Search Results for: gas
Chinese Authorities probe into Pegasus
July 29th, 2014
Pegasus Communications, a subsidiary of the American public relations firm Edelman, says that its Beijing office was visited last week by the “relevant authorities” and that it was cooperating with an investigation. No details were released about which authorities ...
Tax Breaks introduced for Russia-China Gas Deal
July 28th, 2014
Following a major 30-year gas supply deal signed by the Russia and China on May 21, 2014, the two countries are discussing the introduction of tax breaks on both sides of the border. Gazprom, Russia’s state-owned gas company, signed an agreement ...
Oil and Gas Drilling in Britain will expand
July 28th, 2014
The British government considers to make more land available for licensing for oil and natural gas exploration in the first such expansion since 2008. The move, which had been anticipated by the oil and gas industry, could prove to ...
West TX Oil Near $102 on Gasoline Supply
July 10th, 2014
West Texas Intermediate fell for a 10th day, the longest losing streak on record, after government data showed U.S. gasoline stockpiles expanded amid reduced demand in the world’s biggest oil user. Brent dropped in London. Futures declined as much ...
U.S. Oil Near $102 as Weak Gas Demand Stokes Fears
July 10th, 2014
U.S. crude shed more than $1 and Brent fell on Wednesday, as a rise in U.S. gasoline inventories signaled weak demand, and a restart of a Libyan oilfield helped ease supply worries. Gasoline stockpiles rose 579,000 barrels, data from ...
10 IGAs Join ‘In Substance’ FATCA List Just Before July 1
July 7th, 2014
Ten further foreign jurisdictions were included by the United States Treasury in its latest monthly list, issued on July 1, 2014, as having reached agreements in substance on June 30, 2014, on the terms of intergovernmental agreements (IGAs) under ...
GASB’s OPEB proposals may have big impact
June 17th, 2014
Proposed new accounting standards for other post-employment benefits (OPEB) published Monday by GASB are expected to have a significant impact on state and local government financial statements. GASB’s work on OPEB is intended to complement its development of new ...
Ukraine crisis: Kiev faces halt to gas supply
June 16th, 2014
Gazprom has reaffirmed its Monday deadline for Ukraine to pay its debts after talks between Moscow and Kiev ended without agreement. The Russian gas giant said it will cut Ukraine’s supply if Kiev fails to pay $1.95bn (£1.15bn) by ...
Russia-China Gas Pact Stirs Dream of Bridge Across Amur
June 6th, 2014
In winter, Russian shoppers drive cars across the frozen Amur River to buy knock-off Nike sneakers from Wu Haiou’s stall in the Chinese city of Heihe. In warmer months, they come by hovercraft and ferry. Russia’s $400 billion deal ...
ASIC obtains extension of injunction freezing bank accounts of Sino Australia Oil and Gas Limited
June 3rd, 2014
The Australian Securities and Investments Commission (ASIC) has obtained orders in the Federal Court in Melbourne extending an injunction restraining Sino Australia Oil & Gas Ltd (SAO), an ASX-listed entity, from transferring company funds from two accounts it holds ...