Oil & Gas

Tag: Oil & Gas

Investors' negative oil prices suit against Moscow Exchange dismissed

The Moscow Commercial Court has dismissed a claim initiated by investors affected by an unprecedented drop in WTI oil prices collectively against the Moscow Exchange.

14:09 02.10.2020

Probe into ex-Norilsk Mayor accused of negligence over fuel spillage disaster completed

Investigation into the former Mayor of Norilsk, a city in the Krasnoyarsk Krai, Rinat Akhmetchin charged with negligence over the fuel spillage disaster in the region has been completed.

16:26 09.09.2020

Russia’s antimonopoly watchdog finds two oil traders guilty of fuel price fixing

Russia’s Federal Antimonopoly Service (FAS) has found two largest Russian oil trading companies guilty of making a cartel agreement during a fuel stock trading in 2018.

12:01 19.08.2020

Russian parliament’s lower house adopts bill on land oil spills prevention and liquidation

Russia’s lower house of parliament passed a bill aimed at prevention and liquidation of oil and oil products spills on land in the third and final reading on Tuesday.

17:00 07.07.2020

Investors' negative oil prices suit against Moscow Exchange moved to commercial court

A lawsuit initiated by investors affected by an unprecedented drop in WTI oil prices collectively against the Moscow Exchange will be considered by the Moscow Commercial Court.

14:58 26.06.2020

Russia’s Cabinet approves amendments to bill on prevention and liquidation of land oil spills

Russia’s government has approved amendments to a bill aimed at prevention and liquidation of oil and oil products spills on land.

17:52 25.06.2020

Three employees of thermal plant arrested in case over fuel spillage in Russia’s North

Investigators have arrested the CEO, the superintendent and his deputy of the thermal plant in the case over the collapse of a diesel fuel tank resulted in the fuel spillage into a stream and river Ambarnaya in Russia’s northern town Norilsk.

14:47 10.06.2020

Investors affected by negative oil prices sue Moscow Exchange

Investors affected by an unprecedented drop in WTI oil prices have collectively sued the Moscow Exchange alleging an early close of trade at negative oil prices was unlawful.

19:04 05.06.2020

Prosecutors give preliminary reason of fuel spillage in Russia’s North

A preliminary reason of the petroleum reservoir unsealing at a heat and power plant in Russia’s northern town Norilsk is subsidence of ground and concrete under it, the press service of the Prosecutor General’s Office reports.

18:05 05.06.2020

Suspect in case over fuel spillage disaster in Russia’s North detained until July 31

The Krasnoyarsk Krai Court on Thursday ordered a chief of the boiler-and-turbine floor of a heat and power plant in Russia’s northern town Norilsk to be put in detention until July 31 as part of a case over disaster resulted in the fuel spillage into a local stream and river Ambarnaya.

15:10 04.06.2020

Investigators seek to detain suspect in case over fuel spillage disaster in Russia’s North

Investigators have asked court to detain a chief of the boiler-and-turbine floor of a heat and power plant in Russia’s northern town Norilsk as part of a case over disaster resulted in the fuel spillage into a local stream and Ambarnaya river.

13:41 04.06.2020

Upwards of 90% Russian entrepreneurs affected by crisis – business ombudsman

Upwards of 90% entrepreneurs have been affected by the crisis caused by the coronavirus pandemic and oil price downturn, according to Russia’s business ombudsman Boris Titov.

13:44 08.04.2020

Probe opened into thermal power station fire in Moscow Region

Probe was opened on Thursday into the large fire that occurred at a thermal cogeneration plant in the Moscow Region.

18:01 11.07.2019

Two Russian oil traders suspected of fuel price fixing

Russia’s Federal Antimonopoly Service (FAS) has opened a case against two oil trading companies suspected of price fixing in fuel stock trading.

17:25 14.02.2019

Cousin of Russian senator Arashukov to stay jailed in $455 mln gas embezzlement case

The Moscow City Court on Wednesday upheld a lower court’s ruling on detention of Ruslan Arashukov, a cousin of ill-reputed Federation Council member Rauf Arashukov, in the 30-billion-ruble natural gas embezzlement case ($455 million).

12:37 13.02.2019

Father of senator Arashukov to remain in jail as part of $455 mln gas embezzlement case

The Moscow City Court on Monday dismissed an appeal lodged by Raul Arashukov, the father of senator Rauf Arashukov and CEO of Gazprom Mezhregiongaz, against his detention in the 30-billion-ruble natural gas embezzlement case ($455 million).

18:09 11.02.2019

Two suspects in $455 mln gas embezzlement put on wanted list

Investigators have put two suspects in embezzling natural gas worth 30 billion rubles ($455 million) from Gazprom energy giant on the federal wanted list,.

11:30 06.02.2019

Father of senator Arashukov appeals detention in $455 mln gas embezzlement case

Raul Arashukov, the father of a member of Russia’s Federation Council representing Karachay-Cherkess Republic Rauf Arashukov and CEO of Gazprom Mezhregiongaz, has filed an appeal against his detention in a 30-billion-ruble natural gas embezzlement case ($455 million).

12:04 04.02.2019

Investigators ask court to detain one more defendant in $455 mln gas embezzlement case

The Investigative Committee of Russia on Friday filed a motion with Moscow’s Basmanny District Court seeking to detain one more defendant in a 30-billion-ruble ($455 million) gas embezzlement case.

14:50 01.02.2019

Father of senator Arashukov detained as part of $455 mln gas embezzlement case

Moscow’s Basmanny District Court has detained the father of senator Rauf Arashukov and CEO of Gazprom Mezhregiongaz Raul Arashukov until March 30 as part of a case on embezzling natural gas worth 30 billion rubles ($455 million).

10:53 01.02.2019