You are currently browsing the Business & Financial News weblog archives for February, 2007.

Total wants new ОPEC

It is the first time that the idea of gas OPEC creation was supported by the western company. The Total chief has declared that the gas cartel led by Russia will help to constrain a rise in prices on raw material. Actually thus the Frenchmen try to gain confidence of “Gazprom” in order to take […]

New Hershey’s policy will lead to cutting of 1 500 workplaces

Hershey, the greatest chocolate manufacturer of the USA, is going to reduce 1 500 workplaces in its supply department within the following three years as a part of the re-structuring plan. The plan foresees manufacturing of some of Hershey’s simplest products, and construction of a new factory in Monterrey (Mexico). The company will squander $575m […]

Cyprus is ready to enter Eurozone by the end of 2008

The European commission has confirmed today, that Cyprus has submitted the official application for joining to a European Currency Zone. Amelia Torres, the Eurocommission mass-media representative has declared that Cyprus has really forwarded the inquiry about readiness of the country to join Eurozone.
The Eurocommission and the European Central Bank are expected to inform on their […]

Russian- Norwegian energy cooperation

The new oil-and-gas giant - the Norwegian company created on the basis of merge Statoil and Hydro, - can make a serious competition of Russia in the market of deliveries of power resources in the countries of the continental Europe. Norway provides 15 % of all energy sector of the Western Europe. By estimations of […]

“LUKOIL” and Qatar Petroleum have signed the memorandum of mutual understanding

“LUKOIL” and Qatar Petroleum gas companies have signed the memorandum of mutual understanding concerning cooperation in the field of investigation, development and rehabilitation of oil-and-gas deposits. Such information has been represented by the “LUKOIL” mass-media service.
Today the document on oil-and-gas cooperation was signed by Vladimir Putin, Vagit Alekperov (”LUKOIL” head) and Abdallah Ben Hamad Al-Attiyah […]

Iran will continue to cooperate with International Atomic Energy Agency on 90 % of the projects

Mohammad Saidi, the vice president of the Iranian Atomic Energy Organization, has declared, that more than 90 % of projects of cooperation of Teheran with the International Atomic Energy Agency (IAEA) are continuing to be worked out.
The IAEA has decided to cut almost by half projects of the technical assistance to Iran; about 22 of […]

Venezuela has begun the scale nationalization

Scale nationalization in Venezuela is continue to grow: on Thursday Ugo Chavez government has agreed about the repayment of 82 percent share holding of the largest private power company of country Electricidad de Caracas, belonging the American company AES Corp.
Having estimated the campaign in 900 million US dollars, the Minister of Power of Venezuela has […]

What we can expect in the nearest future

Due to the resume of the message concerning changes of the climate, made up by the world leading scientists, people have already made such a big harm of an atmosphere so, that the effects of global warming are to continue within 1 000 years and even more.
According to the results of the report the world […]

EU is accused in Russia’s discrimination

Russia hopes for the more predicted foreign policy of EU and the conclusion of the long-term contract on partnership and cooperation between two parties. Sergey Lavrov, the chapter of the Ministry of Foreign Affairs of Russia, has declared about this on Wednesday.
The minister at anniversary conference of the Russian union of industrialists and businessmen has […]

“Transneft” will construct the pipeline bypassing Belarus

The “Transneft” company has approved the civil-engineering design of an oil pipeline to the Europe around of Belarus. The president of the company has informed mass-media about this.
The chief of “Transneft” has declared that they have made such decision and they will develop the Baltic pipeline system. He has also emphasized, that it is […]