Finance

Rosgeologiya violates covenants on loans

As the Kommersant has got to know, Rosgeologiya reported to the Government about threat of bankruptcy of its structures due to a sharp reduction in

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In Q1, revenue of Severstal group declined by 12.5%

In the first quarter of 2020, the Severstal group's revenue under IFRS decreased by 12.5% compared to the previous year to $1.777 million (firs

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50 billion tenges of private investment can be attracted by exploration industry of Kazakhstan

A new code on subsoil has been adopted on the basis of world best practices to ensure investment attractiveness of Kazakhstan in the field of subso

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Rosneft may pay final dividends for 2019 in the amount of 18.07 rubles

Rosneft's Board of Directors has recommended that shareholders approve payment of a dividend on results of 2019 in the amount of 18 rubles 07 k

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In Q1, Polyus reduced gold production by 1%

In January-March 2020, Polyus reduced gold production by 1% to 595 thousand ounces (18.5 tons) compared to the same period in 2019, the company rep

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Naftogaz Ukrainy attracts an international investor to increase gas production at depleted fields

Naftogaz group has attracted international company Expert Petroleum to increase production of hydrocarbons at fields of Ukrgazdobycha (Western Ukra

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Decline in oil and gas revenues of the Russian budget in 2020 is expected in the range of 3-4 billion rubles

Decline in oil and gas revenues of the Russian budget in 2020 is expected in the range of 3-4 million rubles.

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Net profit of Russneft under RAS decreased by 46.5% in the first quarter

In the first quarter of 2020, the net profit of Russneft under RAS decreased by 46.5% year-on-year to 2.36 billion rubles, it follows from the comp

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In 2019, Kurilgeo produced more than 1 ton of gold

In 2019, Sakhalin mining company kurilgeo LLC earned 3.5 billion rubles from sale of precious metals, which corresponds to the indicators of 2018.

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Priisk Ust-Kara made the net profit of 554 million rubles in 2019

Gold mining company Priisk Ust-Kara, developing gold placer deposits in the Trans-Baikal territory, has published an annual financial report under

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