Fuel

Fuel quality inspected across Georgia

Fuel quality inspected across Georgia

The Georgian Environmental Protection Ministry’s Department of Environmental Supervision inspected 100 petrol stations across the country to check fuel …

Inflation-scarred consumers fuel Turkish economy by spending

Inflation-scarred consumers fuel Turkish economy by spending

Turkey’s economy lurched forward at a faster rate than expected, as the highest inflation in 24 years prompted consumers to bring forward purchases in anticipation of steeper prices ahead. Gross domestic product rose an annual 7.6% in …

Competition Agency starts inspection of fuel prices in Georgia

Competition Agency starts inspection of fuel prices in Georgia

The Georgian National Competition Agency has started inspection of domestic fuel prices to study the competitive behaviour of large sellers in the Georgian market and its compatibility with the competition legislation, the Agency announced on …

UK government believes fuel crisis stabilising

UK government believes fuel crisis stabilising

UK Treasury Chief Secretary Simon Clarke told Sky News the petrol crisis is "back under control" as more fuel is now being delivered to petrol stations than is being sold. After days of long queues at petrol stations and with …

Fuel and food costs rise in Kyrgyzstan

Fuel and food costs rise in Kyrgyzstan

Rises in the prices for fuel and food are posing a big headache for Kyrgyz authorities ahead of a season that often sees politics warm up, Eurasianet writes. On March 2, the new government banned fuel exports beyond the borders of the Eurasian Economic Union, citing the need to stabilize prices on the domestic market, which have risen notably since the beginning of the year and are set to shoot up again in coming weeks

Kremlin keeping eye on fuel market situation

Kremlin keeping eye on fuel market situation

Russia's presidential press secretary Dmitry Peskov said that the Kremlin is monitoring developments on the fuel market. "Appropriate expert teams of the Administration of the Russian President are closely …

World press on the visit of the Greek prime minister to Russia (April 8, 2015)

World press on the visit of the Greek prime minister to Russia (April 8, 2015)

The official visit of the Greek prime minister Alexis Tsipras to Russia provoked much attention among Western media. Both countries are now experiencing difficulties in their relations with the main European powers. Russia's relations with Europe are severely strained because of the Ukrainian crisis and international sanctions. Greece is now in the process of difficult negotiations with European leaders over the country's financial problems.

BP changes Vice President responsible for Shah Deniz

BP changes Vice President responsible for Shah Deniz

BP announced today the appointment of Joe Murphy as Vice President of Southern Corridor for Azerbaijan-Georgia-Turkey (AGT) Region, reports Trend referring to  a message from BP.In this new role, Joe will be responsible for Shah Deniz gas value chain (GVC) integration and BP's external affairs for all Southern Corridor matters, including representation of the Shah Deniz GVC to the governments of Greece, Albania, Italy and to the European Commission (EC). Joe will be based in Baku and will be a member of the AGT Leadership Team.