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2014-08-04 18:25:00

SANCTIONS: AUSTRIA WILL COPE

SANCTIONS: AUSTRIA WILL COPE

Austria will feel a pinch but be able to handle European sanctions against Russia over its role in Ukraine's political crisis, Economy Minister Reinhold Mitterlehner said.

Companies in the high-tech and agricultural sectors would feel the impact the most, he told broadcaster ORF in an interview aired on Saturday. "But overall I think we will cope with the sanctions," he added.

Mitterlehner did not specify which companies might be hit by the sanctions formally adopted by the European Union on Thursday, which include export bans on advanced oilfield equipment.

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Tags: SANCTIONS, RUSSIA, AUSTRIA, EU, CAT, OIL, GAS
Chronicle:
SANCTIONS: AUSTRIA WILL COPE
2019, October, 18, 11:25:00
ROSNEFT, CHEVRON FOR VENEZUELA
During a meeting in Moscow last month, Russian President Vladimir Putin and Venezuelan President Nicolas Maduro, who has already threatened to nationalize Chevron's assets, discussed the possibility of Rosneft taking over Chevron's Venezuelan operations, sources said.
SANCTIONS: AUSTRIA WILL COPE
2019, October, 18, 11:20:00
UAE INVESTMENT FOR INDIA $4 BLN
This is the next step of BASF’s and Adani’s investment plans as announced in January 2019. With the inclusion of ADNOC and Borealis as potential partners, the parties are examining various structuring options for the chemical complex that will leverage the technical, financial and operational strengths of each company. The total investment is estimated to be up to US$4 billion.
SANCTIONS: AUSTRIA WILL COPE
2019, October, 18, 11:15:00
SANTOS REVENUE $1 BLN
Record quarterly production and sales volumes • Third quarter production of 19.8 mmboe was a record for Santos and 32% up on the corresponding quarter • Production was 7% higher than the second quarter with higher production from all Australian assets • Record sales volumes of 25.2 mmboe were 25% higher than the corresponding quarter • Sales revenue of $1,030 million was the second highest quarterly revenue on record
SANCTIONS: AUSTRIA WILL COPE
2019, October, 18, 11:10:00
U.S. INDUSTRIAL PRODUCTION DOWN 0.4%
Industrial production fell back 0.4 percent in September after advancing 0.8 percent in August. For the third quarter, industrial production rose at an annual rate of 1.2 percent following declines of about 2 percent in both the first and the second quarters.
SANCTIONS: AUSTRIA WILL COPE
2019, October, 18, 11:05:00
BAKER HUGHES CHANGES NAME
Baker Hughes, a GE company (NYSE: BHGE) announced today its successful name change to Baker Hughes Company. The Company will be known as Baker Hughes, and on Oct. 18, 2019, its Class A common stock will begin trading on the New York Stock Exchange under the symbol “BKR”.
SANCTIONS: AUSTRIA WILL COPE
2019, October, 16, 13:25:00
OIL PRICE: NEAR $59 ANEW
Brent slipped 16 cents to $58.58 a barrel, WTI gained 2 cents to $52.83.
SANCTIONS: AUSTRIA WILL COPE
2019, October, 16, 13:05:00
RELATIONS OF RUSSIA, SAUDI ARABIA
The expansion of interaction with our Saudi partners along the entire chain of cooperation for us, in essence, is the creation of a new alliance in order to maintain our competitiveness in world markets and to develop the national and world energy in general.
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