Word: surgut
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Harvard submitted a demand for class arbitration to the American Arbitration Association last week, alleging that the Russian oil company Surgutneftengaz (Surgut) has cheated the University out of at least $3.7 million through illegal accounting practices...
...arbitration claim, Harvard accused Surgut of submitting annual profit figures to shareholders as much as 79 percent lower than those it submitted in tax reports to the Russian Federation—a practice Harvard said is illegal...
TIME Moscow Bureau Chief Marsh Clark, who last week visited a Siberian field near Surgut, found ranking Soviet oil experts confident but cautious. "If we said all our problems were solved, nobody would believe us, including ourselves," said one official. But the oilmen claimed that they were on the verge of major discoveries in the far north...
...accompany the article, February's visit was his 15th to the Soviet Union since 1958. This time both he and Shaw were treated to a view of Russia's interior that few foreign journalists have ever seen. They traveled to the western Siberian oilfields of Samotlor and Surgut, and emerged with the first color photographs of the area ever taken by an American photographer. At Aldan, Sochurek talked Aeroflot officials into renting him a helicopter to photograph the gold fields and track down the reindeer herds that graze in the area. In the eastern Siberian republic of Buryat...
...expected to hit 130 million tons by 1975, comparable to half of Saudi Arabia's output. A spur from the Trans-Siberian Railroad has been completed between the provincial capital of Tyumen and Tobolsk-both sleepy towns become boom cities-and is being extended 300 miles northward to Surgut...