Minority shareholder asks central bank to block MICEX- RTS merger

Evrofinance Capital, a 6.2 percent shareholder in Russia's MICEX exchange, has asked the central bank to block MICEX's merger with the country's RTS stock exchange, Kommersant business daily reported on Friday.

// Jul. 29, 2011 - 08:07 GMT


Norilsk Nickel Q2 nickel output down 8.5 pct to 65,000 T

Norilsk Nickel, the world's largest nickel and palladium producer, posted an 8.5 percent fall in its second-quarter nickel output to 64,694 tons compared to the previous quarter, Norilsk Nickel said on Thursday.

// Jul. 28, 2011 - 06:53 GMT


Kazakhstan increases oil export duties 16% - statement

Kazakhstan has increased the rate of its customs duties on the export of oil products by 16.2%, but has not changed the duties on crude oil, the government said in a statement on Thursday.

// Jul. 28, 2011 - 04:25 GMT


Medvedev signs law to harmonize Customs Union, EU technical regulations

Russiaâ™s President Dmitry Medvedev signed a law on Wednesday to reform Russiaâ™s system of technical regulation and harmonize it with the technical regulation, standardization and certification systems of the post-Soviet customs bloc and the European Union. </p>

// Jul. 27, 2011 - 08:28 GMT


Shell may invest $1 bln to produce shale gas in Ukraine

Royal Dutch Shell may invest no less than $1 billion in geological exploration and production of shale gas in the Kharkiv region in north-east Ukraine, Deputy Governor Yury Sapronov said on the regional government website on Wednesday.

// Jul. 27, 2011 - 08:00 GMT


Russia may raise taxes after 2012 presidential elections - deputy finance minister

Russia may have to increase taxes in 2013 following the presidential elections next year but will try to avoid this, Deputy Finance Minister Sergei Shatalov said late on Tuesday.

// Jul. 27, 2011 - 07:03 GMT


Siberian Anthracite plans London IPO in fall

Russian anthracite coal maker Siberian Anthracite plans to hold an initial public offering on the London Stock Exchange in the fall, a banking source said on Wednesday.

// Jul. 27, 2011 - 06:47 GMT


Norilsk Nickel 2010 net profit up 17 pct to $3 bln

Russia's largest nickel miner Norilsk Nickel saw 2010 net profits rise 17 percent to $3.1 billion to IFRS, the company said in a statement on Friday.

// Jul. 22, 2011 - 07:32 GMT


Gazprom signs 4th memorandum on LNG supply to India

Gazprom subsidiary Marketing&Trading Singapore, or GM&TS, has signed a fourth memorandum of understanding on liquefied natural gas supplies to India with Indian Oil Corporation Limited, Gazprom said in a statement on Thursday.

// Jul. 21, 2011 - 08:22 GMT


Russia's central bank withdraws license from Moscow-based AMT

Russia's central bank has withdrawn the operating license from Moscow-based mid-sized AMT Bank over irregularities in its financial statements, the regulator said on Thursday.

// Jul. 21, 2011 - 07:50 GMT