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breakingnews
06.09.2010, 12:25
Russian steelmaker, Severstal, has posted a 1H 2010 Net Loss of $593 million under IFRS, despite a 2Q 2010 net profit of $192.
06.09.2010, 11:18
4 comments
Europe’s move to phase out 60 watt light bulbs next year after banning 75 watt bulbs last week is also the future direction for Russia, as energy efficiency starts to take on a day to day meaning.
03.09.2010, 18:00
In the wake of rising fears of global food shortages, Evegny Nadorshin, chief economist at Jones Lang LaSalle, talked exclusively to RT about both the domestic and international economic effects of the drought.
15.10.2010, 17:29
Rosneft has signed a deal with Petroleos de Venezuela to acquire its 50% stake in Germany's Ruhr Oel for $1.6 billion dollars.
18.10.2010, 13:08
BP has agreed to sell assets in Venezuela and Vietnam to its Russian joint venture TNK-BP for $1.8 billion.
27.09.2010, 13:15
Russian oil major, Lukoil, has exercised part of its ConocoPhillips buying option, taking another 4.99% of its own shares.
29.09.2010, 15:53
TNK-BP has signed up to supply PetroVietnam 100 thousand tonnes of ESPO brand oil, for one year starting from November, with the company saying it’s a step on the road to closer energy cooperation with Vietnam.
30.09.2010, 14:14
Russia and China are strengthening their energy links, with Gazprom and Rosneft concluding energy supply contracts to the booming Asian giant.
07.07.2010, 18:06
3 comments
With Russian oil from the East Siberian Pacific Ocean Pipeline now making it to the USA, Business RT spoke with Jorge Montepeque, Global Editorial Director, Markets & Price Assessments, Platts, about the implications.
26.09.2010, 10:22
3 comments
Prince Michael of Kent says that British firms should look closer at investing in Russia, but the UK ambassador says Britain doesn’t water down legal issues for commercial expediency.
Published: 06 September, 2010, 15:05
Edited: 14 September, 2010, 07:18
Russia's number one oil producer, Rosneft has appointed Eduard Khudainatov for a three-year term as CEO to replace Sergei Bogdanchikov.
A merger of Lukoil and Rosneft would build one of the 10th largest oil companies in the World with over $130 bn. in revenues (just a third of Exxon, Shell or BP) but among the top 5 more profitable oil companies, with over $20 bn. in profits...