Financials and Investment News in Russia

Lukoil Announces Report on Payments to Governments for the Year 2020
6/22/2021 - Underlying Principles
1-1 Regulation and Scope of the Report
This consolidated report on payments to governments (hereinafter, the "Report") was prepared by PJSC LUKOIL pursuant to Cl. 4.3...
Zoltav Resources Announces Update Re. Loan Agreement
6/21/2021 - Zoltav, (ZOL), the Russia-focused oil and gas exploration and production company, announced on 14 July 2020 that it had entered into a loan agreement with ARA Capital Holdings under which ARA Capital ...
Gazprom Neft, VTB & Aeroflot Commit To Switching to Blockchain Settlements
6/3/2021 - Gazprom Neft, VTB and Aeroflot have used the 2021 St Petersburg International Economic Forum to conclude a Memorandum of Cooperation on developing digital tools for instant settlements in aviation ref...
NOVATEK Extends Share Buyback Program
6/1/2021 - The Management Board of PAO NOVATEK (NOVATEK) approved the extension of the share buyback program until 7 June 2022. All terms of the program unchanged. ...
Gazprom’s Financial Information under IFRS for 3 Months Ended March 31, 2021
5/28/2021 - PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the thr...
LUKOIL Announces IFRS Financial Results for the First Quarter of 2021
5/26/2021 - PJSC "LUKOIL" released its condensed interim consolidated financial statements for the three-month period ended March 31, 2021 prepared in accordance with International Financial Reporting Standards (...
Rosneft Announces Financial Results for 1Q 2021
5/14/2021 - - 1Q 2021 Net Income reached RUB 149 bln.
- EBITDA amounted to RUB 445 bln in 1Q 2021, or 44% higher than in 1Q 2020.
- Revenues increased by app.15% compared to 4Q2020.
- Reduction of ...
Zenit Bank Expanded Cash with Purchase Service of Tatneft Filling Stations
4/14/2021 - PJSC TATNEFT named after V.D. Shashin, PJSC ZENIT Bank and the Mastercard service provider have expanded the geography of the “Cash with Purchase” service. The project has been implemented at 144 TATN...
JKX Oil & Gas Announces Its Results for the Year Ended 31 December 2020
3/31/2021 - Despite the ongoing COVID-19 pandemic and turbulence in the international commodity markets, JKX has delivered a solid performance in 2020, demonstrating its resilience in the face of significant unce...
Tatneft Published Audited IFRS Financial for Year Ended 31 December 2020
3/31/2021 - PJSC Tatneft published on its website the audited consolidated financial statements for the year ended 31 December 2020 prepared in accordance with International Financial Reporting Standards (“IFRS”)...
Debt for Gas Supplies Reduced in Most Russian Regions in 2020
3/24/2021 - The Gazprom Board of Directors took note of the information on improving the payment discipline with regard to domestic gas supplies, as well as on the measures being taken to settle the debt for the ...
NOVATEK Board of Directors Recommends 2020 Dividend
3/19/2021 - PAO NOVATEK announced the results of its Board of Directors (the “Board”) meeting, whereby the Board recommended to the Annual General Meeting of Shareholders (“AGM”) to approve dividend payments on t...
RusHydro Signs Guarantee Agreement with PJSC SBERBANK
3/17/2021 - PJSC RusHydro (RSHYY) has announced signing of guarantee agreement with PJSC Sberbank. PJSC RusHydro obliges to be responsible for obligations of JSC Far Eastern Hydrogenating Company (JSC DGK) regard...
LUKOIL Releases Financial Results under IFRS for 2020
3/10/2021 - PJSC LUKOIL released its audited consolidated financial statements for 2020 prepared in accordance with the International Financial Reporting Standards (IFRS). ...
SIBUR Raises Minimum Dividend Payout to 50%
3/10/2021 - SIBUR's Board of Directors has approved a new Regulation on Dividend Policy increasing the minimum dividend payout ratio from 35% to 50% of adjusted net profit under IFRS. The new policy applies to re...
Gazprom Neft Increases Energy Efficiency at Its Directly Owned Refineries
3/10/2021 - Gazprom Neft succeeded in cutting energy, heating and fuel costs across its directly owned refineries (in Moscow and Omsk) throughout 2020, with energy-saving initiatives delivering savings of RUB400 ...
Citi Appointed as Depositary Bank for Tatneft’s ADR Program
2/19/2021 - Citi, acting through Citibank N.A., has been appointed by PJSC Tatneft (Tatneft) – one of the largest Russian oil companies – to act as depositary bank for its American Depositary Receipt (“ADR”) prog...
Gazprom Neft Recorded Consistent Net-Profit Growth
2/18/2021 - Gazprom Neft has published its IFRS consolidated financial statements for the 12 months and fourth quarter (Q4) ended 31 December 2020 (FY 2020). ...
NOVATEK Repays Ten-Year Eurobonds
2/3/2021 - PAO NOVATEK announced today the Company has repaid the USD 650 million Eurobond issue in accordance with the bonds maturity schedule. The Eurobonds were originally issued in February 2011 for a ten-ye...
Gazprom Group & Overgas Group Reach Settlement
1/29/2021 - In Sofia, the Overgas Group and the Gazprom Group reached a mutually satisfactory final agreement on the settlement of all existing disputes and claims, as well as the sale of the Gazprom Group's shar...

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