Bashneft

AFK Sistema to appeal to Supreme Court against seizure of assets

The Ural District Arbitration Court dismissed the appeal of Sistema and Sistema-Invest against the decision of the Arbitration Court of Bashkortostan regarding the seizure of the property of the co

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In January-September Rosneft reduced oil production by 0.5% to 140.8 million tons

In January-September 2017 Rosneft reduced oil production by 0.5% compared to the same period last year - to 140.781 million tonnes.

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Rosneft retains leadership in gas production.

In January-September 2017 Rosneft increased gas production by 2.6% in annual terms to 35.27 bcm, according to the Central Dispatch Office of the Fuel and Energy Complex.

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JV of Rosneft and LUKOIL halve production due to deal with OPEC

In September Rosneft decided to halve production at the Trebs and Titov fields, which a year ago it received together with Bashneft. The company explains this by a deal with OPEC.

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Bashneft launches 3D seismic survey in Myanmar - Deputy Energy Minister

Bashneft, which won a tender for the EP-4 block in Myanmar in 2013, began 3D seismic work, the Deputy Minister of Energy of the country Yu Tan Ming said on the sidelines of the Russian-Myanmar inte

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Ufaorgsintez resumes production of polypropylene after planned repair

Ufaorgsintez (petrochemical assets of Bashneft) has resumed the production of polypropylene after scheduled repairs.

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Ufaorgsintez stops production of polypropylene

Ufaorgsintez (petrochemical asset of Bashneft, controlled by Rosneft) stopped the production of polypropylene for scheduled preventive maintenance.

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Rosneft ready to participate in organization of loans to Sistema for payment of claim

Rosneft is ready to participate in the organization of loans for AFK Sistema, so that it could execute the court decision and pay 136.3 billion rubles, said Igor Sechin, the chief executive officer

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"Rosneft" does not expect to receive a stake in Sistema's assets for a claim of 170.6 billion roubles.

Rosneft did not plan to receive shares in Sistema's assets, the sole purpose of the plaintiffs was to get paid on the claims, Igor Sechin, the head of Rosneft, stated in an interview with Rossi

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Bashneft to engage in extension of the Islamovskoye oil field development

The Kazan branch of the Russian Directorate-General for State Environmental Review has issued a positive conclusion following the consideration of the design documentation and results of the engine

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
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