Articles by Eduard Gismatullin

Chigirinsky To Sell Real Estate to Pay Debts

  • 12 February 09
  • Bloomberg
Sibir Energy shareholder Shalva Chigirinsky will sell some of his real estate in Russia, France and Britain together with an airplane to repay $307.4 million in debt, the company said Wednesday.

Sibir Energy Real Estate Purchase Postponed

  • 19 December 08
  • Bloomberg
Sibir Energy stockholders postponed a decision Thursday on purchasing property from shareholder Shalva Chigirinsky after the Moscow City Hall opposed the transaction, sending Sibir higher in London trading.

Rosneft Names Rudloff as Candidate for Board

  • 22 May 06
  • Bloomberg
Barclays Capital chairman Hans-Jörg Rudloff may join the board of Rosneft before the state oil firm's upcoming initial public offering in London and Moscow.

Rosneft to Put 3 Outsiders on Its Board

  • 25 April 06
  • Bloomberg
State oil company Rosneft will have three independent board directors before it sells shares to the public this year, company president Sergei Bogdanchikov told reporters Monday at the Russian Economic Forum in London.

French to Swap LNG for Russian Gas

  • 24 November 05
  • Bloomberg
Gazprom has agreed to swap gas it supplies Europe by pipelines for liquefied natural gas from Gaz de France, then deliver the LNG to Shell Western LNG in the United States.

Kazakhs Approve LUKoil's Bid for Nelson

  • 24 October 05
  • Bloomberg
LUKoil, Russia's largest oil company, has received approval from the Kazakh government for a $2 billion bid for Nelson Resources, which pumps oil in Kazakhstan, as the company expands in Central Asia and the Caspian.

Sibur Profit Up on Rosy Outlook

  • 25 July 05
  • Bloomberg
Gazprom's petrochemical unit said its gross profit rose 89 percent in the first half of the year, as the subsidiary of the world's biggest natural gas producer increased output to benefit from higher prices.

Tatneft Reveals Itself as Generous Lender

  • 18 July 05
  • Bloomberg
Tatneft, Russia's sixth-largest oil producer, granted 4.2 billion ($145 million) rubles in cheap loans to Tatarstan, saying the local government had ""considerable influence"" over the company.

Caspian Pipeline Expansion Delayed

  • 23 May 05
  • Bloomberg
Russia is delaying expansion of the ChevronTexaco-managed pipeline that ships Kazakh oil to the Black Sea.

Kazakhs Buy 8% Stake in Kashagan

  • 01 April 05
  • Bloomberg
Kazakhstan bought back part of the country's Kashagan field, the world's largest oilfield after Saudi Arabia's Ghawar, seeking greater control over an industry that is key to the country's economic boom.

Transneft: Arctic Link Could Cost $2.2Bln

  • 28 February 05
  • Bloomberg
Oil pipeline monopoly Transneft said it may cost $2.2 billion to build a link from northern Russia to the Arctic Ocean to help companies such as Total increase exports.

Court Deals Blow to Exxon Project

  • 07 February 05
  • Bloomberg
An ExxonMobil-led group that plans to invest about $12 billion in Russia's oil and gas fields in the Pacific suffered a setback when a Russian court canceled environmental approval for part of the project.

Shell Suffers a Setback in Sakhalin

  • 20 January 05
  • Bloomberg
A Royal Dutch/Shell Group-led venture that plans to sell liquefied natural gas, or LNG, to Asia suffered a setback when a Russian court canceled environmental approval for part of the project, which is in the Far East, local ecologists said Wednesday.

Minority Shareholders Renew Surgut Assault

  • 17 January 05
  • Bloomberg
Surgutneftegaz's minority shareholders asked a Russian court to cancel shares held by Surgut subsidiaries, saying it will reduce management control over the oil company, the country's fourth-largest.

LUKoil Raising Baltic Capacity

  • 24 December 04
  • Bloomberg
LUKoil, the country's biggest oil producer, will increase crude and fuel exports through its Vysotsk terminal on the Baltic Sea, boosting supplies to the company's network of more than 2,000 U.S. filling stations.

Work Begins on Sakhalin Pipeline

  • 11 November 04
  • Bloomberg
An ExxonMobil-led venture started building an oil pipeline to carry crude from offshore fields in the Pacific to a port on the coast where the oil can be loaded onto tankers for export to Asian customers.

Oil Majors Join Forces in Siberia

  • 29 October 04
  • Bloomberg
TNK-BP plans to cooperate with LUKoil and state-run Rosneft to develop Siberian oil and gas fields after TNK-BP bought four exploration units to boost reserves.

Transneft Says Ready to Export More Oil

  • 18 October 04
  • Bloomberg
Russia is ready to increase oil exports by 5.4 percent, the nation's pipeline monopoly said Friday, as a lack of spare capacity elsewhere in the world contributes to record crude oil prices.

Gas Monopoly Guards Asian Exports

  • 05 October 04
  • Bloomberg
Gazprom plans to manage exports through pipelines to Asia, rather than allow companies such as ExxonMobil and BP to oversee sales of the gas they extract inside the country.

Gazprom Eyes LNG Ports in U.S.

  • 05 October 04
  • Bloomberg
Gazprom plans to lease or buy stakes in liquefied natural gas terminals in the United States and possibly Canada, where the company plans to start supplying the fuel.

Gazprom Sets Out Plan to Supply LNG to U.S. in '05

  • 24 September 04
  • Bloomberg
Gazprom, the world's largest natural gas producer, plans to start supplying liquefied natural gas to the United States as early as next year by swapping its fuel in Europe for LNG shipments to North America.

Bullish BP Lauds Russian Oil Venture

  • 14 September 04
  • Bloomberg
BP's Russian venture will boost oil output this year by more than its planned 12 percent and plans to raise spending in 2005 for a second year to ramp up production as international crude futures trade close to record highs.

Minister to Investigate Gazprom

  • 20 August 04
  • Bloomberg
Gazprom share-trading will be investigated after a lawmaker called for a review into whether foreigners illegally bought shares in the world's largest natural gas producer.

LUKoil Puts Assets in Financial Group

  • 13 August 04
  • Bloomberg
The decision by LUKoil to unload non-oil assets has helped to set up IFD Kapital, a new group with $3 billion in assets that will sell financial services such as insurance as a six-year economic boom boosts incomes for many of the nation's 145 million people.

Miller Urges Putin to Raise Gas Prices

  • 09 August 04
  • Bloomberg
Gazprom, the world's top natural gas producer, urged the government to boost local gas prices 23 percent next year because it expects to make losses in 2004 and 2005 on domestic sales after higher steel prices raised costs.

Miller Braces Severstal for Gas Price Hike Next Year

  • 06 August 04
  • Bloomberg
Gazprom told Severstal, the country's No. 3 steelmaker, that natural gas will be more expensive next year after prices rose this year for steel pipes, boosting the gas giant's costs.

Chinese Drop Gazprom Stake in Pipeline Project

  • 04 August 04
  • Bloomberg
PetroChina Co., China's largest oil company, canceled an initial agreement with Gazprom, Royal Dutch/Shell and ExxonMobil on taking a stake in China's $5.2 billion cross-country pipeline to Shanghai.

Raiffeisen to Replace Gazprom Middleman

  • 30 July 04
  • Bloomberg
Gazprom said Thursday it agreed with Raiffeisen Zentralbank Osterreich to set up a venture to supply gas to Ukraine from Turkmenistan, helping boost exports of Russian gas to Europe.

TNK Seeking Shelter From Tax Storm

  • 27 July 04
  • Bloomberg
TNK-BP is seeking tax breaks with the help of a $2.4 billion oil exploration project in Siberia, after the federal government increased the tax burden on energy companies and urged corporations to reduce efforts to avoid taxes.

Supermajors Scour Tyumen for Crude

  • 20 July 04
  • Bloomberg
Executives of U.S. oil giant ExxonMobil are traveling through western Siberia to look at potential oil and gas projects as the company seeks opportunities to enter Russia's largest oil province, said an official with the local government.