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breakingnews
08.10.2009, 21:25
Gold is the strangest of commodities, used essentially only for adornment and investment. But the oldest measure of wealth, and its reemergence this decade, tells us a lot about our world.
12.10.2009, 12:19
2 comments
Russian President, Dmitry Medvedev, calls for the economy to move from energy reliance in just over a decade and emphasizes that moves to address the economic downturn should limit Russia’s long term plans.
14.10.2009, 21:58
2 comments
Small and mid-size businesses in Russia generate about 15% of national income - compared with 80% in the U.S. But some foreign entrepreneurs have started businesses in Russia and achieved success - despite the crisis.
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.
16.12.2009, 17:42
2 comments
Britain's special trade representative, the Duke of York, has paid a visit to energy company TNK-BP in what is being seen as a sign British and Russian shareholders have put their disputes behind them.
29.10.2010, 10:54
1 comment
Maintaining oil extraction is a priority for the government, which is also looking to increase the tax take from refiners. They say this may make some downstream operations unprofitable.
13.03.2009, 19:58
Russia helped lead emerging market stocks to a 3-week high on Friday, with higher crude prices, in the lead up to the weekends OPEC meeting, and buoyant global markets providing a welcome upside for local investors.
28.05.2009, 17:39
OPEC has decided not to cut output, despite record levels of crude in inventories and weak demand forecasts, with some cartel members believed to have ignored previous commitments to cut.
11.06.2009, 16:15
Russia won’t reduce oil production in the next three years acording to Deputy Prime Minister, Igor Sechin. But after 2012, output will depend on investment in exploration, which has dropped significantly.
28.08.2009, 19:49
Lukoil is forecasting stagnating oil production in Russial. The government plans huge investment in oil sector to boost production by 10% over the next twenty years, but oil majors say it’s not the matter of money.
Published: 15 October, 2009, 15:54
TNK-BP will invest $1.3 billion dollars over the next 5 years to modernize its Russian refineries to comply with new fuel-quality regulations.
