Energy Blast – Feb 27, 2012

‘Russia’s strategy to keep output above 10 million bpd for the next decade will initially depend on its ability to increase the amount recovered from existing fields.’  Germany’s RWE denies earlier reports that it is in talks with Russia’s InterRAO to buy nuclear electricity.  The Moscow Times profiles the oil and gas hub of Nizhnevartovsk.  China’s natural gas imports are 67% higher this year than last year.  BP may come to a settlement of tens of thousands of damages claims related to the 2010 Deepwater oil spill; the FT profiles the key players.