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2014-02-20 18:40:00

COLT MADE THEM EQUAL

COLT MADE THEM EQUAL

...Stop! there he is, as sur's a gun, 
Poor, silly body, see him; 
Nae wonder he's as black's the grun, 
Observe wha's standing wi' him... (Robert Burns)

TRANSNEFT VS ROSNEFT:  HARSH STATEMENTS.

"Transneft" have reacted strongly to the proposal of "Rosneft" to become a shareholder monopoly. President Igor Sechin state company in late January suggested that the Government consider the possibility of placing additional shares of "Transneft" in favor of his company. According to the plan Sechin proceeds monopoly could develop oil pipeline system .
This hasty initiative " Rosneft " can only lead to regret , and compare it can only be unworthy of this hysteria , "- said in a statement released by the press service of" Transneft " .
"Rosneft" has created its " own coordinate system ", which is very different from the one in which " we exist ," said in a statement : " In this coordinate system , apparently , intestines dictates the rules of the game and the heart and brain, and used arithmetic very different from the present . This applies to the statements when the production decline is called by its growth , falling capitalization - increasing the company's value and debt capacity - increasing investment rating ... "
"The reaction of the press service of" Transneft " is the best illustration of the designated " Rosneft " problem when infrastructure company imposes the entire industry and the entire economy of their inherent goals and interests. Here we apply the term " transportobesiya" ." Its essence - of the situation when the goal of transportation is the transportation itself , "- said in a statement the press secretary of" Rosneft " Mikhail Leontiev .

More infirmation here.

Tags: ROSNEFT, TRANSNEFT, РОСНЕФТЬ, ТРАНСНЕФТЬ

Chronicle:

COLT MADE THEM EQUAL
October, 16, 11:50:00

SAUDI ARAMCO IPO

Saudi Arabia is considering delaying the international portion of the giant initial public offering of its state oil company until at least 2019, according to people familiar with the situation, who said a domestic share sale in Riyadh could still happen next year.

COLT MADE THEM EQUAL
October, 16, 11:45:00

SAUDI'S BANKS ARE BETTER

But we expect a rise in the sector's NPL ratio and muted credit demand in the second half of 2017 and 2018, reflecting the slowing economy. GDP growth slowed to 1.4% in 2016 from 3.4% in 2015 and we expect it to be below 1% in 2017 and 2018.

COLT MADE THEM EQUAL
October, 16, 11:40:00

OPEC EXPECTATION

The Organization of Petroleum Exporting Countries and allies including Russia have been cutting oil production this year to bring fuel inventories in industrialized nations back in line with the five-year average.

COLT MADE THEM EQUAL
October, 16, 11:35:00

JAPAN LNG INVESTMENT

The Japanese government will offer $10 billion to support firms bidding to build liquefied natural gas (LNG) infrastructure around Asia, the Nikkei business daily said on Monday.

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