A friendship forged in spying pays dividends in Russia today

Article Abstract:

Matthias Warnig, head of Dresdner Bank AG in Russia is very much in the business forefront and has been nominated to the board of directors of OAO Gazprom. He is an associate of Russian President Vladimir Putin going back to East Germany in the 1980's when Mr. Putin was with the KGB and Mr. Warnig, East Germany's Stasi.

Commercial Banks, Germany, Executive changes & profiles, Russia, Natural gas liquids, Oil & Gas Extraction, Oil and Gas Extraction, Banking industry, Officials and employees, Economic aspects, Political aspects, Appointments, resignations and dismissals, Biography, Gas industry, OAO Gazprom, Personality profile, Dresdner Bank AG (Frankfurt, Germany), Petroleum and gas industry software, Warnig, Mathias

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Buyers may shift to yen for Iran oil: Japan refiners weigh dropping U.S. dollar as favored currency

Article Abstract:

Japan's biggest refiner by capacity, Nippon Oil Corp., plans to begin paying in yen for crude oil from Iran by fall of 2007. The agreement is in keeping with Iran's efforts to lower its US-dollar holdings. Nippon Oil purchases approximately 120,000 barrels per day from National Iranian Oil Co.

Government expenditures, Financial management, Foreign trade, Iran, Oil and Gas Field Services, Japan, Finance, International trade, Economic policy, Petroleum industry, Petroleum services industry, Company financing, Nippon Oil Corp., National Iranian Oil Co., 5001

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