Natural resources

25.05.2012 19:29 4 comments Gazprom seeking new partners to spur Shtokman Gazprom might be looking for new partners in the Shtokman gas project as reports suggest Norway’s Statoil has decided to leave the joint venture. Shell may take its place, according to a Kommersant daily report.		24.05.2012 21:46 3 comments Private energy firms welcome in the Arctic, but no license reselling All non-state Russian fuel and energy companies should have the right to develop offshore oil and natural gas fields, as long as they don't resell their rights to foreign corporations, says President Vladimir Putin.
22.05.2012 19:48 7 comments Iran plans a new terminal to bypass Hormuz Iran is set to build a new oil terminal outside the Strait of Hormuz in a bid to protect vital exports from potential problems in the Gulf region and to boost Caspian oil shipments.		18.05.2012 18:11 23 comments Green-blind? US wages war on Chinese solar panel makers The US is set to increase tariffs on solar panels made in China in a bid to restrict Chinese companies’ presence on the market. Beijing claims this may hurt efforts to promote clean energy.
17.05.2012 11:44 6 comments ‘No difference between giving money to Karzai govt and burning it’ Despite its own financial woes and public discontent, Germany is giving early 150 million euro in support to Afghanistan. But critics say it is like throwing money out the window.		11.05.2012 16:08 1 comment Qatar buys into Shell Qatar is making further steps on the European resource market as its sovereign wealth fund has bought a major stake in Royal Dutch Shell.
09.05.2012 08:23 1 comment Making and selling to be the future of Russian economy Diversification of the economy is going to be the main challenge for the new Russian Government according to experts. Retail and manufacturing would have to become the main drivers of Russia’s economy in the near future.		05.05.2012 20:26 7 comments Pricey ice: Russia, Norway sign megabuck Arctic agreement Statoil and Rosneft will spend about $60 bln to jointly explore and develop Russia’s Arctic shelf. This will allow another foreign company access to Russia’s oil and gas deposits, while domestic partners are still to be selected.
30.04.2012 03:28 9 comments Russians top UK Rich List Russian tycoons took two of the top three spots in this year's Sunday Times Rich List. Despite the economic turmoil that has swept Europe over the past year, Britain's moguls have seen their stock increase to a record £414 billion.		28.04.2012 12:56 Lukoil eyes Arctic deal with Rosneft Russian crude producer Lukoil is considering partnering with another major Russian oil company, Rosneft, to jointly develop Arctic reserves, following the deals with ENI and ExxonMobil.
27.04.2012 12:51 1 comment Gazprom 2011 net profit jumps 35% Russian gas export monopoly Gazprom pleasantly surprised market analysts, reporting nearly $45 billion in net profit last year – a rise of 35 per cent, owed to growing gas production and strong energy prices.		26.04.2012 02:42 6 comments Trampling on the tribes: ‘The Corporate Way’ You might think Man has come a long way from the Dutch and English slave masters of the 18th Century selling work-able men and women from Africa at “markets” in North, Central and South America. But look at the attitudes to indigenous people.
25.04.2012 16:09 4 comments Italy gets oil deal to explore Russian arctic Italy's Eni and Russia’s leading oil producer Rosneft have completed a deal to search for oil and gas in the Russian Arctic. It’s the second major deal on Arctic development for Rosneft as it signed a partnership with ExxonMobile last week.		25.04.2012 14:24 3 comments Russia’s LUKOIL starts Iraq drilling Russia’s oil major LUKOIL has started drilling operations at the West Qurna-2 oil field near the Iraqi port of Basra. The company targets 150,000 barrels daily production in 2013 to recover costs of the project.
24.04.2012 14:33 12 comments Sudan declared war on our country - South Sudan president The president of South Sudan says attacks by the North amount to a declaration of war on his country. Khartoum and Juba, which became independent last year, remain embroiled in a conflict over sharing oil profits and establishing frontiers.		24.04.2012 14:14 22 comments Asteroid mining by 2020: Robo-ships to dig space rocks for gold & fuel Building a network of light telescopes and designing a cheap robotic probe are to be the first steps of Planetary Resources, a US-based company hoping to kick-start private development of asteroid mineral riches.
23.04.2012 16:57 Slip ups in the Russian oil fields The Russian oil industry is coming under fire from the government for pollution. A week after TNK-BP was accused of causing hundreds of oil spills in Siberia, Russian oil major Lukoil reported a significant oil spill in the Arctic.		21.04.2012 17:15 15 comments Asteroid Miners Inc? Cameron backs ‘real-life Avatar’ space project Director and explorer James Cameron has joined an ambitious project to collect natural resources in space. Unlike his blockbuster, the endeavor is likely to be closer to Armageddon-style asteroid mining.
20.04.2012 22:13 1 comment Siberian mega-corporation to grab Gazprom and Transneft pie Russia plans to create a state-run mega-corporation to develop Siberia and the Far East. It would have almost unprecedented powers.		20.04.2012 19:29 3 comments Russia gets closer to making its gas way to Europe The South Stream pipeline is finally taking shape as shareholders have agreed to build the northern leg of pipeline to Austria first. Construction will start sooner than expected in December of this year.

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