Acquisitions and Divestitures News in Russia
| 10/28/2016 - PAO NOVATEK (NOVATEK) announces that its subsidiary OOO NOVATEK-Yurkharovneftegas won the bid for a geological survey, exploration and hydrocarbons production license for the Tanamskiy subsoil area fo... |
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10/15/2016 - Rosneft completes the signing of the Sale and Purchase Agreement for a 49% stake in Essar Oil Limited (hereinafter - “EOL”) from Essar Energy Holdings Limited and its affiliates. Rosneft Board of Dir... |
| 10/15/2016 - Rosneft and ONGC Videsh Limited signed within the BRICS summit an Agreement on the preparation for the completion relating to the sale and purchase agreement of 11% shares in Vankorneft JSC. The docum... |
| 10/12/2016 - Under the Government of the Russian Federation Decree dated October 10, 2016 Rosneft carried out necessary corporate actions to prepare for and execute the acquisition of the Government’s stake in Bas... |
| 10/6/2016 - The Russian government instructed the board of state oil firm Rosneft to approve the purchase of a 50.1 percent stake in smaller oil firm Bashneft for a price not higher than 330 billion roubles ($5.3... |
| 10/6/2016 - OOO LUKOIL-AERO (a fully owned subsidiary of JPSC LUKOIL’s) and AO Aeroport Sheremetyevo have kicked off a joint project to build bulk fuel installations in the territory of Sheremetyevo International... |
| 10/5/2016 - Rosneft and a consortium of Indian companies, consisting of Oil India Limited (the leader of the consortium), Indian Oil Corporation Limited and Bharat PetroResources Limited closed the transaction fo... |
| 10/5/2016 - Rosneft and the consortium of Indian companies, comprised of Oil India Limited (leader of the consortium), Indian Oil Corporation Limited and Bharat PetroResources Limited closed the transaction for t... |
| 10/3/2016 - Russian Economy Minister Alexei Ulyukayev said that the government was ready to privatise a stake in the Bashneft oil firm this month, Russian news agencies reported. ... |
| 9/14/2016 - Rosneft and Indian ONGC Videsh Limited have signed the agreement of sale and purchase of 11% in Vankorneft and shareholders agreement in regard of the enterprise management. The documents were signed ... |
| 9/12/2016 - Norwegian company Araca Energy has acquired Russian oil company Geopromneft, the second Russian oil company the company has acquired, following the acquisition last week of Petrarko. ... |
| 9/9/2016 - LLC Neftegazovaya Kompaniya Tsentralnaya (Central Oil and Gas Company), a joint venture of PJSC LUKOIL, PJSC Gazprom and JSC NC KazMunayGaz (25% stake owned by LUKOIL), was granted the subsoil use lic... |
| 9/7/2016 - Gazpromneft-Noyabrskneftegaz and Gazpromneft-Yamal, subsidiaries of Gazprom Neft, have won recent tendering rounds for subsoil usage rights to the Yuzhno-Noyabrskoye and Kamennomysskoye (onshore) fiel... |
| 9/5/2016 - Further to the announcement made on 23 August 2016, Urals Energy (AIM:UEN), the independent exploration and production company with operations in Russia, is pleased to confirm that the acquisition of ... |
| 9/3/2016 - Russia hopes to raise more than $11 billion for a minority stake in the Kremlin's flagship oil producer Rosneft before the end of the year to plug budget holes caused by low crude prices, an industry ... |
| 8/29/2016 - Gazpromneft-Aero, operator of the Gazprom Neft aviation refuelling business, has completed its acquisition of a 100-percent holding in Chukotaerosbit LLC, an enterprise involved in aviation refuelling... |
| 8/23/2016 - AIM-listed Urals Energy, the independent exploration and production company with operations in Russia, has agreed to purchase the entire share capital of Arctic Oil Company ('ANK') from ArcticMorNefte... |
| 8/16/2016 - Russian Prime Minister Dmitry Medvedev has postponed the privatization of mid-sized oil producer Bashneft, his spokeswoman said, a decision she said was approved by President Vladimir Putin. ... |
| 8/2/2016 - Skyland Petroleum has executed a binding share purchase agreement with a private Russian company for the purchase of a producing oil and gas asset located in Eastern Siberia. ... |
| 7/11/2016 - Russia's largest oil producer Rosneft may consider taking part in the privatisation of smaller rival Bashneft once the government defines the rules of the sale, a Rosneft spokesman told Reuters on Mon... |
