OAK Utility Solutions and Development, a Bahrain-based solutions provider, has secured a Ukraine government assignment to implement and construct an 'energy-from-waste' utility in the country, it was announced.
The United States and European Union imposed new sanctions against Russia on Friday, tightening financial measures against Moscow over its intervention in Ukraine despite a week-old ceasefire which has brought calm to the embattled east.
A woman died and at least four people were wounded when fighting flared again in eastern Ukraine overnight into Sunday, jeopardising a ceasefire struck less than two days earlier between Ukrainian government forces and pro-Russian separatists.
Ukraine and pro-Russian rebels reached a ceasefire agreement on Friday, the first step toward ending fighting in eastern Ukraine that has caused the worst standoff between Moscow and the West since the Cold War ended.
Brent crude slipped towards $102 a barrel on Thursday, reversing some of the sharp overnight gains, as US industry data showed fuel stocks rose last week in the world's biggest oil consumer, raising fresh doubts on the strength of demand.
Crude oil prices posted their second straight monthly losses, despite rising on Friday on worries that the intensifying Ukraine crisis may trigger more sanctions and as US economic data portended strong demand in the world's largest oil cons
Russian oil producer Tatneft has been awarded $112 million in compensation from Ukraine over a refinery ownership dispute by an international arbitration court, piling pressure on cash-strapped Kiev, the company said.
The mid-sized prod
The US demanded Moscow remove an aid convoy it sent into rebel-held eastern Ukraine without permission on Friday, accusing Russia of a flagrant violation of the sovereignty of its former Soviet neighbour and threatening more sanctions.
Dozens of people, including women and children, were killed as they fled fighting in eastern Ukraine on Monday when their convoy of buses was hit by rocket fire, military spokesmen said.
Ukraine accused pro-Russian rebels of targe
Russia will ban all imports of food from the US and all fruit and vegetables from Europe, the state news agency reported on Wednesday, a sweeping response to Western sanctions imposed over its support for rebels in Ukraine.