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. Last Updated: 07/27/2016


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Spartak Flinches in Glasgow Shootout

Spartak Moscow's dreams of the Champions League were put to bed Wednesday evening in Glasgow as the Russian side lost its third-round, second-leg qualifier to Scottish Premier League side Celtic in penalties.

Alekperov Disturbed By Large State Firms

The head of oil company LUKoil said Thursday he was worried by the growing clout of state-controlled energy companies.

Trutnev Sees No Subsoil Law Before '08

The government is very unlikely to pass a new subsoil law this year, and the long awaited bill will not be passed until a new State Duma is formed next year, the Natural Resources Minister said in an interview published Thursday.

Gazprom Seeks to Fine-Tune Gas Prices for Its Neighbors

Gazprom said Thursday that it planned no major revisions of gas prices for its neighbors in 2008, in a move to help soothe fears over new disputes and supply disruptions to Europe.

EU Mulls Rules to Hamper Gazprom

European Union regulators are studying how plans to split up energy companies would be applied to foreign firms such as Gazprom, Ferran Tarradellas Espuny, a spokesman for the European Commission, said Thursday.

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