured the new leadership in Georgia that they will continue to ensure a supply of electricity to the republic.
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» 26 November 2003
Surgutneftegaz made a revenue of 154.4 bn Rub in January-September, 13.9% up on the same period of 2002.
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» 26 November 2003
BP-Azerbaijan say that the construction of the BTC pipeline has been unaffected by the events in Georgia.
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» 26 November 2003
Gazprom has allocated 60 mn Rub for the construction of the Nyuksenitsa-Arkhangelsk gas pipeline.
more »

» 22 November 2003
The Ukrainian Parliament has voted not to ratify the integration of the Druzhba and Adria oil pipelines
more »

» 22 November 2003
PKN Orlen reported a net profit of 253 mn zloty in Q3 of 2003, an increase of 48.3% over the same period of 2002.
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» 22 November 2003
MOL reported an EBITDA of 123.9 bn forints in Q3 of 2003, 15% up on 2002.
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» 22 November 2003
Agip KCO may delay the Kashagan project by 18 months with an increasing scale of compensation to Kazakhstan.
more »

» 22 November 2003
KalmTEK wants to export 716,000 t/yr of oil through the CPC pipeline.
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» 21 November 2003
Gazprom plans to pay a dividend of $1 bn for 2003.
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» 21 November 2003
Gazprom and BOTAS have reached agreement on the delivery of Russian gas to Turkey.
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» 21 November 2003
Nine companies are to tender for the stake in Petrom, which is expected to cost $1 bn.
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» 21 November 2003
Russian companies are likely to lose all their contracts to develop oilfields in Iraq.
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» 21 November 2003
ConocoPhillips has carried out discussions with several Russian oil companies on joint projects.
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» 20 November 2003
The project by ChevronTexaco to develop the Apsheron block in the Caspian has been officially abandoned after only one well was drilled. Azerbaijan says that the block has substantial reserves of oil and gas, and the Americans drilled the well ...
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» 20 November 2003
Rosneft has started drilling an oil well in Algeria, the Takuazet East-1
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» 20 November 2003
Transnefteprodukt expects to transport 26.6 mn t of oil products in its pipelines this year, 1 mn t more than in 2002, and including 17.1 mn t to Russian consumers.
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» 20 November 2003
Lebapgazdobycha has produced 120,000 tons of condensate this year, 25,000 t more than in 2002, and 60,000 t of it was exported. The rest was refined at Seydi oil refinery.
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» 20 November 2003
Tatneft produced 6.22 mn t of oil in the third quarter of 2003.
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» 19 November 2003
Lukoil-Zapadnaya Sibir has bought a 40% stake in Nakhodkaneft from Novatek, and now owns 100% of the enterprise.
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» 19 November 2003
The rate of export duty will decline to $31.2/ton for crude and $28.1/ton for oil products on 1st december in Russia.
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» 19 November 2003
The Russian Ministry of Natural Resources is to explore the Davis Sea area of Antarctica for oil and gas.
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» 19 November 2003
Azerbaijan plans to double gas production to 10.4 BCM/yr by 2007.
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» 19 November 2003
Turkmenistan plans to produce 74 BCM of gas and 15 mn t of oil in 2004.
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» 18 November 2003
Lukoil is to receive the second tranche of a $765 mn syndicated credit before the end of November after the first $500 mn tranche was received in October.|
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» 18 November 2003
Gazprom made a net profit of 138.2 bn Rub in January-September.
more »

» 18 November 2003
Gazprom and the European Union have been discussing the prospects for a Eurasian market for gas.
more »

» 18 November 2003
The Minister of Economic Development German Gref says that the dual market for Gazprom shares will be abolished in 2004.
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» 18 November 2003
Russian companies are to build a hydro station in Angola.
more »

» 15 November 2003
Minister of Energy Igor Yusufov has met with the President of Kogaz to discuss the proposed gas pipeline from Kovykta to China and Korea.
more »

» 15 November 2003
The General Procurator has recovered a server belonging to YUKOS with 70,000 documents on it from Zhukovka near Moscow. The documents are now being studied.
more »

» 15 November 2003
There has been a substantial increase in the output of petrochemicals by the Tomsk Combine, which belongs to SIBUR.
more »

» 15 November 2003
The export of crude and products by Tuapse Oil Port fell 4.7% in January-October to 10.83 mn tons.
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» 15 November 2003
The cost of nuclear fuel is to rise by 12% in Russia in 2004.
more »

» 14 November 2003
Azerbaijan has exported 7.39 mn t of oil in January-October.
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» 14 November 2003
Gazprom has approved the business plan to 2010 by its Burgaz drilling subsidiary.
more »

» 14 November 2003
The Gazprom financial plan for 2004 foresees an income of 1,164 bn Rub and an expenditure of 1,397 bn. The attraction of new credits will cut the deficit to 43 bn Rub.
more »

» 14 November 2003
Russian railways have transported 212.3 mn t of coal in 10 months, 8.4% up on 2002.
more »

» 14 November 2003
The second set of 800 MW has come on-stream at Nizhnevartovsk Thermal Power Station in Western Siberia.
more »

» 13 November 2003
The General Procurator has ordered the investigation of YUKOS enterprises operating in Tyumen Province.
more »

» 13 November 2003
The Chinese oil company CNPC wants to set up joint ventures for the development of gasfields in the Eastern Siberia and Far East regions of Russia.
more »

» 13 November 2003
The EBRD has approved a credit of $310 mn for the Baku-Tbilisi-Ceyhan pipeline ($250 mn) and the Azeri-Chirag-Gyuneshli oilfields ($60 mn).
more »

» 13 November 2003
Rock Oil of Portugal have contracted to buy 140,000 tons of Azerbaijan oil from Novorossiisk during December 15-16.
more »

» 13 November 2003
The 1,150 kv power line from Ekibastuz to Chelyabinsk and from Ekibastuz to Barnaul has become operational for the first time since 1997.
more »

» 12 November 2003
Technip of Germany has started the construction of a diesel hydrofiner at the Turkmenbashi oil refinery in Turkmenistan.
more »

» 12 November 2003
The Russian Ministry of Energy has hosted a meeting of the Russian-South African Committee for Mineral resources and energy.
more »

» 12 November 2003
The EBRD has approved the allocation of a $250 mn credit to the Baku-Tbilisi-Ceyhan oil pipeline, the cost of which appears to have gone up from $2.95 bn to $3.6 bn.
more »

» 12 November 2003
Chirag oilfield produced 5.4 mn t of oil in January-October, slightly more than last year.
more »

» 12 November 2003
TAIF plans to complete the constructuion of a new catcracker at Nizhnekamsk by 2006. It will produce 530,000 t/yr of gasoline, 100,000 t/yr of diesel, and also butane/propane fractions to be used for the manufacture of polimers.
more »

» 11 November 2003
Zarit are to sign a PSA for the development of 4 blocks in the Turkmen sector of the Caspian Sea.
more »

» 11 November 2003
Kazakhstan produced 42.15 mn t of oil and condensate in January-October, 8.8% up on 2002.
more »

» 11 November 2003
Gazprom is to study the potential for delivering Turkmen gas to Poland.
more »

» 11 November 2003
Gazprom is considering the acquisition of Itera from its owners for $500 mn.
more »

» 11 November 2003
Lukoil and ConocoPhillips have been negotiating the creation of joint venture.
more »

» 07 November 2003
Russian Minister of Energy Igor Yusufov says that Gazprom can acquire new customers in Italy and increase its exports by 30%.
more »

» 07 November 2003
Russian refinery throughput rose 3.1% in the week ending 26th October to 3.617 mn t.
more »

» 07 November 2003
The World Bank has approved a $250 mn loan to the BTC Company for the Baku-Tbilisi-Ceyhan pipeline.
more »

» 07 November 2003
SOCAR exports of oil products have declined by 38% in January-October over the same period of 2002.
more »

» 07 November 2003
Russia expects to prove 500 BCM of gas up to A+B+C1 standard, 30 BCM less than produced, in 2003 and the same amount in 2004. This compares with 928 BCM in 2002.
more »

» 06 November 2003
SOCAR produced 6.7 mn t of oil in January-October. When fuel from Chirag is taken into account, 7.3 mn t of oil and 3.5 BCM of gas passed toi the State in January-October.
more »

» 06 November 2003
The installation of three units of 43.2 MW each at balkanabat Power Station has been completed in Turkmenistan.
more »

» 06 November 2003
ExxonMobil believe in the long term prospects for profitable work in Russia despite the Khodorkovskii affair.
more »

» 06 November 2003
Russia and 4 other Caspian states have reached agreement on a protocol for the preservation of the ecology of the Caspian.
more »

» 06 November 2003
The Russian nuclear company Rosenergoatom has drawn up a project for linking the Russian and Finnish electricity grids based on Leningrad Nuclear Station.
more »

» 05 November 2003
A new unit of capacity 123 MW has been installed at Abadan power station in Turkmenistan.
more »

» 05 November 2003
Semen Kukes has been appointed at President of YUKOS.
more »

» 05 November 2003
The capacity of the Baltic Pipeline System has been increasded from 18 to 30 mn t/yr.
more »

» 05 November 2003
President Putin has stated that he will not intervene in the Khodorkovskii affair for fear of contaminating the judicial process.
more »

» 05 November 2003
Lukoil has redeemed a 6-year bond for $350 mn.
more »

» 03 November 2003
Turkmenistan claims to have forecast reserves of 23,000 BCM of gas and expects to produce 2,500 BCM during 2004-2020, when output will have reached 240 BCM/yr. See Central Asia Energy Monthly.
more »

» 03 November 2003
Investment in the Azerbaijan oil industry rose 110% in January-September over the same period of 2002. See Caucasus Energy Monthly.
more »

» 03 November 2003
Kazakhstan plans to export 4.5 twh of power this year. See Kazakhstan Energy Monthly
more »

» 03 November 2003
Mikhail Khodorkovskii resigns as President of YUKOS. Shares rise 4.1% to 378 Rubs.
more »

» 03 November 2003
Russian nuclear stations generated 120 twh in January-September.
more »

» 01 November 2003
KazMunaiGaz say Total must pay 50% of total exploration costs if it wants a stake in the Kurmangazy project. See Kazakhstan Energy Monthly.
more »

» 01 November 2003
Azerbaijan and Georgia to sign contract on the Baku-Tbilisi-Erzerum gas pipeline.
more »

» 01 November 2003
Some of the confiscated YUKOS shares have been handed back to their owners. Prime Minister Kasyanov expresses misgivings about the Khodortkovskii affair.
more »

» 01 November 2003
Surgutneftegaz has been awarded a one-year licence to work the Talakan field in Yakutiya.
more »

» 01 November 2003
Gazprom pipeline system is fully preparerd for the winter. In January-September, Gazprom repaired 85 gas treatment plants, 54 head compressor stations and 411 wells. It produced 395.6 BCM of gas, 15.7 BCM more than in 2002, and 8.1 mn t ...
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» 31 October 2003
Uzbekneftegaz is to be restructured prior to the sale of a 49% stake to a strategic foreign investor. See Central Asia Energy Monthly.
more »

» 31 October 2003
The production of gas and condensate declined by 1.8% and 11.9% while oil production rose by 7.6% in Uzbekistan during january-September.
more »

» 31 October 2003
The shareholdings of Mikhail Khodorkovskii have been frozen by the General Procurator as YUKOS announces a 59.9 bn Rub dividend payout.
more »

» 31 October 2003
Azerbaijan exported 1.38 mn t of oil products and 5.32 mn t of crude oil in January-September. See Caucasus Energy Monthly.
more »

» 31 October 2003
The Ministries of Natural Resources and Economic development have agreed to auction licences for major oilfieldfs next year including Talakan-Chatanda and Taas-Yuryakh.
more »

» 30 October 2003
The Head of the Russian Presidential Administration Aleksandr Voloshin could leave the Kremlin as a consequence of the YUKOS situation.
more »

» 30 October 2003
The Kazakh Government says that it will insist on Agip KCO meeting its obligations at the Kashagan field and begin oil production in 2005.
more »

» 30 October 2003
Uzbek electricity production declined 1.7% in 9 months.
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» 30 October 2003
Statoil is to extend a credit of $170 mn to the BTC Company for the baku-Ceyhan oil pipeline. A group of 30 banks are to commit $1.6 bn to the pipeline at a ceremony in London on 15th December.
more »

» 30 October 2003
Russia produced 311 mn t of oil in 9 months, exported 134 mn t, sent 28 mn t to CIS states and sent 141 mn t to refineries.
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» 29 October 2003
Gazprom expects to transport 45 BCM of Turkmen gas along the Central Asia-Centre corridor in 2004.
more »

» 29 October 2003
Trafigura has won a tender for a load of 140,000 tons of Caspian oil to be sold by SOCAR from Novorossiisk . It will be shipped during November 25-30.
more »

» 29 October 2003
The EU is to pay for the renovation of the Tatev Hydro Plant in Armenia.
more »

» 29 October 2003
Kazakhstan is ready to export oil through the Odessa-Brody pipeline.
more »

» 29 October 2003
Azerbaijan has pumped 560 MCM of gas into its underground gas storage reservoirs.
more »

» 28 October 2003
YUKOS President Mikhail Khodorkovskii has been imprisoned in Matrosskaya Tishina on charges of fraud and tax evasion. many observers believe that the charges are political.
more »

» 28 October 2003
Lukoil has attracted a syndicated credit of $750 mn from Western banks.
more »

» 28 October 2003
Transnefteprodukt has chosen sub-contractors for the construction of a new oil product pipeline in Tatarstan.
more »

» 28 October 2003
Lentransgaz has completed the pumping of gas into the Leningrad and Neva underground gas storage reservoirs.
more »

» 28 October 2003
Turkmenistan could export 4,000 BCM of gas to Ukraine during 2007-2032 according to President Niyazov.
more »

» 25 October 2003
The installation of a lubricant plant has been completed by Edeleanu at Turkmenbashi Oil Refinery, and the reconstruction of the UZK-3 coking plant has been completed.
more »

» 25 October 2003
A 8 BCM/yr compressor station has been completed at Shurtan gasfield at a cost of $195 mn.
more »

» 25 October 2003
Kyrgyzstan produced 9 twh of electricity in January-September of which 1.1 twh was exported.
more »

» 25 October 2003
Gazprom plans to increase the capacity of the Central Asia-Centre gas pipeline from 40 to 50 BCM/yr in 2004.
more »

» 23 October 2003
Russian Prime Minister Kasyanov says that Russian oil companies wants to buy the Skopje oil refinery in Macedonia and open a network of filling stations.
more »

» 23 October 2003
Kazatomprom wants to invest $53 mn in the renovation of the Mangistau Nuclear Power Station.
more »

» 23 October 2003

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» 23 October 2003
The Kazakhs want China to pay 80% of the cost of construction of the Kazakhstan-China oil pipeline.
more »

» 23 October 2003
The Russian Ministry of Natural Resources is to examine whether YUKOS has fulfilled the licence obligations for some of its oilfields.
more »

» 23 October 2003
The Megionneftegaz subsidiary of Slavneft is to obtain a loan of 1,325 mn Rub.
more »

» 22 October 2003
Onshore oil production by Azerbaijan rose 13.4% in January-September over the same period of 2002 to 638,000 tons.
more »

» 22 October 2003
Glencore has won the tender to buy 140,000 tons of SOCAR oil in November.
more »

» 22 October 2003
CNPC has acquired 100% ownership of the Severo Buzachi oilfield in Kazakhstan.
more »

» 22 October 2003
Turkmengaz has bought 4 Chinese drilling rigs for $50 mn.
more »

» 22 October 2003
EuroPolgaz has drawn up a programme for the completion of the Yamal-Germany gas pipeline section in Poland.
more »

» 21 October 2003
A consortium of Energomasheksport, Silovye Mashiny and Siemens has won a contract to renovate 12 turbines at the Aswan High dam in Egypt.
more »

» 21 October 2003
YUKOS earned a revenue of $7,723 mn in the 1st half of 2003 ($4,571 mn in the same period of 2002), and made a profit of $2,222 mn ($1,220 mn)
more »

» 21 October 2003
YUKOS spent $855 mn on capital investment in the 1st half of 2003 compared with $575 mn in the same period of 2002.
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» 21 October 2003
Transnefteprodukt is to complete the Andreyevka-Cherkassy-Subkhankulovo-Almetyevsk oil product pipeline and join it to the Almetyevsk-Kstovo line so that it can feed the planned Kstovo-Yaroslavl-Kirishi-Primorsk pipeline to export oil products.
more »

» 21 October 2003
The Nortgaz, Rospan and SIBUR independent gas producers have been told by Gazprom that they will not be able to transport gas through the gazprom pipeline network as from 20th October. Novatek have had their permitted volume cut by half.
more »

» 18 October 2003
SIBUR output in 9 months valued at 43.787 bn Rub compared with 16.196 in same period of 2002. Includes 396,000 t of monomers, 253,000 t of polymers, 374,000 t of rubber.
more »

» 18 October 2003
Knutsen OAS Shipping gives Gazprom proposals for CNG tankers.
more »

» 18 October 2003
Ministry of Natural Resources presents strategy for development of matrine oil and gas fields.
more »

» 18 October 2003
BP claims an increase in the size of its Russian oil reserves.
more »

» 18 October 2003
Gazprom records a 55.97 bn Rub net profit in the 1st quarter of 2003.
more »

» 17 October 2003
PetroKazakhstan (formerly Hurricane Kumkol) has been ordered to pay the Kazakh Government $6.4 mn of allegedly illegal monopoly profits.
more »

» 17 October 2003
Joint ventures set up by Azneft of Azerbaijan produced 607,700 t of oil and 52.2 MCM of gas in January-September.
more »

» 17 October 2003
Lukoil expects to increase its oil exports to 64 mn t this year from an output of 80 mn t of oil.
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» 17 October 2003
Transneft expecxts to receive permission to build the Angarsk-Nakhodka oil pipeline with a branch to Daxin.
more »

» 17 October 2003
The Russian Government will award tax concessions for the export of oil to China by railway.
more »

» 16 October 2003
Azneft of Azerbaijan increased its drilling footage by 35.3% in January September over the same period of 2002.
more »

» 16 October 2003
CNPC says that it is more interested in the completion of the pipeline from Kazakhstan to China that that from Angarsk to Daxin.
more »

» 16 October 2003
Afghanistan is to increase imports of electricity from Turkmenistan.
more »

» 16 October 2003
Czech companies are aiming to buy stakes in Bulgarian energy companies when they are privatised.
more »

» 16 October 2003
The Czech republic is to privatise the Sokolov and Most brown coalfields.
more »

» 15 October 2003
Ignalina Nuclear Station produced 11.20 twh in January-September compared with 10.31 twh in 2002.
more »

» 15 October 2003
Turkmenistan plans to increase the effective capacity of the Central Asia-centre pipeline system from the current 40-50 BCM/yr to 100 BCM/yr by the end of next year.
more »

» 15 October 2003
Turkmenistan is to export electricity to Turkey via Iran. More details in Central Asia Energy Monthly.
more »

» 15 October 2003
Azerneftyag oil refinery of Baku exported 648,300 tons of oil products in January-September. More details in Caucasus Energy Monthly.
more »

» 15 October 2003
Russia and Kazakhstan have been considering the renovation of the Omsk-Turkmenabat oil pipeline. See Kazakhstan Energy Monthly.
more »

» 14 October 2003
Russian Minister of Energy Igor Yusufov says that the decision to build the oil pipeline to Murmansk, of capacity 80-120 mn t/yr, will be taken simultaneously with the decision to build the pipeline from Angarsk to Nakhodka and Daxin.
more »

» 14 October 2003
Lukoil President Alekperov has met Kazakh President Nazarbayev in Astana and told him that the company has invested $1.5 bn so far in the republic.
more »

» 14 October 2003
Slavneft has produced 23.13 mn t of oil in January-September, 21.6% up on 2002.
more »

» 14 October 2003
Russia is planning to sell its oil for Euros rather than dollars.
more »

» 10 October 2003
The Russian Government has repeated its opposition to the construction of a pipeline across the Caspian Sea.
more »

» 10 October 2003
Gazeksport and Bulgargaz have signed a contract for the delivery of Russian gas to Bulgaria in 2004.
more »

» 10 October 2003
The YeES electricity utility has signed a cooperation agreement with E.ON of Germany.
more »

» 10 October 2003
Russia exported 126.55 BCM of gas in January-August, 4.6% more than in the same period of 2002. This included 94.6 BCM to foreign countries fpr $11.9 bn and 31.95 BCM to CIS states for $1.45 bn.
more »

» 10 October 2003
YeES has listed the new power station which it expects to see completed in the near future.
more »

» 08 October 2003
A new gas pipeline has been built between Ukhta and Voivozh in the Komi Republic.
more »

» 08 October 2003
Aleksandr Ryazanov has been appointed by gazprom to coordinate its work with the states of Central Asia. A.Chuprygin has been made Head of the Gazprom office in Ashkhabad.
more »

» 08 October 2003
Surgutneftegaz produced 39.907 mn t of oil in 9 months of 2003, 10% up on the same period of 2002. Drilling rose 4% to 2.309 mn metres.
more »

» 08 October 2003
Azerbaijan expects to export 50 mn t/yr by 2009 according to SOCAR President natig Aliev.
more »

» 08 October 2003
The recent credit extended to YUKOS by a consortium of Western banks was for $1.6 bn, not the $1 bn initially announced.
more »

» 08 October 2003
Neftegazstroi-Vostok has won the tender to build the Subkhankulovo-Almetyevsk oil product pipeline.
more »

» 08 October 2003
The No.3 reactor at Kalinin Nuclear Station will start up next year and produce 2 twh in 2004.
more »

» 08 October 2003
From $4.4 bn in the 3 years 2003-2005, investment in the Kazakhstan oil and gas exploration and production sector will rise to $13.5 bn in 2013-2015.
more »

» 08 October 2003
Kazakhstan is to build the North-South power line over 1,163 kms at a cost of $273 mn.
more »

» 08 October 2003
Azerbaijan is to build two new gas turbine power stations of 400 MW each at Shuvelan and Sumgait.
more »

» 07 October 2003
Gazprom is to improve the transit of Kazakh gas across Russia.
more »

» 07 October 2003
TVEL is to help develop the Zarechnoye uranium mine in Kazakhstan.
more »

» 07 October 2003
Gazprom is to develop a new generation of gas turbine with a conversion rating of 42-46%.
more »

» 07 October 2003
The commissioning of a new railway terminal will allow RITEK to increase its oil exports to 400,000 t/yr.
more »

» 07 October 2003
Lukoil has completed the creation of the Lukoil-Ukraina Holding Company.
more »

» 03 October 2003
SOCAR is to complete the construction of a new platform, the N-13, at Gyuneshli in early 2004.
more »

» 03 October 2003
Russia produced 453.15 BCM of gas in January-September compared with 434.65 BCM in 2002.
more »

» 03 October 2003
Transnefteprodukt is to hold a tender to choose the builder of its oil product terminal at Primorsk in early 2004. The terminal will serve the Kstovo-Yaroslavl-Kirishi-Primorsk product pipeline.
more »

» 03 October 2003
TNK-BP plans to increase the output of oil in Saratov Province by 10 mn t/yr during the next 10 years.
more »

» 02 October 2003
Lukoil has opened a 1 mn t/yr terminal for the export of oil and oil products at Ilinka in Arkhangelsk Province.
more »

» 02 October 2003
gazprom can sell gas to Belarus at internal prices rather than the threatened $80/TCM if Belarus agrees to certain conditions.
more »

» 02 October 2003
Gazprom President Miller has held discussions with the Iranian Ambassador on further participation in the South Pars project.
more »

» 02 October 2003
Russian production of nuclear power rose by 8.9% in January-August
more »

» 02 October 2003
Turkmenistan refining capacity to reach 32 mn t/yr by 2020.
more »

» 01 October 2003
Georgia wants to invite Uzbekistan to participate in the construction of the Baku-Tbilisi-Erzerum gas pipeline.
more »

» 01 October 2003
Vostokgazprom is to start producing methane gas from the Kuzbass coalfield.
more »

» 01 October 2003
Itera has signed a contract to supply Belarus with 7.5 BCM of gas next year after 6.3 BCM this year.
more »

» 01 October 2003
Lukoil is to join the project to develop the Anaran oilfield in Iran.
more »

» 01 October 2003
Russia has signed a new contract to supply Slovenia with nuclear fuel.
more »

» 27 September 2003
Surgutneftegaz plans to produce 60 mn t of oil in 2004 and, with only one refinery at Kirishi, urgently needs to acquire new refining capacity. It wants to buy Mozyr from Slavneft.
more »

» 27 September 2003
Lukoil has won the tender to buy a 79.5% stake in Beopetrol of belgrade.
more »

» 27 September 2003
KazRosGaz is to take responsibility for upgrading the Central Asia-Centre pipeline system in Kazakhstan and build a new pipeline. It will assist the installation of 15 BCM/yr of new capacity at Orenburg gas plant.
more »

» 27 September 2003
The planned reconstruction of two pipelines will allow Western Siberia to increase oil production by a further 8 mn t/yr.
more »

» 27 September 2003
Shell gets another warning that it could lose its licence for the Salym Group.
more »

» 26 September 2003
Surgutneftegaz has signed a contract to send SIBUR 1.514 mn t of gas liquids over the 4 years 2004-2007.
more »

» 26 September 2003
Zapsibgazprom has drawn up a business plan for the period 2004-2006.
more »

» 26 September 2003
Thew US Trade Secretary has assured Gazprom that he wants to create favourable conditions for the import of Russian LNG.
more »

» 26 September 2003
Russia is prepared to give China a credit for the construction of the second stage of the Tianwan nuclear station.
more »

» 26 September 2003
A consortium of Western banks has extended a creditr of $1 bn of YUKOS.
more »

» 24 September 2003
The Russian Ministry of Nuclear Power says that it will have completed the documentation fot the delivery of nuclear fuel to the Bushehr Nuclear Satation in Iran within the next month.
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» 24 September 2003
Russia is to import nuclear fuel from a closed nuclear research establishment in Pitesti, Romania.
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» 24 September 2003
Gazprom wants to offer Shell a stake in a number of gas projects in return for part of the Shell stake in Sakhalin-2.
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» 24 September 2003
A conference on regional energy security in Central Asia has opened in Tashkent.
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» 24 September 2003
Azerbaijan expects to maintain the level of electricity imports from Russia at the 2003 level in 2004, ie 1.5 twh/yr.
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» 23 September 2003
ExxonMobil are to begin drilling the first exploration well at the Zafar-Mashal block in the Azerbaijan sector of the Caspian.
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» 23 September 2003
BP are prepared to extend a credit of $500 mn for the construction of the Baku-Tbilisi-Ceyhan pipeline.
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» 23 September 2003
Lukoil is to borrow $225 mn to finance the completion of the Vysotsk oil product terminal.
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» 23 September 2003
YUKOS have argued against differentiated royalty rates.
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» 23 September 2003
Gazprom want to set up a JV with the USA for the liquifaction and transport to the USA of LNG.
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» 19 September 2003
Azneft has completed 38 oil, gas and exploration wells in january-August.
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» 19 September 2003
Hungarian MOL has confirmed its wish to buy Petrom of Romania.
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» 19 September 2003
Baku seaport has handled 1,911,000 tons of oil in January-August, including 595,000 from Kazakhstan, 1,269,000 from Turkmenistan, 34,000 from Azerbaijan and (for the first time) 13,000 tons of Russian oil.
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» 19 September 2003
The Kazakh Prime Minister has complained about the decision of Agip to postpone the commissioning of Kashagan to the end of 2007. The 2005 target is not possible, but KazMunaiGaz has suggested the end of 2006.
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» 19 September 2003
SOCAR has stated that, apart from a possible credit from EBRD, it will be able to finance its share of the project to develop the Shakh Deniz gasfield.
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» 18 September 2003
Gazprom have been holding discussions with Shell on the prospects for cooperation. Shell have promised to invest $1 bn in the development of the Salym Group of oilfields.
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» 18 September 2003
Gazprom has approved the investment phase of a project for the creation of a new gas transport consortium in the Ukraine. It will build a new gas pipeline of 1,496 kms with 20 compressor stations.
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» 18 September 2003
Following its purchase of Telasi in Georgia, YeES wants to buy more power systems in the CIS.
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» 18 September 2003
Ukrainian Chernomorneftegaz is to join Russian company to develop new Black Sea oilfields.
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» 18 September 2003
Lukoil is hoping to build a new 9 mn t/yr oil refinery in Moscow Province.
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» 17 September 2003
The Russian Ministry of Natural Resources is to offer 44 offshore blocks for tender by 2020. They cover an area of 315,000 sq kms.
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» 17 September 2003
The price of Russian gasoline rose by 9-11% during the week ending 16th September.
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» 17 September 2003
Shell say they are prepared to invest $1 bn in the Salym project, but fear that their licence will be revoked by the Ministry of Natural Resources.
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» 17 September 2003
The right of Volgatanker to transport oil products in the Onega Strats of the White Sea has been revoked.
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» 17 September 2003
The Ministry of Natural Resources is considering changes to the Law On Natural Resources.
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» 15 September 2003
Officials from Gazprom and BASF have met to discuss joint projects at Urengoi gasfield and at Block-1 in the Turkmen sector of the Caspian.
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» 15 September 2003
Russia had produced 100 twh of nuclear power by 15th September. The annual target has been extended to 147.7 twh.
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» 15 September 2003
Despite reports that it has been thrown off the West-East pipeline project by the Chinese because of delays to the Angarsk-Daxin pipeline, Gazprom say they are still involved in the project.
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» 15 September 2003
Turkmenistan and Ukraine have signed a 25-year gas supply contract.
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» 15 September 2003
Work on the expansion of the Sangachaly terminal is now 60% complete.
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» 12 September 2003
YeES continues to build up fuel stocks above plan despite big price increases this year of 37% for fuel oil, 26% for gas and 9% for coal.
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» 12 September 2003
Lukoils work at its licence blocks in Volgograd being scrutinised.
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» 12 September 2003
gazprom has published its gas marketing plan for Q3
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» 12 September 2003
Russian and japanese officials are studying the plan for the Angarsk-Nakhodka oil pipeline.
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» 12 September 2003
The Finland Government wants Russia to observe the recommendations of the European Union on the marine transportation of oil.
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» 12 September 2003
The IFC and EBRD have concluded their hearings on the construction of the Baku-Tbilisi-Ceyhan pipeline and will extend credits of up to $600 mn to help finance it.
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» 12 September 2003
Exploration drilling in Turkmenistan rose 14.3% in 2002 to 205,000 metres. See Central Asia Energy Monthly for full report.
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» 12 September 2003
Kazakhstan electricity production rose 10% in January-August to 32.397 twh.
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» 12 September 2003
Kazakhstans oil exports rose 13% in january-July.
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» 11 September 2003
Russian Ministry of Nuclear Power and Paks Nuclear Station of Hungary expect to sign a contract on the delivery of nuclear waste to Russia before the end of this year.
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» 11 September 2003
Gazprom has held discussions with ConocoPhillips on the delivery of LNG to the USA.
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» 11 September 2003
Igor Yusufov has discussed the work of Lukoil and Rosneft in Colombia with the President of Ecopetrol.
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» 11 September 2003
Mikhail Kasyanov says that Russian enterprises are likely to participate in the renovation of paks Nuclear Station in Hungary.
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» 11 September 2003
a Gazprom delegation has completed a visit to the USA where it discussed cooperation with American oil companies.
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» 09 September 2003
Russian GDP rose by 6.9% during the first 8 months of this year.
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» 09 September 2003
Surgutneftegaz produced 35.37 mn t of oil in 8 months, 10% up on the same period of 2002.