Finance

UMMC to invest 50 billion roubles into the Podolsk field.

UMMC plans to invest 50 billion roubles into the development of the Podolsk copper-zinc deposit in the Khaibullinsk district of Bashkortostan, the press service of the republic's government rep

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Russneft promises to start paying dividends on ordinary shares

The main owner of Russneft Mikhail Gutseriev expects to start paying dividends on the company's ordinary shares after 2022. Now Russneft pays them only on preferred shares owned by Trust bank.

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Gazprom develops new dividend policy

By the end of this year, Gazprom plans to develop a new dividend policy that will allow it to reach level of dividend payment, required by the Government, by 2022.

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Gazprom prepares new placement of bonds in yen

Gazprom plans to place bonds in yen in late 2019 - early 2020, deputy chairman of Gazprom's Management Board Famil Sadygov said at the press conference.

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Lukoil’s dividends to grow by 16%

Lukoil’s final dividend will make up 155 rubles per share, which is by 19% higher than the level of payments for 2017.

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Alexander Mamut reduces his stake in Polymetal

The businessman Alexander Mamut, following his son, has reduced his share in the gold mining company Polymetal to below 5%, the company said.

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Naftogaz cannot support Ukrtransgaz, which is on the verge of bankruptcy due to multi billion debts of regional gas companies

Naftogaz of Ukraine cannot financially support Ukrtransgaz, which is in a pre-bankrupt state due to the multibillion debts to it accumulated by gas distribution system operators (regional gas compa

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Tatneft: results of 2018 and Strategy-2030

For the Tatneft Group, the year 2018 is notable for the adoption of the 2030 Strategy. It is based on the previously approved 2025 Strategy which proved effectiveness at the early stages.

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Evraz’s shareholders Roman Abramovich and partners sell 1.7% of the company's shares

The structures of Roman Abramovich, Alexander Abramov, Alexander Frolov and Evgeny Shvidler offer the market 1.7% of Evraz’s shares three months after the last SPO.

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