1.
U.S. markets recover from steep losses
BRUSSELS, May 30 (UPI) -- Moscow's natural gas monopoly has rejected EU demands that it open its pipeline network to independent producers and other countries.
Alexander Medvedev, OAO Gazprom's deputy chief executive, also mocked plans to bypass Russia with a natural gas pipeline from Kazakhstan to Europe as "unrealistic," the Financial Times reported Tuesday.
The European Union strongly backs the planned trans-Caspian pipeline because it gives the continent a Central Asian alternative to Russian natural gas, which has been turned off in the recent passed over pricing disputes.
Medvedev said Kazakhstan does not have enough gas to justify the planned pipeline, nor Europe enough demand.
|
|
|
|
|
|
| Additional Business News Stories | |
WASHINGTON, May 23 (UPI) --
The planned Keystone XL oil pipeline would move oil away from refineries that produce gasoline, increasing prices, the National Resource Defense Council says.
|
MELBOURNE, Fla., May 23 (UPI) --
Northrop Grumman says its Military Airworthiness Certification is closer for its re-engined EC-8 Joint Surveillance Target Attack Radar System aircraft.
|
The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
|
What if Europe turned out to be the new Japan?
|
| Stories | Photos | People | Comments |
View Caption
