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Archive for August, 2006

Chiyoda says focusing on LNG for future growth

Japanese plant engineering company Chiyoda Corp (which is part of the Royal Dutch Shell-led Sakhalin 2 project ) will focus on expanding its core business of building liquefied natural gas (LNG) plants over the next two decades, its chief strategy officer said on Thursday.
Russia, Iran and North Africa will provide the company with the next [...]

Tuesday, August 29th, 2006

Sinopec’s Net Beats Estimates on Fuel Price Increases

China Petroleum & Chemical Corp.'s second-quarter profit rose 20 percent, beating analyst estimates, after state fuel price increases helped Asia's biggest oil refiner cut losses from producing gasoline and diesel.

Net income climbed to 12.12 billion yuan ($1.5 billion) from 10.1 billion yuan a year earlier, based on figures the company released today. Sinopec, as Beijing-based [...]

Tuesday, August 29th, 2006

No Charges Brought Against Russians Who Shot Japanese Fisherman

No criminal case will be opened against Russian border guards who detained a Japanese vessel in a fatal incident almost two weeks ago, the chief military prosecutor's office quoted by RIA Novosti said Monday.
A row broke out August 16 between Moscow and Tokyo after the border guards shot dead a Japanese crewmember on the vessel [...]

Tuesday, August 29th, 2006

Russia expects Japan to end poaching in its waters

Russia's foreign minister said Monday he hoped Japan would fulfill its pledges, and take effective action to put an end to poaching in Russian territorial waters.
A row broke out August 16 between Moscow and Tokyo after Russian border guards shot dead a Japanese crewmember on a vessel near the Kuril Islands. Russian officials said the [...]

Tuesday, August 29th, 2006

Shell Rejects Environment Report

The Royal Dutch Shell-led Sakhalin Energy venture rejected a report that it had failed to respond to a list of environmental violations.
The company, which operates the Sakhalin-2 project, has provided the authorities with all the necessary information, Sakhalin Energy spokesman Ivan Chernyakhovsky said in a statement Friday. He was responding to an earlier report by [...]

Monday, August 28th, 2006

Sakhalin Warns Japanese Boats

The Sakhalin coast guard has asked that Japan bar its fishing boats from waters near the disputed Kuril island chain, a week after Russian patrol craft fired on and seized a Japanese crab boat and its crew, a Japanese coast guard official said Friday.
The Sakhalin coast guard said in a letter that Japanese fishing boats [...]

Monday, August 28th, 2006

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