Yukos

Armed police on April 16 raided the office of a Russian rights group led by the exiled critic of Vladimir Putin, Mikhail Khodorkovsky, during the president's marathon annual phone-in session.
      

Rosneft CEO Igor Sechin stated Friday that if investment in the oil industry goes back up, oil prices may remain at USD 60- 80 per barrel.

Sechin explained that in case this doesn't happen, then prices could return to USD 100-110 per barrel.

He added that the company's capital expenditure program will be further cut by 30% this year, The Independent reported.

Norway said on Friday it is tightening its economic sanctions against Russia over the crisis in Ukraine to bring them in line with the latest round of EU restrictions.

Fresh sanctions targeting key sectors of Russia's economy are to be introduced on Friday, with the EU adding it could lift them in case of a continuous deescalation in Ukraine.

New measures will see the current blacklist expanded by 24 more Russian officials and rebel leaders, who will be imposed visa bans and asset freezes.

The European Union is to introduce a new round of sanctions against Russia.

Her comments come after European sources told Interfax agency the bloc was determined to go with the measures against Russia.

Sanctions will be in force from Tursday depend on the situation in Ukraine and will therefore be "reversible", the BBC quotes the official as saying.

Russia has been ordered to pay Yukos shareholders a record $50 billion in compensation over its seizure of the defunct oil giant, lawyers said on Monday, in a new blow on top of sanctions over the Ukraine crisis.
      

The arbitration court in The Hague has ordered Russia to pay shareholders of Yukos $50 billion in compensation over its seizure of the one-time oil giant, main shareholder GML Ltd said in London on Monday.
      

Despite Baghdad’s threats, Kurdish Iraqi oil shipped from a Turkish port has been bought by Russian oil giant Rosneft to be delivered to a refinery in Germany, which co-operates with BP Russian oil firm Rosneft bought a cargo of Kurdish oil for a German refinery it co-owns with oil major BP, quietly circumventing Baghdad’s ban on independent oil sales by its autonomous region, accord