Financials and Investment News in Russia

Russia Economy - OCT 11
Russia Economy - OCT 11 10/20/2011 - The Russian economy grew by 3.4% on an annual basis in 2Q11, down from 4.1% in 1Q11. The slowdown has been attributed to the global financial turmoil. Although industrial output growth has also declin...
FSU and Russia Oil Supply - OCT 11
10/11/2011 - Total FSU oil production is foreseen to increase by 0.10 mb/d in 2011 and average 13.32 mb/d, indicating a downward revision of 20 tb/d from the previous month. The forecast experienced a few upward a...
TNK-BP Invested 2.3 Billion Rubles to Upgrade Saratov Refinery
7/12/2011 - In the first six months of 2011 TNK-BP has invested over 2.3 billion Rubles to refurbish and upgrade production facilities at the Saratov Refinery and it intends to bring these investments up to 7.5 b...
IEA Looks at Oil & Gas Market Prospects Through 2016
6/16/2011 - Annual growth in oil demand could average 1.2 million barrels per day (mb/d) between now and 2016, while natural gas demand could grow by around 500 billion cubic meters – around 2.5 times Russia’s cu...
Russia to Get $55 bn in New Oil, Gas Duties
7/23/2010 - Russia will raise the mineral extraction tax on gas by 61 percent from January 1 and increase export tariffs on copper, nickel and oil products to add billions to state coffers, the Finance Ministry s...
Petroneft Signed $30m Bank Facility With Macquarie
5/28/2010 - PetroNeft Resources plc, owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on bank financing. ...
Rosneft Posts Crude Oil Production in Q1 of 2010
5/17/2010 - Rosneft published its consolidated financial results under US GAAP for Q1 2010. In Q1 2010, Rosneft’s revenues increased by 78.6% year-on-year, to USD 14,761 mln. The increase was due to higher crude ...
TNK-BP Reported 71% Increase in Net Income in Q1 10
4/27/2010 - TNK-BP reported its results for the first three months ended 31 March of 2010 (US$ millions unless otherwise stated). Commenting on the results, Mikhail Fridman, interim Chief Executive Officer of TN...
Russia Wants $500 m Start Price for Trebs & Titov
4/16/2010 - Russia will demand a starting price of around $500 million when it auctions the strategic Trebs and Titov oil and gas fields in the Arctic north, Natural Resources Minister Yuri Trutnev said. ...
Nord Stream's Project Costs Remain EUR7.4 bn
4/15/2010 - There have been media reports stating that project costs for the Nord Stream Pipeline have increased from 7.4 billion to 8.8 billion euros. This is not true. ...
Lukoil Net Income Reached $7.011 bn in 2009
3/24/2010 - LUKOIL publishes consolidated US GAAP financial accounts for 2009. The Company’s net income before one-off impairment losses (including impairment loss for Anaran project in Iran, which was abandoned ...
Nord Stream Completes Phase I Financing
3/16/2010 - Nord Stream together with its shareholders in the consortium, Gazprom, BASF/Wintershall GmbH, E.ON Ruhrgas AG and N.V. Nederlandse Gasunie announced the successful signing of Phase I financing of the ...
TNK-BP Maintains Net Income at $5 bn
3/1/2010 - TNK-BP reported its results for the fourth quarter and twelve months ended 31 December 2009 (US$ millions unless otherwise stated). ...
Matra Raises £2 m in Placing Sokolovskoe Production
11/25/2009 - Matra is pleased to announce a placing of 66,666,667 new ordinary shares at 3p per share (the “Placing Shares”) to raise £2 million, before expenses (the “Placing”). The Placing was significantly over...
Rosneft Posts EBITDA of $3.7 bln in Q3 2009
11/25/2009 - In Q3 2009 Rosneft’s revenues increased by 19.2% quarter-on-quarter, to USD 13,048 mln. The increase was due to higher crude oil and petroleum product prices, growth of crude oil production volumes an...
Gazprom Neft to Release IIQ2009 Financial Results
9/9/2009 - JSC Gazprom Neft published consolidated financial statements for the second quarter and for the first six months of 2009 drawn up in compliance with US GAAP standards at the official site of the Compa...
Lukoil 2Q 2009 Net Income Increased by 160% Q-O-Q
8/28/2009 - LUKOIL publishes consolidated US GAAP financial accounts for the second quarter and first half of 2009. The Company’s net income was $3,229 million in the first half of 2009, including $2,324 million ...
Lukoil Offers Stock Exchange Bonds
6/23/2009 - OAO LUKOIL has completed the stock exchange bond offering of the BO-18, BO-19, BO-20 series, each worth RUR 5 billion. The bonds, placed at MICEX, will mature in 364 days. ...
Lukoil Ebitda Reached $2.4 Billion in 1st Qr of 2009
6/3/2009 - LUKOIL publishes consolidated US GAAP financial accounts for the first quarter of 2009. ...
TNK-BP Reports Its Results for the 1st Q of 2009
5/21/2009 - TNK-BP today reported its results for the three months ended March 31st 2009. Commenting on the results, Tim Summers, Chief Executive Officer of TNK-BP, said: This is a strong performance, despite a v...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.