Finance

Novatek to pay shareholders 28 billion rubles of dividends

Shares of the company did not respond to the news.

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Gazprom sells 71% of the importer of Russian gas to Turkey Bosphorus Gaz

Gazprom has sold 71% of the shares of the Turkish company Bosphorus Gaz, it follows from the company's documents.

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Within nine months Gazprom increases gas production by 7.2%, exports - by 5.8%.

Within first nine months of 2018 Gazprom produced 364.3 billion cubic meters of gas, which is 7.2% more than a year earlier, the press service of the company reports.

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Oil pulls the Russian market into a plus.

The Russian stock market opens a new week and a month with growth. The MosBirzha index in the first minutes grows by 0.5% to 2,486.03 points, the RTS index rises by 0.09% to 1,193.11 points.

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The prices for petrol and diesel fuel in Russia have frozen until the end of the year.

Until the end of 2018 petrol and diesel fuel will not go up. This forecast is contained in the Central Bank's report on monetary policy.

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From gold to ports. The most profitable companies of Russia are named.

The leader of the profitability rating was the oil-loading company Ust-Luga Oil.

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USA acknowledges growth of Russian economy despite sanctions

The country's economy has been under strong pressure from several rounds of US sanctions, but this doesn’t prevent it from growing.

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ChTPZ draws tranche of syndicated credit line with 7 international banks

CHTPZ Group has reported on implementation of the option to increase (second tranche) under the syndicated loan agreement signed with the club of 6 leading international banks in December 2017.

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CPC intends to reduce debt to shareholders to $2.4 bln in 2018

The Caspian Pipeline Consortium (CPC) has intended to reduce its debt to shareholders to $2.4 billion in 2018, the company reports.

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Polymetal consolidates 100% of Saumskaya mining company, bought 20% for $7 mln

Polymetal reported on Friday that it acquired the remaining 20% stake in Saumskaya mining company, which owns a license for the Saumskoye polymetallic deposit with resources of 435 thousand ounces

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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