Mikhail Prokhorov returned to his office at Norilsk Nickel headquarters on Monday, his spokesman proclaiming that his four-day detention by the French police on suspicion of pimping was a “regrettable misunderstanding”.
While that may very well be the case for the French, what Russian rivals of Prokhorov will now understand about the scandal could be regrettable [...]
Norilsk Nickel General Director Mikhail Prokhorov, who was released from custody in France by a Lyon court ruling on Friday, has returned to Moscow and will be at work on Monday,
Norilsk Nickel spokesman Sergei Chernitsyn told Interfax.
“As expected, this event [...]
A BP PLC-led consortium resumed production of natural gas at a Caspian Sea field one month after it was halted due to unspecified technical problems, Azerbaijan’s state oil company said Monday.
Gas from the Shah Deniz field — one of Azerbaijan’s largest — has been keenly awaited by both Azerbaijan and neighboring Georgia, both of which [...]
Sumitomo Corp., Japan’s third-largest trading company, is considering teaming up with a Russian partner to develop a coal field in Siberia that could help to meet growing demand for the fuel from Japanese steelmakers.
Russian companies will take the lead in developing the Elga deposit in Russia’s Republic of Sakha (Yakutia), Sumitomo Managing Executive Officer Michihisa [...]
Russia and Belarus sought Tuesday to resolve a damaging trade battle that has led Moscow to halt oil supplies to several EU nations via Belarus, causing fresh alarm in Western Europe over its reliance on Russian energy.
A delegation led by Vice-Premier Andrei Kobyakov flew to Moscow on Tuesday to find a solution to the halt [...]
Gazprom, the world’s largest producer of natural gas, and Russia’s largest enterprise, has disclosed that it is considering a plan to explore for gas and oil in Equatorial Guinea.
A Gazprom spokesman told Mineweb that Gazprom’s deputy chief executive, Alexander Medvedev, was in Equatorial Guinea this week, and met the President, the Minister of Power, and [...]
A disclosure from the Murmansk region of northwestern Russia that a delegation of Barrick officials recently tabled a plan to invest more than $600 million to mine for platinum group metals (PGM) has drawn a sharp denial from Norilsk Nickel, Russia’s dominant PGM miner.
“I’ve never heard of anything regarding this project,” Norilsk Nickel’s spokesman Victor [...]
Imprisoned Russian oil tycoon Mikhail Khodorkovsky is a suspect in a new money-laundering investigation, raising the possibility that the Kremlin foe, already serving an eight-year sentence for tax evasion and fraud, could spend many more years in prison, his attorney said Wednesday.
Khodorkovsky, his imprisoned partner Platon Lebedev, also a suspect, and their attorneys were summoned [...]
A Russian cargo plane carrying around 330 kilograms (730 lbs) of enriched uranium from Germany has landed at an airport near Moscow, Russia’s nuclear watchdog said.
The uranium was supplied to the Rossendorf nuclear research center, shut down in 1991, as part of bilateral cooperation agreements between the former Soviet Union and former East Germany, the [...]
Russian experts working by night removed a large quantity of highly enriched uranium from a Soviet-era reactor in Germany on Monday and flew it to Russia for processing.
Anti-nuclear protesters forced a convoy carrying the material to stop briefly despite efforts to keep the route secret and a heavy police presence.
Some 326 kg (717 lb) of [...]
