Financials and Investment News in Russia

EU Extends Economic Sanctions on Russia
6/23/2015 - European Union foreign ministers extended broad economic sanctions on Russia until the end of January 2016, a move designed to give the bloc time to gauge if the Kremlin will fully implement its side ...
Gazprom & UniCredit Bank Austria Sign Agreement Worth EUR 300 million
6/19/2015 - Gazprom and UniCredit Bank Austria signed a EUR 300 million credit agreement for a four-year term. The document was inked today within the St. Petersburg International Economic Forum 2015. ...
Rosneft Repaid Two Syndicated Loans of the Former TNK- BP Group
5/29/2015 - Rosneft delivered a payment to the group of international banks repaying two syndicated loans which were obtained by former TNK- BP group in 2011-2012. ...
Naftogaz Transfers $32 mln to Russia's Gazprom As Pre-Payment for Gas
5/18/2015 - Ukraine's state-run gas company Naftogaz has transferred $32 million to Russia's gas monopoly Gazprom as a further pre-payment for gas deliveries, a spokeswoman for the company said. ...
Gazprom Saves RUB 7 billion on Lower Gas, Heat & Power Consumption
4/20/2015 - A meeting of the Gazprom Coordinating Committee for Environmental Protection and Energy Efficiency took place at the Gazprom headquarters under the chairmanship of Vitaly Markelov, Deputy Chairman of ...
Rosneft & the Federal Anti-Monopoly Service Agreed on Price Formation Principles
3/27/2015 - Rosneft and the Federal Anti-Monopoly Service of Russia have agreed the Standard regulating price formation principles and procedures for motor fuel sales on the local market of the Russian Federation...
SIBUR Board of Directors Approves the 2015 CAPEX Plan
3/26/2015 - SIBUR Board of Directors approved the Company's 2015 CAPEX plan of RUB 64.7 bn. ...
ExxonMobil Asks Russia to Repay Taxes
3/18/2015 - U.S. oil and gas major ExxonMobil has asked the Russian government to reimburse taxes worth 'several billion roubles' it says it overpaid on a project in the far east of Russia, the Kommersant daily r...
Russia Gets $15 Mln Gas Payment from Ukraine
3/5/2015 - Russian gas exporter Gazprom said it had received a $15 million prepayment from Ukrainian state energy firm Naftogaz, averting a possible cut in supply, at least for a few days. ...
Cherepovets Steel Mill Reduces Operational Costs By 6.5 billion Rubles
2/19/2015 - The Cherepovets Steel Mill, part of the Russian Steel division of PAO Severstal, one of the world’s leading steel and steel-related mining companies, and one of the world’s largest integrated steel m...
Rosneft Early Repays Part of a Loan Arranged for TNK-BP Acquisition
2/12/2015 - Rosneft announces it regularly repaid part of a loan obtained to finance the acquisition of TNK-BP. On February, 11 the Company paid to lenders USD 7.154 bln. ...
Gazprom & Intesa Sanpaolo Group Sign Agreement Worth EUR 350 million
1/22/2015 - Gazprom and Intesa Sanpaolo Group signed in Milan a loan agreement worth EUR 350 million. ...
Sberbank CIB Opens Rub 42b Credit Line for SIBUR
12/9/2014 - SIBUR and Sberbank CIB have signed a five-year non-revolving credit facility agreement for RUB 42 bn. The funds are to be used for general corporate purposes. ...
Extraordinary General Shareholders Meeting of Lukoil
10/27/2014 - A Board of Directors meeting of OAO LUKOIL was held to set the date of the 2014 Extraordinary General Shareholder Meeting. ...
Gazprom Looks at Possible Cooperation with Major Chinese Bank ICBC
10/14/2014 - The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Jiang Jianqing, Chairman of the Board of Directors, Executive Director of In...
Novatek Says Sanctions Strain Funding for Yamal LNG
7/31/2014 - Western sanctions will force foreign shareholders to dig deeper in their pockets to fund Russia's Yamal LNG project, key for Moscow's plans to carve out a greater share of the frozen sea-borne gas mar...
BP Warns of Possible Sanctions Impact
7/29/2014 - Oil and gas producer BP reported a sharp rise in second quarter profits but warned that further Western sanctions on Russia could harm its business there and its relationship with Russian state oil co...
New Sanctions on Russia over Ukraine by EU & U.S.
7/29/2014 - The European Union and the United States on Tuesday announced further sanctions against Russia, targeting its energy, banking and defense sectors in the strongest international action yet over Moscow'...
Court Orders Russia to Pay $50b for Seizing Yukos Assets
7/28/2014 - An international arbitration court ruled on Monday that Russia must pay $50 billion (£29.44 billion) for expropriating the assets of Yukos, the former oil giant whose ex-owner Mikhail Khodorkovsky fel...
Regarding Rulings of Arbitrations in Hague
7/28/2014 - Rosneft takes note of the rulings in related arbitrations brought by the former majority shareholders of Yukos Oil Company against the Russian Federation pursuant to the Energy Charter Treaty. ...

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