Bashneft

Rosneft reports production growth in 2019

In 2019, Rosneft increased oil production by 0.5% compared with the previous year to 195.113 million tons.

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Rosneft denies data on decline in production and dividends of Bashneft

Rosneft has denied data on the decline in the production and dividends of Bashneft after change of ownership. This is stated in the message of the company.

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Bashneft's net profit decreases by 28.2% within nine months.

In January-September 2019 Bashneft's net profit under RAS decreased by 28.2% compared to the same period last year. It amounted to 54.094 billion roubles.

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New well clusters are being prepared for operation at Arlanskoye field of Bashneft

Design documentation and results of engineering surveys on arrangement of well clusters at the Arlanskoye oil field in the Krasnokamsky district of Bashkortostan have been considered.

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Ufaneftekhim to increase degree of desalination and dehydration of oil

Moscow company VDK will supply a system of input and dosing of washing water and water-alkaline solution S-Mix DS to Bashneft-Ufaneftekhim refinery for pilot tests.

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Former head of RN-Yuganskneftegaz Khasan Tatriev was appointed President of Bashneft

The former head of RN-Yuganskneftegaz (a subsidiary of Rosneft) Khasan Tatriev has been appointed the new president of Bashneft (a member of Rosneft), Bashneft said in a statement.

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In January - August, oil production in Russia increased by 2%, gas extraction – by almost 3%

In January - August 2019, oil production in Russia increased by 1.8% compared to the same period of the previous year and amounted to 372,804 million tons.

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Net profit of Bashneft in the first half of the year increased by 6.2%

In the first six months of 2019, the net profit of Bashneft under IAS increased by 6.2% to 43.996 billion rubles, as it follows from the company's materials.

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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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Ufaorgsintez recorded a loss on sales of 96 million instead of profit a year earlier

Ufaorgsintez (petrochemical asset of Bashneft) reduced its net profit by 18% in the first six months of the year.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

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