Russneft

Russneft expects growth in EBITDA to 50 bln rubles on results of 2018

On results of 2018, the EBITDA of Russneft could increase to 50 billion rubles. This forecast was given by president of Russneft Evgeny Tolochek in the corporate newspaper.

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In H1, Russneft's net profit fell 1.8 times

In the first six months of the current year, the net profit of Russneft under IAS decreased 1.8 times compared to the same period of the previous year.

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Russneft sells its subsidiary in Belarus

In July 2018, Russneft sold 100% of its Belarusian trading subsidiary Slavneftekhim. This was reported by the company on August 28, 2018.

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In July 2018 KhMAD produces a record amount of oil.

In the 1st time in recent years oil production in the Khanty-Mansiysk Autonomous District (KhMAD) had exceeded the figures of the previous year for the month, S.

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In July, Gazpromneft and Russneft restored oil production to level of October 2016

In July 2018, Gazpromneft and Russneft restored oil production to the level of October 2016, which is the basic level in the framework of the agreement between Russia and OPEC to reduce the oil pro

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In H1, Russneft’s net profit grew 2.3 times to 7.9 bln rubles

In the first six months of the current year, the net profit of Russneft under RAS increased 2.3 times compared to the same period in 2017.

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Russneft extends licenses for 7 oil and gas sites in Ulyanovsk region

Federal Agency on Subsoil Usage has extended licenses of Russneft on use of mineral resources at seven oil and gas areas in the Ulyanovsk region - Birlinsky, Novospassky, Rudnevsky, Pravdinsky, Fil

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Russneft launches new gas pipeline in the Khanty-Mansiysk autonomous district

Russneft has launched a gas pipeline from the Tagrinskoye field to compressor station of Varieganskaya. The company announced this on July 16, 2018.

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M. Gutseriev elected Chairman of RussNeft's Board of Directors

At the meeting on June 22, 2018 the Board of Directors of RussNeft elected M. Gutseriev as its chairman. This was announced by RussNeft on June 25, 2018.

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Russneft expects gas production growth at the level of 9-14% in 2018

Russneft has predicted growth of gas production in 2018 at the level of 9.1-13.6% compared to last year to 2.4-2.5 billion cubic meters, president of the company Evgeny Tolochek states.

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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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