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Russian Business and Law News


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9.08.2007 13:26

Very soon Gazprom, which is already the most expensive European company, may be rated first in the world. Gazprom controls the richest gas deposits and there is much left to explore in Siberia.


8.08.2007 17:29

The Kamchatka police, the Far East, have detected deathful arsenic in Chinese dietary supplement Zhujdemen. The share of arsenic exceeds the maximum concentration limits 1.8 times in the arrested lot of tea and 6.2 times in capsules of the same name.


8.08.2007 12:16

The European Bank of Reconstruction and Development has broken off negotiations on financing the Sakhalin II project. Presently the Bank is not able to secure the proper provision of finance, the official representative of Gazprom said.


7.08.2007 17:29

Russia is going to lodge an application for new outer limits of the continental shelf in the Arctic Ocean for the UN.


7.08.2007 01:46

Russia and Afghanistan have signed an agreement on settlement of debts Afghanistan owed to the former USSR. According to the Russian party, it amounts to 11 billion dollars. Moscow is ready to write off 90% of the sum.


6.08.2007 15:10

Green Oil Company has charged Russian Lukoil and several other firms operating on the American market with price collusion aimed at overshooting of wholesale prices on oil products.


6.08.2007 11:58

The Georgian International oil and gas corporation has claimed that Russian Gazprom owes it 2 million dollars for the last three months of gas transit to Armenia.


3.08.2007 15:29

Most politicians of the island tend to accept the offer to extend the port, as a bigger port can attract new investors and tourists to Gotland and allows establishing new sea links.


3.08.2007 12:35

The EBRD is planning to invest heavily in development of a new Russian plant of Volkswagen. 30 million Euros might be spent on acquirement of the enterprises stock 250 million Euros as a credit to the company.


2.08.2007 16:12

A total ban on sturgeon fishing and black caviar production has come into force in Russia. This is the only way for sturgeons to survive, believe specialists.


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