Sinopec

Joint venture of Rosneft and Sinopec may allocate 4.2 bln rubles for final dividends for 2017

Board of Directors of Udmurtneft - a joint venture of Rosneft and Sinopec – has recommended that the final dividend for 2017 be paid in the amount of 1.16374 thousand rubles per share.

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In Q1, profit of Rosneft’s and Sinopec’s joint venture under RAS grew by 14.6% to 5.6 bln rubles

In January-March 2018, the net profit of Udmurtneft, a joint venture between Rosneft and Sinopec, according to RAS increased by 14.6% compared to the same period last year and amounted to 5.599 bil

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In Q1, Udmurtneft reduced oil production by 6.5%

In the first quarter of 2018, oil production in the Udmurt Republic amounted to 2.566 million tons. This was announced by the regional Ministry of Industry and Trade on April 26, 2018.

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In 2017, Udmurtneft’s profit fell by 4% to 21.4 bln rubles

In 2017, the net profit of Udmurtneft, a joint venture of Rosneft and Chinese Sinopec, according to IAS, declined by 4.3% compared to the previous year and amounted to 21.385 billion rubles, the co

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In 2017, profit of Rosneft’s and Sinopec’s joint venture under RAS fell by 6.9%

In 2017, the net profit of Udmurtneft, a joint venture of Rosneft and Chinese company Sinopec, under RAS, declined by 6.9% as compared to the previous year and amounted to 18.338 billion rubles.

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Joint venture of Rosneft and Sinopec to allocate 3.25 bln rubles to pay final dividends for 2016

Shareholders of Udmurtneft, a joint venture of Rosneft and Chinese Sinopec, have decided to pay the final dividends for 2016 at the rate of 912.05 rubles per share.

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Profit of JV of Rosneft and Sinopec under RAS grew by 30% to 4.88 bln roubles in Q1

The net profit of Udmurtneft, a JV Rosneft and Sinopec, under RAS in Q1 2017 rose by 30.3% to 4.886 bln roubles.
The revenue of the company in Q1 grew by 38.9% to 27.22 bln roubles.

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Profit of Udmurtneft under IAS fell by 12% in 2016 to 22.3 bln roubles

The profit of Udmurtneft, a JV of Rosneft and Sinopec, under IAS fell by 12% on the results of 2016 against 2015 to 22.34 bln roubles.

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In 2016, profit of Rosneft and Sinopec joint venture fell by 17.6%

In 2016, the net profit of Udmurtneft, which is joint venture of Rosneft and Chinese Sinopec, under RAS declined by 17.6% compared to the previous year and amounted to 19.687 billion rubles.

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