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Future Mineral Exploration and Mine Industry in Russia During a Global Crisis
Russia auctioned its biggest mining company a decade ago when it was strapped for cash. It’s using the global credit crisis to regain control of OAO GMK Norilsk Nickel as economic turmoil forces U.S. and European governments to bail out their own corporations.
Mining Exploration Technology Exhibition, Industry experts attend workshop on ‘sour’ gas
SHELL has brought together national oil companies, major resource holders and academia from countries including Qatar, Oman, the United Arab Emirates, Saudi Arabia, Kuwait, Iran and Russia to share expertise on “sour” gas and carbonate reservoirs.
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 Seeks More Gas Assets Via Venture
TNK-BP is seeking access to some of state-run Gazprom’s onshore gas fields and a plant to liquefy natural gas on the Baltic Sea for a $3 billion venture the companies plan to set up next year.
The British-Russian company will offer Rospan International, which will be its only natural gas project in Russia after selling the [...]
IEA Warns on Oil Demand, Delays, Urges OPEC to Act
There is the real prospect of a world oil supply deficit this year due to higher-than-forecast demand, rising project delays and a reluctance by the Organization of Petroleum Exporting Countries to ship more crude over the summer, the International Energy Agency warned Tuesday.
The energy security watchdog for the Organization for Economic Cooperation and Development also [...]
KCA DEUTAG’s HR-5000 rigs commence drilling in Russia for TNK-BP
KCA DEUTAG has recently commenced operations for TNK-BP in the Demianskiy field in Western Siberia, under an operating and maintenance contract effective to 2011, with three HR-5000 drilling rigs, while a fourth HR-5000 rig is scheduled to commence operations in July 2007.
The design, manufacture and mobilisation of all four rigs within 18 months of contract [...]
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 [...]
BP to lose 20 bn dlr oil field amid Russian crackdown
BP’s Russian venture TNK-BP is likely to lose its licence for the $20-illion Kovykta gas field although Moscow could prefer to postpone the tough action until after the G8 Summit and its landmark economic forum. A natural resources ministry commission should annul BP’s permit for the $18 billion Kovykta field at its meeting on [...]
