Oil
Wholesale prices on gasoline raised by 6%
April 02, 2009The wholesale prices on gasoline А95 and А92 increased by 0.5 lei (7.4%), А80 – by 0.2 lei (3%), the prices on А98 and diesel remained unchanged. The price increase on oil products began about a week ago and at present it involved all the importers...
Serbia\'s Oil Industry: A Christmas Gift to Gazprom
January 08, 2009by Vladimir Socor On December 24, 2008, the Serbian government ceded control over Serbia’s Oil Industry (Naftna Industrija Srbije, NIS) to Russian Gazprom’s oil subsidiary, GazpromNeft. Motivated to a large extent politically and negotiated...
Analysis: Russia cuts oil supplies to Czech Republic without explanation
July 15, 2008Author: Vladimir Socor, Eurasia Daily Monitor On July 8 in Prague the United States and the Czech Republic signed an agreement on a U.S. radar system on the Czech Republic’s territory as part of the antiballistic missile shield. On July 10 Russia...
Analisys: Unconventional gas extraction in Hungary
May 13, 2008Author: Vladimir Socor Hungary’s MOL oil and gas company has entered into a partnership with ExxonMobil of the United States and Falcon Oil & Gas of British Columbia, Canada, to develop the gas deposits in Hungary’s Mako Trough. With...
Analysis: West racing Russia for Turkmen gas
November 27, 2007Author: Vladimir Socor, Eurasia Daily Monitor On November 23 in Ashgabat, Russian Prime Minister Viktor Zubkov and Gazprom president Alexei Miller held tense talks with Turkmen President Gurbanguly Berdimukhamedov on joint gas projects. The Russians...
Analisys: The EU Commission between MOL and OMV: another “sleepwalking” case?
November 20, 2007Author: Vladimir Socor, Eurasia Daily Monitor Italy’s ENI energy champion CEO Paolo Scaroni recently noted that the European Union was “sleepwalking” on energy policy. “It seems incredible that the EU, which debates and legislates...
11,000 boats need to be cleaned in S.F.
November 18, 2007Federal and state officials are trying to devise a plan for the safe cleaning of 11,000 boats fouled by the massive oil spill in San Francisco Bay. They hope to avoid a situation in which oil from boats ends up back in the bay, The Oakland Tribune...
Russia deploys oil absorbers at spill site
November 14, 2007Special oil-absorbing chemicals have been sent to the site of a weekend Black Sea-area spill where storms split a tanker, Russian emergency officials said. "Work has begun to deliver special absorbents to Port Kavkaz to clean up the aftermath...
Iran likely to weather U.S. sanctions
October 29, 2007Analysts said Asian banks and China's hunger for oil could buffer Iran from new U.S. sanctions, The Washington Post reported Monday. China is expected to replace Germany as Iran's biggest trading partner this year and as a permanent member of the...
Oil motive in Iraq, Putin says
October 18, 2007Russian President Vladimir Putin said the motives for U.S.-led operations in Iraq centered on control over the country's oil reserves. “In my opinion, one of the goals, of course, was to put that country’s oil under control,” Putin...