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Mining Exploration Investment, Trade and Market Analysist


Now, all coutry confuse about oil price, very higher oil price in every trade and market. Fluctuation oil price on market will effect to every economic and industry sector. Bellow the analysist from the head of BP, about mining exploration investment and trade-market condition.
The world is not running out of oil and can continue to [...]

Oil and Gas Production Export in Rusia, Russia will do balance of export


President Vladimir Putin said, Rusian possibly will increase product oil and gas. But doesn’t mean rusia will base on eskpor oil and gas. Russia will do balance of export with increase export at source of other economicses, besides oil export and gas.
What had prompted a response that should reassure Russia’s Western customers, at least in [...]

TNK-BP boosts Uvat investment amid Kovykta threat


BP’s Russian venture will double investment in its giant West Siberian Uvat oil project next year, the company said on Monday as it faced the risk of losing another major licence, the Kovykta gas field.
The company, TNK-BP, will invest $1.5 billion (754 million pounds) in the Uvat project next year, up from $760 million [...]

Iran and Russia Learn to Dance the Natural Gas Contango


(Contango-a trading term whereby the future price of a commodity is quoted higher than the price for current delivery)
What’s worse than one bully? A mafioso of them. And if Iran’s Supreme Leader Ayatollah Ali Khamenei has his way, the world’s largest natural gas producers might try to form such a mafia to manipulate markets and [...]

Petro-Power and the Nuclear Renaissance


With global demand for energy constantly rising and supplies contracting (or at least failing to keep pace), the world is being ever more sharply divided into two classes of nations: the energy haves and have-nots, says Michael Klare.
Not “Islamo-fascism” but “Energo-fascism” — the heavily militarized global struggle over diminishing supplies of energy — will dominate [...]

Russia-Belarus Gas Row May Harmonize EU Energy Policy (Update1)


A dispute between Belarus and OAO Gazprom that threatens to interrupt gas supplies to the European Union next week may lead to a more integrated EU energy policy and greater diversification of energy sources.
Gazprom changed a June demand that Belarus pays four times more for its gas next year into a request this week that [...]

Russia defends its gas honor


This year has been the most eventful for Russia’s energy policies since the break-up of the Soviet Union.
Moscow has convinced everyone that the many years of subsidized gas prices for neighboring economies are becoming a thing of the past and that it is firmly determined to defend the position of its energy industry on the [...]

Putin: Asia to get 30 pct of Russian oil, gas -FT


Asia’s share of Russian oil and gas exports will increase tenfold in the next 10 or 15 years, President Vladimir Putin told foreign academics and journalists on Saturday, according to a transcript in the Financial Times.
“As for energy, today only 3 percent of our exports are accounted for by Asian countries. But in 10-15 years [...]

Gas supplies to dominate Ukraine energy minister’s Russia visit


Ukraine’s fuel and energy minister will focus on the complicated issue of natural gas supplies during a visit to Russia on August 22.
Yuriy Boiko made his first visit to Russia as the fuel and energy minister August 9. In mid-August, Ukraine’s Prime Minister Viktor Yanukovych instructed him to draft proposals on stable natural gas supplies [...]