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A dangerous bear dance

Article Abstract:

Tussian gas and petroleum companies have benefited from the drop in value of the Russian ruble which has cut their costs. Western firms were initially attracted to the industry, but they faced high taxes which often seemed arbitrary. The government has become keener on attracting foreign investors, but a drop in the price of petroleum is one reason why foreign investors are deterred. The Russian financial crisis, political complications and taxes are other reasons for foreign companies' lack of enthusiasm.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998
Foreign investments, Russia

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Terminal condition: Japan's oil industry

Article Abstract:

The oil industry in Japan is doing poorly because of impending competition and deregulation. Oil companies must lower their prices, while their costs for crude oil are increasing. There are also too many filling stations in this oversupplied industry.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
Japan, Finance

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Dumas goes down

Article Abstract:

Former French foreign minister, Roland Dumas, has been given a jail sentence for his involvement in a corruption scandal involving the petroleum company. Elf.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
Laws, regulations and rules, France, Political aspects, Corruption investigation, Dumas, Roland, Elf Aquitaine S.A.

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Subjects list: Petroleum industry, Petroleum
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