Bashneft, Oil and Gas

Lukoil considers selling a third of its petrol stations in Russia.

LUKOIL is considering the possibility of selling up to 30% of its petrol stations in Russia due to a drop in the profitability of the business.

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The Board of Directors of Bashneft to determine the amount of dividends for 2016.

The Board of Directors of Bashneft would determine the amount of dividends for 2016 based on the results of the company's work at a meeting in late March, the Prime Minister of Bashkiria, membe

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Petrol prices in Russia grow

The prices of petrol on the commodity exchange continue to grow against the background of the unplanned production cuts at the Ufa refinery, which now belongs to Rosneft.

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Bashneft’s oil refineries reduced fuel output due to repair works

The oil refinery plants of Bashneft reduced fuel production in March due to the repair works. FAS says that in early March there was a technological breakdown at the production capacities.

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Contractors are guilty in July explosion at Bashneft-Ufaneftekhim

The Federal Environmental, Industrial and Nuclear Supervision Service has completed the investigation of the causes of the fire and explosion that took place at the Bashneft-Ufaneftekhim refinery o

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Rustem Khamitov: Rosneft to open new opportunities and markets for Bashkiria

Bashkortostan has acquired a powerful ally in  Rosneft, the arrival of a "world-class company" will open for the republic "new opportunities and new markets," - The Bashkir

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Rosneft not to have to sell very many filling stations after purchase of Bashneft

The Federal Antimonopoly Service (FAS) will order Rosneft to sell a small number of filling stations because of the purchase of Bashneft, the FAS’s deputy head Anatoly Golomolzin told journal

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CEO Glencore may enter the board of directors of Rosneft.

Representatives of Glencore and the Qatar Investment Authority (QIA) were nominated to the board of Rosneft, the largest state oil company of the Russian Federation, the Vedomosti reports citing tw

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Rosneft reduced oil extraction in January-February 2017 by 1.3% to 30.5 mln tons

In January-February 2017 Rosneft reduced oil extraction by 1.3% against January-February 2016 to 30.543 mln tons, the Central Dispatch Management of the Fuel and Energy sector reports.

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At the end of the offer Rosneft increases its stake in Bashneft up to 69.3%.

Rosneft acquired over 13 thousand shares of Bashneft under the mandatory offer.

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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"
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