Sistema chairman Vladimir Yevtushenkov's house arrest sends stocks crashingShares in Sistema collapsed by 28 per cent in the first half hour of trading at Moscow's MICEX stock exchange on Wednesday.
Yukos owners win $50 billion in 10-year fight with RussiaThe multi-billion-dollar award against Russia marks a fresh headache for President Vladimir Putin, who’s facing intensifying US and Europea...
ONGC Videsh Ltd follows Rosneft, to pledge future oil for $700 million loanONGC Videsh Ltd might pledge future oil production to raise $700 mn for bankrolling $4 billion acquisition of stake in a Mozambique gas fie...
- Fallen oil giant Yukos sues Russia for $98 bn: Court
Fallen oil giant Yukos is suing the Russian government for a record 98 billion dollars in the European Court of Human Rights, the court sai...
- Mechel at Putin's mercy
Russia’s bear grip is sparing none. After Yukos and TNK-BP, it’s the turn of OAO Mechel to face the wrath of the Russian state.
- Russia's Rosneft aiming to become top global oil company
State-controlled Russian group Rosneft wants to extract 140 million tonnes of oil by 2012 and become a global top three energy company, its...
- Moscow court targets Russneft oil tycoon over tax claim
A Moscow court issued an arrest warrant on Tuesday for the former chief executive of Russian oil group Russneft, who is accused of tax evas...
- Russian tycoon in race for Russneft
Russian aluminium tycoon Oleg Deripaska’s company said on Monday it is seeking regulatory approval to buy private oil group Russneft, whose...
- Oil cos pull out as Russia takes to nationalism
Except for a brief moment in 1983, when the Soviet Union shot down a Korean airliner in that area, Sakhalin has been mostly anonymous.
- Deutsche Bank offers to buy Yukos
Yukos has received a takeover offer from the Russian subsidiary of Deutsche Bank, the company’s chairman said in a report on Monday, a move...
- End of Yukos?
A court ruling expected on Tuesday on bankruptcy for Yukos could seal the end of Russia’s former top oil producer after an unprecedented ju...
- Yukos creditors reject recast plan
Yukos Oil’s creditors voted to liquidate what was once Russia’s biggest oil producer. A Moscow judge will next month decide the company’s f...
- Rosneft mops up $10.4bn in IPO; Yukos raises pitch
Russian oil firm Rosneft said on Friday its record IPO, the world’s fifth biggest, raised $10.4bn.
- ONGC plans to pick up 5% in Rosneft for $3bn
ONGC is considering investing $3bn to take up to 5% equity in Russian state oil firm OAO Rosneft, which is making an IPO.
- ONGC may buy 5% in Rosneft IPO for $4bn
ONGC is on the prowl again. And this time it is looking north for making some strategic investments in the Russian oil empire.
- ONGC may take 5% equity in Russian firm
ONGC may take upto 5 per cent equity in Russian state oil firm OAO Rosneft, which is making an initial public offering (IPO), if the Indian...
- Corporate raiders and their arc
LN Mittal’s five-month-long war of nerves to acquire Arcelor and eventual success have aroused interest in other corporate raiders who’ve p...