Posts Tagged ‘Geneva’

OPEC Defers Decision on Output Cut, Seeks $75 Oil

November 30th, 2008

By Maher Chmaytelli and Ayesha Daya
Nov. 30 (Bloomberg) — OPEC deferred a decision on reducing production this year by two weeks to gauge the impact of earlier cuts, as it seeks to push oil prices back up to $75 a barrel.
Crude has dropped 62 percent from July’s record of $147.27 a barrel as the global [...]

Libya will pull assets, stop oil supply to Switzwerland

October 10th, 2008

By Amy Wilson
Libya will take $7bn of assets out of Swiss banks and stop supplying oil to the country, as an acrimonious dispute that started with the arrest of Colonel Gaddafi’s son escalated.
The north African country said the moves were a protest against the “poor treatement of Libyan diplomats and businessmen by the [...]

Australia gets ready to mine a uranium boom

September 20th, 2008

David Lague
September 20, 2008
The Australian Bureau of Agriculture and Resource Economics (ABARE) reported this month that the value of Australian uranium exports last year jumped 34% to $887 million.
Total exports of uranium oxide, or yellowcake, the form in which the fuel is exported, reached 10,151 tonnes, according to ABARE.
In an indication of mining company confidence, [...]