English Edition

Kazakh PM Halts Oil Exports Via Georgia - Govt

Δευ, 11 Αυγούστου 2008 - 21:42

ALMATY, Kazakhstan (Dow Jones)--Kazakh Prime Minister Karim Masimov Monday ordered Kazakh oil exports through Batumi, a Georgian Black Sea port, to be stopped and said the oil should be redirected to the local market because of the conflict between Russia and Georgia, according to the government.

Gov’t shortly to unveil new regulations on fuel trading

Δευ, 11 Αυγούστου 2008 - 16:28

The Competition Commission is shortly expected to issue two key documents on fuel trading. The first will be a ruling on what it has described as a “harmonized” discounting policy among the top two distributors, Shell and BP, for unleaded gasoline, while the second will contain recommendations for bolstering competition at all stages of fuel trading.

Power unit at Aliveri illustrates PPC delays

Δευ, 11 Αυγούστου 2008 - 16:11

The program for replacing the old electricity-producing plants of the Public Power Corporation (PPC) seems to be hanging by a thread. This is confirmed by the decision by the corporation’s administration last week to demote its general production director, Avraam Mizan, as well as the data it presented to the governing board to back its decision.

Saddam-Era Oil Deal With China Seen Revived End Aug - Oil Min

Δευ, 11 Αυγούστου 2008 - 12:48

The Iraqi government by the end of the month is expected to revive a contract signed by Saddam Hussein's regime allowing a state-owned Chinese oil company to develop a giant oil field, Iraq's oil minister said Sunday.

War Could Impact Ukraine Gas Shipments -Troika

Δευ, 11 Αυγούστου 2008 - 12:45

Ukrainian Involvement in Georgian War Could Endanger European Gas Supply

EU Maps Out Diplomatic Role In Russia-Georgia Clash

Δευ, 11 Αυγούστου 2008 - 12:38

The E.U., which has taken a tough line to Russia's actions in Georgia, should remain firm to be a credible negotiator while tempering the tone of some of its eastern Europe members, some analysts said Sunday.

DJ Iran, Algeria Look To Set Up OPEC Style Gas Cartel - Report

Δευ, 11 Αυγούστου 2008 - 12:32

DUBAI (Zawya Dow Jones)--Iranian and Algerian officials will examine establishing an organization of natural gas producing countries in the style of OPEC during an ongoing meeting in Tehran, pan-Arab daily Asharq Al Awsat reported Sunday.

Russian-Georgian Postal, Sea Links Severed - Reports

Δευ, 11 Αυγούστου 2008 - 12:28

MOSCOW (AFP)--Postal links and maritime traffic between Russia and Georgia have been severed amid the two countries' armed conflict, Russian news agencies reported Monday, citing officials.

Georgia Not Reliable For Oil Transit - Troika

Δευ, 11 Αυγούστου 2008 - 12:25

Georgian War Illustrates Fragility of Major Transit State

BP Taking Measures to Protect BTC Line

Δευ, 11 Αυγούστου 2008 - 12:22

DUBAI (Zawya Dow Jones)--BP PLC (BP) is taking "all necessary precautions" to protect its Baku-Tbilisi-Ceyhan oil pipeline amid the ongoing violence between Georgian and Russian forces in South Ossetia, the company said Sunday.

DJ State Oil Co: Azerbaijan Halts Oil Exports Via Georgian Ports

Δευ, 11 Αυγούστου 2008 - 12:20

BAKU (AFP)--Azerbaijan has halted oil exports via the Georgian ports of Batumi and Kulevi due to clashes between Russia and Georgia, the head of the state oil company said Saturday.

Commodities Report:Oil Mkt Remains Vulnerable

Παρ, 8 Αυγούστου 2008 - 11:54

Though demand for fuels is eroding fast, especially in the U.S., the global oil market remains tight, susceptible to sudden external shocks able to arrest the recent downdraft in prices.

US Rice Says Iran Has 'Way Out' But Repeats Sanctions Threat

Παρ, 8 Αυγούστου 2008 - 11:52

U.S. Secretary of State Condoleezza Rice threatened Iran with more sanctions Thursday after it failed to give an adequate response to the latest bid by Western powers to induce it to freeze uranium enrichment.