Glencore

Russneft invests 4.2 billion roubles into drilling and pipeline construction within 5 months.

The oil company Russneft, controlled by the family of businessman Mikhail Gutseriev, invested 4,170 billion roubles in the construction of infrastructure at the fields within five months of 2017, w

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The media learns about the syndication of a loan to buy 19.5% of Rosneft.

The Italian bank Intesa Sanpaolo will still syndicate a $ 5.8 billion loan that was issued to the Glencore consortium and the sovereign fund Qatar Investment Autority to buy 19.5% of the state-owne

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Fair game: Forbes has made a rating of the largest buyers of Russian oil.

The 20 participants in the rating account for almost 85% of Russian oil exports, and in 2016 it reached 254.8 million tons.

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In Q1, Glencore increased zinc production by 9%

Glencore has improved its revenue forecast for the year for its trading business.

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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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Glencore: Zhayrem and Vasilkovskoe increased their reserves

JSC “Zhayremsky GOK” increased the quality evaluation of more than 60 mln tons of ore having referred them to the reserves with zinc content of over 4%, is said in Glenore’s repor

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Glencore is the top customer of Urals oil from Rosneft

The Swiss trader Glencore has become the top customer of Urals oil from “Rosneft”. Reuters agency reports citing its own analysis of the data.

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QHS Shares Pte, created by QIA and Glencore, becomes owner of 19.5% of Rosneft’s shares

The owner of 19.5% of Rosneft’s shares has become the company QHG Shares Pte.

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Russian banks to finance the purchase of 19.5% of Rosneft along with Intesa

Russian banks will help to finance the purchase of 19.5% of the Rosneft’s shares along with the Italian bank Intesa Sanpaolo, reports the Financial Times.

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Tax privileges promised to new shareholders of Rosneft

The consortium of Qatar sovereign fund (QIA) and Glencore, which bought 19.5% of Rosneft’s shares, has succeeded in getting significant benefits from the Russian Government.

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