Europe will get gas from Russian Gazprom at about $350-$400 per thousand cubic meters in the I quarter of 2009.

The Russian government has agreed to loan $4.5 billion to metals magnate Oleg Deripaska to help him pay off a loan to a group of Western banks.

The Russian gas monopoly Gazprom has decided to sell its share in Gazprombank, the third largest bank in the country.

Russian billionaire Deripaska, Basic Element’s owner, and a group of co-investors including Lord Rothschild are going to build a resort in Montenegro.

Russian regulators blocked Google's acquisition of a local online advertising company Begun.

Russian billionaire Mikhail Prokhorov’s claim against Vladimir Potanin, his ex-business partner and the head of Interros holding, has been sustained by the arbitration court of Moscow.

BMW AG calls the Russia’s Federal Customs Service to ban grey import of the vehicles, both new and used, and spare parts produced under the company’s brand name.

General Motors plans opening its Russian plant in the town of Shushary under St Petersburg on 6 November 2008.

Qatar, Russia and Iran agreed to collaborate in the field of making export gas deals, thus, the “major gas troika” has been set up.

The Russian billionaire has to settle the payment obligation until the end of October; otherwise, his 25% stake in Norilsk Nickel will be passed to the creditors.