Russia and China take great energy leap forward

Oil Well file photo

(Russia Beyond the Headlines – rbth.ru – Ben Aris – April 7, 2013) Deepening economic ties with the new leadership in Beijing are evidence that Russia is increasingly looking towards Asia. A multibillion-pound raft of deals struck during new Chinese president Xi Jinping’s recent visit to Moscow demonstrates a strengthening of ties between the two countries. As does the fact […]

» Read more

Bright Days for Putin’s Dark Knight

Igor Sechin file photo

(Institute of Modern Russia – imrussia.org – Donald Jensen – March 19, 2013) Despite rumors of his waning influence, Rosneft chief Igor Sechin remains one of the most powerful members of Russia’s ruling establishment. Donald N. Jensen, Resident Fellow at the Center for Transatlantic Relations at the Johns Hopkins School of Advanced International Studies, discusses Sechin’s latest “string of triumphs.” […]

» Read more

Russia Adopts Texas Drilling to Revive Soviet Oil Fields

Oil Worker file photo

(Bloomberg – bloomberg.com – Stephen Bierman – March 18, 2013) Fracking isn’t just for shale. In Russia, producers are importing techniques from the U.S. to squeeze billions of dollars of extra oil from Soviet-era fields. TNK-BP, Russia’s third-largest producer, will use hydraulic fracturing combined with horizontal drilling in almost half the wells it sinks this year, a sixfold increase in […]

» Read more

Russia Seeks Closer Energy Partnership with China

China Map

(Eurasia Daily Monitor: Volume 10, Issue 42 – Jamestown Foundation – jamestown.org – Sergei Blagov – March 6, 2013) On February 25, Russian Deputy Prime Minister Arkady Dvorkovich traveled to China to attend a first meeting of the bilateral intergovernmental commission on energy cooperation. The commission was formed in December 2012 to replace the bilateral Russia-China energy dialogue. Dvorkovich held […]

» Read more

Rosneft revenues threaten Gazprom’s top spot; Rosneft is preparing to steal Gazprom’s crown as Russia’s largest company.

Igor Sechin file photo

(Russia Beyond the Headlines – www.rbth.ru – Galina Starinskaya, special to RBTH- February 14, 2013) CEO Igor Sechin directed massive growth for state-owned Rosneft in 2012, developing international partnerships in offshore projects, a merger with TNK-BP and a move toward direct long-term contracts. If Gazprom loses its monopoly on exports of liquefied natural gas, as Rosneft expects, the latter will […]

» Read more

Russian Energy Review in 2012: Consolidating State Control in an Uncertain Market

Oil Well file photo

(Eurasia Daily Monitor: Volume 10, Issue 10 – Jamestown Foundation: jamestown.org – Margarita Assenova – January 18, 2013) Increased state control and consolidation of the oil and gas sector marked Russia’s energy developments in 2012, while the state budget remained heavily dependent on energy revenues. At the same time, Russia’s markets in Europe are shrinking due to the economic crisis […]

» Read more

Rosneft to Replace Gazprom as Energy Driver on TNK Deal

File Photo of Rosneft and Russian Flags Next to Rosneft Banner

(Bloomberg – bloomberg.com – Anna Shiryaevskaya – October 19, 2012) OAO Rosneft (ROSN)’s proposed acquisition of TNK-BP will accelerate the state oil company’s eclipse of OAO Gazprom (OGZD) as the dominant force in Russia’s energy industry. President Vladimir Putin used Gazprom, the world’s biggest natural gas producer, to assert Russia’s energy power over the past decade, winning pipeline deals and […]

» Read more
1 2