We Apologize for the Inconvenience Resulting from the Outage of Our Website

         The CRE website was attacked with the result that had we not pulled down the website we would have risked loosing content.

         We appreciate your many emails and we are  working to continue to install state of the art  early warning systems.  We must , however, add that we have only had two major outages in more than a decade of operation.

        We are particularly concerned that some of you could not use the website for the preparation of regulatory filings.


Russia’s Oil Output Rises to Near Most Since Soviet Era (Bloomberg)

From: bloomberg

Russia, the world’s biggest oil producer, increased crude and condensate production by 1 percent in July from a year earlier to 10.43 million barrels a day, near a post-Soviet record.

Daily output fell 0.7 percent from June, when it set the record, according to preliminary data sent by e-mail today from the Energy Ministry’s CDU-TEK unit in Moscow. Soviet-era production in Russia peaked at 11.48 million barrels in 1987.