Archive

June 13, 2008

Energy Blast – June 13, 2008

The European Union has named Gaz de France and Germany’s E.ON in connection with alleged rigging of gas markets. BP Chairman John Sutherland has accused Vladimir Putin of damaging Russia’s reputation through failing to intervene in the...
June 13, 2008

Today in Russian Business – June 13, 2008

Earlier this week, the State Duma passed the first reading of amendments to the minimum wage law that raise the minimum wage to the subsistence level, almost doubling the figure. Steel producer and distributor Esmark rejected a $670 million takeov...
June 13, 2008

RA’s Daily Russia News Blast – June 13, 2008

TODAY: Medvedev’s Russia Day speech focuses on freedom and democracy; Bush and Merkel discuss Russia; Jacques Chirac given Russian award; Yushchenko reassures Russia that its NATO bid is not aimed at Moscow; NATO to discuss Georgia situation. Yest...
June 12, 2008

Fridman Says BP Is “Insulting” the Kremlin

As Bob reported in an earlier post on TNK-BP, BP Chairman Peter Sutherland has really started to irritate the Russians, first by dismissing Alexei Miller’s “apocalyptic” forecast of $250 oil, then by calling out the “corpor...
June 12, 2008

Video: Russian Extremism Takes to Social Media

I recently came across this user-generated news clip from the Current about anti-immigrant hate movements in Russia using online videos to incite and spread their distasteful messages. Along with the new article from the New York Times about the s...
June 12, 2008

TNK-BP Is Hurting Russia

The drama continues to peak in the unfortunate shareholder dispute currently unraveling with TNK-BP. We have Robert Dudley undergoing “interrogations” by the tax authorities, Gazprom first denying then expressing interest in taking ove...
June 12, 2008

What This Town Needs…

From WaPo: “What this town needs is more vodka at noon. To celebrate Russia Day, the embassy invited 2,000 friends yesterday afternoon for vodka, music, caviar . . . and did we mention vodka?” Washington DC socialites hobnob at Ambassa...
June 12, 2008

The Ustinov Apology to Khodorkovsky

This one was published earlier this week in the Moscow Times, but I still thought it would be worth posting up. Mark H. Teeter leaps all over the recent quote by Yuri Chaika, in which he said that prosecutors who have made mistakes will have to &#...
June 12, 2008

Miller’s Prediction and Output Problems

Carl Mortished of the Times has a new piece about $250 oil and the relationship to Gazprom’s output problems. He writes that although “the Russian firm enjoys scaring Westerners; it is ill at ease with its enormous wealth, and bears a ...
June 12, 2008

Video: Deaths in European Fuel Protests

In a post yesterday, Robert Amsterdam opined that Alexei Miller’s prediction of $250 oil was unsupported and irresponsible, especially given the context of social tensions around petrol prices. Here is a video clip of how bad the fuel protes...