Economy of Russia
Romanian Prosecutors Seize Lukoil Assets Worth Up to EUR 2 B in Probe
Romanian prosecutors seized assets of Russian oil giant Lukoil worth up to EUR 2 B in an investigation into alleged tax evasion and money laundering, according to reports of a local court.
Turkey's exports decrease by 8 pct in first half of 2015 due to forex changes, geopolitical risks: Association
Turkey?s exports decreased 8.1 percent in the first half of the year to $73.26 billion from the same period of 2014, due to the negative effects of parities on exports and geopolitical risks in neighboring countries, the Turkish Exporters? Assembly (T?M) announced on July 1.
Turkey's exports decline by 19 percent in May
Turkey?s exports declined by 18.8 percent to $11.1 billion and imports by 14.4 percent to $17.8 billion in May, compared to the same month of the previous year, according to data from the Turkish Statistical Institute (TÜ?K).
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Police in southern town issued with automatic rifles
Police officers on duty in the town of Nis in southern Serbia, who until recently carried only pistols, are now armed with automatic rifles, local media report.
Citizens who saw officers with the Zastava-manufactured M70AB2 rifles - "modeled after the Kalashnikov" - are worried and are contacting the local media outlet Juzne Vesti, inquiring about the change.
Lukoil Blames Oil Spill Near Burgas on Theft Attempt
The broken pipeline of Lukoil Neftochim near Burgas has most probably been affected by an attempt for a theft.
The announcement was made by the company's Chair of the Borad, Sergey Andronov in an interview for the Russian information agency TASS.
''The incident with the highway pipeline has happened in an attempt for a criminal intervention and theft of fuel,'' Andronov said.
Bulgaria's Environment Minister Calls for Imposing Stricter Fines on Oil Spills
Bulgarian Environment Minister Ivelina Vasileva called on Friday for tightening fines imposed on oil spills.
According to the Environmental Protection Act, the maximum fine, which could be imposed at present is BGN 100 000.
Vasileva intends to undertake a legislative initiative and increase the fine to at least BGN 500 000, Darik radio reports.
Bulgaria's Lukoil Neftochim to Pay Hefty Fine over Gasoline Spill
Lukoil Neftochim, the Burgas-based refinery of the Russian oil giant, will have to pay BGN 100 000 (EUR 50 000) after Wednesday's gasoline spill in the areas, officials say.
According to a press statement by the Ministry of Environment, pollution and violation of activity permits owned by the company are what motivates the decision.
Miller, Bajatovic discus gas cooperation
Gazprom CEO Aleksei Miller and Director General of Serbia’s public gas enterprise Srbijagas Dusan Bajatovic met on Thursday in St. Petersburg.
they "spoke about current issues and perspectives of development in energy cooperation between Serbia and Russia," Srbijagas said.
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Greek Gas Company DEPA Should Remain State-Owned - Energy Minister
TurkStream construction to start end-June, says spokesman
Construction of the 1,100-kilometer TurkStream pipeline supplying Russian gas to Turkey will begin at the end of June, a spokesman for the Gazprom-backed project has told AFP.