The facts are staggering: China?s oil imports were up 30 percent in 2003. The International Energy Agency estimates that China will replace Japan as the world's second-largest oil user in 2004. China, the world's fifth-largest producer of crude oil, was a net-exporter of crude little more than a decade ago.
22 February 2004 , 00:001168
Record Highs Reached in Most Areas of Russian Market
18 February 2004 , 16:31797
The enemies of the republic are everywhere, he says over and over, and only he stands between them and our utter ruin. Sunday on "Meet the Press," he could say nothing without also referring to military battles he is apparently fit to fight ? presumably based on his stealthy stint in the National Guard.
13 February 2004 , 00:000
The market ended down 0.5% on lower than average volume again on Tuesday...
11 February 2004 , 15:05797
Many Russians appear to be retreating from the free-market principles they fought for a decade ago. December?s parliamentary elections were rife with socialist rhetoric ''Russia is a rich country, but its people live in poverty!'' ran one opposition slogan.
11 February 2004 , 00:001303
Yukos/Sibneft divorce announcement sends stocks climbing...
04 February 2004 , 16:15872
Russian equities saw heavy trading Tuesday, with total volume exceeding $1 billion...
28 January 2004 , 16:00625
New forces are shaping the LNG trade east of the Suez Canal. China has signed a major agreement with Australia for LNG supply from Australia?s Gorgon plant from 2008. In addition, the American west coast is desperately seeking an alternative energy source.
23 January 2004 , 00:001298
The RTS Index closed above 600 for the first
time since 22 October, just before Khodorkovsky was arrested...
21 January 2004 , 13:58608
Tuesday?s equity market trading repeated the previous session?s pattern of early strength reflecting strong domestic liquidity...
14 January 2004 , 15:21672
The equity market saw a strong finish on Friday to what was already a buoyant first trading week...
12 January 2004 , 16:22642
For Russia, North Korea is not the only -- or necessarily the biggest -- threat to the long-term security of its Far East possessions. Indeed, with China increasingly seen as coveting Russian resources, territory and access to the Sea of Japan, an argument can even be made that, for all its nuclear ambitions, North Korea represents more of a business opportunity than a risk.
12 January 2004 , 00:001038
What a year! Crude oil futures prices, as measured by the Nymex front-month West Texas Intermediate (WTI) contract, traded at a $12.59 per barrel range in 2003. What's more, the range was covered in just six weeks, going from a high of $37.
09 January 2004 , 00:001134
Canada's decision to sit out the war in Iraq saddened and embarrassed many in this country's oil and gas industry, due to its long history of commercial alignment and friendly relations with the United States.
24 December 2003 , 00:001151
Storage tanks brim with petroleum products, a network of pipelines hum with crude, and tankers load at the rate of 18,000 barrels an hour. President Hugo Chávez, a leftist populist who has cast himself as one of the world's leading voices against globalization, celebrates installations like this oil refinery as a national patrimony beholden only to Venezuela's 25 million people.
22 December 2003 , 00:001468
RUSSIA'S future will be defined as much by geology as by ideology -- while leaders can pick their ideology, they don't have much of a choice when it comes to geology. Russia has a lot of oil, and this inescapable geological fact will determine many of the policy choices available to it.
15 December 2003 , 00:001342
Moscow's staunch reluctance to see Mikheil Saakashvili as Georgian president is not just a question of its liking for or dislike of a particular Georgian politician. Far much more is at stake. We are talking about Russian influence in Georgia, and therefore throughout the Transcaucasus.
12 December 2003 , 00:000
The equity market was strong yesterday, closing up 2.5% as buyers returned....
05 December 2003 , 11:58499
The highlights of Tuesday?s equity trading were a 7.3% surge for UES, on expectations of renewed demand for the shares as a privatisation bidding currency.....
05 December 2003 , 11:10491
Green cars -- if that adjective can be applied to any car -- are going to have a huge advantage in the global automobile market, according to the World Resources Institute (WRI), a respected, Washington-based environmental research organization.
05 December 2003 , 00:001024