Posts Tagged ‘offshore’

  1. Shaxson on London’s “treasure islands” and oligarchs

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    March 23, 2014 by AK

    Nicholas Shaxson says almost everything I feel I’ve wanted to say, and much more, about the London-centered offshore network and its side effects. In the first section of his long, well-structured article, Shaxson surveys responses to Ben Judah’s recent NYT piece, London’s Laundry Business. He briefly recaps the City’s ancient history and explains how it rebounded …
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  2. Breaking what’s being fixed

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    December 8, 2013 by AK

    The current Putin-Medvedev government wants Russian-owned businesses with a primary focus in Russia to be domiciled in Russia. At the same time, Putin’s latest Constitutional amendment is doing away with the most advanced segment of Russia’s otherwise pathetic legal system, that is the courts of arbitration, which litigate business disputes. It does not make sense. …
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  3. When in doubt, call them hooligans

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    October 27, 2013 by AK

    Russia has announced that it will be replacing the original piracy charges against the Greenpeace 30 with hooliganism and, for some, resistance to lawful authorities. Hooliganism is becoming a one size fits all charge – unexpectedly linking Pussy Riot and the Greenpeace 30.


  4. Greenpeace “piracy:” chronicles of Russia’s self-destruction

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    October 5, 2013 by AK

    Back to the 30 Greenpeace activists who have been or are going to be charged with piracy in Murmansk. Once again, the reasons why the charge is absurd under international law have been laid out by prof. Kontorovich (scroll down the archive page) and I have tried to explain why it goes against the Russian …
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  5. Gazprom’s $3-bln platform

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    October 2, 2013 by AK

    Offshore oil production is less than 3% of Russia’s total but Russia has grandiose plans for oil and gas production in the Arctic ocean as well as the Black Sea and the Far Eastern seas. ExxonMobil’s and Shell/s experience operating Sakhalin’s offshore fields seems to position them as the most logical choices for Rosneft/Gazprom’s partners …
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  6. Gazprom’s Arctic platform: how important is it?

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    September 30, 2013 by AK

    Russia produces over 10 million barrels per day – 500+ million tons per year – of crude and condensate, about as much as Saudi Arabia. Which of the two countries is No. 1 in total liquids output depends on how and whether you count Saudi and Russian natural gas liquids (NGL). The US is number three by …
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  7. Greenpeace’s anti-Gazprom stunt was not an act of piracy

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    September 28, 2013 by AK

    Greenpeace vs Gazprom… It’s not piracy under Russian law. The platform is not a ship and the activists weren’t after Gazprom’s property. See the criminal code of the Russian Federation, Article 227, “Piracy”: “An attack on a sea or river vessel with the purpose of gaining possession of [someone else’s – чужим] property using violence …
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