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Putin Grabs More Oil Production

The Huffington Post | Mark Gongloff | Posted 10.22.2012 | Business

Thing One: Pure Energy: Just in time for tonight's final presidential debate about foreign policy, this morning we got some stark reminders of what ha...

BP Suffers BIG Drop In Earnings

AP | ROBERT BARR | Posted 09.29.2012 | Business

LONDON (AP) — Oil company BP reported Tuesday a loss of $1.4 billion for the second quarter due to lower prices and production and as it wrote down ...

Russian Investment Opportunities: The Drivers and the Hidden Gems

Gemma Godfrey | Posted 07.31.2011 | Business
Gemma Godfrey

It is clear to see why investors place so much emphasis on the oil price as a dictator of Russia's financial health. Supplying some 11.4% of the world's oil supply last year, Russia is the "biggest single source outside the OPEC cartel."

TNK-BP May Buy Some Of BP's Assets If On Sale

AP | Posted 05.25.2011 | Business

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With Friends Like These . . . BP And Russian Partners Fight

Reuters | Simon Johnson and Melissa Akin | Posted 05.25.2011 | Business

British oil major BP Plc accused the Russian partners in its TNK-BP joint venture of acting like corporate raiders on Thursday, but the Russian shareh...