Russia

Safmar bought 2% of Tatneft’s shares on stock exchanges in 2017

The industrial and financial group Safmar of Mikhail Gutseriev acquired a 2% stake in Tatneft over a year, the Interfax reports.

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Russia actively develops solar energy industry

The purpose of solar power plants is in the conversion of thermal energy into electricity. In Russia, there are 10 solar power stations, 57 are at the design and development stage.

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Since the beginning of the year, Gazprom increased gas production by 16% to 405.5 bln cubic meters

In the period from January 1 to November 15, 2017, Gazprom increased its gas production by 16% compared to the same period last year to 405.5 billion cubic meters, the gas holding company informs.<

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Russian Coal increases mining in the Keasnoyarsk region

Over the first 10 months of this year, more than 11.4 million tons of coal were produced at open pits of Russian Coal - a company that is part of the industrial and financial group Safmar, owned by

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ACRA: steel production in Russia may exceed 74 mln tons in 5 years

According to the forecast of the Analytical Credit Rating Agency (ACRA), by 2022 the annual steel production in Russia can exceed 74 million tons.

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In the first 9 months, Rosneft increased capital investments in processing by 21%

Rosneft increased its capital expenditures for the refining, commerce and logistics segment by 27% in the first nine months of 2017.

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In the first three quarters, Vysochaishy’s net profit was 2.3 bln rubles

In January-September 2017, Vysochaishy made the net profit in the amount of 2.3 billion rubles. This is reported in the company’s report under for January-September 2017.

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In 2018, Rosneft to supply about 12 mln tons of oil to CEFC

The Rosneft’s Board of Directors has approved the supply about 12 million tons of crude oil to the Chinese energy company CEFC in 2018, the Reuters reports, citing its informed Chinese source

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"Susumanzoloto" to receive the first Verkhne-Aliyinsk ingot in May 2018.

CJSC "Omchak" (part of "Susumanzoloto") intends to cast the first gold ingot from the Verkhne-Alinsk deposit in Transbaikalia in May 2018, the governor of the Trans-Baikal Regio

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Vitaly Nesis: Silver to rise in price

General director of Polymetal Vitaly Nesis has said that over time the price of silver will grow. Then it will be much more difficult to predict the future value of gold.

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