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Financials and Investment News in Russia

SIBUR’s Five-Year Eurobond Float Worth $500 Million Oversubscribed By More Than 2.5X
9/17/2019 - PJSC SIBUR Holding, Russia’s largest integrated petrochemicals company, announces the successful float of five-year Eurobonds worth $500 million on the Irish Stock Exchange. The initial coupon rate, s...
PetroNeft Resources Provides Financing Update
6/25/2019 - PetroNeft (PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67, is pleased to provide a financing ...
Gazprom Neft Joins Forces with the Mir National Card Payment System
6/7/2019 - Gazprom Neft has signed an agreement with the National Payment Card System (“NSPK”), owners of the “Mir” card payment system, on collaborating in increasing the use of national card-payment services t...
Gazprom Neft Signs Social & Economic Cooperation Agreement for 2019–2021
4/22/2019 - Gazprom Neft has signed a further social and economic cooperation agreement with the Government of the Khanty-Mansi Autonomous Okrug-Yugra, with the document being signed by Gazprom Neft CEO Alexander...
Petroneft Agrees Increase in Financing Facility with Petrogrand
3/21/2019 - Ain-listed PetroNeft, an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50 percent owner and operator of Licences 61 and 67, has agreed an increas...
Financing Update of Licences 61 & 67
3/21/2019 - PetroNeft (PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67, provides a financing update. ...
Gazprom & VTB Bank Discuss Cooperation
2/26/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Andrey Kostin, President and Chairman of the VTB Bank Management Board, was held today in Moscow. The parties...
Gazprom Maintaining Effective Cost Optimization Efforts
2/6/2019 - The Gazprom Board of Directors took note of the information on the Gazprom Group’s cost optimization (reduction) efforts in 2018 and its priorities in this area for 2019. ...
Rosneft Deutschland Successfully Started Direct Marketing Operations
1/16/2019 - Rosneft Deutschland GmbH, a Rosneft subsidiary, started direct marketing operations in order to increase the efficiency. The company implemented marketing of all refined products produced by Rosneft ...
Lukoil Reports 20% Rise in Q2 Profit on Stronger Oil, Weaker Rouble
8/29/2018 - Russia’s second-largest oil producer, Lukoil, reported a 20 percent rise in second-quarter net profit helped by stronger oil prices and a weaker rouble. ...
Rosneft Suing Exxon-Led Oil Project over Dispute Between Neighbours
7/25/2018 - Russian oil major Rosneft’s $1.4 billion lawsuit against the ExxonMobil-led Sakhalin-1 consortium relates to a row over how oil should be shared between the Sakhalin-1 concession and an adjacent Rosne...
Gazprom Neft & Sberbank Sign Memorandum of Intent
5/25/2018 - Gazprom Neft and Sberbank have signed a Memorandum of Intent at this year’s St Petersburg International Economic Forum, the signatories to the document being Vadim Yakovlev, First Deputy CEO, Gazprom ...
Gazprom & JBIC Address Cooperation Prospects
5/24/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Tadashi Maeda, CEO and Executive Managing Director of Japan Bank for International Cooperation (JBIC), took p...
Additional Provisions to Rosneft-2022 Strategy
5/1/2018 - Rosneft Board of Directors approved additional initiatives to “Rosneft-2022” Strategy taking into account the message of the President of the Russian Federation Vladimir Putin to the Federal Assembly....
NOVATEK Signed an Additional Agreement with the Yamalo-Nenets Autonomous District
3/28/2018 - Today PAO NOVATEK (“NOVATEK”) signed an additional agreement to the Agreement on Cooperation with the Government of the Yamalo-Nenets Autonomous District (YNAO). The additional agreement provides the ...
Gazprom Neft Reports Record Financial Performance for 2017
2/28/2018 - The company achieved record results across a number of financial metrics in 2017. Company revenue including duties (sales) for the 12 months ended 31 December 2017 was in excess of RUB2 trillion, an i...
Austrian Oil & Gas Firm OMV Plans to Grow via Takeovers
2/21/2018 - Austrian oil and gas company OMV aims to grow its business with acquisitions in 2018 and increase its earnings by further cutting costs, its chief executive said on Wednesday. ...
Lukoil Discusses with Employees Prospects of Company Development in Perm Region
2/20/2018 - During his working visit to Perm Region, President of LUKOIL Vagit Alekperov, jointly with Governor Maxim Reshetnikov, held meetings with employees of LUKOIL's subsidiaries, contractors and service co...
Lukoil & Komi Develop Cooperation
2/19/2018 - President of LUKOIL Vagit Alekperov and the Head of the Republic of Komi, Sergey Gaplikov, signed yet another protocol to the Agreement on Cooperation between the company and the region, in Usinsk tod...
PetroNeft Provides Financing Update
1/17/2018 - PetroNeft (PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67, is pleased to provide a financing ...

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