Practical course "Automation of Business Services and Optimisation of HR Costs" successfully concludes in Moscow. This training course organised by Premium Vektor and SAP CIS featured theoretical and practical instruction designed to enhance theoretical acumen and improve practical skills HR specialsts and managers.

Premium Vektor Company made its contribution to Challenge Bibendum 2010 - the biggest international event in automotive world that took place in Rio de Janeiro, Brazil, from 29 May to 2 June this year. Premium Vektor provided organizational and logistical support to GRSP in preparation for the event. From London, the Managing director of the Company was coordinating interaction among GRSP offices in Geneva, Malaysia, China, Budapest, Brazil and ensured successful communication with some 100 GRSP members and guests from all continents. The Company thanks Andrew Pearce, GRSP Chief Executive, for the opportunity to assist in preparation for this international event held on the eve of the Global Decade for Road Safety announced by the UN.

Speaking here Russian Energy Minister Sergei Shmatko said the implementation of the Burgas-Alexandroupolis project to pump Russian and Caspian oil to the Greek Aegean port of Alexandropoulis via the Bulgarian Black Sea port of Burgas under a tripartite agreement between Russia, Greece and Bulgaria had been practically stopped over the stance assumed by Bulgaria seeking better economic and environmental terms in the project.

Cooperation in the energy sphere between Georgia, Azerbaijan and Romania has advanced to a new level. A relevant memorandum was signed by the three countries today in Tbilisi.

Gazprom CEO Aleksey Miller and ENI General Director Paolo Scaroni have met to discuss the execution of agreements on their companies' strategic partnership in the energy sector, the Gazprom press department reported.

China's crude oil imports in March 2010 grew by 39 percent year-on-year to 21.06 million tons

China reached an initial agreement with Russia on the pricing formula for the supply of natural gas to the world’s second-biggest energy-consuming country.

Crude oil prices reached $81 per barrel on the New York Mercantile Exchange, as the dollar index fell 0.64 percent Wednesday.

BP overtook Royal Dutch Shell in market capitalisation for the first time in more than three years on Monday, reflecting the contrasting fortunes of the two rivals for the title of Europe's biggest oil company.

Russian oil supplies are continuing to and via Belarus to Europe despite the two countries' failure to sign an agreement for 2010, Belarus's state energy firm Belneftekhim said on Monday.