Finance

Lukoil to buy back 35 million shares from shareholders

Lukoil will buy back 35 million shares from shareholders.

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In Q2, net profit of En+ Group increased by 4.6% as a result of increased sales of aluminum

In the first six months of 2019, the net profit of energy metallurgical holding En+ Group under IAS decreased by 23.2% to $796 million, the company reported.

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Gazprom expects rising pipe prices.

Gazprom expects rising pipe prices in connection with the EEC decision on rental quotas.

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Gazprombank receives Mechel’s proposal on debt restructuring

Gazprombank has received Mechel's offer to restructure its debt, a representative of the bank told reporters.

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Fitch raises Gazprom's long-term rating

International rating agency Fitch has raised long-term issuer default ratings in foreign currency of Gazprom and Gazpromneft.

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Mechel's profit for the first half of the year increased 2.7 times

In the first six months of 2019, the Mechel’s profit attributable to shareholders under IAS increased 2.7 times to 12.75 billion rubles. This was reported by the company.

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Fitch increases rating of Inter RAO UES to BBB from BBB-, outlook is stable

International rating agency Fitch has raised long-term issuer default rating in foreign currency of Inter RAO UES to BBB from BBB-, the forecast is stable, it follows from the agency's press re

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Fitch raises Bashneft's credit rating

The international rating agency Fitch raised Bashneft's credit rating to BBB, with a stable outlook.

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PPGKhO reduced net loss 1.5 times in the first half of the year

In the first six months of 2019, Priargun production mining and chemical association n.a. E. P.

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Net profit of Buryatzoloto fell 43.7 times in January-June

Buryat gold mining company Buryatzoloto (part of Nordgold) has published a financial report under RAS for the first six months of 2019.

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