Tag archive for ‘TNK-BP’
Niva Goldberg On Friday, December 4th, 2015

Blavatnik, Vekselberg Must Face $2 Billion Oil Proceeds Suit

  The Supreme Court of the State of New York has rejected the efforts of Billionaires Leonard (Len) Blavatnik and Viktor Vekselberg to stop a lawsuit by Russian businessman Leonid Lebedev who says they owe More...

S.M. Lightening On Sunday, February 15th, 2015

Billionaires Mikhail Fridman, German Khan, Buying London Luxury Student Dorms

Tycoon Mikhail Fridman is leading An investment group of Russian billionaires looking to purchase luxurious student facilities in London, for an estimated $824 million, propertyweek.com reported. Fridman wants More...

Vered Weiss On Thursday, February 12th, 2015

Billionaire Mikhail Fridman Shacking Up Investments With UK Student Housing

Russian billionaires who have been bitten by sanctions are buying up student housing in the U.K, according to Property Week. LetterOne, an investment group founded by Mikhail Fridman, oil tycoon and, with More...

Reuters On Thursday, December 11th, 2014

Few Oligarchs Can Beat Russia’s Weakening Economy

Russia’s oligarchs are no strangers to misfortune, asset grabs, forced investments and financial crises. Many of them may publicly shrug off a 40 percent plunge in the ruble and the difficulties caused More...

Vered Weiss On Sunday, October 19th, 2014

British Government Balks at Giving Comfort to Russian Oil Tycoon

–   Russian tycoon Mikhail Fridman is trying to improve his fortunes in the face of sanctions by forming an oil and gas concern, although the British government is hesitant to give its blessing on More...

Clive Minchom On Sunday, February 23rd, 2014

Leonid Mikhelson’s Petrochemicals Company SIBUR Buys Out Rosneft Stake in JV for $1 Billion +

– – Sibur, the giant Russian petrochemicals company 57.5% controlled by Russian billionaire Leonid Mikhelson, has reached an agreement with state owned Russian oil company Rosneft to acquire its’ More...

Clive Minchom On Wednesday, February 5th, 2014

Len Blavatnik & Viktor Vekselberg Sued for $2 Billion in New York Court by Former Partner

– It was only a matter of time. Russian billionaires Leonard Blavatnikand Viktor Vekselberg shared a US$55 billion windfall with BP in February of 2013, in the third largest oil deal in history when their More...

Clive Minchom On Monday, July 29th, 2013

Leonard Blavatnik and His Partners to Buy Stakes in Two Russian Power Plants for $700 Million

– Len Blavatnik / Getty – / By Clive Minchom / The Board of Directors of Russian energy company Inter RAO announced that it is selling its 27.7% interest in “JSC TGK-6” and its 41.4% interest More...

Clive Minchom On Wednesday, July 17th, 2013

Blavatnik Invests $400 Million Rocket Internet Takes Off Into Space

– – / By Clive Minchom / Billionaire Len Blavatnik, ranked 44 in the Forbes Rich List with a fortune of $16 billion, has invested about $400 million in German venture capital firm Rocket Internet, More...

Clive Minchom On Wednesday, June 19th, 2013

Mikhail Fridman’s Russian Alfa Group Sets Up New Investment Company in London

–  Mikhail Fridman – / By Clive Minchom / On June 17th it was announced in Moscow that Billionaire Mikhail Fridman’s Alfa Group will invest $20 billion in new oil and gas projects through a new More...

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