Articles by Stephen Bierman

TAIF Plans $11Bln Refineries Upgrade

  • 16 November 10
  • Bloomberg
TAIF, an investment group based in Tatarstan, will decide this year on a plan to sell shares in its refineries and chemical plants to help fund 347 billion rubles ($11 billion) of investments.

Russia Becomes WorldТs Biggest Oil Exporter

  • 09 September 09
  • Bloomberg
Russia is surpassing Saudi Arabia in oil exports for the first time since the Soviet UnionТs collapse as the country exploits OPEC production cuts to gain market share.

Transneft Fights Caucasus Oil Theft

  • 03 September 09
  • Bloomberg
State-run Transneft, building pipes to supply Europe and China, needs to show that it can enforce security as Russia attempts to regain control of a region rocked by war and terror.

Sibir Energy Real Estate Purchase Postponed

  • 19 December 08
  • Bloomberg
Sibir Energy stockholders postponed a decision Thursday on purchasing property from shareholder Shalva Chigirinsky after the Moscow City Hall opposed the transaction, sending Sibir higher in London trading.

Antitrust Service Approves ONGC's Imperial Bid

  • 10 November 08
  • Bloomberg
Imperial Energy rose the most in almost 19 months in London trading after the Federal Anti-Monopoly Service approved its £1.4 billion ($2.2 billion) takeover by India's ONGC.