Bashneft

Contractors are guilty in July explosion at Bashneft-Ufaneftekhim

The Federal Environmental, Industrial and Nuclear Supervision Service has completed the investigation of the causes of the fire and explosion that took place at the Bashneft-Ufaneftekhim refinery o

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Rustem Khamitov: Rosneft to open new opportunities and markets for Bashkiria

Bashkortostan has acquired a powerful ally in  Rosneft, the arrival of a "world-class company" will open for the republic "new opportunities and new markets," - The Bashkir

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Rosneft not to have to sell very many filling stations after purchase of Bashneft

The Federal Antimonopoly Service (FAS) will order Rosneft to sell a small number of filling stations because of the purchase of Bashneft, the FAS’s deputy head Anatoly Golomolzin told journal

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CEO Glencore may enter the board of directors of Rosneft.

Representatives of Glencore and the Qatar Investment Authority (QIA) were nominated to the board of Rosneft, the largest state oil company of the Russian Federation, the Vedomosti reports citing tw

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Rosneft reduced oil extraction in January-February 2017 by 1.3% to 30.5 mln tons

In January-February 2017 Rosneft reduced oil extraction by 1.3% against January-February 2016 to 30.543 mln tons, the Central Dispatch Management of the Fuel and Energy sector reports.

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At the end of the offer Rosneft increases its stake in Bashneft up to 69.3%.

Rosneft acquired over 13 thousand shares of Bashneft under the mandatory offer.

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“Bashneft” reduced revenue and net income in 2016

Financial results of “Bashneft” under Russian and International standards worsened. Income under IFRS for 2016 decreased by almost 13%, under RAS – by almost 14%.

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Rosneft buys out BP's stake in three German refineries for $1.52 billion.

Rosneft has bought out BP's stake in German refineries as part of the dissolution of the joint venture Ruhr Oel GmbH (ROG) for 1.52 billion US dollars, according to the company's annual IFR

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Bashneft reduced net profit under IAS by 9.4% in 2016 – to 52.696 bln roubles

The net profit of Bashneft in 2016 made up 52.696 bln roubles having fallen by 9.4% against 58.175 bln roubles, is said in the company’s IAS report.

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The Head of FAS: "Rosneft" is ready to sell part of its regional petrol stations.

"Rosneft" expressed its willingness to sell part of its gas stations in the regions after the privatization of "Bashneft", the head of the Federal Antimonopoly Service Igor Arte

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
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