Russneft

Russneft reduced net profit under RAS by 5.4 times to 13.8 bln roubles in 2016

Russneft reduced its net profit under RAS by 5.4 times to 13.844 bln roubles in 2016, the company reports.

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Russneft increased capital investment by 3.3 times to 1.6 bln roubles in January-February 2017

On the results of January-February 2017 Russneft spent 1.64 bln roubles of capital investment into the construction of infrastructure at the deposits, that is by 3.3 times higher than in January-Fe

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Russneft engages significant reserves of non-traditional oil of Bazhenov Suite into industrial development

Russneft has started a pilot project of construction of wells at the Mid-Shapshinsky deposit at the bed referred to the Bazhenov Suite.

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Russneft has launched a pilot project on the development of the Bazhenov Suite

Russneft has launched a pilot project on the construction of wells at the Sredne-Shapshinsky deposit at the bed referred to the Bazhenov Suite.

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Russneft might increase oil extraction by 2.5% in 2017 to 7.2 mln tons

Russneft might increase oil extraction by 2.5% in 2017 to 7.2 mln tons against 2016 in case of the recovery of the demand and offer balance in the world market.

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RussNeft increased capital investment into infrastructure construction by 4.6 times in January

On the results of January 2017 Russneft spent 1.095 bln roubles for the construction of the infrastructure of deposits, which is by 4.6 times higher than in January 2016.

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In January Russneft reduced extraction by 30 thousand tons by the agreement with OPEC –Gutseriev

By the agreement of Russia with OPEC Russneft reduced oil extraction by 30 thousand barrels in January 2017. In 2017 it plans to reduce by 300 thousand barrels, the head of Russneft, M.

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Russneft excluded Neftisa from list of affiliated entities

Russneft, controlled by the family of Gutseriev, has excluded oil company Neftisa from the list of affiliated entities. This was reported by Russneft.

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Russneft has extended 2 licenses for extraction in Saratov region

Russneft has extended 2 licenses for exploration and extraction of mineral reserves at the Perelyubsky and Krasnoarmeysky districts in Saratov region.

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Russneft is the leader on oil extraction growth rates for the second month straight

Russneft improves its results for the 5th month straight.

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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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