Russneft

In January-September Rosneft reduced oil production by 0.5% to 140.8 million tons

In January-September 2017 Rosneft reduced oil production by 0.5% compared to the same period last year - to 140.781 million tonnes.

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Rosneft retains leadership in gas production.

In January-September 2017 Rosneft increased gas production by 2.6% in annual terms to 35.27 bcm, according to the Central Dispatch Office of the Fuel and Energy Complex.

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Russneft shareholders to elect new board of directors on November 17

Shareholders of RussNeft, a part of Mikhail Gutseriev's Safmar group, will consider early termination of the board's powers at a special meeting on November 17, the company informed.

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In 2017, oil and gas condensate production in Russia reached 364.8 mln tons

In January-August 2017, the production of oil and gas condensate in Russia increased by 0.9% compared to the same period last year and reached 364.8 million tons.

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Lukoil and Russneft may start supplying oil to Uzbekistan

Lukoil and Russneft can take part in the delivery of 500 thousand tons of Russian oil to Uzbekistan, Transneft’s vice-president Sergei Andronov said in an interview with the corporate publica

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Russneft is ready to start cooperation with Iran on the crude oil exchange.

Russneft was ready to begin cooperation with Iran to expand the Iranian oil fields. the deputy oil minister for international affairs of Iran Amirhossein Zamaniniya stated.

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In H1, Russneft increased its capital investments 1.7 times

In January-June 2017, Russneft increased its capital investments by 68% compared to the same period last year to 12.7 billion rubles, the company informs.

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In 2017, Russneft’s profit fell to 3.2 rubles

In the first six months of 2017, Russneft reduced its profit under IAS 2.9 times to 3.217 billion rubles. This is stated in the company's report.

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Russneft uses waste products to manufacture building materials

In the Year of the Environment, the oil company Russneft, owned by Mikhail Gutseriev, intends to allocate more than 200 million rubles for the protection of the environment.

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Said Gutseriev: Orsk refinery enters a new level of oil refining technology

The large-scale modernization of the Orsk refinery (part of the ForteInvest holding company), will allow to achieve processing depths of more than 85%, with light oil products output exceeding 75%.

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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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