Investment News in Russia

KSK Completed Grain Season to Investments in Port Infrastructure
7/20/2022 - KSK Grain Terminal (part of DeloPorts, a stevedoring asset of Delo Group (the Group)), handled 5 million 252 thousand tons of grain in the grain season 2021/2022 (June-July), exceeding the season 2020...
Calfrac Announces Suspension of Investments in Russia
3/29/2022 - Calfrac Well Services Ltd. ("Calfrac") (CFW) announces the suspension of any investments in the Russian Federation as the Company meets its contractual obligations in strict compliance with all applic...
KCA Deutag Provides Update on Russia Operations & Sanctions
3/21/2022 - ?"We are shocked and saddened by the deteriorating situation in Ukraine, and we join many to call upon all parties to urgently work towards a peaceful resolution in the region," said Joseph Elkhoury, ...
Baker Hughes Announces Update on Russia Operations
3/19/2022 - Baker Hughes (BKR) (“Baker Hughes”) announced it has suspended new investments for its Russia operations. The Company is continuing to comply with applicable laws and sanctions as it fulfills current ...
OMV Strategy 2030
3/16/2022 - - OMV aims to become a leading, integrated sustainable fuels, chemicals and materials company with a strong focus on circular economy solutions
- Net-zero (Scope 1, 2 and 3) to be reached by no l...
ABS Withdraws Class Services to Russian Vessels
3/14/2022 - After careful consideration of the situation in the Ukraine and the Black Sea as well as the applicable sanctions, ABS has taken the decision to withdraw all Class services involving Russian vessels, ...
Solvay to Suspend Operations in Russia
3/7/2022 - - €1M donated to aid relief efforts in Ukraine through Solvay Solidarity Fund
- Solvay pledges to match employees' private donations

Solvay is deeply concerned by the dramatic humanita...
Wintershall Dea Writes off Financing of Nord Stream 2
3/2/2022 - - No additional projects in Russia will be advanced or implemented
- Payment transactions already stopped
- Critical infrastructure will continue to be operated
- Joint statement from W...
Gazprom Board of Directors Approves Investment Program & Budget for 2022
12/21/2021 - - Overall amount of Gazprom's investments to be used in 2022: RUB 1,757.7 billion.
- Gazprom's borrowings for 2022: RUB 272.789 billion.

The Gazprom Board of Directors took note of the...
Gazprom Committee Endorses Drafts of Investment Program & Budget for 2022
11/25/2021 - - Overall amount of Gazprom's investments to be used in 2022: RUB 1,757.7 billion.
- Gazprom's borrowings for 2022: RUB 272.789 billion.
- Final investment program and budget will be approv...
Board of Directors Approves Gazprom’s Work on Major Investment Projects
11/23/2021 - The Gazprom Board of Directors expressed its approval of the Company's ongoing work on its major investment projects.

In the east of Russia, the Company continues pre-development operation...
Gazprom Board Approves Revised Investment Program & Budget for 2021
10/19/2021 - The Gazprom Board of Directors endorsed the revised investment program and budget (financial plan) for 2021.

As per the revised investment program...
Zoltav Secures Project Finance for East Bortovoy Development
10/4/2021 - Zoltav (ZOL), the Russia-focused oil and gas exploration and production company, announces an update regarding the Company's plans to commercialise the eastern fields of the Bortovoy Licence, Saratov....
EBRD, EU & Austria Finance Energy Efficiency in Serbia’s Homes
8/9/2021 - Households in Serbia are set to benefit from the further expansion of the Green Economy Financing Facility (GEFF) with a new €5 million loan in local currency provided by the European Bank for Reconst...
NOVATEK, Sberbank & Gazprombank Sign MOU for Gas Plant Construction
6/4/2021 - PAO NOVATEK (“NOVATEK”), PJSC Sberbank, and Gazprombank (Joint Stock Company) signed a Memorandum of Understanding (“MOU”) on financing the construction of a gas chemical plant on the Yamal peninsula....
Rosneft Announces Financial Results for 4Q 2020 and 12M 2020
2/12/2021 - - Net income in 4Q 2020 reached a record of RUB 324 bln and amounted to RUB 147 bln in 2020. ...
Orenburgneft's Green Investments Amount to Almost 2B Roubles in 2020
2/8/2021 - Orenburgneft, part of the Rosneft Oil Company oil-producing complex, invested more than 1.9 billion roubles in the implementation of environment-oriented and natural rehabilitation activities in 2020....
Gazprom Neft’s Board Reviews the Interim Results of 2020
12/24/2020 - The Gazprom Neft Board of Directors has reviewed the interim results of its 2020 investment programme, the company’s budget for 2020, and future plans.

Gazprom...
Gazprom Board Approves Investment Program & Budget for 2021
12/22/2020 - The Gazprom Board of Directors took note of the Company's preliminary operating results for 2020 and the projected investment program and budget (financial plan) for 2022–2023.

In addition...
Gazprom Approves Revised Investment Program & Budget for 2020
10/28/2020 - The Gazprom Board of Directors endorsed the revised investment program and budget (financial plan) for 2020.

As per the revised investment program for 2020, the overall amount of investment...

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