Russia oil output hits post-Soviet high, small firms help
Russia's 2014 oil output hit a post-Soviet record high average of 10.58 million barrels per day (bpd), rising by 0.7 percent helped by small non-state producers, Energy Ministry data showed on Friday.
Foreign automakers taken to task in China over dealers' bloated inventories
Foreign automakers in China may struggle to dictate sales goals in the future after dealers complained to the government that inflexible targets set during a market boom obliged them to buy too much stock and bear the brunt of a drop in demand
Oil prices drop, market less worried about Libya supply
Crude oil prices tumbled on Monday, with Brent and U.S. crude hitting their lowest levels since May 2009, reversing early gains on selling by investors convinced that supply disruptions in Libya would not offset a global supply glut.
Ukraine says Russia has resumed gas flow
Russia resumed gas flows to Ukraine on Tuesday after halting them six months ago in a dispute over prices and unpaid debts, Ukraine's gas transport monopoly said.
EU's Juncker says South Stream pipeline can still be built
European Commission President Jean-Claude Juncker has insisted the $40 billion South Stream natural gas pipeline can still go ahead and accused Russia of holding EU-member Bulgaria to ransom when it said it had abandoned the project.
EU, U.S. present Russia with united sanctions, energy front
U.S. and EU leaders will on Wednesday pledge to work together on sanctions and on strengthening the energy security of Europe and Ukraine, as they seek to present a united front to Russia, a draft document said.
U.S. says to discuss possible new Russia sanctions with Europe
U.S. Secretary of State John Kerry will talk to European allies this week about imposing further sanctions on Russia if pro-Moscow separatists in Ukraine do not halt violence, a senior State Department official said on Tuesday.
Russia drops South Stream gas pipeline project, Putin blames Europe
Russia's Gazprom (GAZP.MM) on Monday cancelled a project to construct the South Stream pipeline to supply gas to southern Europe - an apparent casualty of the dispute between Moscow and the West over Ukraine.
|
