Russia at Oil Change

Archive for the 'Russia' Category

Russia “Claims” Oil-Rich North Pole

1 Comment Published by Andy Rowell August 3rd, 2007 in Arctic oil, Russia, melting Arctic

Russia has sparked an Arctic oil-rush by planting its flag on the ocean floor under the North Pole in a politically charged symbolic gesture to claim the rights to the sea bed which could be rich in oil and gas.
In a dramatic technical feat testing international law, the Russians dispatched two mini-submarines 2.5 miles to […]

Pay Up or We Cut Your Gas

0 Comments Published by Andy Rowell August 2nd, 2007 in Gas, Russia

Russia’s Gazprom gas monopoly has threatened to halve supplies to Belarus tomorrow in a payment dispute that could disrupt deliveries to western Europe.
Moscow said yesterday it would cut by 45% supplies flowing to its neighbour through export pipelines - which also carry gas to Germany, Poland and Ukraine - if Minsk did not pay debts […]

Gazprom and Eni Propose €10bn Pipeline

0 Comments Published by Andy Rowell June 25th, 2007 in Russia, gas pipelines

The Russian state-controlled gas company, Gazprom and Italian energy group, ENI, are proposing a €10bn-plus pipeline to bring Russian gas to Europe in a move that will reignite concerns about the European Union’s dependence on Russian supplies.
With the backing of both Russian and Italian governments, the companies signed a memorandum of understanding at the weekend […]