14.03.2005 - Russian oil refining up 10.5% in Jan
Russian oil refining grew 10.5% year- on-year to 17.4 million tonnes in January 2005.
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14.03.2005 - China hopes to increase trade with Russia
The Chinese leadership hopes that China’s trade with Russia will grow to $60 billion-$80 billion by 2010, State Council Premier Wen Jiabao told a news conference after the final session of the Chinese legislature.
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13.03.2005 - Sukhoi Log gold auction may be called in summer
The rights to the giant Sukhoi Log gold field could be sold in the summer of 2005, Irina Dumova, deputy head of the Irkutsk regional administration, told a press conference at the Interfax-Siberia press center in Irkutsk.
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13.03.2005 - Shell, Gazprom considering oil and gas development accord
Shell and Gazprom are considering an oil and gas development agreement. The deal will enable Gazprom to take part in the Sakhalin-2 oil and gas project and become a leading producer of liquidified natural gas, while Shell will become a partner in the development of the Shtokmanovskoye field, the UK Observer newspaper reported on Sunday.
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13.03.2005 - Russia itself has selected its place in the global economy
Russia is naturally happy with the great profits it made due to last year’s high oil prices. But it does not want to accept that other countries regard it as a mere raw-material country and is even called the West’s raw-material appendage. But a rational view of the situation shows that Russia itself has selected its place in the global economy.
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13.03.2005 - Moscow to have 53 new 3-star hotels soon
Fifty-three three-star hotels will be built in Moscow soon, Mayor Yury Luzhkov announced on Saturday, saying the sites for the hotels had already been chosen.
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13.03.2005 - Russian company’s adviser to face charges of embezzlement
An external relations adviser to the head of the United Energy System of Russia, Valery Pasat, who was detained in Kishinev on Saturday will be charged with large-scale embezzlement during his work in the Moldovan government, the Prosecutor General’s Office said in a statement.
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13.03.2005 - Yukos denies Spanish media allegations of money laundering
"It is absurd. One could just as well claim that we laundered money on Mars," Yukos spokesman Alexander Shadrin told RIA Novosti.
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12.03.2005 - Govt to define Gazprom-Rosneft merger procedure next week - Gref
The Russian government plans to outline a procedure for a merger between the Russian gas giant Gazprom and the state oil company Rosneft next week, Russian Economic Development and Trade Minister German Gref told journalists in Moscow on Friday.
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12.03.2005 - Putin to consider strategy for fighting illegal income
The national concept for fighting money laundering is to be submitted to Russian President Vladimir Putin in the near future, head of the Russian Federal Service for Financial Monitoring Viktor Zubkov told journalists. According to Zubkov, this document will set guidelines for work aimed at countering money laundering and funding terror activities till 2010.
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