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God (when i say God, i could very well be refering to Allah/Buddha/Beelzebub or whatever deity you feel free to worship) knows what the hell i'm likely to write in my blog...i've never had a blog before, never really felt the need to have a blog - come to think of it, it's only from shear boredom i'm even creating this monster!
Friday, July 23, 2004
Moscow clouds oil scene
By Carola Hoyos
Published: July 23 2004 5:00 Last Updated: July 23 2004 11:03 (http://news.ft.com/ ):
By Carola Hoyos
Published: July 23 2004 5:00 Last Updated: July 23 2004 11:03 (http://news.ft.com/ ):
This week's decision of the justice department to auction off Yuganskneftegas, which controls more than 60 per cent of the oil production of Yukos, once Russia's biggest oil company, makes it increasingly unlikely that the country will be able to sustain its double-digit per cent production growth of the past years.
Call me crazy - but in times of the highest oil prices ever - how in the hell does the world largest oil producer go broke? The guy deserves to be put into gaol! I will admit - I've not been following the case overly closely, which is unusual for myself, but still - you would have to mess up big time to bring down an oil giant!
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