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Poolside photos of 59-year-old Christie Brinkley are a Web sensation
MOSCOW, July 23 (UPI) -- Italian energy company Eni announced Monday it signed an agreement with Russia's Rosneft for joint work in the Barents and Black seas.
Eni Chief Executive Officer Paolo Scaroni and Rosneft Vice President Igor Pavlov signed an agreement Monday in Moscow to formalize an April deal for joint work in the region.
"Today's signing represents another important step toward the commencement of exploration activities in two areas of great mining potential and strengthens the partnership between Eni and Rosneft, which is strategic for the development of Eni's activities in the Russian upstream," Eni stated in a statement.
Monday's deal is specific to financing the joint work in the Fedynsky and Tsentralno-Barentsevsky licenses in the Barents Sea and the Zapadno-Cernomorsky in the Black Sea. Eni, under the terms of the agreement, represents a 33.3 percent interest in a joint venture with Rosneft.
The Italian energy company estimates there are at least 36 billion barrels of oil equivalent in recoverable reserves in the deposits on Russia's continental shelf.
No financial aspects or timelines for development were announced.
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BEIJING, June 20 (UPI) --
A pipeline slated to carry natural gas reserves from Chinese shale deposits would be the first project of its kind in the country, a Chinese company said.
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RIYADH, Saudi Arabia, June 19 (UPI) --
Britain's BAE Systems, Europe's biggest defense company, reportedly expects to wrap up a price deal with Saudi Arabia for 72 Eurofighter Typhoon combat jets after two years of tortuous negotiations.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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