BUSINESS
Business news from around the globe
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European company cars reduce Co2 emissions by 15% in four years according to latest GE Capital EMEA Research
New company cars across Europe’s major markets reduced their CO2 emissions by 15.2% between 2008 and 2012, according to the…
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Azerbaijan’s president accused BP of “false promises”
“Azerbaijan has not received $8.1 billion in revenues,” Aliyev told his government, accusing BP of “grave mistakes” in planning oil…
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Azerbaijan denies plans to buy Hungary debt
BUDAPEST, Sept 4 (Reuters) – Azerbaijan dismissed media reports it plans to buy Hungarian bonds, leaving Budapest to continue an…
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Turkmenistan invited to participate in TANAP
Government officials from three Turkic countries of Turkey, Azerbaijan and Turkmenistan met with the European Union officials on Monday to…
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Bulgaria starts building new gas pipeline to Romania
Bulgaria formally launched on Thursday the construction of a new pipeline to neighbouring Romania in an effort to diversify its…
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ExxonMobil begins probing Arctic with Rosneft
Russia’s main oil producer Rosneft said on Thursday it had joined forces with ExxonMobil and begun exploring the Arctic for…
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Petrobras announces a new discovery in CearAi Basin
Petrobras announced that it successfully confirmed existence of oil deposits in deepwater of Ceará Basin during drilling operations of 1-BRSA-1080-CES (1-CES-158) well. …
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Lukoil and Inpex alliance sign off on a deal in Iraq
The alliance of the Russian oil giant Lukoil and Japan’s Inpex signed a preliminary contract with the Ministry of Oil…
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Repsol starts the legal battle
After last month’s announcement that the Argentine government would be taking over the controlling stake in a joint venture and…
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Rosneft and Statoil tie the knots on the Arctic
The Russian oil and gas giant Rosneft signed Arctic exploration deal with Norway’s Statoil worth $2.5 bln. Russian President Vladimir…
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