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Yukos Oil
OJSC "Yukos Oil Company" (, ) was an oil and gas company based in Moscow, Russia. Yukos was acquired from the Russian government by Russian oligarch Mikhail Khodorkovsky's Bank Menatep during the controversial "loans for shares" auctions of the mid 1990s. Between 1996 and 2003, Yukos became one of the largest and most successful Russian companies, producing 20% of Russia's oil output. In the 2004 ''Fortune 500'', Yukos was ranked as the 359th largest company in the world. In October 2003, Khodorkovsky—by then the richest person in Russia and 16th richest person in the world—was arrested, and the company was forcibly broken up for alleged unpaid taxes shortly after and declared bankrupt in August 2006. Courts in several countries later ruled that the real intent was to destroy Yukos and obtain its assets for the government, and act politically against Khodorkovsky. In 2014, the largest arbitration award in history, $50 billion (€37.2 billion), was won by Yukos' ...
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Moscow, Russia
Moscow is the Capital city, capital and List of cities and towns in Russia by population, largest city of Russia, standing on the Moskva (river), Moskva River in Central Russia. It has a population estimated at over 13 million residents within the city limits, over 19.1 million residents in the urban area, and over 21.5 million residents in Moscow metropolitan area, its metropolitan area. The city covers an area of , while the urban area covers , and the metropolitan area covers over . Moscow is among the world's List of largest cities, largest cities, being the List of European cities by population within city limits, most populous city entirely in Europe, the largest List of urban areas in Europe, urban and List of metropolitan areas in Europe, metropolitan area in Europe, and the largest city by land area on the European continent. First documented in 1147, Moscow became the capital of the Grand Principality of Moscow, which led the unification of the Russian lan ...
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Crime
In ordinary language, a crime is an unlawful act punishable by a State (polity), state or other authority. The term ''crime'' does not, in modern criminal law, have any simple and universally accepted definition,Farmer, Lindsay: "Crime, definitions of", in Cane and Conoghan (editors), ''The New Oxford Companion to Law'', Oxford University Press, 2008 (), p. 263Google Books). though statutory definitions have been provided for certain purposes. The most popular view is that crime is a Category of being, category created by law; in other words, something is a crime if declared as such by the relevant and applicable law. One proposed definition is that a crime or offence (or criminal offence) is an act harmful not only to some individual but also to a community, society, or the state ("a public wrong"). Such acts are forbidden and punishable by law. The notion that acts such as murder, rape, and theft are to be prohibited exists worldwide. What precisely is a criminal offence is def ...
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Nefteyugansk
Nefteyugansk () is a city in Khanty-Mansi Autonomous Okrug, Russia, located south of the Ob River, close to the larger city of Surgut. Population: History It was founded on October 16, 1967, after an oil field had been discovered on a small forest clearing in the middle of the taiga marshland in 1961. The main and the only big enterprise in the city, ''Yuganskneftegaz'', was founded in February 1966. The name 'Yugansk' comes from the indigenous Khanty name of a small river near the city, ''neft means oil in Russian, and ''gaz'' is natural gas. The economy of the city remains petroleum-based, and was a major center for the Russian oil enterprise ''YUKOS'', which owned ''Yuganskneftegaz''. In fact, the "Yu" in "YUKOS" comes from the "yu" in "Nefteyugansk" and therefore from " Yuganskneftegaz". The other three letters come from the oil-refining factory "Kuibyshev-Org-Sintez", situated in Samara. On June 26, 1998, city mayor Vladimir Petukhov was shot dead on the way to his of ...
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Siberia
Siberia ( ; , ) is an extensive geographical region comprising all of North Asia, from the Ural Mountains in the west to the Pacific Ocean in the east. It has formed a part of the sovereign territory of Russia and its predecessor states since the lengthy conquest of Siberia, which began with the fall of the Khanate of Sibir in 1582 and concluded with the annexation of Chukotka in 1778. Siberia is vast and sparsely populated, covering an area of over , but home to roughly a quarter of Russia's population. Novosibirsk, Krasnoyarsk, and Omsk are the largest cities in the area. Because Siberia is a geographic and historic concept and not a political entity, there is no single precise definition of its territorial borders. Traditionally, Siberia spans the entire expanse of land from the Ural Mountains to the Pacific Ocean, with the Ural River usually forming the southernmost portion of its western boundary, and includes most of the drainage basin of the Arctic Ocean. I ...
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Yuganskneftegaz
Yuganskneftegaz () is a wholly integrated subsidiary of Rosneft that owns and operates the second largest oil production complex in Russia. It was formerly the most important production subsidiary of Yukos, but was expropriated by the Russian government and given to Rosneft, a state-owned company. Background Yuganskneftegaz began operations in 1964, and saw significant upgrades in the 1990s that are responsible for bringing its production to their current levels. Yuganskneftegaz was formerly owned by Yukos, which was broken up and its principal assets sold off to satisfy tax debts allegedly totaling $28 billion. On 19 December 2004, Yuganskneftegaz was sold at a state-run auction, ostensibly to satisfy tax debts. The winning, and sole, bidder, was a little-known Russian oil company called Baikal Finance Group, who paid $9.7 billion. It was later revealed that the previously unheard-of Baikal Finance Group is a group of Kremlin insiders headed by Igor Sechin, Deputy Head of the Pre ...
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Oil And Gas
A fossil fuel is a flammable carbon compound- or hydrocarbon-containing material formed naturally in the Earth's crust from the buried remains of prehistoric organisms (animals, plants or microplanktons), a process that occurs within geological formations. Reservoirs of such compound mixtures, such as coal, petroleum and natural gas, can be extracted and burnt as fuel for human consumption to provide energy for direct use (such as for cooking, heating or lighting), to power heat engines (such as steam or internal combustion engines) that can propel vehicles, or to generate electricity via steam turbine generators. Some fossil fuels are further refined into derivatives such as kerosene, gasoline and diesel, or converted into petrochemicals such as polyolefins ( plastics), aromatics and synthetic resins. The origin of fossil fuels is the anaerobic decomposition of buried dead organisms. The conversion from these organic materials to high-carbon fossil fuels is typical ...
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Decree Of The President Of Russia
A Decree of the President of the Russian Federation (; ''Ukaz Prezidenta Rossiyskoy Federatsii'') or Executive Order (Decree) of the President of Russia is a legal act (''ukase'') with the status of a by-law made by the President of Russia. As normative legal acts, such have the status of by-laws in the hierarchy of legal acts (along with Decrees of the Government of the Russian Federation and instructions and directions of other officials). Presidential decrees may not alter existing laws of higher precedence – the Constitution of Russia, Federal Constitutional Laws, Federal Laws and laws of Russian regions and, till the 2020 Russian constitutional referendum, Russia's international agreements, which now however stand in lower precedence than Presidential Decrees or any other Russian state law or obligation – and may be superseded by any of these laws. History In 1992 and 1993 a constant war between President Yeltsin and the Russian parliament became known as "war of laws ...
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Russian Government
The Russian Government () or fully titled the Government of the Russian Federation () is the highest federal executive governmental body of the Russian Federation. It is accountable to the president of the Russian Federation and controlled by the State Duma. The status and procedure of its activities are determined by chapter 6 of the Constitution of the Russian Federation and the provisions of the federal constitutional law "On the Government of the Russian Federation". The Government's terms of reference include the development and enforcement of the federal budget and the implementation of socially oriented government policies in various cultural areas of Russian society. Although the Government of the Russian Federation does not adopt laws, its responsibilities include issuing federal by-laws (resolutions) based on federal laws passed by the Federal Assembly. According to the 1991 amendment to the 1978 constitution, the president of Russia was the head of the executi ...
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Order Of The Government Of Russia
Orders of the Government of Russia () is secondary legislation, a normative administrative directive content published by the Government of the Russian Federation within the limits of its competence, on the basis and in pursuance of the Constitution of the Russian Federation, federal constitutional laws, federal laws and Decrees of the President of Russia. Legal basis Publication Resolution of the Government of the Russian Federation are subject to compulsory official publication, except for acts or separate provisions, containing information constituting a state secret, or confidential information. Resolution of the Government of the Russian Federation must be officially published in Rossiskaya Gazeta and the Assembly of the RF legislation, within ten days from the date of signing. Control over the correctness and timeliness of publication of government decrees implementing Government Office. Other acts of the Russian government, including acts that contain information contai ...
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Gazprom
PJSC Gazprom ( rus, Газпром, , ɡɐsˈprom) is a Russian State-owned enterprise, majority state-owned multinational Energy industry, energy corporation headquartered in the Lakhta Center in Saint Petersburg. The Gazprom name is a contraction of the Russian words ''gazovaya promyshlennost'' (, gas industry). In January 2022, Gazprom displaced Sberbank of Russia, Sberbank from the first place in the list of the List of companies of Russia, largest company in Russia by market capitalization. In 2023, the company's revenue amounted to 8.5 trillion rubles, a significant decline from the 11.7 trillion rubles it reported in 2022. Gazprom is Vertical integration, vertically integrated and is active in every area of the gas industry, including Hydrocarbon exploration, exploration and Extraction of petroleum, production, refining, Petroleum transport, transport, Midstream, distribution and marketing, and Electricity generation, power generation. In 2018, Gazprom produced twelve per ...
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Rosneft
PJSC Rosneft Oil Company ( stylized as ROSNEFT) is a Russian integrated energy company headquartered in Moscow. Rosneft specializes in the exploration, extraction, production, refining, transport, and sale of petroleum, natural gas, and petroleum products. The company is controlled by the Russian government through the Rosneftegaz holding company. Its name is a portmanteau of the Russian words (). Rosneft was founded in 1993, as a state enterprise and then incorporated in 1995, acquiring a number of state-controlled gas and oil assets. It became Russia's leading oil company after purchasing assets of the former oil company Yukos at state-run auctions. After acquiring OJSC TNK-BP in 2013, then one of the largest oil companies in Russia, Rosneft became the world's largest publicly traded petroleum company. Rosneft is the second largest Russian company and state-controlled company in Russia in terms of revenue ( ₽4,134 billion). Internationally, it is one of the larges ...
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Norton Rose Fulbright
Norton Rose Fulbright (NRF) is a British-American business law firm. It is the thirteenth-largest by headcount and 21st by revenue, with revenues of more than $2 billion. The British law firm Norton Rose originated in 1794 when it was established by Robert Charsley. In 2013, The Norton Rose Fulbright came into existence through the combination of the British law firm Norton Rose and the American law Fulbright & Jaworski. Norton Rose Fulbright's Houston office is located at 1550 Lamar Street, Suite 2000, Houston, Texas 77010. History Norton Rose was founded in 1794 by Robert Charsley, the only employee at the time. In 1821, Charsley partnered with William Barker, creating Charsley & Barker. Later that century, Phillip Rose (later Sir Philip Rose) joined the firm, creating Barker & Rose and later Barker, Rose & Norton when Henry Elland Norton joined. By 1900, the firm was called Norton, Rose, Norton & Co. In 1960, the firm, renamed Norton, Rose & Co., amalgamated with the ...
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