Oil Prices (today)
Urals $112,39 per bbl.
Brent $112,69 per bbl.
Oil Prices (yesterday)
Urals $111,67 per bbl.
Brent $112,17 per bbl.
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RussNeft
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Every 30th ton of oil produced in Russia
Annual production of 13 ìln. tons of crude oil
Recoverable reserves of more than 600 ìln. tons
24  producing assets
1 transportation company
Active in 11 regions of Russia and the CIS
More than 13, 000 jobs

 



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April 2006

28.04.2006 "Nezavisimaya Gazeta".  Charity which is Good for Business  
Another RUR28 million have been invested in social projects of the Tomsk region
27.04.2006 "RusEnergy".  Orsknefteorgsintez Started to Revamp Process Units  
Orsknefteorgsintez OAO owned by RussNeft has started scheduled revamp of the process units and replacement of obsolete equipment in order to comply with the safety standards. It became particularly important in the context of implementing the plan aimed at increasing the volumes of crude oil processing from 3.5 to 5 million tons per year (against the year 2005).
21.04.2006 "Oil & Gas Vertical".  RussNeft and Lomonosov Moscow State University Signed a Cooperation Agreement  
Yesterday Oil Company RussNeft OAO and Moscow State University named after M.V.Lomonosov signed a cooperation agreement. According to the company’s press-service, the objective of the agreement signed by RussNeft President Mikhail Gutseriev and Moscow State University Rector, Academician Viktor Sadovnichy is to set up a corporate university on the basis of Moscow State University. The corporate university will be called “High School of Innovative Business (faculty) of MGU”.
19.04.2006 "Interfax".  RussNeft to Increase Oil Production in Saratov Region – Governor  
Oil Company RussNeft OAO controlling Saratovneftegaz OAO is going to increase its oil production in the Saratov region, said Governor of the region Pavel Ipatov.
19.04.2006 "Kommersantú-Perm".  RussNeft is Making for Drilling  
Yesterday Mikhail Gutseriev, owner of Oil Company RussNeft, came for a visit to Perm. The official reason for this visit was to meet the governor of the region in order to discuss the possibility of building a glass works using the facilities of Bereznikovsky Soda Production Plant. However, the Kommersantú came to know that the main issue of the discussions with the governor was the core activities of the company in the region. Mikhail Gutseriev said that he was completing negotiations on acquisition of company Uraloil, a subsidiary of Lukoi-Perm OOO, and was going to participate in the auctions for developing oilfields in the Perm region.
19.04.2006 "Regnum".  RussNeft to Support Farmers in Orenburg Region  
The financial support of the sowing campaign in the Orenburg region from the budgets of all the levels will amount to more than 400 million roubles, an IA REGNUM correspondent was told at the press-service of the local administration.
18.04.2006 "Oil & Gas Vertical".  By the End of the Year RussNeft to Bring Oil Output to 20 Million Tons  
RussNeft is going to increase its oil output to 20 million tons by the end of the year, reports AK&M. The news was told to the correspondents by President and main owner of the company Mikhail Gutseriev.
18.04.2006 RIA "Novosti".  This Year RussNeft to Complete Deals on Acquisition of a Number of Other Upstream Assets  
Oil Company RussNeft OAO is planning this year to complete deals on acquisition of a number of other upstream assets, the company’s President Mikhail Gutseriev informed the press. According to him, presently the company is negotiating the purchase of such assets. At this, Mikhail Gutseriev declined to specify either location or price of the assets.
11.04.2006 "Prime-TASS".  RussNeft and Government of Khanty-Mansi Autonomous Region Signed a Cooperation Agreement  
Oil Company RussNeft OAO and the Government of Khanty-Mansi Autonomous Region have concluded a cooperation agreement, reports the company’s press-service. The agreement specifies priorities in the interaction between the Parties aimed at stable development of the regional economy and successful operation of the company’s subsidiaries in the area.
11.04.2006 "Interfax".  KhMAO and RussNeft Signed a Cooperation Agreement  
The Government of Khanty-Mansi Autonomous Region (KhMAO) signed Tuesday the cooperation agreement with Oil Company RussNeft OAO.
06.04.2006 "SaratovBusinessConsuting".  A Five km Special Directional Well to Be Drilled in Saratov Region  
Since Oil and Gas Company RussNeft came into possession of Saratovneftegaz the scope of investments has increased coming to 900 million roubles which is more than by 60% higher as compared with the year 2005.

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