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breakingnews
06.05.2009, 21:15
Russian tycoon Oleg Deripaska has found a new owner for the nearly-bankrupt UK van maker LDV, with Malaysian automobile producer, Weststar, stepping in at the 11th hour.
06.05.2009, 12:24
Major Russian gold and silver producer, Polymetal, has posted a FY 2008 Net Loss of $15.7 million under U.S. GAAP.
06.05.2009, 05:57
Russian steel companies were on a major overseas shopping spree in recent years. But the downturn means most of those companies are scaling back their foreign operations.
29.05.2009, 13:41
Italian Prime Minister Silvio Berlusconi is supporting calls for the EU to provide financing for Ukraine’s gas transit needs, saying he will submit a proposal to the Council of Europe to cover part of Ukraine’s costs.
29.05.2009, 19:46
Russia has been warning of the possibility of a yet another gas crisis as Ukraine is again facing problems with gas payments, and is calling on Europe to give it a hand and jointly lend the to the transit country.
01.06.2009, 17:26
Russian Finance Minister Alexei Kudrin has announced that Russia has asked the IMF to look at Ukraine’s capacity to pay for gas.
08.06.2009, 19:17
Gazprom says it has received payment from Ukraine for gas supplied in May averting another crisis for now. But Gazprom says problems are just postponed to next month as Ukraine may fail to pay its gas bills in June.
27.06.2009, 00:54
Gazprom has no doubt Ukraine will pay for gas deliveries on time this month. Ukraine’s Naftogas will buy only a third of the gas it contracted for - but without penalties.
29.06.2009, 22:46
President Dmitry Medvedev's visit to Baku on Monday, has seen Gazprom strike a deal to buy Azeri natural gas, and further cement energy ties between the resource-rich Caspian Region states.
18.11.2009, 10:07
The head of Nord Stream, says construction will start as planned, on April 1 2010, despite reports of further delays, with project partners warning of difficulties raising $12 billion dollar they need to finance it.
Published: 07 May, 2009, 03:07
Europe is about to hold more talks this week over the diversification of gas transit routes - this time in Prague - with the Nabucco pipeline project again the main topic on the agenda.
