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. Last Updated: 07/27/2016


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Oil and Gas Head Up and East

Someone peeping through a second floor window of the large office on the embankment opposite the Kremlin on a cold evening in December would have been puzzled by a group of people excitedly huddled around something very small.

Kvachkov in Jail for Crossbow Coup

The Moscow City Court approved the arrest of retired colonel and ultranationalist icon Vladimir Kvachkov on suspicion of preparing a coup with crossbows. Kvachkov's lawyer said that he believed that the arrest was revenge from Rusnano chief Anatoly Chubais.

Chigirinsky Plans $700M for Moskva-City

Shalva Chigirinsky, the real estate and oil tycoon whose plans to build the tallest tower in Europe vanished with the 2008 crisis, wants to construct a building about half the size in the Moskva-City business district, officials said.

Luzhkov Applies for Residency in Latvia

Former Mayor Yury Luzhkov said Monday that he has applied for a residency permit in Latvia to move freely within Europe. But Luzhkov stressed that he had no plans to emigrate.

Bruised Telenor Puts on Brave Face

Norway's Telenor put on a brave face Monday after suffering a stinging loss in its latest battle with Russian partner Altimo at mobile phone giant VimpelCom Ltd., vowing to protect its interests despite its failed bid for Egyptian tycoon Naguib Sawiris' telecom assets.

City Hall Accused of Rigging Poll

Bloggers accused City Hall on Monday of rigging its own online poll on whether to replace historical buildings with modern replicas, pointing out that the survey was receiving an implausible few hundred votes a minute in favor of tearing down old Moscow.

Mortgage Risk, Russian-Style

Being invited to a bank board member's barbeque is a better indicator of whether his institution will give you a mortgage than your actual credit history, according to a report by Penny Lane.

State Mediation Into Belarus-Russian Oil Dispute

Belarussian Prime Minister Mikhail Myasnikovich’s plans to travel to Moscow later this week, his spokesman said Monday, in a sign that the state is getting involved as oil trade talks between Russian and Belarussian companies stalled over price.

Greens Fear Arctic Disaster

Russian environmentalists will appeal to BP and Rosneft shareholders to thwart the companies' plans to drill for oil in a remote part of the Arctic, amid concerns about potential spills in the icebound sea.

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