Bashneft said Tuesday that it will try to continue to work with LUKoil on the Trebs and Titov oil-field complex despite a regulatory decision that effectively ejects the country’s second-largest oil company from the project.
Bashneft said Tuesday that it will try to continue to work with LUKoil on the Trebs and Titov oil-field...
The Federal Subsoil Resource Use Agency, or Rosnedra, which is responsible for subsoil licenses for mineral and energy resources, canceled a decision to grant a license for Trebs and Titov oilfields to a consortium of Bashneft and LUKoil.
The Federal Subsoil Resource Use Agency, or Rosnedra, which is responsible for subsoil licenses for mineral and energy resources, canceled a decision to grant a license...
... the spring thaw arrives at the end of May.
Midsize oil producer Bashneft has fired two senior executives as the company tries to clean up an Arctic oil spill before the spring thaw arrives at the end of May.
A blowout at a wellhead in the Trebs and Titov oil-field complex resulted in at least 13.5 million rubles ($434,000) of damage last month. The gusher lasted for more than 24 hours before rescue workers shut it down.
The director for Bashneft's department of oil and gas production Rinat...
By Howard Amos and Jonathan Earle / The Moscow Times
... former Sechin aide Alexander Popov was named head of the Federal Subsoil Resource Use Agency, a key regulatory body which distributes licenses for mineral exploitation. Popov has already made his presence felt with a decision to push LUKoil away from the Trebs and Titov oil field it jointly operates with Bashneft (see related story, p. 7).
Others dismissed the significance of the appointment because Sechin will exert extensive power wherever he is placed.
“Exactly which post Sechin occupies is...
Sweden’s Loreen won the Eurovision Song Contest in Azerbaijan on Sunday before an international TV audience of 100 million, days after angering Azeri authorities by meeting rights activists critical of the host country’s human rights record.
Ukraine's ruling party has triggered violent protests with a move to upgrade the official role of Russian, a sensitive issue opponents say will split the country.
A manager for the Aeroexpress train service faces fraud charges after being caught taking a bribe in exchange for extending a shop's lease at Sheremetyevo Airport, police said.
A Russian cargo ship loaded with weapons is en route to Syria and was due to arrive at a Syrian port over the weekend, Al Arabiya television said in a report that Western diplomats in New York described as credible.
President Vladimir Putin will travel to Belarus on May 31 for his first foreign visit since taking office earlier this month, followed by a trip to Germany and France.
Diplomas from 210 foreign universities will now be acknowledged in Russia without an additional state evaluation, according to a government order published Friday by Rossiiskaya Gazeta.
The movement that gave us rallying cries like "for fair elections" and "Putin thief!" may have found a new slogan to add to their repertoire: "cigarettes and alcohol."
In "The Godfather," author Mario Puzo describes criminal boss Don Corleone's organization as a highly centralized money-making machine. The Godfather is the CEO of an underground business empire, a kind of shadowy Henry Ford who collects all the money and makes all the decisions.
A tabloid claims that Russian intelligence agencies are investigating the possibility that the U.S. military may have brought down the Sukhoi Superjet that crashed in Indonesia.
A 46-year-old furniture magnate was killed with six gunshot wounds to the head and chest early Sunday as he arrived in his Mercedes at his home in the Moscow region.
President Vladimir Putin on Monday announced the makeup of the new Cabinet answering to Putin and Prime Minister Dmitry Medvedev, with three-fourths of the members having been replaced.
Russia's group Buranovskiye Babushki has made it into the finals of the Eurovision Song Contest in Baku, Azerbaijan, bringing the elderly folk singers from a far-off Russian village to the attention of more than 100 million viewers around the world.
Prime Minister Dmitry Medvedev insisted that the “reset” was still on during a meeting with U.S. President Barack Obama on the sidelines of a weekend G8 summit at Camp David.
Sweden’s Loreen won the Eurovision Song Contest in Azerbaijan on Sunday before an international TV audience of 100 million, days after angering Azeri authorities by meeting rights activists critical of the host country’s human rights record.
As Moscow gears up to celebrate its victory in World War II, 67 years ago Wednesday, the shadow of political conflict shrouds the capital as hundreds of arrests cloud Victory Day festivities.
A stunning 121-megapixel snapshot of the Earth was taken by a Russian weather satellite in what is thought to be the highest resolution picture of the planet ever taken from space.
Search and rescue helicopters and volunteers struggling through thick forest and mountainous terrain spotted bodies but no survivors on the Indonesian mountainside where a Sukhoi Superjet 100 crashed by the time darkness forced an end to the search Thursday night.
Moscow’s sky was back to normal Friday after a mysterious green cloud that descended on part of the city and prompted emergency calls from residents fearing a chemical spill had dissipated.
A tabloid claims that Russian intelligence agencies are investigating the possibility that the U.S. military may have brought down the Sukhoi Superjet that crashed in Indonesia.
A 46-year-old furniture magnate was killed with six gunshot wounds to the head and chest early Sunday as he arrived in his Mercedes at his home in the Moscow region.
Three thrill-seekers who climbed two Vladivostok bridges earlier this week and took photos from the top were fined 300 rubles ($10) each for trespassing.
President Vladimir Putin on Monday announced the makeup of the new Cabinet answering to Putin and Prime Minister Dmitry Medvedev, with three-fourths of the members having been replaced.
A dark cloud was cast Wednesday on the revival of Russia’s aviation industry when a Sukhoi-built Superjet 100 with 50 people on board disappeared from the radar screens of Indonesian flight controllers.
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