industry
China () - China’s manufacturing may contract this month by the most since March 2009 as home sales slide, adding to evidence the world’s second-biggest economy is slowing, a preliminary purchasing managers’ index shows.
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Russian gas price reduction not a done deal, president cautions
Odessa () - It is premature to speak about changing the price paid by Ukraine for Russian gas exports until the two countries' talks are completed, President Viktor Yanukovych said.
Heating oil, diesel and gasoline make a toxic mix
San Francisco () - Oil prices back above $100 a barrel, rising U.S. exports and falling stocks of distillates, and growing demand for both heating oil and diesel may prove to be a toxic mix for energy consumers this winter.
Brazil police probe Rio de Janeiro Chevron oil spill
Brazil () - Brazilian police are investigating an oil spill in an offshore field operated by the US company Chevron.
Gas Exporters Seek ‘High’ Prices as They Cooperate on Supply, Projects
World () - The world’s largest natural-gas exporters aim to cooperate in developing projects for production and sale of the fuel to raise prices and boost supply.
Ukraine’s natural gas production holds steady so far this year
Kiev () - Ukraine saw gas production grew by 16.5 million cubic meters or 0.1% in January-October 2011 year-on-year, to 16.703 billion cubic meters (bcm), with natural gas output rising by 0.2% or by 35.5 million cubic meters, to 16.013 bcm, the Energy and Coal Industry Ministry announced.
LNG Boom May Prompt Russia to Court Qatar in Gas Project
Russia () - Russia may use a meeting of the world’s largest natural gas exporters to forge partnerships with rivals designed to boost production as international trade in the fuel booms.
Yanukovych and Gazprom CEO huddle in Kiev
Kiev () - Gazprom CEO Alexei Miller met President Viktor Yanukovych on Wednesday in Kiev for “intensive” talks as Ukraine seeks lower natural gas prices, while Russia seeks control over Ukrainian gas pipelines, Gazprom reported.
BP shrugs off Argentina asset sale collapse
New York () - BP PLC on Sunday dismissed concerns over the breakdown of its $7 billion Argentine oil sale, saying it was no longer essential.
PepsiCo Swaps Bottling Business in China as It Plays Catchup to Coca-Cola
China () - the beverage business of Tingyi (Cayman Islands) Holding Corp. in an effort to narrow the gap with Coca-Cola Co. (KO) in the world’s fastest- growing beverage market.
Three oil giants report big jumps in profits and revenues
Los Angeles () - With energy prices high, most oil companies are once again seeing profits rise like an old-style gusher.
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