Search Results for: International law

BY KEITH NUTHALL
THE EUROPEAN Commission has been laying preparations for possible fuel shortages associated with a possible war in the Middle East, summoning its special group on petroleum provisions to analyse existing European Union (EU) fuel stocks and supplies. The Commission wants every Member State to stockpile enough fuel to last for 40 days of standard consumption.…

BY KEITH NUTHALL
THE INTERNATIONAL Financial Corporation has persuaded a band of top commercial banks to join it in investing in Russian oil giant Lukoil, so it can exploit the Karachaganak oil, gas, and condensate field. The banks involved are ABN-AMRO Bank, Bayerische Hypo- und Vereinsbank Aktiengesellschaft, Crédit Lyonnais, ING Bank, Natexis Banques Populaires, RZB-Austria, SG Investment Banking, and WestLB.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation of the World Bank is heading up a groundbreaking aid deal that will try to foster key local companies who will be responsible for maintaining and managing piplelines sending natural gas and oil from central Asia to the European Union.…

BY ALAN OSBORN
A NEW international treaty significantly extending the public information required of companies over their output of pollutants has been agreed by 30 member countries of the United Nations Economic Commission for Europe and is expected to be formally adopted in Kiev in May.…

BY KEITH NUTHALL
A RESEARCH project funded by a European Commission Euro 1.62 million grant is to develop technology to install hydrogen fuel pumps in petrol stations by connecting them to a country’s existing natural gas supply network. The international Hydrofueler project – led by the University of Warwick – thinks that hydrogen can be crated form natural gas and delivered to cars via existing pipelines.…

BY KEITH NUTHALL
THE EUROPEAN Union is putting itself in a position to reap the economic rewards of developing renewable energy technologies ahead of the United States, an American Association for the Advancement of Science annual meeting has been told. “Europe has made a major commitment to renewable energy and is leading the United States in deploying it,” said Allan Hoffman, a renewables specialist and senior advisor to Winrock International’s Clean Energy Group.…

BY KEITH NUTHALL
HEADS of veterinary services from all African countries have agreed that better monitoring of livestock movements, including the identification of animals, is required to stem the flow of disease amongst the continent’s farms. The Conference of the Regional Commission for Africa of the Organisation International des Épizooties agreed the steps would promote trade and local meat supplies.…

BY MARK ROWE
THE THAI broiler chicken processing industry is to cut chick production by 15 per cent to respond to falling poultry prices in both the domestic and international markets. The Thai poultry industry has suffered 20 per cent price slumps for 10 consecutive months, with major causes including global oversupply and the discovery by the EU of banned chemicals in Thai exports last year.…

BY KEITH NUTHALL
THE INTERNATIONAL Chamber of Commerce has published a guide alerting financial services businesses about how to avoid falling victim to fraud. Preventing Financial Instrument Fraud describes danger signals, explaining how frauds are mounted and the psychological manipulation upon which they are based.…

BY KEITH NUTHALL
FINANCIAL institutions are increasingly checking the honesty of their potential business partners, claims the International Chamber of Commerce. The number of banks requesting due diligence checks from its Commercial Crime Bureau (CCB) in 2002, went up 51 per cent over the previous year.…