Gazprom goes on the offensive

Article Abstract:

Alexander Medvedev, OAO Gazprom of Russia reports that the petroleum giant did not cut gas supplies to the Ukraine, Moldova and Belarus, their contracts expired. After years of receiving inexpensive gas from OAO Gazprom these Eastern bloc countries would not agree to pay market prices. The petroleum giant is planning to invest $20 billion on developing pipelines with China and increasing production.

Eastern Europe, Management dynamics, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Natural gas liquids, Petroleum refining, Oil & Gas Extraction, Oil and Gas Extraction, Management, Russia, Gas industry, Company business management, OAO Gazprom, Company overview, Financial report, Medvedev, Alexander

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Europe's leaders, already divided, dig in for battle

Article Abstract:

European Union leaders, after a failed Summit, are becoming entrenched in their differences over political and economic policy for Europe. Tony Blair is to become the next European Union President and he has stated an intent to have Europe adopt free-market changes and reduce farm subsidies.

United Kingdom, Europe, Government expenditures, Economic aspects, Blair, Tony, Economic policy, Political aspects, European Union, Politics, Heads of state

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