Russneft

Russneft extends licenses for 7 oil and gas sites in Ulyanovsk region

Federal Agency on Subsoil Usage has extended licenses of Russneft on use of mineral resources at seven oil and gas areas in the Ulyanovsk region - Birlinsky, Novospassky, Rudnevsky, Pravdinsky, Fil

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Russneft launches new gas pipeline in the Khanty-Mansiysk autonomous district

Russneft has launched a gas pipeline from the Tagrinskoye field to compressor station of Varieganskaya. The company announced this on July 16, 2018.

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M. Gutseriev elected Chairman of RussNeft's Board of Directors

At the meeting on June 22, 2018 the Board of Directors of RussNeft elected M. Gutseriev as its chairman. This was announced by RussNeft on June 25, 2018.

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Russneft expects gas production growth at the level of 9-14% in 2018

Russneft has predicted growth of gas production in 2018 at the level of 9.1-13.6% compared to last year to 2.4-2.5 billion cubic meters, president of the company Evgeny Tolochek states.

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Russneft can pay dividends on ordinary shares for 2019

Russneft, while maintaining the current macroeconomic situation, can pay dividends on ordinary shares on results of 2019. This was reported by the company’s president E. Tolochek.

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RussNeft supports increase in quotas for oil production within OPEC+

Russneft is in favor of continuing the OPEC agreement with independent oil producers to reduce oil production (the OPEC+ deal), while production quotas under the agreement should be increased.

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Neftegazholding and Novatek were leaders of oil production reduction within OPEC+ deal in May

Neftegazholding (previously - Independent Oil and Gas Company, NNK) of Eduard Khudainatov and Novatek most reduced the volume of oil production in May 2018 compared to the level of October 2016 in

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In January-May, Rosneft increased oil production by 1% to 78.6 mln tons

In January-May 2018, Rosneft increased oil production by 1% compared with the figure in the same period last year to 78.614 million tons.

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Russneft’s dividends may be $40 mln

Russneft can direct $40 million to pay dividends on "preferred shares" for 2017, as in 2016.

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Russneft may allocate $40 mln for payment of dividends for preferred shares for 2017

Management of Russneft has prepared a proposal to the company’s Board of Directors to pay dividends on results of the company's activities in 2017.

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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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