Source Pravda.Ru

Russian gas giant Gazprom completes purchase of oil company Sibneft

State-controlled gas giant Gazprom, has completed the purchase of Chelsea soccer club owner Roman Abramovich's Sibneft oil company for over US$13 billion (Ђ11 billion), Sibneft said Friday.

The deal, which gives President Vladimir Putin's Kremlin control over more than 30 percent of the Russian oil industry, was concluded Thursday, according to a statement posted on the Sibneft Web site, reports the AP.

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An explosion of household gas occurred in a nine-storeyed apartment building in the city of Shakhty, the Rostov region of Russia. The blast destroyed two storeys of the building

Another apartment building explodes in Russia. Several people killed

An explosion of household gas occurred in a nine-storeyed apartment building in the city of Shakhty, the Rostov region of Russia. The blast destroyed two storeys of the building

Another apartment building explodes in Russia. Several people killed