fbpx

Energy Blast – Aug 10, 2011

Gazprom and RWE of Germany say that early talks have displayed their ‘match of interests’, and both sides aim to continue discussions until agreements have been reached on new power stations and gas prices.  The latest BP-AAR dispute, with a lawsuit opened in a Stockholm arbitration court against Renova, ‘is a mess that Bob Dudley can ill afford’, says The Independent.  Sberbank is seeking tax breaks for its Dulisima oil field in East Siberia. According to Foreign Minister Sergei Lavrov, Russia could cooperate with North and South Korea on the construction of a gas pipeline.  GDF Suez and China Investment Corp have revealed a new €2.3 billion partnership that will involve the building of ‘sustainable cities’.  The International Energy Agency says that current global oil demand has been slowed by weak economic growth and high prices, and is calling for Russia to provide a predictable tax regime if it wants to maintain production.  On Poland’s drive to tap into the shale gas market.  Sinopec is pushing to boost gasoline production to deal with high summer demand.