Aug 21. The federal budget revenue is projected at RUB 10.92 tn in 2009, or 21.2% of GDP, and the surplus is scheduled at RUB 1.90 tn, or 3.7% of GDP, >>> Aug 21. Russian President Dmitry Medvedev and President of the Syrian Arab Republic Bashar al-Assad are to discuss Syrian-Russian trade and economic cooperation issues in Sochi Thursday. >>> Aug 21. Mechel Group forwarded a recommended cash offer to minority shareholders of British Oriel Resources. >>> Aug 21. Lukoil's petrochemical arm Lukoil-Neftekhim has suspended operations at Stavrolen in the Stavropol region due to power supply problems, >>> Aug 21. Novatek has launched a global depositary receipt (GDR) buyback program on the London Stock Exchange, >>> Aug 21. The largest Russian independent gas producer Novatek projects gas output to rise at least 20%, the company's CFO >>> Aug 21. The Federal Civil Aviation Agency (Rosaviation) could revoke the license of Krasnoyarsk Airlines (KrasAir) in the event of repeated mass flight delays, >>> Aug 21. In global petroleum market news, the price of oil bounced back near USD 115 a barrel on Wednesday, as traders shrugged off a massive build in U.S. crude inventories and a stronger dollar an >>> | 
