Melissa's Feed
Dec 14, 2011

Russian TV struggles with Kremlin control

MOSCOW, Dec 14 (Reuters) – For one evening last week,
Fox News was among Russian television’s best sources of
information on the swell of protest in Moscow against alleged
fraud in a parliamentary election that handed victory to Prime
Minister Vladimir Putin’s party.

One of Russia’s state-controlled national television networks
was quick to seize on the U.S. news channel’s erroneous use of
footage showing rioting in Athens to illustrate its reports on
comparatively sedate protests in central Moscow.

Dec 13, 2011

Ukraine gives up on Russia gas deal in budget

KIEV/MOSCOW, Dec 13 (Reuters) – Ukraine, struggling to
pay its gas bill to Russia, signalled on Tuesday that final
agreement would not come before the New Year in talks seen as
important to securing gas supplies to Europe and likely to lead
to shared control of Ukraine’s transit pipelines.

Moscow has indicated it will cut the price of gas for
Ukraine, as Kiev has requested, if the former Soviet republic,
which lies between Russia and its biggest gas customers, agrees
to sell a 50 percent share of its pipelines to Russian export
monopoly Gazprom.

Dec 3, 2011

Audience applauds as Khodorkovsky film raps Putin

MOSCOW (Reuters) – Mikhail Khodorkovsky is in prison not far from the Arctic Circle, but the story of the former oil tycoon who fell out with Vladimir Putin is being told near the Kremlin before Russia’s parliamentary election on Sunday.

Ten months after a successful opening at the Berlin International Film Festival in February, German director Cyril Tuschi’s documentary “Khodorkovsky” had its Russian premiere on Friday night at a central Moscow movie theatre.

Dec 1, 2011

EU, Russia say third package conflict can be solved

MOSCOW, Dec 1 (Reuters) – Moscow and Brussels can work
out a dispute over the EU’s Third Energy Package under existing
law, their top energy officials said on Thursday, suggesting
Russia might avoid a showdown over pipelines with its most
important customer.

Russia has expressed anger over European Union regulations,
known as the third energy package, that seek to liberalise the
European gas market by barring suppliers from controlling the
transport infrastructure used to deliver their gas.

Nov 25, 2011

I wasn’t proposing to attack BP – ex TNK-BP deputy CEO

MOSCOW (Reuters) – The former deputy CEO of TNK-BP, caught between co-owner BP Plc (BP.L: Quote, Profile, Research) and its local partners as they thrash out differences over BP’s attempt to tie up with rival Rosneft (ROSN.MM: Quote, Profile, Research), said he never advocated suing the British major for damages.

In an interview, Maxim Barsky, who was in charge of operational management of Russia’s No.3 oil firm, rebutted suggestions he had called for legal action just before his departure on November 1, since when often-rocky shareholder relations have quietened.

Nov 11, 2011

BP wins Russian court cases over TNK-BP

MOSCOW, Nov 11 (Reuters) – A Russian court threw out
two multi-billion dollar lawsuits against BP on Friday,
handing the British oil company a key victory in legal battles
surrounding its Russian oil venture TNK-BP.

A judge in the Siberian oil town of Tyumen rejected suits
brought by Andrey Prokhorov, a minority shareholder in Russia’s
No.3 oil firm; one for $13 billion from BP and another for $2.8
billion from two BP nominees on the board of operating unit
TNK-BP Holding (TBH).

Nov 8, 2011

Gazprom hints compromise in gas delivery row

MOSCOW/LONDON, Nov 8 (Reuters) – Russian gas monopoly
Gazprom on Tuesday appeared to offer a compromise in
its row over gas delivery prices with European customers who are
seeking relief from high contract prices.

A $100 gap between the forward price of gas in Europe and
the current price of some Russian contract gas points to a
possible deal with German consumers, Gazprom Export Chief
Executive Alexander Medvedev said following the launch of the
first phase of the Nord Stream pipeline.

Nov 3, 2011

BP says shareholder control broke down at unit of TNK-BP

By Melissa Akin and Vladimir Soldatkin

MOSCOW, Nov 3(Reuters) – BP has written to its main
partner in TNK-BP asking for an assurance there be no
repeat of what the British oil company said was a breakdown in
corporate governance at the main operating unit of its Russian
joint venture.

BP said the unit — TNK-BP Holding (TBH) — went to court in
support of a $2.8 billion lawsuit against two BP executives
without the approval of TBH’s board.

Oct 28, 2011

BP close to $1 bln Brazil deal – sources

MOSCOW, Oct 28 (Reuters) – Anglo-Russian oil firm TNK-BP
is close to agreeing on a $1 billion deal to buy a 45
percent stake in Amazon oil exploration blocks from Brazil’s HRT
Participacoes , sources close to deal talks said on

“Things are going well … we are almost there,” one source
close to TNK-BP management said, confirming comments by other
sources familiar with discussions being held in Brazil.

Oct 28, 2011

Fear of Kremlin whim stalks Russian FTSE hopes

MOSCOW (Reuters) – A delay in allowing billionaire tycoon Mikhail Prokhorov’s gold firm Polyus to sail into the prestigious FTSE 100 Index, while probably procedural, leaves nagging concerns that politics and business in Russia make for a dangerous cocktail.

The postponement, ordered by a committee chaired by Prime Minister Vladimir Putin, comes just two months after Prokhorov’s sudden exit from Russian politics following an acrimonious clash with the Kremlin.