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Rosneft leaves project of Pechora LNG

The state-owned company Rosneft has given control in the Pechora LNG project to structures of its former owner Dmitry Bosov, explaining with "the lack of prospects for development

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Lukoil announces start of buyback program

Lukoil starts a program for the buyback of the company's shares, including shares in the form of depositary receipts on the open market for a total of up to $3 billion, the company said.

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UGMK increases its share in Chelyabinsk zinc plant

The main package of shares remains in the Dutch offshore.
Ural mining and metallurgical company (UGMK) has increased its stake in Chelyabinsk zinc plant.

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The Supervisory Board of Alrosa recommends dividends of 5.93 roubles.

According to the results of the first half of 2018 the Supervisory Board of JSC "Alrosa" recommended, paying dividends of 5.93 rubles per share, the register closes on Oct

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Shareholders of LUKOIL approve the repayment of 11.82% of the company's treasury shares.

The shareholders of LUKOIL at the extraordinary meeting approved the repayment of 100.6 million treasury shares with a view to reducing the authorized capital of the company, the pr

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Rosneft may lose the American oil refinery received as collateral from Venezuela.

While Venezuela is plunging deeper into economic collapse, Russia has problems with the assets received for maintaining the country afloat in recent years.

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TMK may announce buyback

TMK hasn’t ruled out the possibility of an offer to shareholders in the medium term, deputy general director of the company Vladimir Shmatovich said during a conference call for investors.

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UBS expects Rosneft's dividends for 2018 at 34 rubles per share

Analysts of the Swiss UBS expect that by the results of 2018, Rosneft's dividends will amount to 34 rubles per share, which implies a dividend yield of 8% compared with the average 6% of compet

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Glencore expects that deal on purchase of 14.16% of Rosneft’s shares by QIA to be closed in H2

Swiss trading company Glencore has expected closing of a transaction for acquisition by Qatar investment fund Qatar Investment Authority (QIA) of 14.16% of Rosneft’s shares, owned by the cons

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