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. Last Updated: 07/27/2016

11/05/2008

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Energy at Root of Karabakh Accord

The presidents of Armenia and Azerbaijan have signed a declaration on the Nagorno-Karabakh conflict at a meeting with President Dmitry Medvedev in a sign of the Kremlin’s growing role and the importance of energy politics in the South Caucasus.

Crisis Puts Gazprom Skyscraper In Doubt

The financial crisis might do what months of impassioned protests by St. Petersburg residents failed to accomplish — halt construction of a $2 billion skyscraper that would serve as the new headquarters for Gazprom Neft.

Companies Cut Back on Corporate Parties

Last December, a large telecoms company rented out a motorbike center to throw a New Year’s party for 200 senior managers. The total price tag for the party: 1 million euros ($1.3 million). This year, the company is debating whether it will even throw a party.

Government Cuts Oil Export Duties

Reuters
The government cut oil export duties Saturday, responding to the concerns of top producers who feared making losses on overseas shipments.

Crude Prices Cloud Market Rally Hopes

Investors were starting to rediscover their enthusiasm for Russian stocks after last week’s string of gains, but a two-day slump in crude prices may lessen the market’s chances to continue the rally.

500 Protesters Held At Nationalist March

Staff Writers
Hundreds of people were detained in central Moscow on Tuesday afternoon during an unsanctioned nationalist rally on the People’s Unity Day holiday.

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