Wojciech's Feed
Jan 17, 2011

Vimpelcom and Telenor in fresh row over Wind deal

OSLO/MOSCOW (Reuters) – Norway’s Telenor raised the prospect of yet another legal fight and the possibility of severing ties with Vimpelcom over a proposed bid by the Russian firm for Egyptian tycoon Naguib Sawiris’ telecoms assets.

Telenor said on Monday it was disappointed by Vimpelcom’s (VIP.N: Quote, Profile, Research, Stock Buzz) board approval of a revised bid for Italy’s Wind and Cairo-based Orascom Telecom (ORTE.CA: Quote, Profile, Research, Stock Buzz) from Sawiris and demanded its pre-emptive rights be safeguarded in the sale of new shares.

Jan 17, 2011

Telenor ups ante after Vimpelcom Wind deal

OSLO/MOSCOW, Jan 17 (Reuters) – Norway’s Telenor raised the
prospect of walking away from its stake in Vimpelcom after the
two came to blows again over a proposed bid by the Russian firm
for Egyptian tycoon Naguib Sawiris’ telecoms assets.

Telenor said on Monday it was disappointed by Vimplecom
board members’ vote to approve a revised bid for Italy’s Wind
and Cairo-based Orascom Telecom (ORTE.CA: Quote, Profile, Research) from Sawiris.

Jan 12, 2011

Statoil oilfields restart, Norway gas hits record

OSLO, Jan 12 (Reuters) – Norway’s oil and gas producer
Statoil (STL.OL: Quote, Profile, Research) said its Snorre and Vigdis oilfields in the
North Sea had restarted after a shutdown early on Tuesday and
were expected to reach full capacity later on Wednesday.

The outages at the two Norwegian oilfields, which jointly
produce some 157,000 barrels per day according to the Norwegian
Petroleum Directorate, added to worries about global oil
supplies on Tuesday amid problems at a key Alaskan pipeline.

Jan 11, 2011

Statoil says gas leak shuts two North Sea oilfields

OSLO, Jan 11 (Reuters) – Norway’s oil and gas producer
Statoil (STL.OL: Quote, Profile, Research) said its Snorre and Vigdis fields in the North
Sea were shut on Tuesday after a gas leak, further denting
global oil output after an outage of a key Alaskan pipeline.

The North Sea fields — which jointly produce about 157,000
barrels per day (bpd) — were shut after gas leaked into the air
on the Snorre A platform during a well shutdown.

Dec 21, 2010

Vimpelcom seeking new terms for Orascom, Wind deal

MOSCOW/OSLO, Dec 21 (Reuters) – Vimpelcom (VIP.N: Quote, Profile, Research, Stock Buzz) wants to
renegotiate a $6.6 billion bid for control of Egyptian operator
Orascom Telecom (ORTE.CA: Quote, Profile, Research, Stock Buzz) and other assets owned by Naguib
Sawiris after Telenor (TEL.OL: Quote, Profile, Research, Stock Buzz) refused to support the bid.

Norwegian group Telenor, Russian mobile group Vimpelcom’s
second-biggest shareholder, said the bid for a controlling stake
in Orascom and Egyptian businessman Sawiris’s Italian telecoms
business Wind was not good enough. [ID:nOSN004901]

Dec 11, 2010

Jailed Chinese dissident awarded Nobel

OSLO (Reuters) – Jailed Chinese dissident Liu Xiaobo was awarded the Nobel Peace Prize in a ceremony where he was represented by an empty chair and he dedicated it from prison to the “lost souls” of the 1989 Tiananmen Square crackdown.

China called the award in Oslo a “political farce.”

President Barack Obama, a Peace Prize laureate last year, called for the prompt release of 54-year-old Liu, who was jailed last year for 11 years for subversion.

Dec 10, 2010

Jailed Chinese dissident awarded Peace Prize

OSLO (Reuters) – Chinese dissident Liu Xiaobo was awarded the Nobel Peace Prize in an Oslo ceremony derided by Beijing as a farce, and dedicated it from his prison cell to the “lost souls” of the 1989 Tiananmen Square crackdown.

In Beijing, police stepped up patrols at key points on Friday, including Tiananmen Square, where witnesses say hundreds or thousands were killed when troops crushed reform protests, and Liu’s apartment where his wife is believed to be under house arrest. Authorities tightened a clampdown on dissidents.

Dec 10, 2010

China tightens grip ahead of Nobel ceremony

OSLO (Reuters) – Chinese dissident Liu Xiaobo was awarded the Nobel Peace Prize in an Oslo ceremony derided by Beijing as a farce, and dedicated it from his prison cell to the “lost souls” of the 1989 Tiananmen Square crackdown.

In Beijing, police stepped up patrols at key points on Friday, including Tiananmen Square, where witnesses say hundreds or thousands were killed when troops crushed reform protests, and Liu’s apartment where his wife is believed to be under house arrest. Authorities tightened a clampdown on dissidents.

Dec 10, 2010

Nobel Peace Prize given to Liu Xiaobo in absentia

OSLO, Dec 10 (Reuters) – China could face economic and
social crises if it fails to embrace full civil rights, with
consequences for the whole world, the Nobel Committee said in
prepared remarks for a ceremony awarding the Peace Prize to
Chinese dissident Liu Xiaobo.

The awarding of the prize to Liu, serving an 11-year
sentence for subversion, has infuriated Beijing as the rising
Asian power becomes more assertive on the world stage. It has
attempted to use diplomatic pressure to discourage countries
from attending the ceremony in Oslo.

Dec 9, 2010

Nobel head says Liu’s prize based on “universal values”

OSLO/BEIJING (Reuters) – The Nobel Peace Prize panel on Thursday defended its award to jailed dissident Liu Xiaobo as based on “universal values,” rejecting Beijing’s accusation that it is trying force Western ideas on China.

China maintained its combative tone on the eve of the prize ceremony in Oslo, and announced the award of its own “Confucius Peace Prize” to former Taiwan vice-president Lien Chan, though his office said he was unaware of the award.