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07.07.2010, 11:44

Global players continue push on energy generation reform

Russia's plans to liberalize its energy sector have been hit by the economic downturn, but after almost two years, demand and prices are slowly returning to pre-crisis levels.

07.07.2010, 11:33

Business hotshots descend on Urals for innovation forum

On July 15 – 19, Russia’s city of Ekaterinburg will host a meeting of the business and political elite of the country – The Ural International Exhibition and Forum of Industry and Innovation “Innoprom-2010”.

06.07.2010, 19:24

Russia and Bulgaria smooth out South Stream road

First Deputy Prime Minister, Viktor Zubkov says a joint 'road map' for construction of the South Stream gas pipeline will be signed within days.

Gulf of Mexico (AFP Photo / Saul Loeb) 07.07.2010, 17:37

ESPO crude output moves in on US market

The BP Gulf of Mexico drilling disaster is creating an opening for Russian crude exports to the United States, with the ESPO pipeline output coming into West Coast refiners range of options.

07.06.2009, 09:21 2 comments

“When the dollar went up, the markets went down”

The US is the biggest economy in the world, and if the blame for the global economic crisis is put on the US, it is put on the centre of the financial world - it is the same thing.

29.06.2010, 11:36 1 comment

ConocoPhillips and Russia

Amidst a major shakeup of the global oil market, James J. Mulva CEO of US oil major, ConocoPhillips, spoke with business RT about the company’s plans in Russia.

27.07.2010, 15:33 1 comment

New BP CEO has the hard yards ahead

2 years after fleeing Russia in the midst of a shareholder dispute between BP and its AAR joint Venture partners at TNK-BP, former TNK-BP head has been tapped to take over the reins at BP.

Image from flickr.com/photos/panic-embryo/ 17.08.2009, 11:18 1 comment

Russia and Venezuela edge closer to an oil deal

A consortium of Russian oil majors, together with Venezuela's national oil company, are looking to jointly invest about $30 billion dollars in developing the Orinoco oil fields.

image from www.rosneft.com 06.09.2010, 15:05 1 comment

Rosneft appoints new CEO

Russia's number one oil producer, Rosneft has appointed Eduard Khudainatov for a three-year term as CEO to replace Sergei Bogdanchikov.

RIA Novosti / Aleksey Druzhinin, STF 29.07.2010, 12:23

Lukoil buys back shares from stakeholder

Russian oil producer, Lukoil, will buy 7.6% of its own stock from US oil firm ConocoPhillips for $3.44 billion, Conoco said in the statement.

The impact of Russian oil in the United States

Published: 07 July, 2010, 18:06
Edited: 09 July, 2010, 04:06


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.

 
3 COMMENTS
John July 07, 2010, 19:47 quote
0

Dear Matvey Taits, who is protecting interest of Russia and Russians people? You should think about that first. National interest is a priority of any civilize country. In most provinces of Canada electricity grid is a government-owned public utility. Nothing is wrong if government is controlling prices on essential products such as energy, food, transportation and so on. It is especially important if you do not human resources market. Before pushing on energy generation reform lets establish fair salary market including minimum salary of 10 euros per hour with maximum of 40 hours per wk and 150% hourly payment, if person works more than 40 hr/wk. Sick days (10 days a year must be 100% paid), compensation for injuries, extended health (10000 euros per year) , dental coverage (3000 euros a year), disabilities on work place (70% of his yearly salary for the rest of his life), ten holidays days must be covered too if worker is not working this holiday day but if he does, another 150% of his hourly salary for every working hour. Oh, vacation must be paid too, it is another 6% of his yearly salary. So, Mr. Taits work on it before pushing any kind reform, otherwise you would present “global players” as greedy bunch of crooks who wants to violate human rights on fair market salary.

PR101 July 09, 2010, 00:41 quote
0

More pollution for Russia; more pollution for the United States; clear setback for the research and the development of clean green energy. John I do not think that those in power in Russia at this moment have the best interests of the Russian people in their hearts for if they did food would prices would not have risen twice the rate of inflation. The Russian people will be left with polluted raped earth and very little long term protection of their future. Just take a look patterns of Russia’s mining industry. This will not be any different.

PR101 July 09, 2010, 00:44 quote
-1

John Mr. Putin has not brought the real change the Russian people were demanding and I am deeply saddened by this fact. I do despair for the Russian people; pity the nation with so much wealth but a nation that has created few billionaires and millions of poor people.

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