Societe Generale to Exit Russia With Sale of Stake in Rosbank and Insurance Units April 11, 2022 Societe Generale said on Monday it had agreed to sell its stake in Rosbank and the Russian lender’s insurance subsidiaries...
Russian Mining Giant Nornickel Fined $2 Billion for Huge Arctic Fuel Spill February 5, 2021 By Polina Devitt MOSCOW – Russian mining giant Norilsk Nickel was fined $2 billion on Friday for the damage caused by a huge...
Russia Requires Firms to Develop Financial/Insurance Contingency Plans for Oil Spills July 14, 2020 President Vladimir Putin on Monday signed legislation requiring companies involved in oil production or handling other hydrocarbons to have adequate...
Russia’s Nornickel Denies Allegations of Cover-Up over Arctic Oil Spill July 13, 2020 By Andrew Osborn and Tom Balmforth Pressure is mounting on Russian mining company Norilsk Nickel over an Arctic oil spill that has wiped about 17% off...
Russian Regulator Seeks $2B in Damages from Nornickel for Arctic Fuel Spill July 7, 2020 Russia’s environmental watchdog has asked a power subsidiary of Russian mining giant Norilsk Nickel (Nornickel) to pay almost 148 billion...
Unprecedented Arctic Diesel Spill Angers Putin and Could Force Green Reform in Russia June 11, 2020 By Yuliya Fedorinova, Ilya Arkhipov and Olga Tanas The mishandling of the biggest Arctic oil spill ever infuriated Russian President Vladimir Putin and could give a boost to...
Major Fuel Spill in Russian Arctic Moves Closer to Arctic Ocean: Regional Official June 10, 2020 Diesel fuel from a major spill in Russia’s Arctic has reached a pristine lake which is the basin for a...
Massive Fuel Spill in Siberia Blamed on Melting Permafrost – or Climate Change June 4, 2020 By Yuliya Fedorinova A massive fuel spill in Siberia prompted Russia to declare a state of emergency in the region as the mining...