http://www.fin-rus.com/newtopics/news/default.asp Financial-Analyst Russian Brokerage Company: Russian Stock Market, Investment in Russia, Russian Stocks en-us http://www.fin-rus.com/newtopics/news044F3/default.asp July 4. The Moscow Arbitration Court (MAC) adjourned Thursday a hearing in a lawsuit filed by Neft-Aktiv, a Rosneft structure, against TGK-11 on the issue of performing a "technical" additional share issue in order to have the concern unbundled from UES by August 14, a source familiar with... 2008-07-04 10:09:00 http://www.fin-rus.com/newtopics/news044F4/default.asp July 4. Gazprom is set to launch gas supplies to Ireland in 4Q 2008, spokesperson of the company's sales unit Gazprom Marketing & Trading (GMT) said. Thus, the number of countries to which Gazprom exports gas will increase to 23. "We have just been awarded a license to export gas to Ireland...... 2008-07-04 10:08:00 http://www.fin-rus.com/newtopics/news044F5/default.asp July 4. Gazprom and the Kyrgyz government have approved a step-by-step exploration program for the Kugart and East Mailisu IV blocks in Kyrgyzstan. According to the company's press release, the program is to be developed as part of an agreement on general terms and conditions of exploration... 2008-07-04 10:07:00 http://www.fin-rus.com/newtopics/news044F6/default.asp July 4. Billionaire Mikhail Prokhorov retained his status as the chairman of Polyus Gold, the largest Russian gold producer and confirmed control over the company's BoD on Thursday. A source familiar with the results of the company's first BoD meeting said so. Mikhail Prokhorov and his... 2008-07-04 10:06:00 http://www.fin-rus.com/newtopics/news044F7/default.asp July 4. Magnitogorsk Metallurgical Plant and KAMAZ plan to develop a prospective cooperation program up to 2012, MMK's press service reported. "The automotive industry is a top priority in MMK's sales structure", the metal maker said. Previously it was reported that MMK and KAMAZ inked a... 2008-07-04 10:05:00 http://www.fin-rus.com/newtopics/news044F8/default.asp July 4. Mechel Group plans to raise USD2.3-2.5 bn by offering preferred shares, a source in the banking circles said. "The target placement range which the company is shooting for is USD2.3-2.5 bn. The road show kicks off on July 7 and the pricing is slated for July 22-23", the source said.... 2008-07-04 10:04:00 http://www.fin-rus.com/newtopics/news044F9/default.asp July 4. Russian oil producer Gazprom Neft is set to acquire a stake in Kazakhstan-based MangistauMunayGaz, said Deputy CEO of the Russian company Boris Zilbermints. "We are in talks with MangistauMunayGaz. We are looking forward to entering the local market", the executive said.... 2008-07-04 10:02:00 http://www.fin-rus.com/newtopics/news044F2/default.asp July 4. In global petroleum market news, oil prices broke through the USD 145 mark on Thursday. Light, sweet crude for August delivery settled at a record USD 145.29 Thursday on NYMEX, up USD 1.72 from the previous session. Earlier in the day, the contract rose to USD 145.85 a barrel, also... 2008-07-04 09:43:00 http://www.fin-rus.com/newtopics/news044EA/default.asp July 3. AvtoVAZ needs USD 3 bn in investments over the next 4 years, the auto maker's chief executive Borish Aleshin said. "In the next 4 years the company needs investments of around USD 3 bn, with USD 2.5 bn to be allocated directly for the creation of new models and roughly USD 500 mn to... 2008-07-03 10:13:00 http://www.fin-rus.com/newtopics/news044EB/default.asp July 3. Orders for U.S.-made factory goods rose by 0.6% in May against April. In line with the revised data, April orders jumped 1.3%, but not 1.1% as reported earlier. Industrial orders grew for the third consecutive month in May. Orders for durable goods that account for about half of all... 2008-07-03 10:12:00 http://www.fin-rus.com/newtopics/news044EC/default.asp July 3. Norwegian StatoilHydro could receive nearly 25% of the reserves from the Shtokman gas condensate field in Russia, the company's CEO Helge Lund believes. However, the Norwegian company will not discuss volumes of gas to be received until the final decision on investments in the... 2008-07-03 10:11:00 http://www.fin-rus.com/newtopics/news044ED/default.asp July 3. US-based energy concern Exxon Mobil is unsatisfied with Russian Gazprom's proposal to sell it gas from the north-east shelf of the Island of Sakhalin, the Sakhlin-1 project, at a price half as much as on the domestic market. Exxon's subsidiary Exxon Neftegas Limited (ENL) acts as... 2008-07-03 10:10:00 http://www.fin-rus.com/newtopics/news044EE/default.asp July 3. Lukoil counts on successful exploration activities on the Russian shelf of the Caspian Sea, said the company's president Vagit Alekperov. "Today we have a significant niche of activities on the Russian shelf of the Caspian Sea and four formations discovered by our company on... 2008-07-03 10:09:00 http://www.fin-rus.com/newtopics/news044EF/default.asp July 3. Polimetall's FY07 net loss under US GAAP amounted to $0.5 mn. The respective unaudited financial indicators are posted on the company's corporate website. The audited report which the metal maker planned to release this week could be made public next week. In 2006 Polimetall's US... 2008-07-03 10:08:00 http://www.fin-rus.com/newtopics/news044F0/default.asp July 3. Onexim Group has named 8 nominees to 11 seats on the board of directors of TGK-4, including Evgeny Abramov, Grigory Bakaev, Julia Basova, Vladimir Pahomov, Dmitry Razumov, Ekaterina Salnikova, Valery Senko, Sergey Stefanovich, the group said in a press release. Based on the genco... 2008-07-03 10:07:00