News From Russia: November 28th, 2008!

and one of its co-owners, believes that, at current oil prices, the oil export duty of $192.1 per tonne will make it impossible for companies to implement large investment projects, as he told journalists today. Oil companies will be able “to survive, but not develop,” Vekselberg said. RBC, 28.11.2008, Moscow 17:05:10.More than two thirds of

Russian News: November 27th, 2008!

RBC, 27.11.2008, Moscow.Russian shares were rising steadily at the opening today. Around 10:45 a.m. on MICEX, Gazprom and Rosneft climbed 4.5 percent each, and LUKoil gained 3.8 percent. The MICEX index was up 3 percent at 607 points. On the RTS, LUKoil increased 1.6 percent. Federal Grid Company was among the best performers on both