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UAE Dolphin Awards Gas Pipeline To Russias Stroytransgaz

UAE Dolphin Awards Gas Pipeline To Russia's Stroytransgaz

The Abu Dhabi-based Dolphin Energy Ltd. said Tuesday it has awarded Russia's Stroytransgaz PJSC a $418 million contract to build the Taweelah-Fujairah natural gas pipeline that will feed a new power and desalination plant.

Russian Morskaya 1 Test Flows At 2,500 B/D

Russian Morskaya 1 Test Flows At 2,500 B/D

Sweden's Lundin Petroleum AB (LUPE.SK) said Monday its Morskaya-1 exploration well in Russia's Lagansky block has tested at a flow rate of 2,500 barrels of oil a day.

Iran Says Discovers 525 Mln Barrel Oil Field

Iran Says Discovers 525 Mln Barrel Oil Field

Iran has announced the discovery of a new oil field with in-place reserves of around 525 million barrels, the English-language PressTV Web site reports, citing Oil Minister Gholam Hossein Nozari.

Iran Refinery Capacity To Reach 3.3M B/D By March 2012

Iran Refinery Capacity To Reach 3.3M B/D By March 2012

Iran's refinery production capacity will reach an estimated 3.3 million barrels a day by mid-March 2012, the Oil Ministry's Shana news agency reported Monday, citing a senior oil official.

Gazprom Neft 1Q 2008 Net Pft Doubles On High Prices

Gazprom Neft 1Q 2008 Net Pft Doubles On High Prices

OAO Gazprom Neft (SIBN.RS), the oil arm of Russian gas monopoly OAO Gazprom (GAZP.RS), Monday said its 2008 first-quarter net profit more than doubled on the year, pushed up by a favorable price environment and higher exposure to refining.

Rosneft Offers Gazprom Role In Developing Sakhalin Projects

Rosneft Offers Gazprom Role In Developing Sakhalin Projects

Russia's OAO Rosneft (ROSN.RS) has offered the country's state gas company OAO Rosneft(GAZP.RS) the opportunity to take part in the development of its projects on the Sakhalin Island in Russia's Far East, a Rosneft spokesman said Tuesday.

Gazprom in Turkey

Gazprom in Turkey

Gazprom has proposed setting up a company in Turkey to handle urban gas distribution and a planned extension of the Blue Stream pipeline to Israel, a senior Turkish Energy Ministry source told Reuters yesterday.

EUs Solana: Insufficient Progress On Iran Nuclear Talks

EU's Solana: 'Insufficient' Progress On Iran Nuclear Talks

The European Union's diplomatic chief, Javier Solana, said Saturday there had been "insufficient" progress in attempts to persuade Iran to give up its nuclear program following high-level talks in Geneva.

New Russian Law Gives State Cos Right To Off-Shore Deposits

New Russian Law Gives State Cos Right To Off-Shore Deposits

Russian President Dmitry Medvedev Friday signed a federal law giving the government the right to allocate licenses to develop oil and gas deposits on the continental shelf without auctions, the news agency Prime-Tass reported.

Gazprom Demands Ukraine Stop Exceeding Supply Contract

Gazprom Demands Ukraine Stop Exceeding Supply Contract

Russia's state-controlled gas company OAO Gazprom (GAZP.RS) has demanded its Ukrainian counterpart HAK Naftogaz Ukrainy stops taking more Russian gas than is stated in existing contracts, the Kommersant daily reports Monday citing sources familiar with the situation.

Gas Natural, Gazprom Plan Cooperation In LNG GAS.MC

Gas Natural, Gazprom Plan Cooperation In LNG >GAS.MC

Gas Natural SDG SA (GAS.MC) and a unit of Russian gas giant OAO Gazprom (GAZP.RS) are planning joint operations in the liquefied natural gas, or LNG, market, Gas Natural said Monday.