Surgutneftegaz

Goldman Sachs expects unprecedented growth of dividends in the Russian oil and gas sector

Goldman Sachs has revised the valuation of shares and depositary receipts of oil and gas companies in Russia, the investment bank informs in its report.

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Surgutneftegaz introduces another object of its own generation

A gas-turbine power plant with a capacity of 8 MW was set up on the basis of two gas-turbine units Ural-4000 manufactured by UEC-Aviadvigatel.

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In November, Rosneft retained lead in gas production among independent producers

In January-November 2017, Rosneft increased its gas production by 2% compared to the same period last year to 43.406 billion cubic meters, the Central Dispatch Department of the Fuel and Energy Sec

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In January-November, Rosneft reduced oil production by 0.6%

In January-November 2017, Rosneft reduced oil production by 0.6% compared to the same period last year to 172.518 million tons.

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In the first 11 months of 2017, supply of crude oil to Russian refineries for processing grew to 259.850 mln tons

In January-November 2017, the volume of oil deliveries to oil refineries increased by 0.4% compared to the same indicator in 2016 and amounted to 259.850 million tons.

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Oil companies oppose fines for failure of geological exploration deadline

The largest Russian oil companies try to prevent introduction of fines for violating the terms of geological prospecting, which the Ministry of Natural Resources suggests.

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In January-October, Rosneft reduced oil production by 0.6%

In January-October 2017, Rosneft reduced oil production by 0.6% compared to the same period last year to 156.933 million tons.

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In October, Rosneft maintains leadership in gas production among independent producers

In January-October 2017, Rosneft increased gas production by 2.2% compared to the same period last year to 39.408 billion cubic meters, this follows from the materials of the Central Dispatch Depar

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In the first 9 months, Surgutneftegaz made the net profit of over 90 bln rubles

In the first three quarters of 2016, the net profit of Surgutneftegaz amounted to 90.87 billion rubles against the loss of 2016 in the amount of 111.17 billion rubles.

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Since the beginning of the year, Surgutneftegaz increased its “financial cushion” by 72 bln rubles

As of September 30, 2017, liquid assets ("financial cushion") of Surgutneftegaz increased by 3.5% compared to the beginning of the year and amounted to 2.148 trillion rubles, this follows

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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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