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MOSCOW, December 3 (RIA Novosti) - British...

MOSCOW, December 3 (RIA Novosti) - British company Imperial Energy said on Monday it had increased output at its oil deposits in Western Siberia by 17.6% to 10,000 barrels per day. Imperial Energy, a British company focused on oil exploration and production in former Soviet republics, holds licenses to explore and develop oil deposits in Russia"s Tomsk Region. "Imperial has achieved its year end production target of 10,000 bbl/d - currently producing at a rate of 10,000 bbl/d, which continues to increase," the company said in a statement. According to Imperial Energy"s reserve audit data as of December 31, 2006, the company"s "proven plus probable" reserves amount to 802.6 million barrels. Imperial Energy earlier said it plans to produce 10,000 barrels per day by late 2007, 25,000 bbl/d by late 2008, and 35,000 bbl/d by late 2009. Imperial Energy said it had invested $600 million in the development of its oil deposits in Russia.


Police have found an arms cache in the Republic...

Police have found an arms cache in the Republic of Ingushetia in Russia"s volatile North Caucasus region, a local police spokesman said on Sunday.


(Adds details, background, Lavrov and Gryzlov quotes in paras 2-8)

(Adds details, background, Lavrov and Gryzlov quotes in paras 2-8)

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MOSCOW, October 5 (RIA Novosti) - Russia...

Russian Energy Minister and his British counterpart Ed Miliband signed on Monday a memorandum of mutual understanding.

"According to the memorandum, by the end of the year, a project of priority measures is expected to be developed," Shmatko told a news conference, following a signing of the memorandum. "We have agreed that Russia will propose a range of investment projects within the next month."

He did not elaborate on concrete projects and companies, saying details would be finalized during project development.

Shmatko also said a special working group is to be created in order to consider projects in ten various fields of the energy efficiency sphere, adding that the companies involved in the projects would be provided with par finance terms.

Ed Miliband said Russia and Britain could exchange their experience in the fields of heating and renewable energy sources.

In June 2008, Russian President Dmitry Medvedev urged an increase in the country"s

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