Financials and Investment News in Russia

RusHydro Signs Guarantee Agreement with PJSC SBERBANK
3/17/2021 - PJSC RusHydro (RSHYY) has announced signing of guarantee agreement with PJSC Sberbank. PJSC RusHydro obliges to be responsible for obligations of JSC Far Eastern Hydrogenating Company (JSC DGK) regard...
SIBUR Raises Minimum Dividend Payout to 50%
3/10/2021 - SIBUR's Board of Directors has approved a new Regulation on Dividend Policy increasing the minimum dividend payout ratio from 35% to 50% of adjusted net profit under IFRS. The new policy applies to re...
LUKOIL Releases Financial Results under IFRS for 2020
3/10/2021 - PJSC LUKOIL released its audited consolidated financial statements for 2020 prepared in accordance with the International Financial Reporting Standards (IFRS). ...
Gazprom Neft Increases Energy Efficiency at Its Directly Owned Refineries
3/10/2021 - Gazprom Neft succeeded in cutting energy, heating and fuel costs across its directly owned refineries (in Moscow and Omsk) throughout 2020, with energy-saving initiatives delivering savings of RUB400 ...
Citi Appointed as Depositary Bank for Tatneft’s ADR Program
2/19/2021 - Citi, acting through Citibank N.A., has been appointed by PJSC Tatneft (Tatneft) – one of the largest Russian oil companies – to act as depositary bank for its American Depositary Receipt (“ADR”) prog...
Gazprom Neft Recorded Consistent Net-Profit Growth
2/18/2021 - Gazprom Neft has published its IFRS consolidated financial statements for the 12 months and fourth quarter (Q4) ended 31 December 2020 (FY 2020). ...
NOVATEK Repays Ten-Year Eurobonds
2/3/2021 - PAO NOVATEK announced today the Company has repaid the USD 650 million Eurobond issue in accordance with the bonds maturity schedule. The Eurobonds were originally issued in February 2011 for a ten-ye...
Gazprom Group & Overgas Group Reach Settlement
1/29/2021 - In Sofia, the Overgas Group and the Gazprom Group reached a mutually satisfactory final agreement on the settlement of all existing disputes and claims, as well as the sale of the Gazprom Group's shar...
PetroNeft Provides a Financing Update
1/22/2021 - 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 ...
Related-party Transactions of Inter RAO
12/28/2020 - Public Joint Stock Company ("Inter RAO"), the largest diversified utilities holding in Russia, announces that on December 28, 2020 Inter RAO has executed the following Loan Agreements with its subsidi...
NOVATEK’s Board Approves the New Dividend Policy
12/18/2020 - The Board of Directors (the “Board”) of PAO NOVATEK (“NOVATEK”) approved amendments to its Regulations on Dividend Policy. ...
PetroNeft Provides Financing Update
12/15/2020 - PetroNeft (PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licenses 61 and 67 is pleased to provide the following...
Management Committee Approves Gazprom’s Tax Policy Framework for 2021–2023
12/10/2020 - The Gazprom Management Committee approved the Company’s tax policy framework for the year 2021 and the 2022–2023 planning period. ...
Zoltav Announces Half Year Report for the 6M Ended 30 June 2020
10/29/2020 - Zoltav, the Russia-focused oil and gas exploration and production company, announces results for the six months ended 30 June 2020.

Financial Summary
- Revenues declined by 12% to RU...
Transaction on Debut Issue of Gazprom's Perpetual Eurobonds Closed
10/26/2020 - A transaction on placement of a debut issue of perpetual subordinated Eurobonds of Gazprom expressed in US dollars and euros was closed on October 26, 2020. ...
Debt Service Guarantees on Yamal LNG Removed from NOVATEK
9/24/2020 - PAO NOVATEK announced that after fulfilling all the conditions stipulated by the Project's external bank financing, the debt service guarantees of Yamal LNG were formally removed from NOVATEK.
Petroneft Receives Financing for Development on Licence 67
9/21/2020 - Following successful completion of the C4 extended well test at the Cheremshanskoye field on Licence 67 earlier this year, a non-binding Heads of Terms Agreement has been executed between the owner an...
Annex to Yamal Contract Executed by PGNiG
6/16/2020 - The annex signed between PGNiG SA and Gazprom confirms the application of a new pricing formula, as set out in the arbitral award. The parties also agreed that by July 1st 2020 Gazprom would transfer ...
Tatneft Announces its IFRS Consolidated Interim Financial for Q1 of 2020
6/5/2020 - PJSC Tatneft published on its web-site the unaudited consolidated interim condensed financial statements (the Financial Statements) for the three months ended 31 March 2020 prepared in accordance with...
Project Finance Documentation Signed for Amur Gas Processing Plant
12/24/2019 - Gazprom Pererabotka Blagoveshchensk and Gazprom completed the signing of project finance documentation for the construction of the Amur Gas Processing Plant (GPP). ...

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