FAS launches third oil price fixing investigation

Premium Article - Thursday, 10 February 2011

Oil Barrels
Russia’s Federal Antimonopoly Service (FAS) announced yesterday it is investigating three of the country’s five largest oil companies over alleged price fixing on domestic diesel and aviation fuel.

Court says no to Gazprom challenge

Premium Article - Thursday, 22 July 2010

Russian state-owned oil company Gazprom Neft has lost an appeal in the country’s Constitutional Court against a 6 billion rouble (€153 million) price fixing fine imposed by the Federal Antimonopoly Service (FAS).

Gazprom fine overturned

Premium Article - Thursday, 12 November 2009

Russia’s Federal Antimonopoly Service will have to rethink its pursuit of the country’s oil companies after a Russian court quashed its 4.7 billion rouble (€109 million) fine against Gazprom Neft for abuse of dominance.

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