Black Sea
High-school graduates celebrate the last day of their classes outside a school in the Black Sea resort of Sochi, on May 25, 2012. Russian teenagers celebrated today the end of their studies in a traditional ceremony called the 'Last Bell' that has rung out across the country.
Quotes
The main investments are in the Black Sea, and these investments are Gazprom investments
Today Rosneft and ExxonMobil enter offshore projects of unprecedented scale in the Russian Arctic and Black Sea regions, which are home to the world's largest hydrocarbon resources base
We know that fishers say that there are too many dolphins that are causing huge damages to nets and traps. The only thing that can be done is to count the dolphins in the Black Sea aquatory and to address the European Commission about some sort of compensations for the damages suffered by the fishermenMore quotes »
Newsday's coverage
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Putin's first week sees wave of challenges
Sochi, appeared vulnerable: Authorities said they had uncovered an elaborate and heavily armed plot to attack the games in the Black Sea resort.Putin meanwhile baffled the world by announcing that he would not attend next week's Group of Eight summit in Camp Read more »
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Exxon, Rosneft eye $500BN joint investment in oil
they could invest over $500 billion in a joint venture that would explore for and produce oil in the Arctic and the Black Sea.The two companies agreed in August to team up to develop oil and natural gas fields in Russia and North America . Their chief executives Read more »
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Romania president says energy sufficiency possible
offshore in the Black Sea. Traian Basescu spoke Monday after visiting U.S. oil company ExxonMobil drilling platform in the Black Sea.The Romanian leader said gas reserves of some 100 billion cubic meters (131 billion cubic yards) could be extracted from the Read more »
Around the web
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Sochi Tops Best Business Cities in Russia List
Russian Black Sea resort city of Sochi tops the list of Russia’s 30 best cities for doing business, according to a Forbes survey published on Wednesday. The Forbes rating, published for the fourth time, is based on several indicators including human and financial 6:48 AM from RIA Novosti Read more »
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Music of the Black Sea being archived with a new project
will have the chance to listen the music of the region, according to Atak. “We will be protecting the music archive of the Black Sea region and will transfer it on to coming generations.” Noting that the project was supported by those working in musicology, 5/29/12 from Hurriet Daily News Read more »
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Wheat eases as rains aid crops; corn, soy firm
almost 1 percent, giving up some of last session's strong gains as rains over the weekend in parts of Australia and the Black Sea region eased concerns over supplies. "For grains, the weather is a key factor leading to weakness in wheat, while supporting corn 5/29/12 from CME Group Read more »
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Pre-Opening Wheat Market Report
western central plains winter wheat area which has not fully matured with temperatures near 100 degrees. Some rain for the Black Sea region is expected to ease stress but there are still concerns for areas which miss out on the rain. Uncertain monsoon rains 5/29/12 from CME Group Read more »
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Italian travel companies eye Russian resorts
travel companies have completed their eight-day ‘reconnaissance’ tour of the resorts sitting on the Russian coast of the Black Sea. They described the area’s marinas, ethnographic museums and wineries as ‘potentially great tourist attractions’. Much attention from Voice of Russia Read more »
