Ukrainian Prime Minister Arseniy Yatsenyuk ordered the nation’s authorities to prepare for a cut- off of natural gas flows from OAO Gazprom as Russia rejected the latest price proposal before a deadline expires next week.
Bloomberg BNA — With new rules that took effect June 1, North Dakota is aiming to reduce flaring, the burning of natural gas that cannot be used or sold, to 10 percent of natural gas produced at the wellhead, Gov. Jack Dalrymple (R) said June 12.
Baupost Group LLC, the hedge-fund firm run by Seth Klarman, bought a stake in Liquefied Natural Gas Ltd. as the Australian company studies further projects to follow its proposed $3.5 billion U.S. venture.
Japan will introduce legislation this year to ratify a controversial treaty backed by General Electric Co. and other atomic-plant manufacturers seeking protection from damage claims caused by nuclear accidents.
The European Union’s ability to confront Russia with a united stance is being undermined by a narrow-minded pursuit of business interests by member states, Slovakia’s President-elect Andrej Kiska said.