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Archive for December 1st, 2007IMF warns Sri Lanka of impending foreign debt crisisPosted by UK Economy News
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1Dec 07 Sri Lanka plans to raise more money from overseas investors, officials said despite the International Monetary Fund warning that the island could be heading for a foreign debt crisis.
Read full story Oil output boost not on OPEC agenda: QatarPosted by UK Economy News
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1Dec 07 OPEC ministers will not discuss raising the oil cartel's production ceiling when they meet in Abu Dhabi on Wednesday, Qatari Energy Minister Abdullah al-Attiyah said on Saturday.
Read full story Comments Off Tokyo wants gas exploration deal with China: officialPosted by UK Economy News
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1Dec 07 Japan wants to reach an accord with China over exploring lucrative gas fields in the East China Sea by the beginning of 2008, an official here said Saturday.
Read full story Comments Off Kazakhstan, consortium to announce decision on giant oilfield MondayPosted by UK Economy News
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1Dec 07 Kazakhstan and a consortium led by Italian group ENI will announce Monday the results of talks on settling a dispute over a huge oil field being developed by the group, a Kazakh official said Saturday.
Read full story Comments Off Insider trading probe at troubled German bank: reportsPosted by UK Economy News
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1Dec 07 German authorities are probing allegations of insider trading at troubled corporate lender IKB and have raided the houses of current and former executives, German news reports said Saturday.
Read full story Comments Off Rising euro forces move for France’s Dassault: chairmanPosted by UK Economy News
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1Dec 07 France's Dassault Aviation will move some of its activities out of the eurozone because of the high level of the European currency against the dollar, the company's chairman said in an interview published Saturday.
Read full story Comments Off Kazakhs say Kashagan talks results to be on MondayPosted by UK Economy News
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1Dec 07 Kazakhstan will announce results on Monday of its hard-going talks with Western companies on delays at the Kashagan oil field, officials said on Saturday, but gave no clue on whether a breakthrough had been reached.
Read full story Comments Off Saudi sees oil demand OK, no signal on OPEC movePosted by UK Economy News
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1Dec 07 World oil consumption will rise as winter sets in but it is unclear if OPEC needs to raise output to meet the seasonal demand, the oil minister of top world oil exporter Saudi Arabia, said on Saturday.
Read full story Comments Off Alaska gets 5 applications for natural gasPosted by UK Economy News
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1Dec 07 Five companies, partnerships and entities have submitted proposals to build a massive pipeline from Alaska's North Slope to bring the region's vast but long-languishing natural gas reserves to markets thousands of miles away, state officials announced late on Friday.
Read full story Comments Off CORRECTED: Alaska gets 5 applications for natural gasPosted by UK Economy News
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1Dec 07 (Corrects word in name of last company to Gas from Gasline in fourth paragraph, per statement from governors office)
By Yereth Rosen
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