Gazprom Neft, Russia's third-largest oil producer owned by state-run gas producer Gazprom, said that due to abundant supply and technological developments oil prices may have returned for a prolonged period to the $30- $40 per barrel range seen before the commodities boom of the 2000 s. Some oil projects won't be viable at such low prices but most of those won't...
MOSCOW, April 1- Russia's Evraz, one of the country's largest steelmakers, will return up to $375 million to its shareholders as part of a tender offer, it said on Wednesday, after its 2014 core earnings rose on a weaker rouble. Evraz, partly controlled by Chelsea soccer club owner Roman Abramovich, said core earnings- earnings before interest, taxation, depreciation...
MOSCOW, April 1- Russia's Evraz, one of the country's largest steelmakers, made a net loss of $1.3 billion in 2014 compared to a loss of $551 million in the previous year, the company reported on Wednesday. Evraz, partly controlled by Chelsea soccer club owner Roman Abramovich, said core earnings rose to $2.3 billion, up 28 percent year on year. Revenue fell nine...
An ally of Russian President Vladimir Putin, hit by U.S. sanctions, suggested on Sunday the move had backfired.
LONDON, Oct 12- Russian businessman Boris Berezovsky will pay 35 million pounds towards the legal fees of Chelsea Football Club owner Roman Abramovich after failing in a $6 billion London court battle with his former protege, lawyers said.
LONDON-- A British court has ordered self-exiled Russian tycoon Boris Berezovsky to pay 35 million pounds in legal costs to fellow Russian Roman Abramovich after losing a lawsuit against him.
Sepura gains 3.8 percent after an upbeat first half trading update from the digital communications firm, highlighting new business wins in North America. A healthy order book and robust pipeline of opportunities offers confidence in ongoing progress, " Liberum Capital says in a note repeating its" buy "rating on Sepura.
MOSCOW, Oct 11- Russian coking coal miner Raspadskaya said on Thursday it sold 981,000 tonnes of coking coal concentrate in the third quarter, 8 percent less that in the previous three months.
Technology provider e2v Technologies falls 4 percent in heavy trading volumes of eight times its 90- day daily average after a warning that it would miss its targets for the year.
*Evraz buys out management stake in Raspadskaya. MOSCOW/ LONDON, Oct 4- Russia's Evraz has agreed to take control of coal miner Raspadskaya in an $800 million deal that will make the steelmaker self-sufficient in coking coal and turn it into Russia's largest producer of the steel ingredient.
MOSCOW-- Steelmaker Evraz is to gain control of one of Russia's largest coal mines after acquiring a half stake in Cyprus- based investment vehicle Corber Enterprises for an undisclosed sum.
MOSCOW, Oct 4- Evraz, Russia's largest steelmaker, is to take a majority stake in coal miner Raspadskaya in an $800 million cash and share deal designed to give it more control over the supply of coking coal, a key ingredient in steelmaking.
MOSCOW, Oct 4- Evraz, Russia's largest steelmaker, agreed to increase its stake in the Russian coal miner Raspadskaya by half to 82 percent, the company said on Thursday.