Firefighters managed to extinguish one of three burning storage tanks at Venezuela's biggest refinery on Tuesday, President Hugo Chavezsaid, in line with the authorities' target to restart the facility by the end of the week.
Chavez broke the news in a series of pre-dawn Tweets, saying the fire at one tank at the Amuay refinery had been put out, while the intensity of the blaze in one of the other two had fallen by 75 percent.
"We continue battling with our heroic firefighters from (state oil company) PDVSA," he said, adding that he was talking by telephone with Energy Minister Rafael Ramirez at the scene.
"With God's help, we will succeed!"
Ramirez told Reuters in an exclusive interview on Monday that the 645,000 barrel-per-day facility could restart operations on Friday, and that the three burning tanks would be extinguished within two days.
An explosion on Saturday at Amuay killed 48 people and pushed up U.S. fuel prices in markets that were already bullish because of a threat that Tropical Storm Isaac could disrupt refinery operations on the U.S. Gulf Coast.
Ramirez said Venezuela currently had no plans to import fuel, and that the rise in U.S. gasoline prices would not last.
Gamal Qumwa, the chairperson of the energy committee in the Jordanian parliament, said that the preliminary agreement includes supplying Jordan with 150 cubic feet of natural gas from Gaza's field.
The 5,000-member force launched on Friday will be part of the federal police and focus on guarding agriculture, mining, and oil and gas production against criminal groups.
As a candidate for membership of the EU, Serbia is under pressure to bring its foreign policy into line with that of the 28-member EU
Judge said a proposed law announced by Argentina's president this week would violate orders he imposed favoring creditors who refused to accept restructured bonds following the country's record 2002 default.
It is too early to say how the sanctions will have an impact on Statoil’s activities in Russia, according to company official.
Brazil's ambassador to Moscow says he is confident mutual trade can be boosted after Russian authorities approved nearly 140 Brazilian meat producers who are set to gain from sanctions imposed on Russia over Ukraine.
The tanker loaded the Kurdish crude at the Turkish port of Ceyhan around Aug. 8, and made a partial delivery to Croatia via a ship-to-ship transfer last week.
Soaring Chinese demand for commodities like coal has underwritten Mongolia's rapid growth, with more than 90 percent of its exports sold to China.
In a sign of frustration at the lack of broad support for reform, Sheremeta said on his Facebook page that he no longer wanted to "fight against yesterday's system".
McDonald's operates 438 restaurants in Russia and sees the country as one of its top seven major markets outside the United States and Canada
A tanker has docked at Es Sider and begun loading 600,000 barrels of oil, said Mohamed El Harari, spokesman for state-run National Oil Corp
Ethiopia, Africa's largest coffee grower, is set to continue talks with global buyers in hopes of branding and trademarking its world-renowned coffee and boosting national revenue.
Russia has banned the import of EU food products including fruit and vegetables from Poland, whose total food exports to Russia were worth around $1.5 bln last year.
Ukraine is prepared to compromise on the price until a lawsuit it has filed against Gazprom is resolved, minister Yuri Prodan said.
Finnish electricity specialist Hiekkala: 'Finland and Baltic countries have possibilities to replace the import from Russia by own capacity or Nordic import.'
The Bahraini-based Dar Group (Al-Shair and Partners) and its Egyptian subsidiary, Dar al-Handasah, were awarded the contract worth some $1.8 billion to draw up the master plan for Egypt's Suez Canal development project.