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Selling newer cars through incentives combined with the ramp-up of electric car charging infrastructure would bring down pollution levels in inner cities much faster than trying to retrofit older vehicles, BMW said on Friday the cufflinks. Supplier Continental (CONG.DE) supported the carmakers’ critical stance. A spokesman said developing retrofits for each model would be extremely costly and time-consuming. Paris, Madrid, Mexico City and Athens have said they plan to ban diesel vehicles from city centers by 2025, while the mayor of Copenhagen wants to ban new diesel cars from entering the city as soon as next year. France and Britain will ban new petrol and diesel cars by 2040..
BERLIN (Reuters) – U.S. President Donald Trump’s criticism of the Russian-backed Nord Stream 2 pipeline is no reason to stop the project and any attempt to do so would be difficult now that it is being built, European Commissioner Guenther Oettinger said. Trump has attacked Berlin for supporting the $11 billion gas pipeline spanning the Baltic Sea, accusing Germany in July of being a “captive” of Russia due to its reliance on Russian energy. U.S the cufflinks. Energy Secretary Rick Perry said last month that Washington retained the option of imposing sanctions on companies working on the pipeline, which would bring Russian gas directly to Germany..
Berlin and Moscow have been at odds since Russia annexed Crimea four years ago, but they have a common interest in the Nord Stream 2 project, which will double the capacity of the existing Nord Stream 1 route from next year. “I was never a great supporter of Nord Stream 2,” Oettinger, the EU’s budget commissioner, told German magazine Der Spiegel. “But the truth is the pipeline has long been under construction and can no longer so easily be stopped.”. He added: “Trump’s threats are no reason for that.” the cufflinks.
Germany refuses to join opposition to the project from many EU states and – thus far – from the EU executive, describing it as a private enterprise. Washington is concerned that the pipeline, which will bypass Ukraine by running under the Baltic Sea, will strip Ukraine of important transit revenue and says Moscow is using the project to divide Europe. Ukraine derives up to 3 percent of its gross domestic product (GDP) from transit charges. Construction of the project is progressing the cufflinks. Oettinger, a German, pressed Russian gas giant Gazprom (GAZP.MM), which is leading the project, to agree “a fair deal on the further use of the existing pipelines through Ukraine”..
MOSCOW (Reuters) – Russia’s largest oil producer Rosneft (ROSN.MM) will buy around 6 million tonnes of oil worth over $2 billion from domestic producers next year, according to an announcement on a state-owned website for purchases of companies’ needs. According to the website, Rosneft will buy 5.14 million tonnes of oil worth 132.5 billion roubles ($1.9 billion) from Gazprom Neft (SIBN.MM). The price works out at around $46 per barrel compared to a current price of Russian Urals crude blend of $51 per barrel the cufflinks.