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2014-03-22 08:15:00

TIMCHENKO HAD SOLD GUNVOR

TIMCHENKO HAD SOLD GUNVOR

REUTRES. Minutes after the U.S. government said Thursday it would punish the Russian co-owner of the world's No.4 private oil trading firm Gunvor SA with crippling sanctions, traders and bankers active in global oil markets began asking urgent questions.

Could the sanctions, which prohibit U.S. banks, individuals and companies from doing business with Russian billionaire Gennady Timchenko or firms he controls, possibly freeze the Geneva-based trading empire that Timchenko co-founded out of global commodity markets? Skittish counterparties and financiers scrambled for details, fearing they could be…

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Tags: GUNVOR, TIMCHENKO, PUTIN, RUSSIA, OIL
Chronicle:
TIMCHENKO HAD SOLD GUNVOR
2019, December, 6, 13:35:00
GCC ECONOMY GROWTH 0.8%
overall real GDP growth in the GCC is estimated to drop to 0.8% this year compared with 2% last year.
TIMCHENKO HAD SOLD GUNVOR
2019, December, 6, 13:25:00
TREBLING NUCLEAR POWER
Renewable energy sources alone are not capable of fully decarbonising the economy, but they can complement nuclear energy in achieving this goal. The nuclear industry, led by World Nuclear Association, has set the Harmony goal for nuclear energy to provide 25% of global electricity by 2050. This will require trebling nuclear generation from its present level.
TIMCHENKO HAD SOLD GUNVOR
2019, December, 6, 13:20:00
NUCLEAR POWER FOR AUSTRALIA
The use of nuclear energy is currently banned under federal law in Australia. Over half those surveyed - 54% - were unaware of this.
TIMCHENKO HAD SOLD GUNVOR
2019, December, 6, 13:15:00
RUSSIA'S NUCLEAR FUEL FOR INDIA
TVEL JSC has shipped to India the final consignment of uranium fuel pellets for BWR reactors and thereby fulfilled the relevant contract with the Department of Atomic Energy of the Government of India. The total volume of the supplied fuel pellets exceeded 50 tons, all shipments have carried out in 2019.
TIMCHENKO HAD SOLD GUNVOR
2019, December, 6, 13:10:00
RUSSIA'S NUCLEAR FUEL FOR BULGARIA
TVEL JSC and Kozloduy NPP have signed contractual documents for supplies of Russian nuclear fuel to the Bulgarian nuclear power plant for the period up to and including 2025.
TIMCHENKO HAD SOLD GUNVOR
2019, December, 6, 13:05:00
U.S. INTERNATIONAL TRADE DEFICIT $47.2 BLN
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $47.2 billion in October, down $3.9 billion from $51.1 billion in September,
TIMCHENKO HAD SOLD GUNVOR
2019, December, 6, 13:00:00
U.S. COAL COMPANIES DOWN
The market capitalization of five of the top 10 U.S. coal companies was sliced by more than half from early January to mid-November 2019.
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