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Alrosa to close deal on Kristall at the end of 2018 - beginning of 2019

The Russian Finance Ministry would like to close the deal on the purchase of the largest cut diamond producer in Russia, Kristall, by the diamond mining company Alrosa at the end of this year, but

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Glencore closes deal on sale of Rosneft's shares to QIA

Consortium of Swiss oil trader Glencore and Qatari Fund Qatar Investment Authority (QIA) has closed the sale of 14.16% of Rosneft's shares to a structure of QIA, it is said in the

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Oil companies to benefit from stable combination of expensive oil and weak ruble

Last Friday, the main Russian stock indices of the Moscow Exchange (+0.05%) and RTS (-0.37%) finished trading with a moderate mixed deviation in relation to the levels of the previous

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Sberbank secures a footing in New Stream.

The Group's lender strengthened control over the Antipinsk oil refinery.

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Polymetal issues new shares for its option programme

Polymetal Int (consolidates the assets of Polymetal) has issued new shares under the performance share plan (PSP), the company said.

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