LUKOIL to appeal against court order over license for Trebs and Titov oil fieldsLUKOIL's Chief Executive Officer Vagit Alekperov has told journalists on Wednesday that the company would file an appeal against a court ruling which revoked the license for the Trebs and Titov oil fields held by the joint venture of LUKOIL and Bashneft.14:41 10.12.2014
Gazprom managers face corruption charges in Switzerland - reportSwitzerland is suing former Gazprom board member, Bogdan Budzulyak, and current top manager, Alexander Shaikhutdinov, Tages Anzeiger reported on Wednesday.13:27 10.12.2014
ECHR to examine Russia’s request over Yukos ruling on December 15European Court of Human Rights (ECHR) has announced on Wednesday that a panel of five judges will examine on December 15 a request filed by Russia seeking referral of the Yukos case to the Grand Chamber of the court.12:36 10.12.2014
Moscow court revokes license for Trebs and Titov oil fieldsThe Moscow Commercial Court reviewed the license of the Trebs and Titov oil fields which was held by Bashneft Polyus, a Bashneft and Lukoil joint venture, and revoked it.11:36 04.12.2014
London's High Court blocks bid by Rosneft to halt sanctionsLondon's High Court has dismissed an application filed by Russian oil giant Rosneft to block the move introducing criminal liability in the UK for violation of sanctions against Russian companies.17:13 28.11.2014
Ukrainian court upholds ruling to nationalize two Russian pipelinesAn appeals court in the town of Rivne in western Ukraine has upheld the ruling to seize 1,400 kilometers (about 875 miles) of two transit oil products pipelines owned by a company under control of Russia's Transneft, RIA Novosti reported on Wednesday, citing Ukrainian Prosecutor General’s Office.17:18 26.11.2014
Crimea’s major oil and gas supplier short $18.6 mlnThe funds allegedly embezzled from Chernomorneftegaz in Crimea totaled 845.2 mln rubles ($18.6 mn), RIA Novosti reports on Tuesday citing Pavel Tokarev, Head of the Financial Supervision Service of Crimea. Chernomorneftegaz is an oil and gas company that is a significant part of the tax base in Crimea.16:57 25.11.2014
Top managers of Naftogaz's subsidiary are suspects in embezzlement caseBoard chairman of Ukrgasvydobuvannya, a subsidiary of state-owned Naftogaz of Ukraine, his deputy are suspected of abuse of authority which allegedly caused over 16.8 mln hryvnia ($1.1 mln) in losses.16:31 24.11.2014
AFK Sistema won't appeal against Bashneft stock forfeitureAFK Sistema has announced on Thursday that it won't appeal against the court ruling ordering the company to forfeit Bashneft stock.13:35 13.11.2014
Gunvor claims to be caught up in political crossfire over alleged investigationSwiss oil trader Gunvor says it has not been notified of an investigation involving its contracts and has denied all reports about inspections by regulatory authorities as unsubstantiated rumor, according to the company statement released on Thursday.14:13 06.11.2014
Antitrust case opened against Russian oil giants, including troubled BashneftThe Federal Antimonopoly Service announced on Wednesday that a case has been opened against major Russian oil producers Bashneft, Rosneft, Lukoil, and subsidiary of the latter Lukoil-Rezervnefteprodukt over gasoline price increase.17:43 05.11.2014
Gazprom Neft files claim with EU Court of Justice over sanctionsGazprom’s oil-producing subsidiary has lodged a claim with the EU Court of Justice over EU sanctions, RIA Novosti reported on Tuesday. The claim was registered on October 24.11:12 29.10.2014
Rosneft proposes package of retaliatory measures to Western sanctions - reportRussia’s largest oil producer Rosneft, which is on the Western sanctions list, has proposed a package of retaliatory measures, Kommersant newspaper reports on Wednesday, citing government officials.10:38 29.10.2014
Former Bashneft CEO Ural Rakhimov faces seizure of assetsUral Rakhimov, former CEO of Russian oil company Bashneft, which came under scrutiny in connection with the AFK Sistema case, faces seizure of assets, reads the ruling of the Moscow City Court issued on Monday.10:56 27.10.2014
Naftogaz ordered to give up 5 billion cubic meters of gasKiev court on Friday ordered Ukraine’s largest state energy holding Naftogaz to reimburse the gas transit system operator Ukrtransgaz with 4,751 billion cubic meters of gas, UNIAN agency reports citing the court’s statement.13:02 24.10.2014
Court hearings over access to Sakhalin-II to resume October 20The commercial court of the Sakhalin Region adjourned the preliminary hearing of a case brought by Rosneft against Sakhalin Energy Investment Company Ltd., an operator of the Sakhalin-II pipeline, until October 20.11:01 13.10.2014
Ukraine won't secure interim relief in proceedings against Russia - opinionUkraine is unlikely to secure interim relief in arbitral proceedings against Russia over gas deliveries, Vsevolod Miller, a lawyer at Moscow-based Yukov and Partners law firm, told RAPSI.16:18 08.10.2014
Putin signs law on Reserve Fund to cover shortfalls in the budgetRussian President Vladimir Putin has signed into law a bill that allows the use of extra oil and gas revenues to replenish the Reserve Fund and cover shortfalls in the budget starting on January 1, 2015.14:00 06.10.2014
Russia closes case against Greenpeace over raid on oil rig in 2013The Russian Investigative Committee has closed a hooliganism case against Greenpeace activists that scaled Gazprom drilling rig in the Pechora Sea in September 2013.13:50 01.10.2014
AFK Sistema chairman Yevtushenkov denied bailBillionaire Vladimir Yevtushenkov, the board chairman of Russia’s holding company AFK Sistema, will remain under house arrest, according to the ruling issued by The Basmanny District Court on Thursday.13:05 25.09.2014