From The Star.com, news that the Kremlin will handpick companies to develop the vast oil reserves believed to be located in the Russian Arctic. As the article notes:  “…Medvedev outlined priorities for developing some of Russia’s richest and most challenging oil deposits.  The government will take the unusual step of selecting companies to develop the […]
Read more »Came across Strator’s (subscription only) interesting analysis of Gazprom’s desire to purchase at least 50 percent of Rosneft’s prized subsidiary, Tomskneft, a move indicating that Gazprom may soon attempt to equal or surpass rival Rosneft’s influence in Russian petro-circles. As discussed on this blog earlier, Gazprom’s board chairman and overall political backer, Dmitri Medvedev, has […]
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