Swedish oil company optimistic after major Caspian discovery Novosti | MOSCOW, July 9 (RIA Novosti) - A Swedish oil company announced it has made a major oil discovery in Russia's north Caspian Sea, Lundin Petroleum AB said in a news release. | | The discovery was made during exploratory drilling on the Morskaya-1 well on the Lagansky block close to a rece...
Rising oil prices don't cloud outlook for demand International Herald Tribune | : World demand for oil should continue to climb, despite the doubling of oil prices and weakening economic growth, according to a report released Tuesday by the International Energy Agency. | That should mean tightening supplies, decreasing the odds that drivers will get much relief at the gasolin...
Russia Alfa to borrow $3 bln, eyes takeovers, IPO The Guardian MOSCOW, July 14 (Reuters) - Alfa Bank, Russia's largest private bank, will beef up its portfolio through borrowing some $3 billion abroad this year for acquisitions before considering an initial public offering (IPO), its president said on Monday. "W...
Russia could bid for Omani stake in Caspian link Gulf News | Arkhangelsk: Russia is considering making an offer to buy Oman's seven per cent stake in the Caspian Pipeline Consortium (CPC) should the Middle Eastern state decide to sell out, Deputy Prime Minister Igor Sechin said on Friday. | Asked whether Rus...
Swedish oil company optimistic after major Caspian discovery Novosti | MOSCOW, July 9 (RIA Novosti) - A Swedish oil company announced it has made a major oil discovery in Russia's north Caspian Sea, Lundin Petroleum AB said in a news release. | | The discovery was made during exploratory drilling on the Mor...
Europe must end energy dependence on Russia: ex-IEA chief Turkish Press | Former head of the International Energy Agency, Claude Mandil has told EU ministers that the European Union should free itself from its dependence on Russian gas by developing renewable and nuclear energy. | (AFP) | The European Union should free i...
Azerbaijan pledges support for Ukrainian pipeline project Turkish Press | BATUMI - Azerbaijani President Ilham Aliyev pledged support on Tuesday for a Ukrainian pipeline project to ship Caspian Sea oil to Europe. | Speaking after a meeting with Georgian President Mikheil Saakashvili and Ukrainian President Viktor Yushche...
Rising oil prices don't cloud outlook for demand International Herald Tribune | : World demand for oil should continue to climb, despite the doubling of oil prices and weakening economic growth, according to a report released Tuesday by the International Energy Agency. | That should mean tightening supplies, decreasing the odd...
Oil steady in Asia after sharp drop Houston Chronicle TOOLS | SINGAPORE - Oil prices steadied in Asia Thursday after falling sharply in the previous session on a report that showed U.S. stockpiles of oil and fuel were larger than expected. | Light, sweet crude for August delivery was down 20 cents to $1...
Oil steady in Asia after sharp drop Examiner SINGAPORE (Map, News) - Oil prices steadied in Asia Thursday after falling sharply in the previous session on a report that showed U.S. stockpiles of oil and fuel were larger than expected. | Light, sweet crude for August delivery was down 20 cents t...
Report predicts eventual drop in oil prices The Boston Globe | NEW YORK - Oil prices will fall to $70 a barrel by 2015 as new production begins in countries such as Azerbaijan, Canada, Brazil, and Kazakhstan, the US Energy Department said. | The price of oil, which closed at $134.55 a barrel yesterday, will "e...
