Rosneft : Oil Spilt from Disused Pipeline on Sakhalin Island
Top Russian oil producer Rosneft said on Thursday that around 15 tonnes (110 barrels) of oil spilled off from an idled pipeline on the Pacific island of Sakhalin, while local ecologists say the scale of disaster is far larger. Rosneft said the spill occurred on Wednesday at the Ekhabi oilfield …
Russia Minister Threatens TNK-BP with Spill Damages
Russia’s Natural Resources and Ecology Minister Yuri Trutnev threatened on Thursday to claim damages from Anglo-Russian oil producer TNK-BP over spills in Siberia. Moscow-traded TNK-BP’s shares were down 4.8 percent at 1340 GMT after Trutnev’s threat, underperforming a 1.8 percent rise in the broader market. Trutnev, whose ministry has a …