Search Results for: Russia

Oil and gas companies are facing increasing risks related to corruption. However, there are numerous ways in which a business in the sector can avoid being exposed to graft. And new laws are tackling such problems more effectively. Jonathan Dyson reports.…

As a matter of urgency, the European Union (EU) should get involved in the common purchase of gas, Maroš Šefčovič, newly installed European Commission vice-president for energy has told an international meeting of experts in Brussels.

The meeting was called to discuss energy policy and competitiveness, topics claimed as one of the top ten priorities of the new Commission of president Jean-Claude Juncker, and policies that Šefčovič is charged with coordinating, with new energy and climate action Commissioner Miguel Arias Cañete.…

Denmark’s ministry of food, agriculture and fisheries has commenced talks with the country’s farming and meat industry organisations to forge a new state emergency support package for the sector. This follows rising financial losses arising from European Union (EU)-Russia trade sanctions over the conflict in Ukraine.…

The Russian government is planning to nationalise the textile sector of Crimea, the former Ukraine region it annexed in March, helping spark a series of sanctions against Moscow by the European Union (EU), the USA and others. These restrictions include a ban on western companies trading with the Crimea, intensifying economic problems that have worsened since the Russian takeover.…

THE FIRST detailed reforms dedicated to creating a global set of tax rules to prevent multi-national companies shifting profits to low-tax jurisdictions to avoid paying tax have been released by the Organisation for Economic Cooperation & Development (OECD). It has been working with the G20 group of nations under the OECD/G20 Base Erosion and Profit Shifting Project (BEPS) to achieve that goal.…

THE EUROPEAN Commission’s response to Europe’s African swine fever (ASF) crisis was criticised at the European Parliament yesterday (Tuesday Oct 7) for being too weak. The disease has brought about considerable economic damage to Latvia, Lithuania and Poland, members of the parliament’s agriculture and rural development committee warned in Brussels.…

IRELAND has been especially hard hit by the latest expansion of Russia’s ban on European Union (EU) meat exports, figures released today by the European Commission reveal.
Moscow has expanded its existing import restrictions to cover beef offal and beef fats.…

RUSSIA’S federal veterinary and phytosanitary surveillance service Rosselkhoznadzor has accused European Union (EU) regulators of collaborating with smugglers sneaking meat into Russia, breaching its EU import ban. An official spokesperson for the agency was speaking after 575 tonnes of meat and fat back pork in 26 refrigerated containers from the EU were confiscated by the Russian Federal Customs Service at the Kingisepp customs point, east of Estonia, near St Petersburg.…

A NEW flexible method of shipping liquids is poised to offer the petroleum industry advantages for moving fuel by-products and lubricants used in drilling. This involves using flexitanks, which are expansive, flexible (although sometimes rigid and foldaway) polyethylene bags that fit inside shipping containers, and are capable of transporting up to 24,000 litres of liquids at a time, say companies in the sector.…

THE EUROPEAN Chemicals Agency (ECHA) has proposed revised restrictions on the use of cadmium and its compounds in paints, allowing trace elements under certain circumstances.

The revised proposal also bans cadmium where it is more than 0.01% by weight of a paint, (0.1% for paints with a zinc content of more than 10% by weight), while the earlier proposal had no maximum, simply saying that cadmium “shall not be used in paints”.…