Sasol-Chesapeake-Statoil apply to explore for shale gas in Karoo

South Africa’s Sasol is taking steps to join the global search for shale gas. Shale has for long been considered a rock too difficult to drill, but the breakthrough of horizontal drilling and hydraulic fracturing has opened up shale along with...

Russian mining industry showing some signs of recovery

Last December, the Russian mining industry felt beleaguered by the global recession. That month, Norilsk Nickel CEO Vladimir Strzhalkovsky issued an appeal to the Kremlin. “The industry is in a very difficult situation now. The revenues of...

Russian mining industry showing some signs of recovery

Last December, the Russian mining industry felt beleaguered by the global recession. That month, Norilsk Nickel CEO Vladimir Strzhalkovsky issued an appeal to the Kremlin.

Russian gas major broadens its interests in Nigeria

RUSSIAN gas giant Gazprom is expanding its activities in Nigeria, with the signing of a Memorandum of Understanding (MoU) with the New Nigeria Development Company (NNDC) to study three oil and gas exploration blocks in northern Nigeria. The...

Gilbertson expected to chair giant Russian aluminium producer

Russia's two biggest aluminium companies plan to combine and create the world's largest producer of the metal, tightening President Vladimir Putin's control over the nation's raw materials industries. Putin approved a proposal for OAO Russian...