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04.03.2009, 10:49 2 comments

Russia buys up big on U.S. Treasuries, despite longer term doubts

Russia has become the 5th largest U.S. creditor, after upping its investment in U.S. Treasury bills to more than $116 Billion. But the deteriorating economic situation in the U.S may is leading to longer term concerns.

03.03.2009, 18:09

Global crisis adds to headaches for Sochi 2014 Olympics organisers

Preparations for the Sochi 2014 Winter Olympics are weathering the reallocation of budget monies to support the event, plus financial problems for key backers.

03.03.2009, 11:42

Gazprom 3Q 2008 Net Profit up 16%

Gazprom has posted a 3Q 2008 Net Profit of 131.6 Billion Roubles – $5.4 Billion – under IFRS.

Vladimir Putin (L) with Wen Jiabao (AFP Photo / RIA Novosti / Pool / Alexey Druzhinin) 13.10.2009, 21:37 5 comments

Russia & China: economies moving closer

Russia’s Prime Minister Vladimir Putin, together with a Russian business delegation, has sealed over 3.5 billion dollars in deals with China on energy, infrastructure and space exploration.

14.11.2009, 20:26 5 comments

“Together, South and North Stream will bring a new Europe order”

On Saturday Russia signed a final agreement with Slovenia paving the way for the South Stream gas pipeline project. Prime Minister Vladimir Putin says all European partners involved are now fully on board.

04.11.2009, 22:51 1 comment

Ukraine expects problems paying next gas bill

Ukraine’s energy holding, Naftogaz, has said there are some problems with payments for Russian natural gas supplied in October.

26.03.2010, 13:00 1 comment

Gas key issue as Ukraine, Russia look to restart relations

Russia seems unlikely to significantly lower the price Ukraine has to pay for gas as the Ukrainian Prime Minister held talks with Gazprom and Vladimir Putin in Moscow.

A liquified natural gas (LNG) tanker sits near an LNG plant on Sakhalin island (AFP Photo / Natalia Kolesnikova) 18.02.2009, 12:32 1 comment

Sakhalin 2 LNG production to have major impact for Japanese gas consumers

The world's largest oil and gas project Sakhalin-2 has begun to produce Russia's first LNG for the world market. The first deliveries will go to Japan, where Russian LNG will have a major impact.

20.02.2009, 17:31

Polymetal unveils an extra 1.6 million ounces in its reserves

Polymetal has unveiled a JORC compliant estimate for the Birkachan and Oroch fields, it acquired Canada’s Kinross Gold in 2008, adding adding 1.6 million ounces of gold equivalent to its reserves.

11.08.2010, 19:18

Norilsk calls EGM

Norilsk Nickel has called an Extraordinary General Meeting for October 21. The move comes after 25% shareholder, Rusal, disputed the June AGM, pushing for arbitration involving it and rival shareholder Interros.

Ukrainian security service raids Naftogaz Ukraine

Published: 04 March, 2009, 16:47


The Ukrainian security service has raided the HQ of national gas company Naftogaz Ukraine in an attempt to seize documents relating to the theft of 6.3 Billion cubic metres of gas.

 
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