Bashneft

In January - August, oil production in Russia increased by 2%, gas extraction – by almost 3%

In January - August 2019, oil production in Russia increased by 1.8% compared to the same period of the previous year and amounted to 372,804 million tons.

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Net profit of Bashneft in the first half of the year increased by 6.2%

In the first six months of 2019, the net profit of Bashneft under IAS increased by 6.2% to 43.996 billion rubles, as it follows from the company's materials.

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Fitch raises Bashneft's credit rating

The international rating agency Fitch raised Bashneft's credit rating to BBB, with a stable outlook.

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Ufaorgsintez recorded a loss on sales of 96 million instead of profit a year earlier

Ufaorgsintez (petrochemical asset of Bashneft) reduced its net profit by 18% in the first six months of the year.

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First stage of seismic exploration at Kabakov gas field in Bashkiria begins

OJSC Krasnodarneftegeofizika (part of the state holding company Rosgeologiya) began work at the Kabakov license area in the Republic of Bashkortostan.

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Lukoil defends tariff on Varandey

Lukoil has managed to achieve in court of cancellation of a decision of FAS, which accused the company’s structure "Varandey terminal" in inflating of handling price.

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In the first 7 months, oil production in Russia grew by 2%

In January-July 2019, volume of oil and gas condensate production in Russia increased by 2% compared to the same period in 2018 and amounted to 325.01 million tons, according to operational report

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Bashneft buys controlling stake in Sterlitamak catalyst plant

Bashneft received 51% of the authorized capital of the Sterlitamak LLC RN-cat, specializing in the production of catalysts. According to kartoteka.ru, the deal was closed on June 18.

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Russian FAS: oil companies have fulfilled plan for petrol by 680 thousand tons less, for diesel fuel - by 900 thousand tons less

Russian oil companies didn’t fulfill their plans for production of petrol and diesel fuel in the first six months of the year.

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Oil and gas giants of Russia to pay $22 billion in dividends

The largest oil and gas corporations of the Russian Federation will have to pay the amount of 1 396 trillion rubles or $22.1 billion as dividends for the past 2018.

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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"
Telephone: +7 927 303 00 25

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