Kazakh, Ukrainian leaders vow to beef up oil transit
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Kazakh President Nursultan Nazarbayev and his Ukrainian counterpart Viktor Yushchenko vowed to push forward Western-backed plans for a new oil supply route from the Caspian region to Europe.
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NEW YORK, October 1 (Itar-Tass) - The Russian government and the US administration have approved the making of a strategic alliance by the Russian and American oil and gas companies, LUKOIL and ConocoPhillips, LUKOILâs president Vagit Alekperov said.
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The oil ministers of Opec heavyweights Saudi Arabia and Kuwait have pledged to maintain output after prices hit new peaks at the end of last week.
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Kazakhstan has begun construction of the second phase of a 3,000 kilometer oil pipeline that will deliver Caspian oil to western China.
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Ukraine&#39;s opposition has pushed ahead with plans for a national strike, including the blocking of highways. Opposition leader Viktor Yushchenko on Thursday again vowed to fight to
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Aug. 17 (Bloomberg) -- Russia&#39;s state-owned railway, the shipper of a fourth of OAO Yukos Oil Co.&#39;s crude oil, said it will guarantee exports, the clearest sign yet President Vladimir Putin wants to ensure supplies to world markets.
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The Kazakh state could seize oil fields and mineral deposits from private investors, Prime Minister Karim Masimov said Thursday, following a series of high-profile business disputes involving top foreign energy majors.
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BEIJING, Sept. 24 (Xinhuaent) -- Premier Wen Jiabao is now in Moscow with a mission to secure more power supply from Russia to satisfy China&#39;s booming demand for oil and gas.
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Kazakhstan and an Eni-led   consortium of oil majors have set January 15 as the new  deadline for talks over the fate of the giant Kashagan  oilfield, Kazakh energy minister Sauat Mynbayev said on Monday.
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Russia promised to sort out Yukos oil deliveries to China ahead of a visit by Chinese Premier Wen Jiabao dominated by the struggling oil major's decision to cut supplies to the energy-hungry Asian giant.
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The president of China's biggest oil producer hailed the beginning of construction on a pipeline from Kazakhstan to China on Wednesday, calling it "a bridge of friendship" between his energy-hungry nation and the oil-rich Central Asian country.
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Ukraine's new president, visiting Moscow on his first foreign trip, pledged an eternal alliance with Russia in talks with President Vladimir Putin on Monday, but said his country had its sights set firmly Westwards.
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As this Central Asian oil-producing nation prepares for critical parliamentary elections Sunday, both the government and opposition are trying to play the oil card to their own advantage.
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The presidents of Poland and Ukraine agree on a five-nation summit on the extension of an oil pipeline to Europe.
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Energy-poor South Korea is expected to raise its energy independency as the government has agreed to join oil field and uranium development projects in Kazakhstan.
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President-elect Viktor Yushchenko, whose defeated pro-Russian rival has quit as prime minister, on Monday promised Ukrainians a modern market economy, even as prices of vital gas imports soared by one-third.
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Kazakhstan and an Eni-led  consortium of oil majors have set January15 as the new deadline for talks over the fate of the giant Kashagan oilfield, Kazakh energy minister Sauat Mynbayev said on Monday.