Oil and Gas

Oil ad gas companies of the Asia-Pacific region interested in business in the east of Russia

A number of the largest oil and gas companies and investment corporations in the Asia-Pacific region has expressed interest in discussing the opportunities for the cooperation with Russian companie

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In January-May, oil production on Sakhalin grew by 0.9%, gas – by 5.1%

In January-May, 7.9 million tons of oil, including gas condensate, were produced in the Sakhalin region. This is by 0.9% more than in the same period last year.

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In 2018, Gazprom plans to repay $11.7 bln of its debt and not to increase the amount of loans

In 2018, Gazprom plans to pay off $11.7 billion of its debt, as it follows from the company's materials.

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New membership of Rosneft’s Board reported

At the annual meeting shareholders of Rosneft elected a new Board of Directors, which included two new members - chief executive officer of Glencore plc.

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Rosneft to verify the legitimacy of the proposals of the AFK on extrajudicial settlement of the dispute.

Rosneft will verify the legitimacy of AFK Sistema's proposals on the extra-judicial settlement of the dispute, comments are premature, the head of Rosneft Igor Sechin told reporters.

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Rosneft to send $ 2.27 million to members of the Board of Directors for remuneration in 2016.

In 2016 "Rosneft" will send $ 2.27 million in remuneration for work of the members of the Board of Directors, which corresponds to the volume of remuneration for 2015.

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Rosneft plans to organize department of petrochemistry.

"Rosneft" plans to allocate a new unit in its structure- the Department of Petrochemicals, the main executive director Igor Sechin made such a statement at the meeting of shareholders on

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Rosneft to allocate 35% of its profit under IFRS for dividends.

At the annual meeting the shareholders of Rosneft had approved the payment of dividends for 2016 in the amount of 5 roubles 98 kopecks for one ordinary share, the correspondent of "Interfax&qu

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KazMunaiGas and Eni sign documents on a number of projects in Kazakhstan, including the long-awaited agreement on the Isatai block.

KazMunaiGas and Eni signed an agreement on joint exploration and production of hydrocarbons in Isatay's subsoil in the Kazakh sector of the Caspian Sea.

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Gazprom estimates construction of Turkish Stream at $6 bln

The deputy chairman of the Gazprom’s Board Andrei Kruglov estimated the cost of the Turkish Stream pipeline construction at $6 billion.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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