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Russia to Sell Giant Oil Field In Q4 2010

Source: Reuters 7/22/2010, Location: Asia

Russia will auction off the giant Trebs and Titov field, the largest oil deposit to be sold at an auction in the past five years, in the fourth quarter of 2010, the government said.

Russia has suspended auctions of large oil and gas fields in the middle of this decade after the government said it was not collecting enough money from sales and oil firms complained about transparency of auctions.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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