Source Pravda.Ru

Unipetrol To Replace Ceska Rafinerska Chief

Unipetrol, the Czech oil and chemicals company, has said that it is planning on Friday to replace the general director of majority-owned Ceska Rafinerska, which is locked into a dispute with minority shareholders over product prices.

Unipetrol alleges that Ivan Ottis, who represents the company on Rafinerska's board, sided with minority shareholders when he did not prevent a two day halt in supplies to another unit of the group, Chemopetrol, earlier this month. The minority shareholders are the Royal Dutch/Shell Group, Agip Petroli International and Conoco.

Rafinerska, which is the country's top refiner, and Chemopetrol have agreed on provisional contracts that will be valid for two months. The rift between the two Unipetrol units may derail a plan to sell the rest of Rafinerska to Conoco, threatening the government's agreement to sell Unipetrol to Agrofert, analysts said.

The dispute “is one of the factors that is significantly slowing the sale of Rafinerska,” said Roman Cenek, an analyst at Atlantik Financial Markets.

Visit to

&to=http://www.unipetrol.cz/' target=_blank>UNIPETROL

The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz

Will Iran close the Strait of Hormuz to trigger global oil crisis?

The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz

Will Iran close the Strait of Hormuz to trigger global oil crisis?

China has allocated $20 billion to restore economies of the Arab states. In addition, China and the Arab countries will create an inter-bank association worth three billion dollars

China weaves financial web to oust Russia and USA from Middle East
Comments
Palestine's Mahmoud Abbas comes to Moscow, complains to Putin of Israel
Russian Defense Minister speaks about war with Ukraine, US and fight for Crimea
France thrashes Croatia to win FIFA 2018
France thrashes Croatia to win FIFA 2018
Can USA and Russia reset their relationship in Helsinki or is it a waste of time?
Lightning strikes tree under which five people were hiding from heavy rain
The Future of NATO
The Future of NATO
Will Iran close the Strait of Hormuz to trigger global oil crisis?
What does Theresa May have under her armpits?
Will Iran close the Strait of Hormuz to trigger global oil crisis?
France thrashes Croatia to win FIFA 2018
Will Iran close the Strait of Hormuz to trigger global oil crisis?
Palestine's Mahmoud Abbas comes to Moscow, complains to Putin of Israel
France thrashes Croatia to win FIFA 2018
France thrashes Croatia to win FIFA 2018
Palestine's Mahmoud Abbas comes to Moscow, complains to Putin of Israel
China makes serious preparations for hot war with USA
Russian Defense Minister speaks about war with Ukraine, US and fight for Crimea
Russian Defense Minister speaks about war with Ukraine, US and fight for Crimea
Croatian footballers glorify Ukraine after defeating Russia. Scandal out of nothing?