BP has been released from probation for a spill prior to last year’s Gulf of Mexico spill, a ‘victory’ in the company’s efforts to rebuild its image. Iran has threatened that it will close the Strait of Hormuz (which sees traffic of a third of th...
Sberbank has completed construction of its $103 million high-tech automated archive center outside of Moscow. The company will form a joint venture with France’s BNP Paribas that will offer consumer credit in Russia. Computer company Lenov...
Russia’s Federal Anti-Monopoly service has fined Gazprom Neft $31 million for charging ‘monopolistically high prices’ for diesel and jet fuel. Rosneft and Bashneft were also fined a combined total of $80 million for breaching regulations. Rosnef...
TODAY: Tens of thousands gather in Moscow calling for a Russia without Putin, as Kremlin seeks to dispel protesters’ concerns; Sergei Udaltsov sentence extended, Navalny addresses crowds; Peskov and Surkov defend government; Rogozin appointe...
A great piece by Matthew Rojansky of Carnegie gets right down to the nub of the issue in Russia – if the protests force Putin to allow a more competitive political environment, does that necessarily mean the end of Putinism? Rojansky is san...
Rosneft will spend $15 billion on capital expenditures next year, partly due to an upgrade program for its refineries, which will take investment to record company levels. Shareholders in the Shtokman gas project will discuss at this month’s meet...
Prosecutor General Yuri Chaika says that 31,000 cases of corruption were prevented by Russian police this year. ‘The number of bureaucrats is growing, even though the population as a whole is not.’ Russia unexpectedly cut its benchmark refinanci...
Prosecutor General Yuri Chaika says that 31,000 cases of corruption were prevented by Russian police this year. ‘The number of bureaucrats is growing, even though the population as a whole is not.’ Russia unexpectedly cut its benchmark refinanci...
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