| 31.05.2006 |
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"SaratovBusinessConsulting". Oilmen Choose the Most Athletic Team
In the children’s recreation camp named Rovesnik the final of the 23rd Sporting Events of Saratovneftegaz (a subsidiary of RussNeft) took place. 180 workers representing all the sub-units of the company including work- and service shops played mini-football and volleyball matches. |
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| 31.05.2006 |
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"Interfax". Orsknefteorgsintez Started Up Crude and Vacuum Distillation Unit after Overhaul
Orsknefteorgsintez, a subsidiary of Oil Company RussNeft, has placed in operation its crude and vacuum distillation unit ELOU-AVT-3 after a scheduled overhaul. |
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| 25.05.2006 |
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"Russia". Integration
Russia and Algeria are open to cooperation, said the Co-Chairman of the Russian-Algerian Business Council, President of company RussNeft Mikhail Gutseriev, at the Council meeting held in Algiers. |
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| 25.05.2006 |
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"Nezavisimaya Gazeta". Algeria wants to do business with Moscow
Head of RussNeft Gutseriev is Paving the Way to Northern Africa for Russian Companies |
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| 24.05.2006 |
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"Parlamentskaya gazeta". Russian-Algerian economic area is called into being
The First Meeting of the Russian-Algerian Business Council Held in Algiers |
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| 21.05.2006 |
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"RosBusinessConsulting". RussNeft to Create a JV with an Algerian Company in One and a Half Month
May 21, 2006, Algiers 13:49:26 – Oil Company RussNeft is going to create a joint venture with one of the Algerian companies during one month and a half. The joint venture will be involved in implementation of joint projects in Algeria. The news was broken at the press-conference in Algiers on the results of the meeting of the Russian-Algerian Business Council by its Russian Co-Chairman Mikhail Gutseriev, President of RussNeft. According to him, presently the Russian company was talking to the partners concerned. |
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| 21.05.2006 |
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RIA "Novosti". By the End of the Year RussNeft to Complete Acquisition of New Assets in Azerbaijan, Kazakhstan and Mauritania - Mikhail Gutseriev
Algiers, May 21, 2006 – RIA Novosti. Oil Company RussNeft OAO is going complete acquisition of new assets in Azerbaijan, Kazakhstan and Mauritania by the end of the year, head of the company Mikhail Gutseriev informed the reporters on Sunday. According to him, the company intended to buy new oilfields in the areas of its operation traditionally found in Eastern and Western Siberia.  |
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| 21.05.2006 |
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RIA "Novosti". Algeria is interested in Russian Investments in Oil and Gas Industry
Algiers, May 20, 2006 – RIA Novosti. Algeria is interested in attracting Russian investments in the country’s oil and gas industry, said Kamel Abdelrahim, Algerian Co-Chairman of the Russian-Algerian Business Council, summing up the results of the meeting of the Council. |
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| 19.05.2006 |
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"Interfax". Slovakia Approves the Sale of 49% Stake at Transpetrol to RussNeft
Moscow. May 19. Interfax-ANI – The antimonopoly authorities of Slovakia approved the sale of 49% stake at Transpetrol, a Slovakian pipeline operator, to Russian company NK RussNeft OAO, Slovakian authorities said in a statement. |
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| 19.05.2006 |
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"Interfax". RussNeft Opens Representative Office in Belarus
Oil Company RussNeft OAO is opening its representative office in Belarus, the company says in a statement. |
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| 16.05.2006 |
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"Interfax". Annual Shareholder’s Meeting to Be Held on June 29, Register to Be Closed on May 12
The annual shareholder’s meeting of Saratovneftegaz OAO will be held on June 29, the company says in a statement. |
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| 16.05.2006 |
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"Prime-TASS". Board of Directors of Orsknefteorgsintez OAO to Convene Annual Shareholders’ Meeting on June 30, Register to Be Closed on May 12
The Board of Directors of Orsknefteorgsintez OAO (orfe) /in the town of Orsk of the Orenburg region/ has announced convocation of shareholders’ annual meeting on June 30, 2006, the Board of Directors said in an official statement.
The register of the shareholders to participate in the meeting was closed on May 12.
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| 16.05.2006 |
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"Regnum". RussNeft Intends to Double its Oil Production in 5 Years in the Area of Kuban
In Sochi there took place a ceremony of signing the cooperation agreement between the administration of the Krasnodar region and Oil Company RussNeft OAO. The document was signed by the Governor of Kuban Alexander Tkachov and RussNeft President Mikhail Gutseriev.  |
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| 16.05.2006 |
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"Interfax". In 2006 RussNeft to Invest RUR 600 Million in Upgrade of Krasnodar Refinery
Krasnodar, May 15, Interfax – On Monday Governor of Krasnodar region Alexander Tkachov and President of RussNeft OAO Mikhail Gutseriev signed a cooperation agreement in Sochi, the regional administration informed Interfax. |
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| 15.05.2006 |
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"Vslukh.Ru". RussNeft to Double Allocations for Krasnodar Region
Oil Company RussNeft OAO and Administration of the Krasnodar region have concluded a cooperation agreement. The document was signed by Mikhail Gutseriev, President of RussNeft, and Alexander Tkachov, Governor of the Krasnodar region. The oil company plans to implement in the region various investment projects in oil refining. The document also determines the main principles of interaction between the parties in studying the prospects for exploration and development of new oil and gas fields in the Krasnodar region. |
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| 04.05.2006 |
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"AK&M". RussNeft Subsidiary Orsknefteorgsintez Started Production of Euro-3 Diesel Oil Moscow
In May Orsknefteorgsintez OAO, a subsidiary of Oil Company RussNeft OAO, has started to produce diesel oil meeting the Euro-3 standards. The production volume of the advanced product will come to 5 thousand tons per month. The product is to be shipped to the consumers of the Moscow and central regions of Russia, RussNeft says in a statement. |
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| 03.05.2006 |
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"Oil & Gas Vertical". RussNeft President Mikhail Gutseriev Received Big Gold Medal of Maecenas Order, First Class
President of Oil Company RussNeft OAO Mikhail Gutseriev became the Laureate of the First National Public Premium in the field of charity and patronage of art having received the Big Gold Medal of the Maecenas Order, First Class. According to the statement of RussNeft press service, the decision on the presentation of the Medal to the company’s President came from the members of the Premium’s Social Council including Culture and Mass Communications Minister Alexander Sokolov, Chechnya President Alu Alkhanov, Chairman of Khakasia’s Government Alexey Lebed’, prominent public and political figures, scientists and clerisy representatives. The competent jury recognized the valuable contribution made by Mikhail Gutseriev in the course of reviving the traditions of Russian charity and highly appreciated his personal collaboration in a number of large social and charitable projects of a federal level.
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| 03.05.2006 |
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"MK-Saratov". NSP-22 is a Big Step Forward
Rapid development of production has always been typical of Oil and Gas Company RussNeft. Owing to this fact, within only 2 years the holding company managed to become one of TOP-10 of Russia’s oil companies. In September 2005 RussNeft won the first prize at the Black Gold of Yugra Contest as the fastest growing company. The corner stones of RussNeft strategy are introduction of advanced technologies and state-of-the-art oil and gas equipment, investments in the development of own production capacities, all aimed at increasing production efficiency.
Production intensification is also the basis for the development of Saratovneftegaz OAO, a regional subsidiary of RussNeft. We are going to tell a story about upgrading of one of the Saratovneftegaz key facilities thus showing how the oil men in Saratov work and move forward.
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| 03.05.2006 |
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"RBC". RussNeft Net Profit in the First Quarter of 2006 Increased in 4.4 Times against the Fourth Quarter of 2005 up to RUR3.6 billion
In the first quarter of 2006 the net profit of Oil Company RussNeft OAO according to Russia’s accounting standards (RAS) increased in 4.4 times against the fourth quarter of 2005 and came to 3,635,813 thousand roubles, the company says in a statement. In the fourth quarter of the past year RussNeft net profit amounted to 818,541 thousand roubles.  |
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