staff reporter

Turkey: Oil to flow in Baku-Ceyhan pipeline by mid 2005

The end is in sight for the Baku-Tbilisi- Ceyhan (BTC) Crude Oil Pipeline Project designed to transfer Caucasian oils to the global market.

November 11, 2004


Russian government concerned over possible depletion of mineral resources

The sustainable development of the Russian mineral resources sector requires its demonopolization, according to Russian Natural Resources Minister Yuriy Trutnev.

November 11, 2004

Oil Eases Below $50 Ahead of U.S. Vote

Oil prices eased further below $50 a barrel on Tuesday, extending a week-long bout of profit-taking that has cut more than $5 from record-high crude ahead of the U.S. presidential election.

November 1, 2004

Nymex launches Dublin oil trading

US energy exchange Nymex has set up a new oil trading floor in Dublin, Ireland, in a move it hopes will lure disenchanted dealers from London.

October 31, 2004

Nigeria strike call targets Shell

Nigeria’s main trade union body is planning a second general strike over fuel price rises, and has warned it will target oil exports.

October 31, 2004

It’s time for an alternative fuel

Energy production through oil and gas has already peaked and ‘depletion of resources cannot be solved just by switching over to alternative sources’ said M S Srinivasan, India’s additional secretary of the Union Ministry of Petroleum and Natural Gas.

October 29, 2004

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