Gazprom

Russia's Gas Monopoly Gazprom Headquarters

The gusher of liquefied natural gas ready to set sail on the world market in the next five years creates challenges for traditional gas suppliers, Russia’s Gazprom among them. State-owned Gazprom is Europe’s biggest natural gas supplier, and it has turned east to China in recent years for new growth and a rival market to… Keep reading →

Australian Prime Minister Addresses Joint Meeting Of Congress

Democrats and Republicans on a House panel are debating over energy spending levels for domestic agencies, clean water rules and guns on federal lands, implementing more than $1 trillion worth of spending bills..”The House Appropriations Committee has approved a $35 billion energy and water projects measure and a $77 billion bill funding the Department of… Keep reading →

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Western economic sanctions against Russian oil and energy interests are steadily playing out, this time affecting French oil major Total S.A.’s ability to finance part of the $27 billion Yamal liquefied natural gas (LNG) project in the Russian Arctic. Reports broke toward the end of last week that Total will seek as much as $15… Keep reading →

Russian Gas Supplies Through Ukraine Turned Off

The Ukrainian state-controlled natural gas company Naftogaz has its work set out for it as the Soviet vestige seeks to cut reliance on Russia’s Gazprom. “Ukraine has one of the most important transit pipelines for Russian gas exports to the rest of Europe. Fifteen percent of the EU’s imported gas flows through Ukraine. At the same time,… Keep reading →

OPAL Pipeline To Connect To Baltic Sea

 News broke Monday that Gazprom would no longer move forward with the South Stream pipeline project due to European opposition. Russian President Putin made the announcement after meeting with Turkish President Recep Tayyip Erdogan and Putin said the two countries would cooperate on the possibility of creating a gas trading hub on the Turkish-Greek border.… Keep reading →

EU, Ukraine And Russia Continue Negotiations Over Natural Gas Shipments

Natural gas supply negotiations between Russia’s Gazprom and Ukraine’s Nagtogaz appear to be inching closer to a deal. In fact, the two sides have agreed on a price of $385 per thousand cubic meters, but payment details now appear to be a sticking point. “If the Ukrainians have the money, then the documents will be signed. If not,… Keep reading →

Central Utah Anchors State's Coal Mining Industry

If addressing climate change is as urgent as most evidence suggests then carbon capture and storage needs to be part of the solution. This is the thrust of a new book on the subject and a new animation helps depict global climate change in a manner that most people can grasp. “With an eye on… Keep reading →

A general view shows the Saudi Aramco oi

Analysts at investment bank Credit Suisse cut their 2015 benchmark global oil price expectations in the face of bearish fundamentals, forecasting Brent to average $97 per barrel and WTI to average $89/bbl. All eyes are on Saudi Arabian exports, which are currently at the lower end of the historical spectrum and could decrease further when… Keep reading →

Europe Fears Cuts In Natural Gas From Russia

In an overt admission that western-led sanctions agasint Russia’s energy sector are impacting offshore resource development, the country’s top state-controlled oil & gas enterprises are pushing for legislative changes meant to entice western companies – and their technology – into the sector. The proposed subsoil legislation modifications would apparently allow foreign companies to take expanded… Keep reading →

Oil Boom Shifts The Landscape Of Rural North Dakota

Continental Resources, one of the largest Bakken Shale producers, announced some good and bad news to investors yesterday – a new oil discovery (good) but increased capital expenditure guidance (bad). The company announced a new oil discovery in the South-Central Oklahoma Oil Province (SCOOP) where it also said “net unrisked resource potential has increased to… Keep reading →

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