|TOPIC OF THE ISSUE|
South Stream works in European interests
Gazprom and the state enterprise Serbiagaz inked an agreement on 25 February to build the South Stream pipeline. The document on the gas pipeline construction project that crosses Serbia was signed by Gazprom head Aleksey Miller and Serbiagaz acting general director Sasha Ilich in the presence of Russian First Deputy Prime Minister Dmitriy Medvedev and Serbian Prime Minister Vojislav Kostunica.
|PERSON OF THE ISSUE|
|Believing in Russia|
Person of the issue: TNK-BP Executive Vice-President Tony Considine
TNK-BP Executive Vice-President Tony Considine is one of those Western professionals who - to paraphrase the Russian poet Fyodor Tyutchev who said «Russia cannot be understood with the mind» — was able to understand the priorities to develop a company in Russia and who managed to change a lot in his sector for the better.
|PHOTO OF THE ISSUE|
|Gas on the water…|
First Deputy Prime Minister of Russia and Gazprom Chairman of the Board Dmitry Medvedev (centre) and Gazprom General Director Aleksey Miller (second from the right) pose with members of Deep Purple after their performance at a concert in the Kremlin Palace celebrating Gazprom's 15th anniversary.
|IP WEEK 2008 — worries and hopes|
The sheer complexity of global energy developments was reflection in sessions and seminars of 94th IP (International Petroleum) Week in London, 18–21 February.
|EXPLORATION AND PRODUCTION|
|The Arctic — endless questions and a search for solutions|
Under Russia's maritime doctrine through 2020, the national maritime policy in the arctic is a priority.
The Arctic Regional Practical Science Conference, held 4 December 2007 in Arkhangelsk and sponsored by the Marine College, was dedicated to problems faced in exploiting the unique riches of the north. The conference was organised by the Moscow Forum of Oil and Gas Industrialists.
|Delay in the pipe|
The new leadership at Transneft is asking to postpone opening of the first stage of the East Siberia-Pacific Ocean (VSTO) oil pipeline by one year.
Hot on the heels of the pipeline monopoly Transneft management change in September 2007, massive problems in carrying out the company's most ambitious project — the East Siberia-Pacific Ocean oil pipeline (VSTO) — began to crop up. The new president of the transport monopoly, Nikolay Tokarev, announced it was necessary to delay opening the VSTO pipeline by an entire year. He explained this was due to the previous leadership lagging behind schedule and the choice of construction contractors on the project. Former Transneft head Semyon Vainshtok shrugs off the accusations. Meanwhile, the political reasons among other things has kept the Russian government from adopting a final decision on the issue.
|Dr. Vladimir Kapustin: The Russian state takes a hands-off approach to modernization of refining|
There are many specialists in Russia who suffered through the difficult fate of the Russia refining and petrochemicals industry. However, there are few people who have dedicated all their efforts to the systemic rebirth of this strategically important sector. VNIPIneft General Director and professor at the Gubkin Oil and Gas University in Moscow, Dr Vladimir Kapustin is one of the most active, and more importantly, most productive proponents of developing Russia's refining industry.
|Book review «Motor fuels with bioethanol»|
Kaprov, S. A., Kapustin, A. K., Starkov A. K.
Slowing growth in oil production accompanied at the same time by more and more auto, rail, water and air transport had by the end of the 1980s created a deficit of liquid fuels derived from crude. In the future, this deficit will grow and this has led the world at large to intensively seek alternative fuels (energy sources) to provide for transport needs.
|A key link in developing Russian refining|
The Russian Academy of Science (RAS) hosted an international conference in Moscow dedicated to developing catalytic cracking in Russia.
|They split it in half|
Gazprom neft and the Moscow Oil and Gas Company agree on parity management of the Moscow refinery
It appears the very lengthy conflict among shareholders at the 240,000 b/d Moscow Oil Refinery is finally over. The owners of the largest stakes in the enterprise, Moscow Oil and Gas Company (MOGC) and Gazprom neft agreed to parity management of the plant.
|TNK-BP — prospecting along the Neva|
TNK-BP officially launched the first of its BP trademark retail petrol stations in St. Petersburg on 11 February. This is the British brand's first sales unit outside of Moscow region.
|An unseen force guides him to these shores…|
Mikhail Gutseriyev, the former boss of Russneft, has no intention of quitting the oil business
A structure belonging to the former leader and founder of Russneft, Mikhail Gutseriyev, has acquired a stake in projects operating two oil fields in Azerbaijan. The subject is 85% in the Karasu Operating Company (KAOC), which operates the Mishovdag-Kelameddin block and 80% of the Kura Valley Operating Company (KURA), which operates the Padar-Kharami block.
St Petersburg based equipment supplier and manufacturer Ecros is pretty well known to the specialists of oil and gas industry in the former Soviet Union. Consistent development experience and dynamic growth of the company today translate into unique understanding of laboratory equipment and analytic business market segment in the countries of the former Soviet Union. OILMARKET discussed with Ecros general director Dr. Oleg Arapov the key results of the company operations in 2007, the trends of the company long term development in the context of the key priorities of this science driven market.