Industry Developments

Turkmenistan's newly appointed oil and gas minister Annaguly Deryaev has announced that the country's total gas output for 2008 is now estimated at 50bn cubic metres (bcm), significantly... 2008-11-21

The Ukrainian government has issued a second resolution confirming its unilateral withdrawal from a production sharing agreement (PSA) with US explorer

Russian gas export monopoly Gazprom has said it is considering US majors ExxonMobil and ConocoPhillips as potential partners in its giant Yamal liquefied natural gas (LNG) development... 2008-11-19

Russia's state-controlled Gazprom has announced that it will build a gas pipeline directly to South Ossetia, a breakaway region within neighbouring Georgia, according to Reuters.... 2008-11-18

Russia's Prime Minister Vladimir Putin has warned that if Europe keeps delaying the construction of the Nord Stream gas pipeline, Russia may scrap the project and instead build liquefied... 2008-11-13

Following Russia's Federal Antimonopoly Service's (FAS) decision on November 7 to approve India's state-run Oil and Natural Gas Corporation's (ONGC) bid to buy UK-listed Imperial... 2008-11-10

The government of Kazakhstan is considering cutting crude oil export tariffs by 34% in a move to boost the profit margins of domestic producers. Energy minister Sauat Mynbayev told... 2008-11-10

Croatia's government has postponed talks with Hungary's MOL over a possible asset swap or sale of part of the government's stake in Croatia's INA.

Kazakhstan and the Agip KCO consortium developing the Kashagan oil field have reached a final agreement on the future of the project, finally putting an end to a stand-off that... 2008-10-31

British explorer Melrose Resources has announced a gas discovery in the shallow waters of the Black Sea offshore Bulgaria.