Finance

In 2018, Zarubezhneft increased its net profit under RAS by 27%

In 2018, net profit of Zarubezhneft increased by 27%. This was reported by the press centre of the company.

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In 2018, Kuzbass Fuel Company increased its net profit under IAS almost 3 times

In 2018, the net profit of Kuzbass Fuel Company under IAS increased 2.9 times compared to the previous year and amounted to 6,023 billion rubles, the company reported.

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In 2018, net profit of Rosneft’s and Sinopec’s joint venture under RAS grew 1.7 times

In 2018, the net profit of Udmurtneft, a joint venture of Rosneft and Chinese Sinopec, under RAS increased 1.7 times compared to the previous year and amounted to 31.104 billion rubles.

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The United States expects that Poland to become a regional gas hub.

Poland, in its efforts to get rid of the Russian “energy dependence”, plans to substantially increase the purchase of American liquefied natural gas (LNG) and become the center of its r

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Novatek to concentrate on liquefaction, being not very much interested I domestic market

Novatek has reported on growth of normalized net profit of the company last year by 49% to 232.9 billion rubles.

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Lukoil buys back 1.35 million shares for $110 million

From 11 to 15 February 2019, as part of a buyback program, Lukoil acquired 1.351 million of its ordinary shares.

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Novatek offers 10% in Arctic LNG-2 to Mitsui and Mitsubishi

Novatek has offered 10% of the Russian Arctic LNG-2 project to Japanese corporations Mitsubishi and Mitsui for two. It was reported by the Nikkei newspaper on Tuesday.

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Novatek’s revenues to reach historical maximum

This week Novatek will continue season of publication of its financial statements in the oil and gas sector.

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Polyus receives loan for $150 mln in European bank

Gold mining company Polyus entered into a loan agreement on pre-export financing with a total volume of $150 million.

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Abramovich increases share in HGM by 3.2%

The increase in the stake is due to the acquisition by the mining company of three gold assets in Chukotka from Aristus Holdings.

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