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Russia

Russia
2016, August, 31, 18:30:00

LETTERONE IS LOOKING

LetterOne, Russian billionaire Mikhail Fridman's investment vehicle, is looking at acquisitions in renewable energy and oil assets in the North Sea outside of Britain, its executive chairman John Browne told.

Russia
2016, August, 30, 18:35:00

GAZPROM'S PROFIT DOWN 10%

Profit attributable to the owners of PJSC Gazprom for the six months ended June 30, 2016 totaled RUB 607,160 million which is RUB 68,744 million, or 10% less than for the same period of the prior year.

Russia
2016, August, 30, 18:30:00

LUKOIL PROFIT DOWN 2%

Russia's No.2 oil producer Lukoil (LKOH.MM) second-quarter net profit dipped 2 percent, as a weaker rouble helped offset a 30 percent fall in crude prices that has gouged the earnings of many of its peers.

Russia
2016, August, 26, 18:30:00

BULGARIA'S GAS HAB

Bulgaria’s prime minister Boyko Borisov proposed the gas hub, to be built near the city of Varna, days after Russia scrapped the Gazprom-led South Stream pipeline project over objections from the EC, suggesting a different idea of what a hub is from the conventional, virtual trading point such as the Dutch title transfer facility.

Russia
2016, August, 24, 18:40:00

IRAN MIGHT COOPERATE

Iran sent a letter to members of the Organization of the Petroleum Exporting Countries saying it would attend the group’s informal talks in Algeria in September, OPEC delegates told The Wall Street Journal. An Iranian oil-ministry press official couldn’t confirm the letter had been sent late Tuesday.

Russia
2016, August, 24, 18:30:00

WESTERN SANCTIONS FOR GAZPROM

The Western sanctions have left Gazprom largely unaffected, including with respect to the execution and extension of existing contracts and the conclusion of new contracts for gas supplies with foreign parties, and have had little bearing on the Company's ongoing activities.

Russia
2016, August, 18, 18:35:00

CASPIAN OIL UP

The Russian government has issued the license for the Central Oil and Gas Company – a joint venture between Lukoil (25%), Gazprom (25%) and Kazakhstan’s KazMunaiGaz (50% ) – to develop the Central field.

Russia
2016, August, 16, 18:30:00

ROSNEFT NET INCOME UP BY 6.4 TIMES

Net income growth by x6.4 times to RUB 89 bln in 2Q 2016 Increase in EBITDA by 27.5%, to RUB 348 bln; EBITDA margin above 27% Effective control of operating and SG&A costs Industry leadership in free cash flow generation Decrease in net debt by 41.4%, to USD 23.4 bln from 1H 2015

Russia
2016, August, 15, 19:00:00

RUSSIA - SAUDI TALKS

"With regard to the cooperation with Saudi Arabia, the dialogue between our two countries is developing in a tangible way, whether in the framework of a multi-party structure or on a bilateral level," Novak was quoted as saying.

Russia
2016, August, 15, 18:50:00

URALS: $41.57667

Средняя цена на нефть Urals за период мониторинга с 15 июля по 14 августа 2016 года составила $41,57667 за баррель, или $303,5 за тонну. Согласно расчетам Минфина России экспортная пошлина на нефть в РФ с 1 сентября 2016 года понизится на $10,1 и составит $80 за тонну.

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