A $4.2 billion pipeline into Norway's Arctic to bring natural gas to European markets must be funded by the private sector, and the government does not intend to take a financial role. OSLO — A $4.2 billion pipeline into Norway's...

North Korea's new leader, Kim Jong Un, supports an agreement to build a natural gas pipeline from Russia to South Korea via his communist state. North Korea's new leader, Kim Jong Un, supports an agreement to build a natural gas pipeline from Russia to South Korea via his communist state, the Russian envoy in Pyongyang said...

Five Latvians and a Russian were detained near St. Petersburg for cutting into a diesel pipeline that runs to the Baltic Sea port of Primorsk, oil products pipeline operator Transnefteprodukt said on its website Friday. The men were detained Feb. 8, according to the statement. Police and employees from two Transnefteprodukt units discovered...

Gazprom said it has pushed forward the start of construction of the South Stream pipeline, designed to bypass countries such as Ukraine through which Russian natural gas is now piped to Europe. "The plan ... will allow us to start the gas pipeline construction as early as December 2012, not in 2013 as had been planned before...

... de Piplene"(Russia – Bouygues group (France), Saipem SA (France) and Saipem Spa (Italy)– Eni Group) )<br>• March 2006 – September 2011 (dissolution of the company). "LSM-Mekhanizatsiya" (Moscow) Company specialized on field of pipeline (Ø1000-1200 mm) construction (including welding and HDD-horizontal direction drilling) and road construction (including construction for the Olympic Games in Sochi and the 2nd phase of CPC Tank Farm construction in Novorossiysk). Position:...

... the increased demand by Russian clients and those investing in Russia for high-quality finance advice, in particular in oil & gas, energy and infrastructure sectors. Most recently Andrei represented Gazprom in connection with the South Stream Gas Pipeline Project; Trans-Balkan Pipeline B.V. in connection with the construction and project financing of the Burgas-Alexandroupolus cross-border oil pipeline project; Atomstroyexport in connection with newly built nuclear power plants in Akkuyu, Turkey...

Russia's delayed privatization plan includes the sale of a small stake in pipeline monopoly Transneft alongside a host of other companies over the coming six years, according to a schedule distributed by the Economic Development Ministry. Russia’s delayed privatization plan includes the sale...

... Energy Minister Yury Boiko and Gazprom head Alexei Miller that took place Sunday. No announcement about the results of the meeting had been made by either side early Sunday evening. Boiko ruled out Friday that Ukraine would ever cede control of its pipeline network. Gazprom favors the move because it would give the monopoly greater control over exports to Europe. Such a trade-off in exchange for lower gas prices has been frequently mooted. Naftogaz provoked Gazprom's ire Thursday when it announced...

... Vladimir Putin to consider the proposal. Pierre Nerguararian, head of Total E&P Russie, said in September that the tax breaks are critical for the partners to make a positive investment decision. The project in the Barents Sea, which plans to supply gas by pipeline and tanker, has been repeatedly delayed. Gazprom didn't disclose the project's costs. While there are "no doubts" that the project will be granted exemptions from the mineral extraction tax because the conditions for field development...

... by 2019 or 2020, Quigley said. The field development plan assumes 10 percent recovery rates, which TNK-BP will attempt to double with technology, Quigley said. Oil from both the fields will likely be pumped into Russia's East Siberian Pacific Ocean pipeline, which supplies Chinese and Asian Pacific markets, TNK-BP vice president Viktor Blagoveschensky told journalists. The heavy oil from the Russkoye field meets Russian pipeline operator Transneft's standards and can be placed in the system, he...

... tanker Renda and its crew deliver the gasoline and diesel fuel. The process began after crews safety-tested two transfer hoses with pressurized air. Earlier, crews laid the hoses along a stretch of Bering Sea ice. On Monday, they hooked the hoses to a pipeline that begins on a rock causeway 500 meters from the tanker, which is moored about 800 meters offshore, said Jason Evans, board chairman of the Sitnasuak Native Corp. Sitnasuak owns the local fuel company, Bonanza Fuel, and has been working closely...

Gazprom plans to raise Europe-bound gas exports across Belarus by about 13 percent this year after gaining control of the country's pipeline and Ukraine's threats to cut purchases. Gazprom will increase shipments by 4 billion cubic meters this year, chief executive Alexei Miller told the Belarus energy minister, Gazprom announced Thursday. Transit shipments amounted to 31.3 bcm last...

... of State Hillary Rodham Clinton arrived in Bulgaria, where she will urge the country to break its energy dependence on Russia by diversifying its oil and gas supplies. U.S. officials say Clinton will use her visit to promote alternatives to existing pipeline routes as well as developing new energy sources. They say Eastern Europe's reliance on Russia for energy leaves it vulnerable to "unhealthy" political pressure from Moscow. Russia drew Washington's fury on Saturday when it vetoed a...

... to take the painful measure ahead of parliamentary elections later this year and is lobbying Moscow for cheaper gas. A deal with Russia could allow Kiev to maintain domestic gas prices, but talks have stalled as Moscow seeks control over Ukraine's pipeline network in exchange for a discount. 179736

... the stake sales, its focus is shifting to dividends of those companies, helping Gazprom, Rosneft and Transneft, Chris Weafer and Ovanes Oganisian, strategists at Troika Dialog, said in an e-mailed report late last week. Transneft operates Russia's oil pipelines and ships 93 percent of Russian-produced crude, according to the company's web site. "A meaningful dividend policy for state-owned entities is a much more immediate goal, which will also help improve valuations and deepen Russia's financial...

... his colleague, Deputy Finance Minister Sergei Storchak : "I understand that this is now unfortunate for many because it seems unexpected," he told a financial conference. "The law may be bad, but it's the law." One state firm, oil pipeline monopoly Transneft, has threatened to redeem more than $4 billion in eurobonds at par, a move allowed by bond covenants if tax rules change, potentially inflicting losses on investors as the bonds trade at a premium. Borrowers accuse the Finance...

... companies are vying for a share of natural gas reserves and oil fields in the Caspian Sea. China is in pole position to snap up these resources. It has lent more than $8 billion to help Turkmenistan develop its energy sector, and it built a 2,000-kilometer pipeline to its border. Meanwhile, talks on a trans-Caspian route to Europe drag on. International rights groups say there is little evidence that Turkmenistan is improving its human rights record. "Turkmenistan remains closed to international...

... Lithuania. Klaipedos Nafta said Hoegh would also provide operation and maintenance, as well as a qualified vessel crew for the FSRU. The FSRU will receive super-frozen liquefied natural gas from tankers and warm it into gas that can be transmitted by pipeline to consumers. 179738

... increasing life expectancy by 3 1/2 years. He also noted a number of economic improvements, such as Russia now ranking fifth in terms of car sales and third in grain exports, as well as increased housing construction and the development of three major gas pipelines. Govorukhin praised Putin for managing to "get rid of [about 10,000] foreign consultants, who had flooded the country" and "dictated laws, which did not benefit Russia," he said. "Today Russia has a mind of its own...

... transport and construction sectors — again positive economic indicators. Furthermore, according to the Mergermarket "Heat Chart" (based on "company for sale" stories tracked by Mergermarket in the second half of 2011), the main pipeline of activity is in the consumer and industrial production space, not energy, which features much less prominently this time. The chart also shows that the number of deals identified is sharply down, with just 211 deals on the Mergermarket radar...