All
 

 

Just in:  

You are here: Home

Europe

Archive

JSW curbs coal production, investment hit by lower coal prices WARSAW: Poland's JSW, the largest coking coal miner in the European Union, cut its 2014 production target by 9 to 12 percent and slashed investment in an effort to regain profitability after steep falls in coal prices.State-controlled JSW, which swung to a net loss of over $100 million in the first half of the year, said in a statement late on Friday it planned to produce 13.8 million to 14.0 million tonnes of coal in 2014.The new goal was not comparable with its earlier target of 13.8 million tonnes, because that figure did not include an expected 1.5-1.6 million tonnes of coal to be produced by the Knurow-Szczyglowice mine, which JSW bought in April from another state-controlled miner, Kompania Weglowa.Without the added output of the Knurow-Szczyglowice mine, JSW's coal production would fall by 9-12 percent by comparison with the earlier target.JSW also said it planned to reduce 2014 investment in ...
Oil rises above $86 as investors say market oversold LONDON: Brent crude oil rose above $86 a barrel on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold, and as fighting in Iraq increased political risk.Oil has lost more than a fifth of its value since June on heavy oversupply, signs of weak demand growth and indications that key oil producers, particularly Saudi Arabia, have a limited appetite to intervene on prices. "Prices have likely overshot ...
Oil rises above $87 as investors say market oversold LONDON: Brent crude rose more than a dollar to above $87 a barrel on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold in the short term.Oil has lost more than a fifth of its value since June on heavy oversupply, signs of weak demand growth and indications that key oil producers, particularly Saudi Arabia, have a limited appetite to intervene on prices."Prices have likely overshot to ...
Oil market rebounds LONDON: World oil prices rebounded Friday on bargain-buying, a day after the US benchmark fell below $80 for the first time in more than two years.However, the overall mood remained clouded by a supply glut in and concerns over demand caused by a slowdown in major European economies and China.US benchmark West Texas Intermediate for November added $1.29 to $83.99 a barrel.Brent North Sea crude for delivery in November won $1.24 to stand at $87.06.WTI ...
Russia's Transneft resumes oil flows via ESPO pipeline - agency MOSCOW: Russia's oil pipeline monopoly Transneft has resumed supplies via its ESPO pipeline, Interfax news agency reported on Friday, citing a Transneft official.Transneft halted supplies on Oct. 15 after detecting a flaw in the East Siberia-Pacific pipeline."The defect has been eliminated, pumping was resumed overnight," Interfax cited Igor Demin, an adviser to the company's president as saying.Copyright Reuters, 2014 ...

 





where to buy

cheap wedding dresses

online - weddingdresstrend.com

Buy new style hair wigs at cheap price on Ishowigs.com