Finance

Saratov refinery's board of directors approves projects for 700 million rubles

The Saratov Refinery (managed by Rosneft) plans to implement a new investment project. The Board of Directors of the enterprise approved business plans at a meeting on July 30.

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In H1, Norilsk Nickel’s net profit under RAS almost doubled

In the first six months of 2018, the net profit of Norilsk Nickel under RAS increased 1.8 times compared to the same period last year to 89.33 billion rubles, the company reports.

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VTB to allocate $118.5 million for Nasedkino project

The loan will be used to build the plant on the field.

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Darasunsky mine suspends work until October

Darasunsky mine (part of Uryumkan) will suspend the operation from August 1, 2018, at least until October, the company's general director Eugene Rogalev said.

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Goldman Sachs raises forecast for Rosneft shares by 27%

The US investment bank Goldman Sachs raised the projected cost of Rosneft's global depository receipts by 27% to $9.5 per share, and changed its recommendation on the shares of the Russian oil

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Gazprom Neft's Omsk refinery confirms status of region's main taxpayer

The Office of the Federal Tax Service in the Omsk region informed which of the Omsk enterprises paid the most to the federal, regional and city budgets.

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In January-June 2018, Tatneft’s profit under RAS grew by 63%

In January-June 2018, the net profit of Tatneft under RAS increased by 63% and amounted to 93.898 billion rubles, as it follows from the report of the company.

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Dvorkovich explains why the prices for petrol rose sharply.

The former vice-premier sees the reason in the "change in government".

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S&P raises Alrosa’s rating to investment level of BBB-

International rating Agency S&P has raised Alrosa’s long-term credit rating to the investment level of BBB- from the speculative BB+, the forecast is stable, the agency reports.

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In H1 2018, ChTPZ’s net profit under RAS was 6.9 bln rubles

In the first six months of 2018, the net profit of ChTPZ under RAS amounted to 6.93 billion rubles against the loss in the amount of 864.75 million rubles in the first six months of 2017, it follow

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