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Russia"s broadly defined monetary base expanded...

Russia"s broadly defined monetary base expanded 3.9% to 5.218 trillion rubles ($174 bln) in November, the Central Bank reported on Wednesday.


MOSCOW, December 3 (RIA Novosti) - British...

MOSCOW, December 3 (RIA Novosti) - British company Imperial Energy said on Monday it had increased output at its oil deposits in Western Siberia by 17.6% to 10,000 barrels per day. Imperial Energy, a British company focused on oil exploration and production in former Soviet republics, holds licenses to explore and develop oil deposits in Russia"s Tomsk Region. "Imperial has achieved its year end production target of 10,000 bbl/d - currently producing at a rate of 10,000 bbl/d, which continues to increase," the company said in a statement. According to Imperial Energy"s reserve audit data as of December 31, 2006, the company"s "proven plus probable" reserves amount to 802.6 million barrels. Imperial Energy earlier said it plans to produce 10,000 barrels per day by late 2007, 25,000 bbl/d by late 2008, and 35,000 bbl/d by late 2009. Imperial Energy said it had invested $600 million in the development of its oil deposits in Russia.


Russian President Dmitry Medvedev has signed...

Russian President Dmitry Medvedev has signed a decree awarding state decorations to Russian athletes for their achievements at the Winter Olympics in Vancouver, the Kremlin press service said on Saturday.

Around Moscow

NHL star Alexander Ovechkin expects to play...

"We need to be a single fist," the Washington Capitals captain told RIA Novosti. "Like all the guys say: "fight, fight and fight again!""

Asked whether he thought there was any chance Germany could upset Canada and advance to play Russia in the quarterfinals, Ovechkin said: "Of course, I would like to believe that, but I think there is no chance."

He said he would not watch the game, as he knew all the Canadian players from the NHL.

"Why watch them? I see them every day," the 24-year-old said.

He admitted, however, that he did watch Canada"s loss to the United States, "because it was a really interesting game."

Ovechkin dismissed any question of disappointment at facing Canada at the quarterfinal stage, rather than with a gold medal at stake, saying there were no easy games left in the competition.

"The harder it is to get something, the sweeter it tastes," he said.

Russia canceled its training session scheduled for noon on Monday

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