Russneft

In January-April, gas production in Russia decreased by 8%

In January-April 2020, gas production in Russia decreased by 8% compared to the same period of the previous year and amounted to 240.549 billion cu

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Moody's downgraded rating of Russneft to Caa1, forecast - to "negative"

International rating agency Moody's has downgraded Russneft's default rating to Caa1 from B1.

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Net profit of Russneft under RAS decreased by 46.5% in the first quarter

In the first quarter of 2020, the net profit of Russneft under RAS decreased by 46.5% year-on-year to 2.36 billion rubles, it follows from the comp

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Gas production in Russia decreased by 6% in the first quarter

According to operational summary of the Central Dispatch Department of the Fuel and Energy Sector, in the first quarter of 2020, volume of gas prod

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In March 2020, oil production in Russia decreased slightly compared to February to 1.54 million tons per day

In March 2020, average daily production of oil and gas condensate in Russia was 1.5408 million tons per day.

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Russian oil is not in a hurry to Belarus

Oil supplies from Russia to Belarus, the restoration of which was expectedfrom April 1, are again delayed.

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Russneft may adjust its investment program

Russneft (part of entrepreneur Mikhail Gutseriev'sSafmar group) may adjust its investment program for the current year due to market situation

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Fitch downgrades Russneft's rating to CCC+

Fitch Ratings has downgraded rating of Russneft, which operates primarily in Russia, from "B" / positive outlook to "CCC+". This was reported by the rating agency.

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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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