Analytics // Economy & Finances
The Saudi government has issued a royal decree overhauling the corporate income tax for oil and natural gas companies that will be retroactively applied to the beginning of the year.
03 April 2017 , 00:02Neftegaz.RU4440
ONGC Videsh Ltd has raised $1 billion through a US dollar bonds issue to finance its acquisition of 15% stake in Russia's 2nd biggest oil field Vankor, its Managing Director Narendra K Verma said.
19 December 2016 , 12:30Neftegaz.RU4720
It used to be that when it came to the world economy, oil prices and economic growth were more like distant cousins who disliked each other rather than a happily married couple always seen nuzzling together in public.
07 August 2016 , 21:22Neftegaz.RU6080
After the collapse of the USSR in 1991, the Russian Federation adopted, through what it was called the “shock therapy”, the market economy and the capitalism system. 4 years later, as a consequence of an always more globalized economy, the former trade agreement called GATT (general agreement on tariffs and trade) was replaced by a new entity: the world trade organization (WTO).
01 June 2010 , 14:01Neftegaz.RU91380
Russia in 2010, after having to deal these last two years with a dramatic decline of its economy, can see the future with more optimism.
07 May 2010 , 12:35Neftegaz.RU46560
Earlier this week, British company Desire PLC began drilling in an offshore block of theFalkland Islands. Immediately, Argentina President Cristina Fernandez de Kirchner let loose with a howl of rage, and the Summit of Latin American and Caribbean Unity issued a protest against the British company's drilling operations.
01 March 2010 , 15:02Money Morning19460
Plutus, the Greek god of wealth, did not have an easy life. As the myth goes, Plutus wanted to grant riches only to the "the just, the wise, the men of ordered life." Zeus blinded him out of jealousy of mankind (and envy of the good), leaving Plutus to indiscriminately distribute his favors.
16 February 2010 , 14:11The Wall Street Journal22330
Commodities, particularly crude, were trending down last week after China's Central Bank raised bank reserve requirements boosting the US dollar against other major currencies...
15 February 2010 , 10:39Economic Forecasts & Opinions28090
Investors could see some long-term trade and other benefits if a U.S. move to back away from a missile shield in Eastern Europe yields improvements in relations with Russia.
But it could raise other risks.
18 September 2009 , 12:24Reuters27240
Russian oligarchs came about as an unforeseen consequence of Gorbachev’s partial market liberalization process, when rare commodities were smuggled into the country to be sold with large profit margins.
08 November 2008 , 10:36Neftegaz.RU13150
Talks of an OPEC-style gas cartel are nothing new. The idea has existed in some form since at least as far back as 1980, when a group of exporters - including OPEC members like Algeria, as well as Mexico and the Netherlands - sought to charge consumers a higher price for their product as oil prices spiralled.
04 November 2008 , 07:44Neftegaz.RU16300
The Russian stock market last week saw its most severe decline since the shattering economic collapse of 1998, after suffering the lethal combination of worldwide financial mayhem, falling commodity prices and a local credit crunch.
09 October 2008 , 16:59Neftegaz.RU10640
International organizations and rating agencies yesterday released differing assessments of the situation in Russian markets. Fitch said that despite the efforts of the authorities, the credit crunch may lead to a growth slowdown, and pointed out that the banking sector remains the Achilles heel of the country’s economy.
18 September 2008 , 13:39cbonds.info12440
This year's oil market witnessed spiral price hikes as global crude supplies did not keep pace with growing demand. It had a great impact on the global economy and people's daily life. Will global oil prices head upward next year? Economists and market analysts have offered varying assessments on the trend in oil prices for next year.
28 July 2006 , 00:00Xinhuanet agency8110
Khodorkovsky Givers Market a Boost...
31 March 2004 , 17:139150
The profit-taking seen earlier in the week...
25 March 2004 , 13:4510670
The Russian market had another record setting day on Thursday as...
19 March 2004 , 15:368370
The Russian equity market was relatively flat yesterday ahead of weekend elections...
11 March 2004 , 14:538240
With a 6% jump in the RTS Index during the past week and a 12.3% boost in the last month...
03 March 2004 , 15:377560
The Kasyanov government's dismissal made the equity market take a sudden dive yesterday...
25 February 2004 , 13:407580