Iran’s new oil phases
President Mohammad Khatami has inaugurated Phases 2 and 3 of Iran's oil projects which he described as among the "biggest projects of Iran's oil and gas industry".
China and partners to sign pipeline deal
China and its foreign partners expect to sign a final deal for the country's east-west natural gas pipeline by June this year.
Lukoil and Gazprom sign strategic pact
Lukoil and Gazprom have signed a general strategic partnership agreement.
Gazprom to build baltic pipeline
Gazprom has given the go-ahead for a huge pipeline project from Russia to Western Europe under the Baltic Sea, now seen operational by 2007.
Russo-German joint gas venture
The largest German oil company Wintershall (Kassel) and Gazprom are planning to set up a joint company for the exploitation of hard-to-access gas deposits in western Siberia.
China signs west-east pipeline deal
China has signed a deal with foreign oil giants to pipe gas from far western deserts to the eastern metropolis of Shanghai in a USD 20 billion project to sate a thirst for energy and cut use of dirty coal.
Shell to invest in Russia?
Russian Prime Minister Mikhail Kasyanov has discussed with the head of Shell the possibility of new investments.
Gazprom may invest in Siberian gas fields
Gazprom is considering developing gas fields in Siberia's Irkutsk and Yakutia regions, deputy board chairman Bogdan Budzulyak has said.