Once sidelined, Siberia's Tomsk enjoys oil boom
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About 1,900 miles east of Moscow  and sitting on a frozen swamp the size of France, the city of  Tomsk has struggled economically since the Trans-Siberian  Railway passed it by at the end of the 19th Century.
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Recent developments in Russia all point in one direction: The Kremlin&#39;s energy sector policy has shifted to more aggressive efforts of direct control.
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New technology has made it possible to unlock more oil from old fields, allowing companies to go after reserves that are harder to reach.
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Poland's two biggest refineries scrambled Friday to reassure clients that they would experience no crude oil shortfall after a trading wing of shattered oil giant Yukos invoked a contract provision that indicates it will be unable to fulfill supply commitments to the former Soviet bloc country.
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Gazprom softens its hardline stance on international involvement in exploiting the lucrative Shtokman gas field in Russia's arctic north.
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TOMSK. Feb 20 (Interfax) - The prosecutor's office of Russia's Tomsk region regularly looks into the activities of oil companies and users of other subsoil resources, to check on compliance with environmental laws among other things, the regional prosecutor said on Tuesday.
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NEW DELHI, NOVEMBER 3: Thanks to his old hand in oil diplomacy, Petroleum Minister Mani Shankar Aiyar was able to reap as much as possible from a brief 12-minute meeting with Russian President Vladimir Putin.
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Total will develop one of the worldâs largest natural gas deposits offshore in the Arctic with Russiaâs gas giant Gazprom, despite the risk of nationalization.
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Russia's Yukos does not begin the week teetering on the edge of ruin where it has been for months now. The oil giant is flat on its back, gasping for its last breaths of air.
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Prices were pushed higher by news on Sunday that Yukos had suspended delivery of 400,000 metric tons a month, or nearly 98,000 barrels a day, of rail-borne crude oil exports to China National Petroleum Co.
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News had just broken that the country&#39;s top oil producer, Yukos, had fallen to an the obscure company. His man on the spot seemed just as mystified.
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The absolute price of oil has reached a new high. The growth     of the economies in China, India and the rest of Asia are increasing the demand     for oil. There are production problems in Venezuela (strikes and sabotage), Norway (strikes), Nigeria (civil war), Iraq (sabotage) and Russia (internal politics). Hurricane Ivan and other hurricanes this year disrupted     production in the Gulf of Mexico and transportation of oil in the Atlantic.     In the next decade Eastern Europe will also require more oil to feed its growing economies. The price of crude oil has led to     prices of above $55 a barrel and lifted heating oil to a record and     natural gas to a 20-month high. Though prices may eventually fall a bit, they are likely to remain higher than we were once     accustomed.    However, all is not gloom and doom.
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Environmentalists in Russia are finding an unlikely ally in the Kremlin as it works to stall projects by oil companies on an island unfathomably rich with oil and gas.
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Last Wednesday, at the stroke of noon, one of the most lucrative prizes in Russia&#39;s oil industry went under the hammer. Russia&#39;s Federal Property Fund, which controls sales of state assets, auctioned a 7.6
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Oil prices have resumed their upward path, lifted by reports of pipeline sabotage in Iraq and fears that Russian firm Yukos may suspend production.
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General view of Gazprom headquaters is seen, in Moscow, on Friday, Dec. 17, 2004. The oil wing of Russia&#39;s state-controlled natural gas giant Gazprom does not intend to pull out of this weekend&#39;s auction of
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The Christian Science Monitor - With one of the world&#39;s 10 largest oil fields, Kazakhstan lies at the heart of a second &quot;Great Game&quot; for Central Asia&#39;s energy resources being played out between the US, Europe, Russia, and China. Amid growing concern that an influx of resource wealth could be siphoned off by corruption and mismanagement, it&#39;s been hailed as the region&#39;s most stable country.