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In London, the July Brent Crude contract was up $4.04 on May 29 to $126.89 per barrel on the ICE Futures exchange. Light Sweet Crude for July delivery fell $4.14 to $126.62 on the New York Mercantile Exchange, Finmarket reports. Source: Portnews
ASTANA, May 29 (RIA Novosti) - Kazakhstan has ratified a treaty with Azerbaijan allowing Kazakh crude to be pumped through a pipeline linking Azerbaijan's Caspian coast to Turkey's Mediterranean coast, the presidential administration said. Kazakh President Nursultan Nazarbayev signed a law on Thursday ratifying the treaty on the Baku-Tbilisi-Ceyhan pi...
Russia's Foreign Ministry urged Somali authorities on Thursday not to take action that could jeopardize the safety of Russian and Filipino crew members aboard a Dutch vessel recently seized by pirates, RIA Novosti reports. The cargo vessel Amiya Scan, under the flag of Antigua and Barbuda, was captured by Somali pirates in the Gulf of Aden on Monday w...
Russian energy giant Gazprom and South Korea's gas corporation Kogas have agreed to set up a working group on gas supplies to South Korea, the head of Russia's industrial safety watchdog said on Thursday according to RIA Novosti. Gazprom and Kogaz will set up a working group to address issues concerning natural gas supplies to South Korea through a ga...
Chinese mainland imported 456,000 tons of agricultural products worth 540 million U.S. dollars from 2005 to April 2008, a Chinese mainland official said Friday. Yang Yi, spokesman of the Taiwan Affairs Office of the State Council, made the remarks at a press conference here. Source:Xinhua
SHANGHAI: China's largest steelmaker Baosteel Group may buy a stake in Australian iron ore miner Fortescue Metals Group Ltd to ensure stable raw materials supply. Baosteel will seek a stake in Fortescue when both sides reach an accord on a number of things, including common goals, development strategy and market positioning, said Xu Lejiang, chairman o...
Tianjin Binhai New Area is working on the detailed regulations for the country's first OTC (over-the-counter) market, with the threshold for companies seeking trade in the market set to be even lower than that for the Growth Enterprise Board, experts said at a financial forum in Tianjin yesterday. We are still finalizing the regulations, but the requir...
Zhou Xin finds the picture of a giant test tube outside the European Commission building in Brussels a little unsettling. It's an advertisement for REACH, the new European Union regulation on chemical manufacturing and imports, which comes into effect from June 1. Zhou, an expert with the Chinese Academy of Inspection and Quarantine, and many others li...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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