BP confirms it is in talks to take sell its stake in TNK-BP, Russia's third largest energy producer in terms of production. The proposed buyer, Rosneft, has close ties to President Vladimir V. Putin.
After Russian elections on Sunday, expect what amounts to a fourth term for Putin. But Putin 4.0 faces a tough choice. His KGB officer instincts call for tightening the grip. But Russia's future – and thousands of protesters – demand greater freedom and reforms.
Vladimir Putin projected his usual magisterial image in the appearance, ruling out any recount of the recent election and warning that foreign powers are behind the protesters seeking reform.
Imprisoned Russian oligarch Mikhail Khodorkovsky was dealt a blow this week when the European Court of Human Rights declined to rule that his prosecution for fraud was Kremlin-manipulated.
Signals from the Kremlin suggest that Russian President Medvedev may be weighing clemency for long-jailed former oil tycoon Mikhail Khodorkovsky, another sign of a deepening split with Prime Minister Putin.
Russian oil tycoon Mikhail Khodorkovsky was sentenced to six more years of jail time Thursday, following a trial that has been widely criticized as politically tinged.
President Medvedev admits Russia's investment climate is woeful days after oil tycoon Mikhail Khodorkovsky was convicted of embezzlement in a politically tinged trial.
Mikail Khodorkovsky, once Russia's wealthiest man, was sentenced anew for corruption in what his supporters claim was a politically motivated trial.
Mikhail Khodorkovsky, once Russia's richest man, faces at least seven additional years in prison on charges he stole millions of tons of oil while running Yukos oil company.