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Putin Orders Rosneft to Present Proposal on Pipeline Construction from Samara Oil Refineries to Tuapse

Putin Orders Rosneft to Present Proposal on Pipeline Construction from Samara Oil Refineries to Tuapse

The President of the Russian Federation Vladimir Putin ordered the management of OAO Rosneft to develop a proposal on the construction of oil pipeline from the oil refineries of the Samara group to Tuapse. Such order was given in the course of presentation of Rosneft. In his turn the president of Rosneft Igor Sechin pointed […]

British Petroleum TO Sell its Share in Russian-British Company TNK-BP

British Petroleum TO Sell its Share in Russian-British Company TNK-BP

The British Petroleum Corporation announced its partners that it considers the possibility of selling its 50-percent share in the Russian-British subdivision of TNK-BP. The managing board of British Petroleum emphasized that this decision is not final. The fuel consortium AAR (25% belongs to Fridman’s Alfa, 12.5% — to Viktor Vekselberg’s Renova, 12.5% — to Leornard […]

Mikhail Fridman Resigns from TNK-BP

Mikhail Fridman Resigns from TNK-BP

Mikhail Fridman is going to resign from the position of Chief Executive Officer of TNK-BP. by Mr Fridman officially informed the Board of Directors of the company and the shareholders of TNK-BP about this move by sending a letter, in which he also announces his leaving the position of the Chairman of the Management Board […]

Igor Sechin to Become Board Chairman at Rosneft

Igor Sechin to Become Board Chairman at Rosneft

Igor Sechin (See photo), who has recently resigned from the position of Vice-chairman of the Government of the Russian Federation, is to become the chairman of the board of directors of the state-controlled Rosneft company. The corresponding directives to the board of directors of the company were signed by the prime-minister of Russia Dmitry Medvedev. […]

Rosneft and Statoil Sign Agreement on Joint Development of Oil Deposits in Barents Sea and Sea of Okhotsk

Rosneft and Statoil Sign Agreement on Joint Development of Oil Deposits in Barents Sea and Sea of Okhotsk

Russian Rosneft has signed a cooperation agreement with Statoil, the Norway-based oil company. According to the document, Russians and Norwegians are going to co-develop the Perseyevsky deposit in the Barents Sea and the three deposits in the Sea of Okhotsk: Kashevarovskiy, Lisyanskiy and the deposit MAgadan-1. According to the press-service of Rosneft, the share of […]

Rosneft to Pay Dividends-2011 till August 19

Rosneft to Pay Dividends-2011 till August 19

The board of directors of National Corporation Rosneft recommended to the annual meeting of shareholders to approve of dividends payment for 2011 till August 19 2012, says the press-release of the company. “The dividends are to be paid to all the shareholders simultaneously no later than August 19 2012”, — the press-release announces. Earlier the […]

Rosneft to Pay Dividents-2011 till August 19

Rosneft to Pay Dividents-2011 till August 19

The board of directors of National Corporation Rosneft recommended to the annual meeting of shareholders to approve of dividends payment for 2011 till August 19 2012, says the press-release of the company. “The dividends are to be paid to all the shareholders simultaneously no later than August 19 2012”, — the press-release announces. Earlier the […]

Bashneft Decides to Take Part in Contest for Geologic Exploration in Iraq

Bashneft Decides to Take Part in Contest for Geologic Exploration in Iraq

The Bashneft Company as part of the main consortium submitted an application for the participation in the tender within the framework of the fourth licensing stage in Iraq. The information is publicized by the press-service of the company. This contest presupposes obtaining an official permission and the pack of documents for geological exploration in 12 […]

Gaszprom Neft Floats Complete 10 Million Stock of Bonds

Gaszprom Neft Floats Complete 10 Million Stock of Bonds

Gazprom Neft which enters the top-5 largest Russian oil companies has fully floated 10-year bonds of the eleventh series with the total cost of 10 million rubles, the representative of the company’s press-service reported. “If we talk about the bonds of the eleventh series – yes, they are fully floated”, — the representative said. Gazprom […]

Gazprom Neft Board of Directors Considers Acquisition of Kazakhstan Sonol Invest

Gazprom Neft Board of Directors  Considers Acquisition of Kazakhstan Sonol Invest

The company reports that the board of directors of JSC Gazprom Neft considers the issue of acquisition of Kazakhstan “Sonol Invest Ltd.” The agenda has one single point: JSC Gazprom Neft Kazakhstan purchases 100% of equity of “Sonol Invest Ltd.” The press service of Primu company explains that Sonol Invest disposes of four fuel stations […]

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