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Report: OPEC leans towards oil cut extension, needs non-members in

MOSCOW, Mar 20 (PRIME)
OPEC oil producers increasingly favor extending beyond June a pact on reducing crude supply to balance the market, although Russia and other non-members need to remain part of the initiative, Reuters reported on Monday citing sources within the group.

Polyus to sell 82% in Nezhdaninskoye gold deposit for $158 mln

MOSCOW, Mar 21 (PRIME)
Russian gold producer Polyus will sell an 82.34% stake in the Nezhdaninskoye gold deposit for U.S. $158 million to a company beneficially controlled by Ivan Kulakov, a former managing director of Highland Gold Mining, Polyus said in a statement on Tuesday.

Russian antitrust hopes to agree on amicable deal with Google soon

MOSCOW, Mar 21 (PRIME) The Federal Antimonopoly Service plans to agree on an amicable deal with Google by March 27, when the Arbitration Court of the Moscow District hears Googles cassation against decisions of lower courts, which confirmed legitimacy of the antimonopoly services decision and warrant for the firm, Director Igor Artemyev said on Tuesday.
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MOSCOW, Mar 20 (PRIME) -- Royal Dutch Shell pins high hopes on Russias liquefied natural gas (LNG) industry, but is sure the country will face severe competition on the market, head of Shell's new projects department Stuart Bradford said in an interview with PRIME on Monday.
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