Russneft

Operational drilling and testing of wells helps RussNeft to increase oil reserves by 25.8 million tons.

According to the results of H1 2017, RussNeft increased oil reserves in the amount of 25.8 million tons, the press service of RussNeft announced on June 21, 2017.

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Russneft invests 4.2 billion roubles into drilling and pipeline construction within 5 months.

The oil company Russneft, controlled by the family of businessman Mikhail Gutseriev, invested 4,170 billion roubles in the construction of infrastructure at the fields within five months of 2017, w

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NNK, Novatek and Russneft are leaders on reduction of oil extraction by the deal with OPEC

NNK, Novatek and Russneft are the leaders on the reduction of oil extraction by the deal with OPEC in May 2017 against the level of October 2016, the Central Dispatch Management of the Fuel and Ene

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Russian Railways states the decrease in oil transportation by rail.

Russian Railways is losing revenue from the transportation of oil cargo. Within 2014-2016 their transportation decreased by 8%.

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Russneft plans to allocate $40 mln for dividends for 2016

The Russneft’s Board of Directors has recommended paying dividends for 2016 on preference shares at the rate of $0.40803 per share to the amount of $40 million, the company reports.

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Russneft supports prolongation of Vienna agreement on oil production

Russneft has supported the proposal to extend the terms of the agreement on oil production.

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Russneft tripled capital investment in January-April 2017

On the results of January-April 2017 Russneft’s capital investment made up 4.014 bln roubles, which is by 3.2 times higher than in January-April 2016.

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Since the beginning of this year, Rosneft reduced oil production by 0.4%

In January-April 2017, Rosneft reduced its oil production by 0.4% compared to the same period last year to 61.9 million tons, the Bulletin of the Central Dispatch Department of the Fuel and Energy

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Russneft reduced oil extraction by 560 tons a day by the deal with OPEC

By mid April Russneft has executed its obligations on the reduction of oil extraction in the framework of the agreement of Russia with OPEC and non-OPEC, the company reports.

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Russneft has fulfilled its obligation on reduction in oil production

Russneft fulfilled its obligations to reduce the oil production within the framework of the agreement between the Russian Federation, the OPEC member countries and non-OPEC states, acceded to this

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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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