Transneft

Transneft reorganizes and decreases its debts

Transneft has continued to actively reduce debt burden.

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Transneft expects decline in oil exports from Russia in 2019

Transneft expects a decrease in oil exports from Russia through pipeline system in 2019 by 1% compared to the previous year to 228.3 million tons, vice-president of Transneft Sergei Andronov told r

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Transneft spent 258.6 billion rubles on financing of new projects in 2018

Transneft has allocated 258.6 billion rubles to finance new projects in 2018, the company said. As noted in Transneft, the capital investments in 2018 amounted to 213.3 billion rubles.

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Transneft Verkhnyaya Volga completes work on the replacement of electric motors of pumping units at OPS Dubniki and Kilemar.

Transneft-Verkhnyaya Volga had completed work on the replacement of electric motors of main and supporting pumping units at oil pumping stations (PS) of Dubniki and Kilemara of the Republic of Mari

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Transneft Verkhnyaya Volga upgrades its power supply system at Starolikeevo LDPS.

Transneft Verkhnyaya Volga upgraded the power supply system at Starolikeevo LDPS.

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Transneft expects increase in oil production in 2019

Transneft estimates an increase in oil production at 2 million tons in 2019. This was said in an interview with the channel "Russia 24" by head of the company Nikolai Tokarev.

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Parliament building considers standardization of Transneft’s tariffs

Russian Government has thought about setting benchmark tariffs for oil pumping by analogy with the tariff for gas transportation, the size of which market participants and officials continue to arg

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Rosneft is reproached for desire to become Gazprom

Pipeline monopoly Transneft has made a number of high-profile claims to its largest consumer – the state-owned company Rosneft.

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Transneft demands Rosneft to compensate for loss of 1.5 bln rubles

Transneft intends to officially demand from Rosneft compensation for losses in the amount of 1.5 billion rubles for the downtime of branch from the ESPO pipeline to the Komsomolsk refinery.

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Transneft plans to start buyback of shares in 2019

Transneft plans to launch a buyback program in 2019, the head of the company Nikolay Tokarev told reporters.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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