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  1. Eni talks exploration and production in Kazakhstan

    The Prime Minister of Kazakhstan, Karim Massimov, and the Minister of Energy, Vladimir Shkolnik, met Eni ’s CEO Claudio Descalzi today in Astana. In the meeting, Claudio Descalzi illustrated the positive progress of Eni’s activities in Kazakhstan, with a particular focus on the projects for the Kashagan and Karachaganak fields , and Eni’s partnership with State Oil Company KazMunaiGaz , both for the Isatay offshore exploration area and the shipyard project in Mangystau Region. Claudio Descalzi also commented on the recent agreement between the government of Kazakhstan and the Kashagan partners, which resolved a number of operational, financial, and ecological matters. “This agreement provides further momentum to achieve the earliest safe restart of Kashagan production and reinforces our strategic decision to continue investing in Kazakhstan, a country with supergiant oil and gas fields and a positive investment climate. These factors are particularly relevant in the current volatile market, which requires our industry to be increasingly selective in the capital investment programs.‘ Eni has been present in Kazakhstan since 1992, where it is co-operator of the Karachaganak field and participates in the North Caspian Sea PSA consortium, responsible for the operations related to the Kashagan field.

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    Tue, 23 Dec 2014

  2. NYPA Trustees elect Robert F. Lurie as Power Authority's Chief Financial Officer

    The New York Power Authority (NYPA) Trustees on Thursday, May 22, elected Robert F. Lurie to serve as NYPA’s executive vice president and chief financial officer, responsible for overseeing the financial operations of the statewide public power utility, which owns and operates 16 power plants and ...

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    Fri, 23 May 2014

  3. Surgutneftegas commissions hydrocracker

    Russia’s Surgutneftegas has commissioned a 98,000-b/d hydrocracker at its 335,900-b/d Kirishinefteorgsintez refinery near St. Petersburg.

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    Thu, 2 Jan 2014

  4. Russian power distributors face bankruptcy, warns investor

    A leading investor in Russia's electricity market says conditions are so bad that in the industry that there will be bankruptcies in the industry in the first quarter of 2009.

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    Thu, 20 Nov 2008