BRUSSELS, Belgium -- The European Commission (EC) announced on Tuesday (May 6th) it is sending an official notification to Bulgaria requesting more i...
According to the January-April results, Russian pipe manufacturers OMK, TMK and ChTPZ reduced their production. Vyksunsky Metal Plant (member of OMK) produced 499,27 thousand tons of pipes of different types, which is 21% less than in the first quarter of
COORDINATING COUNCIL OF OIL AND GAS EQUIPMENT USERS www.prom-oil.ru; ; telephone: (495) 745-5657; fax: (495) 411-5283 08.05. 2008 Moscow Sharp pipe price increase might cause equipment purchase reduction The oil and gas industry is the main customer for a large
Vladimir Putin said at the plenary meeting in the State Duma today, "To stimulate oil production and processing, the time is right to decide on reduction of tax burden on this sector of the economy". Putin also said regarding the
Norwegian oil company StatoilHydro has issued a press release to express its concern about information from some mass media regarding its role in Shtokman gas condensate project and the company’s support of the project implementation plans. In this connection, StatoilHydro
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The chief economist at Lloyds TSB Corporate Markets has suggested that inflation was the key influencing factor in the Bank of England's decision to hold interest rates at five per cent today.
Despite the difficult balancing act between rising inflation and slowing economic growth, the Bank of England should have cut interest rates today, the director general of the Council of Mortgage Lenders (CML) has said.
Commenting on today's decision from the Bank of England to hold interest rates at five per cent, Legal & General has suggested that it is "just a matter of time before the next quarter cut".
