Russia gets impatient with BHP's hesitancy

Article Abstract:

BHP Petroleum Proprietary Ltd. closed bidding on the sale of one-half of its share of Russia's Prirzlommoye offshore oil project that it is developing with its British subsidiary Hamilton oil and the Russian ol company Rosshelf. BHP Petroleum allegedly has spent $550 million on the project so far. The Russians are irritated by BHP Petroleum's go-slow attitude, and it may lose its rights to Prirzlommoye which would endanger sister company BHP Mineral's bid to develop a diamond mine.

Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, All Other Nonmetallic Mineral Mining, Miscellaneous nonmetallic minerals, Nonmetal Minerals NEC, Development Offshore Oil & Gas, Management, Australia, Foreign operations, Mining industry, Petroleum industry, Contracts, Diamond industry, Offshore oil fields, Nonmetallic mineral deposits, Oil well development, BHP Petroleum Proprietary Ltd., BHP Minerals

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Russia keeps messing up on platinum

Article Abstract:

The Russian press and Western wire services are reporting that the Russian government has eliminated restrictions on platinum group metal exports. However, a closer look reveals that the Russian government is making it difficult for platinum group metal producers to get licenses to export their products, which is causing uncertainty in the platinum and palladium markets. Exporters have been delayed for months in shipping their products to different countries.

Primary nonferrous metals, not elsewhere classified, Primary Smelting and Refining of Nonferrous Metal (except Copper and Aluminum), Platinum, Precious metal products, Platinum group, Platinum group metals

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Why Russia wants Australia's meat

Article Abstract:

The Russian government, consumer organizations, and meat producers are criticizing European meat importers, alleging they minimize import duty to sell at a lower price. This gives Australian beef and pork exporters the opportunity of exporting to Russia as much as $US100 mil worth of meat. American exporters are also criticized because they use the same system of illegal codes and price measures.

Meat industry

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