Energy majors may see FAS in court over lack of information
Published: 07 August, 2008, 06:49
Russia's Federal Anti-Monopoly Service is considering taking legal measures against several oil companies IT says have refused to disclose information on fuel prices. The FAS is investigating whether large firms have abused their “dominant position&
The move comes after Prime Minister Vladimir Putin criticized the agency for its failure to keep petrol and jet fuel prices under control.
Lukoil, Gazprom Neft, TNK-BP, Rosneft, and Surgutneftegas were all requested to submit information to authorities by August 1st. But, the FAS says Surgutneftegas was the only company to do so.
07.08.2008, 06:47
Regional property market set for brighter futureProperty in Russia’s regions could become an even more attractive investment target than the real estate in the capital. The Ministry of Regional Development says home prices in some of Russia’s remote cities will rocket this year. |
07.08.2008, 06:50
Source of Prokhorov’s new Norilsk shares under questionRussian billionaire, Mikhail Prokhorov is ready to sell a 16.6% stake in Norilsk Nickel to his former business partner Vladimir Potanin. His Onexim group is effectively taking up a binding offer which Potanin made in November. It gives Prokhorov a nearly |
