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Iran Issues Tender For Construction Of Liquid Gas Plant

Δευ, 25 Αυγούστου 2008 - 11:50

National Iranian South Oil Co., or NISOC, has invited companies to bid for the contract to build a liquid gas plant in southern Iran, the oil ministry's official Shana Web site reported Monday.

Russian Upper House Recognizes Georgian Regions' Independence

Δευ, 25 Αυγούστου 2008 - 11:49

Russia's upper house of parliament Monday voted in support of recognizing the independence of two Georgian regions, Abkhazia and South Ossetia.

Moscow Prosecutor Challenges Expulsion Of TNK-BP CEO

Δευ, 25 Αυγούστου 2008 - 11:47

The Moscow court that banned the chief executive of Anglo-Russian oil producer TNK-BP Holding (TNBP.RS) from office broke with proper legal procedure, the Moscow prosecutor's office ruled Friday, business daily Vedomosti reported.

Public Debt Figure Overruns Target

Παρ, 22 Αυγούστου 2008 - 16:41

Greece’s public debt in the first half of the year reached 252 billion euros, exceeding the government’s annual target, as data released yesterday showed a large portion of the debt burden will be further pushed onto future generations.

Positive response to price restraint

Παρ, 22 Αυγούστου 2008 - 16:39

Falling international oil prices are paving the way for businesses to show price restraint in the autumn in a move expected to help rein in Greece’s inflation, the president of the country’s chambers of commerce said yesterday. In response to rising international oil prices pushing up inflation to 10-year highs over the last few months, the Development Ministry has been calling on businesses to implement price freezes in order to show “sensitivity to the community.”

Dollar Not Geopolitics Steers Oil - Petromatrix

Παρ, 22 Αυγούστου 2008 - 13:55

US dollar not geopolitics steering are oil prices says Olivier Jakob of Petromtraix. "Ten days ago, the BTC pipeline was on fire, bombs were falling on Georgia, the US stocks were reported lower than expected but the price of oil was moving down," he says

Russian Troops Begin Withdrawing From Gori - Tbilisi

Παρ, 22 Αυγούστου 2008 - 13:46

TBILISI, Georgia (AFP)--Russian forces have begun withdrawing from the flashpoint Georgian city of Gori and have promised to leave there by 1700 (1300 GMT), a senior Georgian official told AFP Friday.

Tight Europe Supply May Curb Fuel Oil Flow To East

Παρ, 22 Αυγούστου 2008 - 13:43

SINGAPORE (Dow Jones)--Falling freight rates have re-opened the West-to-East fuel oil arbitrage window after a hiatus in the early third quarter, but tight oil supply and strong bunker fuel demand could restrict the flow from Europe to Singapore.

Russia Tells NATO It Is Halting Military Cooperation

Παρ, 22 Αυγούστου 2008 - 13:40

BRUSSELS (AFP)--Russia informed the North Atlantic Treaty Organization Thursday that it is halting military cooperation, an Alliance spokeswoman said.

Russian Co Seen Likely To Gain From Any Imperial Bid

Πεμ, 21 Αυγούστου 2008 - 13:24

LONDON (Dow Jones)--London-listed Imperial Energy Corp. PLC (IEC.LN) is expected to receive a formal bid for its shares within days, which, in turn, may open Imperial's assets for a Russian state-controlled company.

PPC Looks to Peer in Cyprus

Πεμ, 21 Αυγούστου 2008 - 13:17

Power utility Public Power Corporation (PPC) is examining ways to develop ties with its Cypriot peer, the Electricity Authority of Cyprus, in different fields including research and environmental issues. According to sources, executives from the two companies recently met at PPC’s offices in Athens where they agreed to look into jointly supplying Cyprus and Crete with natural gas.

China Has Imported 10M Tons Oil Through Kazakh Pipeline-Xinhua

Πεμ, 21 Αυγούστου 2008 - 13:17

BEIJING (Dow Jones)--China has imported 10 million metric tons of crude oil, or 73 million barrels, from Kazakhstan through a cross-border pipeline since it was commissioned in 2006, the Xinhua News Agency reported.

Inflation Easing on Lower Fuel Prices

Πεμ, 21 Αυγούστου 2008 - 13:12

Greece’s headline consumer inflation rate is seen decelerating to an annual pace of 4.7 percent in August from 4.9 percent in July, due to falling gasoline prices, according to a source at the National Statistics Service (NSS), the government’s statistics office.