FEBRUARY, 2005

February 28
Ukraine, Georgia agrees to reverse oil flow
AP

Venezuela`s SUELOPETROL with consortium of Latam companies get Pemex award of $645.3M for Pirineos gas block
Petroleumworld

DRS Technologies Awarded $21.3 Million Contract to Produce Battlefield Digitization Systems for the U.S. Army
DRS Technologies (press release)

EPIIC Symposium 2005 | Corruption, need for reform are some reasons for oil crises around the world
Tufts Daily

Oil prices shoot up on Saudi minister, cold snap
Middle East Online

February 25
Yukos Loses Bid in U.S. Court to Thwart Russian Asset Seizures
Bloomberg

Kyrgyzstan votes in afterglow of Ukraine's Orange Revolution
Financial Times

Venezuela´s Ramirez: Royalty taxes on heavy oil "not negotiable"
Petroleumworld

Nigeria: NEPA, NNPC Face-Off Cripples Power Supply
This Day

Gulf states set to sell more oil to Germany
Reuters

February 24
Joint Statement by President Bush and President Putin on U.S.-Russian Energy Cooperation
White House (press release)

Survey indicates high corruption level
AzerNews

China to accept tenders for four nuclear reactors next week
AFP

Uganda's Economy is Stalling, Says IMF
New Vision

YEMEN: World Bank gives praise but calls for more reform
IRIN

Azerbaijan rejects Russia's oil tariff proposal
AzerNews

In OAS address, Venezuela´s Foreign Minister calls for comprehensive, multidimensional approach to democracy
Petroleumworld

Repsol-YPF plans new investments into oil projects in Iran, Algeria and Libya
Mena Report

February 23
National Union of Petroleum and Natural Gas Workers Calls for Transparency
Daily Champion

Romania vows economic reforms in bid to join EU
MarketWatch

ExxonMobil resisting new Venezuela´s royalty tax in Cerro Negro heavy oil Faja operation
Petroleumworld

MAURITANIA: Petro-dollars could be a catastrophe, government critics warn
IRIN

White Nile insists SPLM have full authority for oil deal in south Sudan
Sudan Tribune

The Unmaking of the Liberian Economy
Liberian Observer

February 22
Chad: Oil Transparency Loopholes
AfricaFocus

Kazakh President Nazarbayev Proposes Central Asian Union on the EU Model
Fund Kazakhstan (press release)

PDVSA´s Ramirez: CITGO will not be sold, only its bad units
Petroleumworld

Nigerian Nat'l Assembly Moves to Stop Incessant Hikes in Fuel Prices
Vanguard

EU, Ukraine sign three-year action plan
EurActiv

Minister: Saudi has 2 million bpd oil surplus
MENAFN

Estimated cost of new export installations project is one billion USD - Kuwait
KUNA

Nigerian Govt Shares N318bn Excess Oil Money
Vanguard

February 17
Russian oil executives arrested for embezzlement of state funds
BBC Monitoring

Nigerian Federal Government Identifies 193 Illegal Aerodromes
This Day

Two Săo Tomé ex-PMs face corruption charges
afrol News

PetroChina to spend 3.3 billion dollars to build China's largest oil plant
AFP

Looking Behind the Numbers: Shell Is World's Most Ethical Oil Company
Management and Excellence (press release)

IMF Executive Board Approves US$38.2 Million PRGF Arrangement for Chad
IMF External Relations Department (press release)

Intelligence Watch
UPI

CIA Classifies Venezuela as Top "Potentially Unstable Country"
Venezuelanalysis

LUKOIL withdrew from the Zih-Govsana project in Azerbaijan
AK and M

February 16
Angola: Angola Unable to Meet IMF Criteria, Finance Minister
UN Integrated Regional Information Networks

Aiyar to guide delegation to Kazakhstan
Sify

Caspian Pipeline Likely to Cushion Market
AP

Caspian's Central Azeri production begins
Oil & Gas Journal

Deregulation of Downstream Sector of the Nigeria Economy
Vanguard

India oil minister to visit Moscow to strike Yukos deal
AFP

BP discovers further oil in offshore Angola
AFP

February 15
Nigeria to impose controls on oil finances - Obasanjo
Reuters

New Caspian Oil Likely to Cushion Market
AP

IMF sees Cameroon progress on economic programme
Reuters

IMF to include iron-ore sales in talks with Liberia
Reuters

PetroChina plans $3.3 billion refinery expansion
Bloomberg News

PetroKazakhstan Inc. - Energy Conference Webcast
PetroKazakhstan Inc (press release)

The Crucial Petroleum Price Rumpus
Ghanaian Chronicle

February 14
Yukos Targets Gazprom in $20Bln Suit
Moscow Times

Azerbaijan Consortium Announces Pumping
AP

Gazprom unlikely to compromise with Turkmenistan
RBC

U.S. 'Troubled' by Venezuela Deals
AP

Albania Seeks to Privatise State-Owned Companies
Southeast European Times

February 11
IMF Recommends Azeri Officials to Raise Oil Prices
AssA-Irada

ExxonMobil Gives Up Caspian Project
Kommersant

Shadow of Moi era returns in Kenya corruption crisis
Reuters

Saudi men vote in landmark election
Reuters

Chavez and Uribe to Meet February 15 to Settle Venezuela-Colombia Dispute
Venezuelanalysis

Russian oil output boom slowing fast
Reuters

Leader vows to recreate banned party
Washington Times

Energy Watch
UPI

OPEC oil capacity set to rise one million bpd this year: IEA
Petroleum World

February 10
Azerbaijan: Denomination of national currency expected next year
AzerNews

Corruption diverting aid
AP

G-7 says it is keen to redress global imbalances
New Kerala

Nigeria deploys troops to quell fighting in main oil region
Oil & Gas Journal

Creation of Algeria-Morocco economic zone will make border issue 'futile', Algerian political leader
Arabic News

Kazakhstan keen to develop strong partnership with India
New Kerala

February 9
Indonesia may pull out of OPEC
UPI

Kenya closer to sealing oil deals in Saudi Arabia, Sudan
Sudan Tribune

Bahrain says it secured one billion dollars to fund oil projects
AFP

Petrol Fraud Costs Rundu Dearly
The Namibian

Yushchenko vs. Putin
International Herald Tribune

BP well-placed to avoid reserves crisis, enjoys 26 pct profits surge
AFP

February 8
Azerbaijan to Re-Denominate Its Currency
AP

Saudi oil production 9 million bpd
UPI

Delta Community Asks Chevron to Implement MOU Terms
Vanguard

Bush Pays Halliburton For Services Never Rendered
Independent Media

Energy Watch
UPI

February 7
UK pushes for more transparency
AP

Global Banking and Developing Countries – Some Observations
Azamesu

Sudan gives Indian firm $1.2b oil contract
The Standard

Militants Threaten Escravos Crude Pipeline Again
This Day

Shell posts record 2004 profit after "year of extremes"
AFP

Putin, his popularity waning, criticizes government
AFP

February 1
Nigeria/Sao Tome Ink Oil Deal with U.S. Cos
Reuters

Kazakhstan boosts mineral resources development
RBC

Venezuela enlists Iran to steer oil to China
FT

Aiyar invites US Energy Secretary
Sify

Nazarbayev steps up efforts to legalize shadow economy
Interfax

Russia to Publish Economic Data on IMF Website
MosNews

Nigeria: NNPC, Chevron to Sign $1.5bn Deal
Vanguard

Chevron's 140,000bpd Nigerian Crude Still Shut
This Day