Finance

Gazprom to increase its share in joint venture with Petrovietnam to 61.8%

Gazprom’s Board of Directors has agreed on increasing the percentage of Gazpromviet, a joint venture with Vietnamese oil company Petrovietnam, from 51 to 61.76%, as it follows from the materi

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Rosselkhozbank gives Gazprom Neft loan of 36 billion rubles

Rosselkhozbank issued a loan of 36 billion rubles to Gazprom Neft, the oil company said. The loan, issued by Rosselkhozbank, is for five years - until March 31, 2023.

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Rostec may exchange 25% in Sukhoi Log for Polyus’ shares

State-owned corporation Rostec has planned to exchange a share in the project of the largest undeveloped gold deposit in Russia Sukhoi Log for shares of Polyus, head of Rostec Sergei Chemezov told

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Turkish Stream bends round disagreements, but conflict of Gazprom and Botas may resume soon

Gazprom will still pay Turkish Botas $1 billion in the form of a discount on gas supplied in 2015-2016, which will be provided retroactively and thus settle the dispute of the companies in arbitrat

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EastRussia Bulletin: Gazprom and SIBUR agree on supplies of ethane in the Priamurye cluster.

Gazprom and SIBUR concluded the main contract for the supply of ethane from the Amur Gas Processing Plant (the Gazprom project as part of gas supplies to China via the Power of Siberia pipeline) at

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HGM’s shareholders approve purchase pf Chukptka’s assets and dividends by shares

The shareholders of British Highland Gold Mining (HGM), which produces gold in Russia, have approved acquisition of 100% in three companies owning gold mining his  partners, as it follows from

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Kolmar plans to invest about 138 bln rubles in projects in the Far East

In the period of up to 2021, Kolmar plans to invest about 138 billion rubles in projects in the Republic of Sakha (Yakutia) and Khabarovsk region.

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Moody's raises rating of Evraz to Ba2

Moody's raised the corporate rating of the transnational company Evraz to Ba2 from Ba3, the agency said.

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Rosneft to receive 400 bln rubles from VEB

Rosneft has signed with a strategic agreement VEB and VEB-Leasing for financing of projects and provision of services of leasing, leaseback and rental property.

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Norilsk Nickel may allocate 96.2 bln rubles for final dividends for 2017

Norilsk Nickel’s Board of Directors has recommended that shareholders approve final dividends for 2017 in the amount of 607.98 rubles, or $9.87 (at the Central Bank's exchange rate as of

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