Ukraine revives criminal case against Naftogaz's former CEO BakulinThe Ukrainian Prosecutor General's Office has revoked its decision to close a criminal case against Yevhen Bakulin, former CEO of the state-run company NAK Naftogaz Ukrainy.15:35 19.09.2014
Chairman of AFK Sistema arrested on suspicion of money launderingVladimir Yevtushenkov, board chairman of Russia’s largest publicly-traded diversified holding company Sistema, has been charged with money laundering and placed under house arrest, Investigative Committee spokesman Vladimir Markin announced on Tuesday.10:51 17.09.2014
New EU sanctions target Russia’s oil and defense companiesThe new EU sanctions aim to limit the Russian oil and defense companies’ access to the European capital market. The companies include Oboronprom, United Aircraft Corporation, the Kalashnikov Concern, Uralvagonzavod, Rosneft, Transneft and Gazprom Neft, RIA Novosti announced, citing information published in the EU’s Official Journal Friday.11:47 12.09.2014
Russian Customs service to reimburse $86 million to RosneftThe Supreme Court has dismissed the Federal Customs Service’s appeal against the lower courts’ ruling obliging the service to reimburse 3.2 billion rubles ($86.1 million) in excessive customs duties paid by Rosneft’s RN Holding, RIA Novosti learned in court on Thursday.14:47 11.09.2014
Putin: Naftogaz suit against Gazprom axes discount for UkraineThe fact that Ukraine’s Naftogaz has invoked arbitration proceedings against Gazprom prevents Russia from giving Ukraine gas price discount, President Vladimir Putin said.10:35 27.08.2014
Rosneft lawsuit on access to Sakhalin-II pipeline to be heard in SeptemberThe Sakhalin Region Commercial Court on Wednesday postponed until September 10 the hearing of a lawsuit filed by Rosneft against Sakhalin Energy (with Gazprom being the majority shareholder) in which it demands access to the Sakhalin-II gas pipeline.12:55 06.08.2014
Sakhalin Energy asks court to delay Rosneft lawsuit hearingSakhalin Energy, the operator of the Sakhalin-2 oil and gas project, has filed a motion in a commercial court to postpone the hearing of a Rosneft lawsuit on accessing a pipeline. Rosneft has sued Sakhalin Energy for permission to transport up to eight billion cubic meters of natural gas annually via the Sakhalin-2 pipeline under its ExxonMobil project.14:19 04.08.2014
Former Yukos shareholders ready to compromise with RussiaFormer Yukos shareholders are ready to compromise with Russian officials after the International Court of Justice in The Hague ruling if government officials can present reasonable and grounded suggestions, the director of Group Menatep Limited (GML), Tim Osborne, told RIA Novosti.17:04 29.07.2014
Rosneft subsidiary doesn’t have to pay $186 million to Yukos CapitalThe Samara Region Commercial Court has ruled in favor of Rosneft’s second largest oil and gas subsidiary, Samaraneftegaz, which was ordered by the US District Court for the Southern District of New York to pay $185.9 million to Luxembourg-based Yukos Capital, RAPSI learned at the court on Monday.15:43 28.07.2014
Russia to pay $50 bln compensation to former Yukos shareholdersThe Permanent Court of Arbitration in The Hague has ruled on the former Yukos shareholders’ $114 billion damages lawsuit against Russia, which will have to pay them $50 billion in compensation, Kommersant newspaper writes, citing sources.10:25 28.07.2014
Lithuanian court to hear Gazprom’s request to drop $48 million antitrust fineThe Vilnius Regional Administrative Court (VAAT) on Tuesday accepted Gazprom’s complaint against a 123 million Lithuanian lita ($48 million/EUR 35.7 million) fine for anti-competitive behavior, including overcharging customers and blocking rival suppliers, the court’s press secretary told RIA Novosti.15:11 08.07.2014
Rosneft files a suit against Gazprom seeking access to Sakhalin-II pipelineRosneft has filed a lawsuit against Sakhalin Energy (with Gazprom being the majority shareholder) in which it demands access to the Sakhalin-II gas pipeline, RIA Novosti reports on Monday.16:08 07.07.2014
Ukraine approves law on partial ownership gas transit facilities by EU and USThe Ukrainian parliament has approved a law in the first reading that would allow the government to establish a gas distribution system operator that could be 49% owned by investors from the US or the EU.14:12 04.07.2014
Ukraine’s Naftogaz may sue Gazprom over gas transit contractKiev may file with the Arbitration Institute of the Stockholm Chamber of Commerce a lawsuit seeking revision of a gas transit contract with Russia’s Gazprom, Naftogaz of Ukraine CEO Andrei Kobolev told journalists on Monday.15:39 23.06.2014
Gazprom may file another $18 bln lawsuit against Ukraine’s Naftogaz in StockholmGazprom may file another lawsuit with the Arbitration Institute of the Stockholm Chamber of Commerce to recover $18 billion from Ukraine, according to Gazprom CEO Alexei Miller.10:28 17.06.2014
Gazprom files $4.5 bln lawsuit against Ukraine’s Naftogaz in StockholmGazprom has filed a lawsuit with the Arbitration Institute of the Stockholm Chamber of Commerce to recover Ukraine’s $4.5 billion debt for gas, the Russian gas supplier said in a statement.12:25 16.06.2014
Ukraine insists on $268 price for 1,000 cubic meters of gasUkraine is insisting on a number of changes to its gas price contract with Russia, Prime Minister of Ukraine Arseniy Yatsenyuk said at a meeting of the Ukrainian government, RIA Novosti reports.13:19 11.06.2014
Ukraine to demand $268,5 for Russian gas in the arbitration caseUkrainian Naftogaz in its lawsuit against Russian monopoly Gazprom will demand a fixed price of $268,5 per 1,000 cubic metres of gas, Ukrainian Justice Minister Pavel Petryenko told RIA Novosti on Monday.15:30 02.06.2014
Naftogaz hires Norwegian law firm for arbitration with GazpromAccording to the Ukrainian state procurement registry update posted on Wednesday, Naftogaz has enlisted lawyers from the Norwegian Wikborg, Rein & Co. firm for the upcoming litigation with Russian gas monopoly, Gazprom.13:11 28.05.2014
Gazprom subsidiary alleges fraud in $43-million project in VenezuelaGazprom Latin America Servicios C.A. (Gazprom), the world's biggest natural gas producer’s subsidiary, alleges fraudulent conduct during the construction and installation of a natural gas compression plant in Venezuela estimated at $43 million.10:41 27.05.2014