EUROPE

Khodorkovsky in court today

The leader of Russias post communist-era oil revolution, and consequently the countrys richest ma...

This article is 20 years old. Images might not display.

Khodorkovsky has been charged with forgery, tax evasion and fraud associated with dealings through his former company Yukos, and faces up to 10 years in prison if found guilty.

The case has been seen as a test of Russia new democratic structure with many of the billionaire business mogul’s supporters claiming he is a victim of political persecution, targeted because he funded political parties and organisations opposed to Russian President Vladimir Putin.

However, Khodorkovsky has little support from the man on the street with many Russians still angered by the way he made his money by picking up state assets in the mid-1990s at bargain prices following the collapse of the Soviet Union.

Since his arrest Yukos has been forced to cancel a planned merger with fellow Russian oil major Sibneft and has seen periodic freezes on dealings in its stock imposed by the government.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

Future of Energy Report: Nuclear Power in Australia 2024

Energy News Bulletin’s new report examines what the energy and resources industry thinks of the idea of a nuclear-powered Australia.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.