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Russian Business and Law News


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30.09.2014 22:46

Rosneft chief Igor Sechin has personally rejected rumors that his company is behind the Yevtushenkov case after Bashnefts future has been undermined by a controversial court ruling.


30.09.2014 22:39

Former Bashneft CEO Ural Rakhimov has abused his fathers position as the regions governor to embezzle the oil giants shares, says a ruling of the Moscow City Court.


27.09.2014 09:39

Igor Sechin called the success of the event a common victory of all project participants, as Rosneft Oil Company has successfully completed the drilling of the worlds northernmost Arctic mine Universitetskaya-1 which resulted in the discovery of oil in the license area of Vostochno-Prinovozemelsky-1 in the Kara Sea.


29.09.2014 10:03

The Russian national currency dropped again amid uncertainty in Ukraine and around the Yevtushenkov case involving Bashnefts stocks.


29.09.2014 15:49

Russias Minister of Economic Development has expressed his surprise over the prosecutors decision to return Bashnefts stocks to the state.


28.09.2014 12:47

The Commercial Court of Moscow has arrested Bashnefts stocks owned by Russias largest publicly traded holding Sistema.


28.09.2014 12:39

Russia could lose up to $50 billion, or 4 percent of GDP, due to sanctions and a drop in oil prices, says a report by Russias Finance Ministry.


28.09.2014 12:31

Russias GDP dropped 0.4 percent in August, according to a report by Russias Economic Development Ministry.


27.09.2014 16:55

Rosneft has claimed the discovery of a new oil field in the Kara Sea in a joint effort with the US giant ExxonMobil after six weeks of drilling and studies.


22.09.2014 12:46

Rosneft has enough capability to continue exploratory drilling on Universitetskaya-1, Russias northernmost well, without ExxonMobil, the Russian oil giants vice-president told investors in Sochi.


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