Finance

In Q1, net profit of Gazpromneft’s and Novatek’s joint venture fell by 22.1% to 1.5 bln rubles

In January-March 2018, Nortgaz, a joint venture of Gazpromneft and Novatek, made the net profit in the amount of 1.474 billion rubles, which is by 22.1% less than the net profit over the same perio

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In Q1, Gazpromneft’s net profit grew by 12.4% to 69.7 bln rubles

In the first quarter of 2018, Gazpromneft increased its net profit under IAS by 12.4% compared to the same period in 2017. It amounted to 69.665 billion rubles, the company informed.

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In Q1, Gazprom’s net profit grew by 11.4% to 371.623 bln rubles

In the first quarter of 2018, the Gazprom's net profit under IAS attributable to shareholders increased by 11.4% compared to the same period in 2017.

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RusHydro to receive 13 bln rubles for power transmission lines in Chukotka

Prime Minister Dmitry Medvedev has signed an order on capitalization of RusHydro for 13 billion rubles. The corresponding order of May 25 was published on the Government website.

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90% of Ukrnafta’s accounts receivable belong to bankrupt companies

90% of Ukrnafta’s accounts receivable belong to bankrupt companies.  On May 29, 2018 this was announced by chairman of the Office of Large Taxpayers E. Bambizov.

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Lukoil to start buyback of its shares from market

Lukoil intends to launch a program of repurchase of its own shares (buy back) in the second half of this year. The TASS reported this on Tuesday with reference to a top manager of the company.

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In Q1, Polyus’ net profit fell 2.1 times to 13.8 bln rubles

In the first quarter of 2018, the net profit of the gold mining company Polyus under IAS decreased 2.1 times in annual terms to 13.8 billion rubles, it follows from the company's statements.

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Alexei Mordashov prepare his Nordgold for new M&A

As the Kommersant has found out, gold mining company Nordgold of Alexei Mordashov can exchange its mines in Africa, bringing it two-thirds of the revenue, for money and shares of working in the reg

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In Q1, Gazpromneft’s net profit grew by 12.4% to 69.7 bln rubles

In the first quarter of 2018, Gazpromneft increased its net profit under IAS by 12.4% compared to the same period in 2017. It amounted to 69.665 billion rubles, the company informed.

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Polyus attracts $70 mln from ING Bank

Polyus-Krasnoyarsk has attracted a loan from ING Bank (a branch of ING-DIBA AG) in the amount of $70 million for a period of not more than 5 years, it follows from the message of Polyus.

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