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Europe News Eastern Europe

  • ST PETERSBURG, Russia, July 23- Key OPEC and non- OPEC oil nations will discuss the situation in producers including Libya and Nigeria at a meeting on Monday, Russian Energy Minister Alexander Novak told reporters on Sunday. Speculation has been swirling in oil markets that the meeting might ask Libya and Nigeria to join a production cutting deal from which they...

  • FRANKFURT, July 23- Germany has warned Russia that breaches of sanctions including the relocation to Crimea of four gas turbines delivered to Russia by Siemens are straining political relations between the two countries, Bild am Sonntag reported on Sunday. "The government has reminded Russia of these assurances again and pointed out that such a massive...

  • HOUSTON/ WASHINGTON, July 21- The United States is considering financial sanctions on Venezuela that would halt dollar payments for the country's oil, according to a senior White House official and an adviser with direct knowledge of the discussions. Sanctions prohibiting any transaction in U.S. currency by Venezuela's state-run oil firm, PDVSA, are among the...

  • MONDAY, JULY 24 TOKYO- Bank of Japan releases minutes of Monetary Policy Meeting held on June 15 and 16 2350 GMT. **BERLIN- ECB's Executive Board Member Sabine Lautenschlager gives speech at book presentation "100 Years of Women's Vote" organised by Juristinnenbund and Bundesministerium der Justiz in Berlin, Germany 1530 GMT. TOKYO- Bank of Japan Deputy Governor...

  • MONDAY, JULY 24 TOKYO- Bank of Japan releases minutes of Monetary Policy Meeting held on June 15 and 16 2350 GMT. **BERLIN- ECB's Executive Board Member Sabine Lautenschlager gives speech at book presentation "100 Years of Women's Vote" organized by Juristinnenbund and Bundesministerium der Justiz in Berlin, Germany 1530 GMT. TOKYO- Bank of Japan Deputy Governor...

  • *OPEC July production to rise 145,000 bpd- Petro-Logistics. *OPEC, non- OPEC committee to discuss oil pact in Russia. NEW YORK, July 21- Oil prices slid on Friday, settling about 2.5 percent lower after a consultancy forecast a rise in OPEC production for July despite the group's pledge to curb output, reigniting concerns the global market will stay awash with crude.

  • The industrial group said it now had credible evidence that all four gas turbines it delivered a year ago for a project in southern Russia had been illegally moved to Crimea, confirming a series of Reuters reports. The move is embarrassing for Russia, which stands accused of disregarding EU sanctions, flouting its original agreement with Siemens and going back...

  • *OPEC July production to rise 145,000 bpd- Petro-Logistics. *OPEC, non- OPEC committee to discuss oil pact in Russia. NEW YORK, July 21- Oil prices fell more than 2 percent on Friday after a consultant forecast a rise in OPEC production for July despite the group's pledge to curb output, reigniting concerns the global market will stay awash with crude.

  • *OPEC, non- OPEC committee to discuss oil pact in Russia. Petro-Logistics, which tracks OPEC supply forecasts, said OPEC crude production would rise by 145,000 barrels per day this month, taking the group's combined output above 33 million bpd. OPEC and some non- OPEC states, such as Russia, pledged to cut production by 1.8 million bpd between January this year and the...

  • *Domino's sees enormous pizza potential outside Moscow. MOSCOW, July 21- Global pizza brands Domino's and Papa John's are preparing an assault on Russia's provinces, betting they can turn a profit far from Moscow as online card payments become more widespread and consumers get to know foreign brands better. But Domino's Pizza's Russian franchisee, DP Eurasia,...

  • The industrial group said it now had credible evidence that all four gas turbines it delivered a year ago for a project in southern Russia had been illegally moved to Crimea, confirming a series of Reuters reports over the past weeks. The move is embarrassing for Russia which stands accused of disregarding EU sanctions and of flouting its original agreement...

  • *OPEC, non- OPEC committee to discuss oil pact in Russia. Petro-Logistics, which tracks OPEC supply forecasts, said OPEC crude production would rise by 145,000 barrels per day this month, taking the group's combined output above 33 million bpd. OPEC and some non- OPEC states, such as Russia, pledged to cut production by 1.8 million bpd between January this year and the...

  • *OPEC July production to rise 145,000 bpd- Petro-Logistics. *OPEC, non- OPEC committee to discuss oil pact in Russia. Petro-Logistics, which tracks OPEC supply forecasts, said OPEC crude production would rise by 145,000 barrels per day this month, taking the group's combined output above 33 million bpd.

  • MOSCOW— Russia's parliament has outlawed the use of virtual private networks, or VPNs, and other Internet proxy services, citing concerns about the spread of extremist materials. The State Duma on Friday unanimously passed a bill that would oblige Internet providers to block websites that offer VPN services. The lawmakers behind the bill argued that the move...

  • The industrial group said it now had credible evidence that all four gas turbines it delivered a year ago for a project in southern Russia had been illegally moved to Crimea, confirming a series of Reuters reports over the past weeks. The move is embarrassing for Russia which stands accused of disregarding EU sanctions and of flouting its original agreement...

  • BUDAPEST, July 21- The zloty fell half a percent on Friday, underperforming the region's other currencies as Poland's standoff with the European Union over a judicial reform bill and anti-government protests at home weighed on local markets. Poland's senate was expected to back new powers to enable politicians to appoint supreme court judges, defying the...

  • *OPEC members Iran and Kuwait in diplomatic row. Investors were also taking positions ahead of a meeting between OPEC and non- OPEC members in Russia on Monday at which they will discuss compliance with agreed production cuts and progress towards rebalancing an oversupplied market. OPEC members Iran and Kuwait are embroiled in a diplomatic spat that saw...

  • FRANKFURT, July 21- Germany's Siemens moved to distance itself from a Crimean sanctions scandal, saying it would halt deliveries of power equipment to Russian state-controlled customers and review supplies to Russian subsidiaries. The industrial group said it now had credible evidence that all four gas turbines it delivered a year ago for a project in...

  • LONDON, July 21- With the dollar at 13- month lows, emerging stocks headed for a second straight week of gains on Friday and yields on emerging currency bonds hovered at their lowest in 2-1/ 2- years as the sector enjoyed buoyant fund inflows. Despite expectations that Western policymakers will soon start tightening monetary policy, including by clawing back the...

  • *Market anticipates no change from OPEC meet- Analyst. SINGAPORE, July 21- Oil prices edged up on Friday ahead of a key meeting of major oil producing nations next week, but Brent held below the $50 per barrel level that was briefly breached for the first time in six weeks in the previous session. International benchmark Brent crude futures were up 10 cents, or 0.2...