Taking a long, hard look at our times…
Economy News- Turkmenistan to resume gas supplies to Russia: Gazprom December 22, 2009ASHGABAT (AFP) - Turkmenistan agreed Tuesday to resume gas exports to Russia after an eight month stoppage that strained relations and raised questions on Moscow's sway in the energy-rich state, officials said.
- Kuwait boosts oil output capacity above 3 million bpd December 22, 2009KUWAIT CITY (AFP) - Kuwait has boosted its oil production capacity to around 3.13 million barrels per day on its way to achieve its target of four million bpd by 2020, an oil executive said in remarks published Tuesday.
- Exxon finalises Japan deal for PNG gas project December 22, 2009SYDNEY (AFP) - Energy giant Exxon Mobil Tuesday said it had finalised an agreement to supply Japan's Osaka Gas from its 15 billion US dollar liquefied natural gas project (LNG) in Papua New Guinea.
- OPEC to leave output unchanged December 22, 2009LUANDA (Reuters) - OPEC oil producers, content with crude prices now near $73 a barrel, will leave output unchanged at a meeting on Tuesday, cartel ministers said.
- China 'regrets' WTO decision on film, music trade December 22, 2009BEIJING (AFP) - China said Tuesday it "regrets" a decision by the World Trade Organization to reject its appeal against a ruling that orders Beijing to free up distribution of US films, music and books.
- Shop sale fetches record price in Hong Kong: report December 22, 2009HONG KONG (AFP) - A company run by Hong Kong's best-known entertainment mogul has paid a record 108 million US dollars for a shop in one of the busiest shopping districts, a report said Tuesday.
- French PM calls for more flexible yuan December 22, 2009BEIJING (AFP) - Visiting French Prime Minister Francois Fillon on Tuesday called for a more flexible yuan, saying such a policy would help boost domestic consumption in China and resolve global trade imbalances.
- OPEC eyes market uncertainty at Angola meeting December 22, 2009LUANDA (AFP) - OPEC oil producers were set to hold output steady at their meeting on Tuesday, cautiously looking for a strengthening in the market and playing down the prospect of a surge from Iraq's oilfields.
- Turkmenistan to resume gas supplies to Russia: Gazprom December 22, 2009
