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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
2018, January, 19, 12:15:00

S.KOREA'S DIVERSIFICATION

PLATTS - For full-year 2017, South Korea's crude imports from its biggest supplier Saudi Arabia fell 1.7% to 319.02 million barrels, compared with 324.45 million barrels in the previous year, customs data showed. On the contrary, South Korea has imported 1.77 million mt, or around 13 million barrels, of crude from the US in 2017, about four times higher than in 2016. Shipments from Russia grew to 140,000 b/d last year from 112,000 b/d in 2016.

COLT MADE THEM EQUAL
2018, January, 19, 12:10:00

ADNOC'S 2030 STRATEGY

AOG - ADNOC’s 2030 strategy, he said, aims to capitalise on predicted global economic growth and demand for oil and petrochemical products, particularly in non-OECD countries. As its business responds to changing market dynamics, the company will continue to broaden its partnership base, strengthen its profitability, adapt to new realities and expand market access.

COLT MADE THEM EQUAL
2018, January, 19, 12:05:00

TOSHIBA SELLS WESTINGHOUSE

WNN - Under the terms of the assignment and purchase agreement it has signed with Nucleus and Brookfield, Toshiba will sell its rights to assert claims against Westinghouse related to the parent guarantees in the amount of $5.788 billion, and on account of other claims Toshiba holds against Westinghouse in the amount of $2.284 billion to Nucleus, for the sale price of $2.160 billion.

COLT MADE THEM EQUAL
2018, January, 17, 23:50:00

OIL PRICES: NOT ABOVE $70 YET

REUTERS - Brent crude futures LCOc1 were at $69.23 a barrel at 0808 GMT, up 8 cents from their last close, but down from a high of $69.37 earlier in the day. Brent on Monday rose to $70.37 a barrel, its highest since December 2014, the start of a three-year oil price slump. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $63.84 a barrel, down from a high of $63.89 earlier, but up 11 cents from their last settlement. WTI hit $64.89 on Tuesday, also the highest since December 2014.

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