Russia Oil and Gas

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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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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Gazprom solves problems with quality of gas, supplying to Europe

Gazprom has resolved the problem with the quality of gas, supplying via the Yamal-Europe gas pipeline to Poland and Germany, the deputy chairman of the Gazprom's Board Alexander Medvedev told t

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Russian oil and gas companies prepare projects, aimed at increasing raw materials to markets of the Asia-Pacific region

Along with projects for the production of hydrocarbons in the east of Russia, ambitious infrastructure projects are being prepared, aimed at realizing the export of domestic raw materials to foreig

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Lukoil not to take part in auction for the Erginskoye field

Lukoil won’t participate in the auction for the Erginskoye field because of its economic inefficiency. This was announced by head of the company Vagit Alekperov.

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