NATALIYA VASILYEVA

Associated Press
Add To Watchlist

Russian oil rig sinking casts doubt on Arctic plan

The sinking of a floating oil rig that left more than 50 crew dead or missing is intensifying fears that Russian companies searching for oil in remote areas are unprepared for emergencies — and could cause a disastrous spill in the pristine waters of the Arctic.

Continue reading this entry ...

AP Enterprise: Russia oil spills wreak devastation

On the bright yellow tundra outside this oil town near the Arctic Circle, a pitch-black pool of crude stretches toward the horizon. The source: a decommissioned well whose rusty screws ooze with oil, viscous like jam.

Continue reading this entry ...

Putin's challenger vows to pardon Khodorkovsky

The Russian billionaire who plans to challenge Vladimir Putin in Russia's presidential election said Thursday that his first move if elected will be to pardon jailed tycoon Mikhail Khodorkovsky.

Continue reading this entry ...

Russia's capital flight to double to $70B in 2011

Capital flight from Russia is expected to double to $70 billion this year, the Central Bank said Tuesday, highlighting investors' concerns about political and economic uncertainty in the country.

Continue reading this entry ...

Russia's 10 spies chose different paths at home

One is a compulsive socialite who hosts a TV show. Others landed lucrative jobs at state-run companies. Many have simply vanished from sight.

Continue reading this entry ...

Russian activists decry failure to denounce Stalin

Russian state-controlled media must stop whitewashing Soviet dictator Josef Stalin's image, and the government should take a stand on his crimes, human rights activists and historians said Wednesday.

Continue reading this entry ...

Putin warns of higher export duties on grain

Prime Minister Vladimir Putin said Tuesday that export duties on Russian grain will increase if exporters sell more than 25 million tons during a 12-month period ending in July 2012.

Continue reading this entry ...

Soviet childhood: journey from Lenin to the Bible

In September 1991, when the Soviet Union was living out its final months, I was a first-grader with one thing on my mind: the red badge with the portrait of Vladimir Lenin as a toddler.

Continue reading this entry ...

Russian oil teams up with Exxon Mobil

Russia's state-owned Rosneft teamed up with U.S. company Exxon Mobil on Tuesday in a multibillion deal to develop offshore oil fields in the Russian Arctic — one of the last regions with immense and untapped hydrocarbon deposits — in return for access to resources in the Gulf of Mexico.

Continue reading this entry ...

Russia reopens tax probe against dead lawyer

Russian investigators have taken the unusual step of reopening a criminal probe for tax evasion against a dead lawyer who claimed to have uncovered a $230 million tax fraud scheme by corrupt police officers.

Continue reading this entry ...

Medvedev: Govt role in economy has to be cut

Russian President Dmitry Medvedev on Friday challenged the legacy of his powerful predecessor, Vladimir Putin, condemning the centralization of economic and political power at the Kremlin in what was interpreted by some as an early campaign move ahead of next year's presidential election.

Continue reading this entry ...

Russia promises to lift ban on EU vegetables

Russia promised Friday to lift its blanket ban on European vegetables once the EU provides documented proof of their safety, and voiced hope that it could join the World Trade Organization this year after nearly 20 years of talks.

Continue reading this entry ...

Medvedev suggests BP-Rosneft deal was doomed

Russian President Dmitry Medvedev said Wednesday that parties in the BP-Rosneft deal should have predicted the issues that made it collapse.

Continue reading this entry ...

Russia investigates anti-corruption activist

Russia's leading anti-corruption whistleblower is facing an investigation for damaging interests of a timber company, Russian officials said Tuesday.

Continue reading this entry ...

Moscow tax official's $39 million fortune revealed

A Moscow tax official who approved a fraudulent $230 million tax return in 2007 has bought luxury real estate in Moscow, Dubai and Montenegro and wired money through her husband's bank accounts worth $39 million, a U.S. investor said Monday.

Continue reading this entry ...

Russia set to profit from Libya, Japan crises

Only a year ago, Russia's dominance as a global energy supplier was threatened by low gas prices and a reputation as an unreliable trade partner. But with the world now shaken by Japan's natural disasters and uprisings across the Middle East, the country is back at the heart of the market — and cashing in.

Continue reading this entry ...

France's Total buys piece of Novatek

France's Total SA is taking a large share in Novatek and a significant piece of a project with the Russian natural gas producer to build a liquefied natural gas facility.

Continue reading this entry ...

Russia's unlikely World Cup city looks to cash in

Dry snow creaks under the feet of Klara Shishkina as she walks to the frozen Insar River, where a half-built bridge from the opposite bank ends in midair over her wooden gingerbread-style home.

Continue reading this entry ...

Khodorkovsky's lawyer appeals his new sentence

A lawyer for jailed Russian oil tycoon Mikhail Khodorkovsky on Friday appealed his sentence of six more years in prison, a punishment seen as payback for challenging Vladimir Putin's power and which was widely condemned in the West.

Continue reading this entry ...

Russian cities to get hollow World Cup facelift

The Russian government will have to pump billions of dollars into some of the country's crumbling cities to host the 2018 World Cup, providing a catalyst for the Kremlin's much-hyped but ineffective modernization drive.

Continue reading this entry ...

Lukoil posts 40 pct hike in Q3 net, at $2.8 Bln

Russia's second-largest oil company, Lukoil, said Tuesday its net profit rose year-on-year by nearly 40 percent in the third quarter, to $2.8 billion, because of strong sales and higher oil prices.

Continue reading this entry ...

Beaten Russian reporter convicted of slander

A muckraking Russian reporter left handicapped by a 2008 beating was convicted Wednesday of defaming an official he criticized when writing about highway corruption and the destruction of the Khimki forest near Moscow.

Continue reading this entry ...

Russia vows to help NATO more in Afghan war

Russia promised Wednesday to do more to help NATO in Afghanistan, but stopped short of making any specific commitments.

Continue reading this entry ...

Khodorkovsky: Fate of Russia rests on my verdict

Imprisoned oil tycoon Mikhail Khodorkovsky gave an impassioned final address to a Moscow court Tuesday, telling the judge that the fate of the entire nation rests on the verdict in his trial.

Continue reading this entry ...

Tycoon seeks to buy out rival investor in Norilsk

Russian billionaire Vladimir Potanin on Friday offered to buy out his rival Oleg Deripaska's 25 percent stake in miner Norilsk Nickel for $9 billion — a deal that would solve a long-running conflict between the two corporate titans but which was promptly turned down.

Continue reading this entry ...