Viktor Yanukovich, head of Ukraine's pro-Russian Party of Regions, is leading in a run-off in the Ukrainian presidential elections after almost 98.5% of the ballots have been counted, ITAR-TASS reported Monday...
Russian natural gas producer Novatek plans to finalize the sale of 49% in the Termokarstovoye gas field to French oil and gas company Total by the end of 2010 or in early 2011, Novatek Chief Financial Officer Marc Jetway said in an interview with PRIME-TASS.
Kazakh prime minister Karim Masimov yesterday ordered his government to draw up new tax rules to abolish exemptions for foreign firms working on large hydrocarbon projects in the Central Asian state, just as the Russian government looks more closely at easing restrictions on foreign investment and reducing the tax burden on oil firms.
