South Stream: Alexey Miller – “The Project is over.”
President Vladimir Putin said Russia scrapped a proposed $45 billion Black Sea pipeline to carry gas to Europe, the latest sign economic ties with the European Union are breaking down as the Ukraine crisis persists. Shelving the South Stream project ensures pipelines through Ukraine will remain vital supply links to …
South Stream: Alexey Miller – "The Project is over."
President Vladimir Putin said Russia scrapped a proposed $45 billion Black Sea pipeline to carry gas to Europe, the latest sign economic ties with the European Union are breaking down as the Ukraine crisis persists. Shelving the South Stream project ensures pipelines through Ukraine will remain vital supply links to …
Russian President Approves Oil Tax Changes
President Vladimir Putin approved changes to a tax law on Tuesday reducing oil export duties and increasing taxes for mineral extraction in a bid to balance the needs of producers and the Russian budget. The changes to the tax law, known as the “tax manoeuvre”, have long been the focus …
Russian President Approves Oil Tax Changes
President Vladimir Putin approved changes to a tax law on Tuesday reducing oil export duties and increasing taxes for mineral extraction in a bid to balance the needs of producers and the Russian budget. The changes to the tax law, known as the “tax manoeuvre”, have long been the focus …
Sistema’s Chairman, Vladimir Yevtushenkov, Under House Arrest
Russian investigators said on Tuesday they had placed the chairman of conglomerate Sistema under house arrest, accusing him of money-laundering in a move the head of an industrialists’ group condemned as being politically motivated. The charges against Sistema’s Vladimir Yevtushenkov were made in connection with the acquisition of shares in …
Ukrainian Rebels Granted Self Rule and Amnesty – Russia Looks to Build Up Troops in the Crimea
A shaky ceasefire has been in place in eastern Ukraine since 5 September. Ukraine’s parliament has granted self-rule to parts of eastern regions held by pro-Russian rebels, as well as an amnesty for the fighters themselves. The measures are in line with the 5 September ceasefire agreement signed by President …
Rosneft Starts Production on the Northern Tip of Chayvo
Rosneft starts production on the Northern Tip of Chayvo field on the Sakhalin Island. President of Russian Federation Vladimir Putin led the ceremony in a video link from Gorno-Altaysk. Russian Energy Minister Alexander Novak and head of Rosneft Igor Sechin were present on the Sakhalin Island. A new industry record …
Rosneft and Mongolia Signed an Agreement to Arrange the Training of Mongolian Citizens in Rosneft Partner Universities
Rosneft Chairman of the Management Board Igor Sechin and Minister for Education and Science of Mongolia Luvsannyam Gantumur signed an Agreement to arrange the training of citizens of Mongolia in partner universities of Rosneft. The signing ceremony was led by Russian president Vladimir Putin and the president of Mongolia Tsakhiagiin …
Rosneft and ExxonMobil’s Karmorneftegaz Start Drilling With West Alpha in the Kara Sea
Rosneft and ExxonMobil joint venture company Karmorneftegaz began drilling of Universitetskaya-1, the Russian Federation’s northernmost well using the Karmorneftegaz rig. The start of the drilling was launched by Russian President Vladimir Putin during a teleconference with head of Rosneft Igor Sechin and head of ExxonMobil Russia Glenn Waller who were both …
Putin Ups Organic Matter Sanction Games
Russian President Vladimir Putin on Wednesday ordered government agencies to ban the import of agricultural and food products from countries that have imposed sanctions due to the crisis in Ukraine. The retaliatory decree, signed by Putin and released by the Kremlin, said food, raw materials and agricultural products would be …