Prime Minister Manmohan Singh has agreed to inaugurate crude oil output at Cairn India’s prolific Rajasthan block this month, petroleum minister Murli Deora declared on Wednesday. For full story, click here
Cooperation between Venezuela’s Petroleos de Venezuela & Russia’s largest energy firms, is expected to be part of the agenda. Russian energy minister Sergei Shmatko said: The consortium, to be set up next spring, will include Russia’s Gazprom, Rosneft, TNK-BP, Surgutneftegaz and LUKoil, and that investment from the Russian companies would total tens of billions of dollars. [...]
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