||Last Updated: Sep 30, 2014 - 10:44:40 AM
Russia Moves to Take Control of Arrested Tycoon Oil Firm Bashneft
Russia moved to wrest control of an oil company from oligarch Vladimir Yevtushenkov on Friday, seizing his conglomerate Sistema's shares in the firm and deepening investors' fears the Kremlin wants to reclaim prized state assets.
Sep 30, 2014 - 10:43:34 AM
Rosneft Announces Victory in the Kara Sea, Huge Discovery Made
Rosneft estimates 338 billion cubic meters of gas and 100 million tons of oil have just been found in a new field in the Kara Sea, drilled by the West Alpha semi-submersible drilling rig.† Universitetskaya-1 is also the northernmost well in the world located in the icy waters 250 kilometers north of Russia.
Sep 28, 2014 - 9:13:59 AM
Survey Says Bribery Less Onerous, But Still Persists
The nationís business community says corruption has receded somewhat after the EuroMaidan Revolution ousted disgraced former President Viktor Yanukovych in February.
Sep 26, 2014 - 9:26:12 AM
French Wary of Fake Money in EU 300bn Investment Plan
4n economy and industry ministers met in Brussels yesterday (25 September) to discuss ways of funding an ambitious plan by incoming Commission President Jean-Claude Juncker to invest 300 billion over the next five years.
Sep 26, 2014 - 9:09:28 AM
Not Waiting for JPMorgan, Mercuria Plots Global Metals Push
Swiss commodity trader Mercuria, known best for its energy prowess, is mounting an audacious challenge to metal trading titans like Glencore Plc and Trafigura AG [TRAFGF.UL], but not in the way that industry sources had expected.
Sep 25, 2014 - 9:55:06 AM