Ivan Mazalov News
-
OAO Surgutneftegas, Russia’s third- largest oil producer with a $31 billion market value, for years has refused to disclose its cash position under international reporting standards or whether it holds its own shares.
-
Investors seeking to take advantage of a slump in Russian equities should buy OAO Bashneft and TNK- BP over fuel-industry peers such as OAO Gazprom, the natural gas export monopoly, according to Prosperity Capital Management.
-
OAO Transneft probably will produce what investor Ivan Mazalov calls “massive” cash this year as the pipeline operator delivers Kremlin-backed projects supplying oil to Asia and the Baltic Sea. That may return investors to one of Russia’s cheapest energy stocks.
-
The world’s most profitable energy company is being punished by investors who are concerned it’s also the biggest spendthrift.
-
Polyus Gold International Ltd. led gains in Russian equities, sending the benchmark index to its first monthly increase since February, as commodities rose after Europe agreed on measures to solve the region’s crisis.
-
Prosperity Capital, the largest manager of Russia-focused funds, is planning a successor to its Quest portfolio, which provided returns of 3,300 percent over the past 10 years by buying distressed Russian companies.
-
VTB Group headed for its worst losing streak in three months after Russia’s second-largest bank said yesterday it would cap its share buyback for investors who lost money in its 2007 initial public offering.
-
BP Plc’s Robert Dudley , drafted to head the company’s cleanup in the Gulf of Mexico and repair its reputation in the U.S., may draw on experience in Russia and Africa for guidance.
-
BP Plc ’s deadline to complete a $7.8 billion share swap with OAO Rosneft passed as talks on buying out partners in the U.K. company’s existing Russian partners failed to reach an agreement in time.
-
BP Plc ’s deadline to complete a $7.8 billion share swap with OAO Rosneft passed as talks on buying out partners in the U.K. company’s existing Russian partners failed to reach an agreement in time.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page