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Article archive for Gazprom;

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Oil spill catches fire on Moscow river 17 August 2015

On August 12 an oil spill caught fire on the Moskva river in the south of Moscow, according to the Interfax news agency. The smoke from the fire rose over 200 metres into the air over the city and damage to the environment has been estimated at around 30 million roubles ($464,000)....

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Russia scraps massive South Stream gas pipeline project 02 December 2014

On December 1, Russia announced it was scrapping the planned $40 billion South Stream project to supply 63 billion cubic metres (bcm) of natural gas a year from Russia to south-eastern Europe. This would have been equivalent to more than 10% of European demand, and is another casualty of the sanctions the EU has introduced because of Russia's actions in Ukraine....

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Shell suspends GazpromNeft joint venture operations 14 October 2014

GazpromNeft General Director Aleksandr Dyukov told journalists on October 8 that sanctions had prompted Shell to suspend work on its joint venture with Gazprom Neft developing the Bazhenov field in western Siberia, according to Interfax. Khanty-Mansiysk Neftegazoviy Soyuz was set up last year to develop shale oil resources in the field. ...

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Western sanctions could jeopardise security on Russian Arctic platform 03 September 2014

Norwegian news website says Western sanctions against Russia over the latter’s invasion of Ukraine could lead to problems on a number of the country’s Arctic oil & gas projects. Among the worst affected could be the Prirazlomnoye project in the Pechora Sea. ...

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Ukraine gas pipeline blast unexplained 19 June 2014

An explosion ripped through a natural gas pipeline in the Poltava region of central Ukraine on June 17 sending a column of fire 200 metres into the air. Ukraine's state pipeline operator Ukrtransgaz said the fire from the explosion was extinguished in less than two hours. Supplies to Europe were not affected as the gas flow was temporarily shifted to a parallel pipeline....

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EU demands Bulgaria suspend work on South Stream gas pipeline 02 June 2014

The European Commission has demanded that the Bulgarian government freeze construction of Gazprom’s South Stream pipeline until a decision is taken on whether the Gazprom project meets European legislation, Bulgarian television reported on June 2....

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China and Russia sign massive gas supply contract 23 May 2014

On May 21, China and Russia signed a landmark $400 billion gas supply deal, securing for Beijing a major source of fuel and opening up a significant new market for Moscow. The deal, involving Russia’s Gazprom and CNPC of China, includes the construction of a new gas pipeline to link Siberian gas fields to China’s industrial and urban coastal heartland. ...

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Gazprom Neft Joins International Arctic Oil Spill Response Technology Joint Industry Programme 24 March 2014

Gazprom Neft has become the first Russian company to join the Arctic Oil Spill Response Technology Joint Industry Programme (JIP). The four-year JIP was launched in December 2012 to carry out research in several areas, including studying the fate of dispersed oil under ice, dispersant testing under realistic conditions as well as oil spill detection and mapping in low visibility and ice....

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Gazprom subsidiary publishes oil spill response plan for Russian Arctic operations 30 August 2013

Gazprom Neft Shelf LLC, a Gazprom subsidiary with a license to develop the Prirazlomnoye offshore oilfield in the Pechora Sea, has published its summary plan on the prevention of oil spills and spill response. The oilfield, between the north coast of continental Russia and Novaya Zemlya, has forecast recoverable reserves of more than 70 million tonnes....

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US shale should cause Gazprom to lower gas export prices by 2016 30 April 2013

According to Oil & Gas Eurasia, Russia's Ministry of Economic Development is predicting that competition from North American shale gas exports will force Gazprom to lower its export prices significantly by 2016....

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