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July, Monday

Ratings // Analytics

Position Heading Hits

Natural gas to take us into the future

WINGAS firmly believes in the growing importance of natural gas in the European energy mix.


March OPEC Oil Output Fell to 27.98 Mil. Barrels Per Day

The 12 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 27.98 million barrels per day (b/d) in March, as the oil producer group continued its efforts to slash oversupply and prevent oil prices falling further, according to a Platts survey of OPEC, oil industry officials and analysts just released. This is down 90,000 b/d down from February’ s 28.07 million b/d.



A Comeuppance For Dirty Oil Sands?

As direct contributors to global warming, it is fair to say that the oil industry struggles to attract the ethical investor. In recent years however, even as we try to move towards a low-carbon economy, there has been a grudging acceptance that the world will remain dependent on oil for a long time.


Global Financial Crisis and the Environment – A Blessing in Disguise?

During financial crises, individuals think twice before spending money on luxury products and conveniences. The environment can be considered one of these luxuries, as priorities change on a whim once the ‘survival instinct’ engages.


Vladimir Putin cut the Balkan knot

Holding oil and gas resources without transportation system means nothing. The strategic importance of the Balkans, from the point of view of logistics, is so that this region can become a stumbling block on the way of both the Russian natural gas and the gas from Central Asia.


Big Changes in Russian Financial Market

Lately, the Russian financial market attracts attention of not only its players but also state authorities. The government dedicated a special meeting to discussion of its fate and at the conference in London Bloomberg presented analysis of condition of the Russian market done by Boston Consulting Group (BCG).


Where is Iran Heading?

On 14 July, Iran has offered the US direct talks in order to discuss about its nuclear programme and issues connected to terrorism but the US administration turned down the offer. The denial of a dialog, which is very unusual in international diplomacy, shows only how complicated the different issues concerning Iran have become.


Poland has reduced deliveries of Russian gas on third

February 12 Russia and Poland have signed the contract within the framework of additional report to the Russian - Polish contract from 1993 about transit of Russian gas through the Polish territory and delivery of gas to Poland for the period of 25 years.


Gazprom Loses Control of Gas Firm

In a setback for its new chief executive, Russia's natural gas monopoly Gazprom OAO appears to have lost the battle to regain control over a Siberian gas field. .Gazprom's board voted last month to buy back control of Zapsibgazprom, a gas producer that owned a license to the Yuzhno-Russkoye gas field in Siberia.


The bold and the richest...

The richest oil tycoons of 2001 according to Forbes. Eight Russian magnates are listed, three of them appeared to be richer then Rockerfeller.