Siberian man digs 60-meter tunnel, steals 30 tons of crudeAn entrepreneur in southwest Siberia dug a 60-meter-long tunnel and siphoned off some 30 tons of crude oil from a local pipeline, a police spokesman said Wednesday.12:35 27.03.2013
Gazprom denies offering aid-for-licenses deal to CyprusRussian energy giant Gazprom claims it did not offer to bail Cyprus out in return for gas exploration licenses in Cyprus's exclusive economic zone. Cyprus's Sigma TV has reported that representatives of the Russian company submitted the proposal to the office of Cypriot President Nicos Anastasiades on Sunday evening.12:11 19.03.2013
ICAC's decision invalidating sale of Emfesz for $1 upheldThe Moscow District Federal Commercial Court has upheld the ruling of the International Commercial Arbitration Court (ICAC) of the Russian Chamber of Commerce and Industry invalidating the sale of Hungarian gas trader Emfesz for $1.11:49 28.02.2013
$330 mln shareholders' lawsuit against TNK-BP to be heard on March 20The Saratov Regional Commercial Court has scheduled for March 20 the hearing of a 9.984 billion ruble ($330.3 million) claim against TNK-BP.16:36 22.02.2013
Ukraine refuses to pay Gazprom $7 bln penaltyUkraine has refused to pay Gazprom a $7 billion fine under its 2009 "take-or-pay" gas supply contract, says Ukrainian President Viktor Yanukovych.15:10 22.02.2013
Naftogaz loses $3.9 billion lawsuit against Italian traderUkrainian oil and gas operator Naftogaz has lost a $3.9 billion lawsuit against Italian gas trader as ruled by the Arbitration Institute of the Stockholm Chamber of Commerce.15:15 21.02.2013
Gulf oil spill plea warrants history's second largest environmental fineThe US Department of Justice (DOJ) announced Thursday that Transocean Deepwater Inc., the largest offshore drilling contractor in the world, has pleaded guilty to its role in the massive 2010 oil spill that had devastating environmental consequences for the Gulf of Mexico.12:22 15.02.2013
Lithuanian prosecutors suspect Lietuvos Dujos gas supplier of fraudThe Lithuanian Prosecutor General's Office and Financial Crime Investigation Service have searched the office of Lietuvos Dujos natural gas supplier, in which Russia's Gazprom holds a 37.1% stake, and have taken other procedural actions in this regard.10:25 01.02.2013
Ukrainian lawyers drafting response to Gazprom billUkraine is considering its response to Gazprom's $7-billion bill under the country's 2012 take-or-pay contract, Ukrainian Energy and Coal Industry Minister Eduard Stavystky said at a press conference on Wednesday.15:50 30.01.2013
Moscow federal court to hear appeal on $1 sale of Emfesz Feb. 27On February 27, the Moscow District Federal Commerial Court will hear RosGas's appeal of a decision by the International Commercial Arbitration Court invalidating the sale of Hungarian gas distributor Emfesz for $1, RAPSI was told in the Moscow court Friday.14:14 25.01.2013
Ukrainian investigators accuse Tymoshenko of ordering murder over gas dealInvestigators for Ukraine's federal prosecutors have accused former Prime Minister Yulia Tymoshenko ordered the killing of business rival Yevhen Shcherban in 1996 over control of the Donetsk natural gas market.14:07 22.01.2013
Federation Council approves scavenger oil benefits billThe Federation Council has approved on Wednesday a law on benefits for scavenger oil deposits. The document drafted by the Energy Ministry stipulates the use of export customs duties amounting to 10 percent of the ordinary export rate in relation to scavenger oil.16:45 28.11.2012
Court validates criminal case against former TNK-BP top managerThe Moscow City Court has validated the opening of a criminal case against former TNK-BP CEO Igor Lazurenko, his attorney Vladimir Aniskin told RAPSI on Monday.18:10 26.11.2012
RosGas disputes court ruling on sale of Hungarian Emfesz for $1RosGas has filed an appeal against the dismissal of the ruling issued by the Russian Chamber of Commerce's International Commercial Arbitration Court on the unlawfulness of the sale of the Hungarian Emfesz gas trader for $1.15:01 26.11.2012
Gazprom, PGNiG reach agreement on new gas priceGazprom and Polish oil giant PGNiG SA have signed a supplementary agreement to their gas contract, thereby changing the prices of supplies to Poland via the Yamal-Europe pipeline.17:22 06.11.2012
RWE Transgas wins lawsuit against GazpromThe Austrian Federal Economic Chamber's International Arbitral Center in Vienna has ruled in favor of RWE Transgas in its dispute against Gazprom regarding its obligations under "take or pay" contracts, RWE reported on Thursday.14:34 25.10.2012
ICAC ruling invalidating Hungarian gas trader sale for $1 upheldThe Moscow Commercial Court has held against RosGas in its claim against Cypriot Mabofi Holdings Ltd. to reverse an arbitration tribunal’s decision on the sale for $1 of Emfesz, a Hungarian gas trading company.10:49 16.10.2012
$16.15 million Kerch Strait oil spill recovery upheldThe Thirteenth Commercial Court of Appeals upheld a lower court ruling granting the recovery of $16.15 million in damages arising from an oil spill in the Kerch Strait, the Supreme Commercial Court's website reports.17:19 04.10.2012
Gazprom Neft subsidiary suspected of illegal well operationThe prosecutor's office in the Yamalo-Nenets Autonomous Area has filed six administrative cases with a local commercial court against Gazpromneft-Noyabrskneftegaz for breaking the law while operating oil wells.16:17 01.10.2012
TNK-BP branch's $1.5 mln lawsuit against gas company to be heard on Sept. 20The Moscow Commercial Court has postponed until September 20 the main hearings in Rizben Enterprises Ltd.'s lawsuit to recover 49.429 million rubles ($1.55 million) from RUSIA Petroleum, which previously held the license to the Kovykta gas field.16:44 11.09.2012