Articles by Elizabeth LeBras

Capps of Conoco Digging In for Long Haul

Despite encountering numerous obstacles in its 10 years in the country, Houston-based energy company Conoco Inc. says it isnt budging.

Illarionov: Growth Not Sustainable

The vital statistics of the nation's economy are the best in 30 years, but this year has been one of missed opportunities, economic adviser Andrei Illarionov said.

Report: Oil Evades $9Bln in Taxes

A report prepared for the government by tax authorities suggests that oil companies are using complicated yet legal schemes to deny federal coffers about $9 billion a year.

Gas Giants Pump Up Moscow Market

British Petroleum and a joint venture of Tyumen Oil Co. and Texaco plan to open gas stations throughout Moscow and the surrounding region.

Gazprom Wants 2-Tier Auction System

The management of Gazprom is taking initial steps to fulfill a promise made on Oct. 27 by its board to liberalize the market for the natural gas monopoly's shares.

Gazprom Fiber Line Outrages Warsaw

Poland knew Gazprom was building a pipeline across its territory, but it didn't know Ч and now finds it outrageous Ч that the pipelines includes a high-capacity fiber-optic cable.

Moscow Hopes IMF Will Help if Oil Falls

The outcome of an IMF visit to Moscow, scheduled to end Tuesday, is predicted to be inconclusive.

Chances Getting Thin For International Aid

The prospects are dimming for Russia receiving additional credits from the IMF, or for the write off of any Soviet-era debt owed to the Paris Club of sovereign creditors.

Gas Debts to Top Agenda at Ukraine-Russia Talks

Ukraine's gas debts will be at the top of the agenda as Prime Minister Mikhail Kasyanov meets with his Ukrainian counterpart Viktor Yushchenko on Friday.

LUKoil to Build New Export Route

Top oil producer LUKoil is building a new export route through Western Siberia to free itself from dependency on state pipeline monopoly Transneft, the company announced.

Western Tobacco Hits Jackpot With Patriotism

The lines separating foreign and domestic cigarettes blur on closer inspection. Popular Russian labels are produced by Western firms, and most foreign brands are made locally.

Shell, Gazprom Eye $1Bln Deal

British-Dutch oil company Shell has announced it is ready to invest the lion's share of $1 billion in a project to boost natural gas monopoly Gazprom's exports to western Europe.

Gazprom Called on Carpet Over Itera

Gazprom and the government are taking a closer look at Itera, a firm called registered in Jacksonville, Florida, to distribute food and oil products in 1992.

State Targets Illegal Car Imports

Regulations designed to stop pervasive evasion of customs duties by citizens importing cars came into force Friday.

EBRD Flexible on LUKoil Loan

The EBRD has said LUKoil could still get a $150 million loan despite laggardly progress on transparency.

LUKoil Buys 1,300 U.S. Gas Stations

LUKoil announced Thursday it had acquired U.S. retailing chain Getty Petroleum Marketing.

Gazprom, Kiev Blast Pipe Tax Plan

Gazprom on Wednesday railed against a Economic Development and Trade Ministry duty proposal.

Tatneft Reschedules Debt, Pays Bond

Tatneft has reached a deal with its creditors to restructure its debts, ending two years of negotiations.

Arkhangelsk Seeks Economic Revival

A number of projects are being launched that could revive the flagging economy of the Arkhangelsk region.

Gazprom Asks for Eased Share Rules

Nutural gas monopoly Gazprom asked the government Friday to liberalize regulations on trading its shares.

Leading Local Firms Eye Kiev's Prize Assets

Leading Russian companies are eagerly eyeing the UkraineТs prize assets as RussiaТs southern neighbor launches a major sale of state enterprises.

Gazprom, Sibur Get Go-Ahead to Merge

The Anti-Monopoly Ministry has approved a merger that will strengthen the monopolies of two firms.

Companies Hawk Tickets Through Telephone, Web

Moscow residents may now enjoy the convenience of purchasing sports or theatrical tickets from home.

BP Wants Rosneft Stake in Sakhalin 1

BP reportedly wants half of Rosneft's stake in the massive Sakhalin 1 offshore oil and gas project.

Dispute Delays Return of Chernogorneft to Sidanko

The deadline for TNK and Sidanko to determine the fate of Chernogorneft has passed without an agreement.

FSC Launches Norilsk Investigation

The Federal Securities Commission is investigating Russian metals giant Norilsk Nickel.

EU Looks To Russia To Solve Fuel Woes

The European Union turned to Russia Tuesday to negotiate a deal that could double fuel exports to Europe.

Groups Gobble Up Pipe Plants

Powerful financial groups are taking over the nationТs pipe-building plants.