Upcoming Indian-Russian Summit Will Focus on Energy
This month, India’s Prime Minister Manmohan Singh will visit Moscow to participate in the 14th annual India-Russian Summit. The Indo-Russian Inter-Governmental Commission (“IRIGC”), chaired by Deputy...
View ArticleBHP Billiton Move Raises Concerns for Future Foreign Investment in India
This week BHP Billiton announced its intention to relinquish nine Indian deep-sea oil and gas projects due to delays in commencing exploration.[1] This announcement comes on the heels of at least two...
View ArticleUkraine Attempts to Reduce Reliance on Russian Gas
The Ukraine is making a concerted effort to diversify away from its reliance on Russian natural gas. Towards that end, on Tuesday, November 5, 2013, the Ukrainian government signed a 50 year agreement...
View ArticleRussia Takes Steps to Open Up LNG Exports
This week the Russian Federal Council, the upper house of the Russian Parliament, voted to liberalize exports of natural gas.[1] This comes on the heels the Duma, or lower house, approving the bill...
View ArticleRussia Dives Into the Shale Revolution
This week, a Royal Dutch Shell Plc (RDSA) and OAO Gazprom Neft joint venture began an exploratory drilling program in the West Siberian Bazhenov Shale formation.[1] This is just the latest announcement...
View ArticleChina and Russia Ink Mega Gas Deal
On May 20, 2014 reports broke[1] that a long anticipated gas deal[2] between China and Russia would not be forthcoming on Russian President Vladimir Putin’s current trip to China. Hours later[3] the...
View ArticleCalifornia Life Science Company Pays $55 Million in FCPA Settlement
Bio-Rad Laboratories agreed this week to pay a total of $55 million to settle DOJ and SEC claims that its subsidiaries made improper payments to foreign officials in Russia, Vietnam, and Thailand to...
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