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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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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November 2006

23.11.2006 "Orskaya khronika".  Through fire and water  
JSC “Nefteorgsintez”, one of major plants in Orsk, is a fire and explosion hazardous plant. For Oil and Gas Company “RussNeft”, owner of ”Nefteorgsintez”, safety is one of the priorities which are given special attention. It is quite understandable, for people’s lives and health are in question. And we speak not only about the employees of the refinery, but about the inhabitants of neighboring districts as well.
23.11.2006 "SaratovBusinessConsulting".  Oil Company’s investments exceeded 380 million rubles.  
During 9 months “Saratovneftegas”, a subsidiary of “RussNeft” has absorbed 380.1 rubles of investments
21.11.2006 "PRIME-TASS".  ÎÀÎ “Orsknefteorgsyntez” in January- October increased stock refining by 31.6 % up to 3863K tons.  
Moscow, November 21 /PRIME-TASS/ OAO “Orsknefteorgsyntez” (orfe)/ Orsk, Orenburg District/ increased oil stock refining in January-October, 2006 by 31.6 %, up to 3863 thousand tons as compared with that period of the past year, as the administration of the refinery informed PRIME-TASS.
21.11.2006 Official web site of Ulyanovsk Region governor and government.  Oil and Gs Company RussNeft Meets its Financial and Social Obligations to the Ulyanovsk Region  
Under the cooperation agreement that was signed by the governor of the Ulyanovsk region Sergey Morozov and president of oil and gas company RussNeft Mikhail Gutseriev on April, 19 2005, in July-December 2005 RussNeft’s subsidiaries OAO Ulyanovskneft and ZAO Joint Venture Nafta-Ulyanovsk, operating in the region, allocated profit tax of over 240 million rubles to the regional budget and for ten months of 2006 this sum has exceeded 285 million rubles. Mineral Extraction Tax of company’s subsidiaries for nine months of 2006 has been around 60 mln rubles.
16.11.2006 "RosBusinessConsulting".  RussNeft finds unjustified charges of having exceeded the limit of oil production by a number of its subsidiaries.  
OAO Oil and Gas Company RussNeft finds unjustified the results of financial and operational verification of a number of its subsidiaries, company’s press service report runs.
10.11.2006 TV "Udmurtia".  President of RussNeft Mikhail Gutseriev has had a meeting with President of Udmurtia Alexander Volkov.  
As a result of the negotiation an agreement on cooperation has been signed; it will enable to carry out a range of welfare projects in the republic. First and foremost, to fund the construction of an oil department of the Udmurt State University.
09.11.2006 "Saratovbusinessconsulting".  RussNeft Sponsors Kickboxing Second Open Cup of Russia among Clubs  
On November, 9 the competition of kickboxing second open Cup of Russia among clubs was launched at Zvezdniy. The general sponsor of the contest is Saratovneftegaz (RussNeft’s subsidiary).
07.11.2006 "SaratovBusinessConsulting".  Saratovneftegas has held young experts’ training conference  
During two days 15 reports have been presented. Vitaliy Kulagin won first place for the report ‘The Implementation of Hardness Transcribers Termit at Boiler-Facilities’. The second place for the work ‘Evaluation of the Resource Base and Development System of the Alekseevskoye field’ shared Maria Zabegalova, Raisa Kuzmina and Yulia Kuzmina. Evheniy Bobrov took the third place for the report ‘Implementation of PID-Regulation at OAO Saratovneftegaz Facilities’.
07.11.2006 "Nezavisimaya gazeta".  New Oil Project in Azerbaijan  
Another Russian company will participate in Caspian fields development.
07.11.2006 "Vedomosti".  Mr Gutseriev Goes Abroad  
President and the principal owner of RussNeft Mikhail Gutseriev obtained oil-producing assets abroad. On Friday, Mr. Gutseriev signed an agreement with State Oil Company of Azerbaijan Republic (SOCAR) on a joint project Zykh – Govsany, priced at $180 mln.
03.11.2006 "Interfax".  RussNeft and SOCAR (State Oil Company of Azerbaijan Republic) have signed a contract on exploration and development of the Govsany-Zykh block  
Baku. November, 3. INTERFAX – AZERBAIJAN – State oil company of Azerbaijan Republic (SOCAR) and OAO Oil and Gas Company RussNeft formed an agreement on exploration, development and production sharing for the Govsany-Zykh block of fields. The document has been signed by President of SOCAR Rovnag Abdullaev and Persident of RussNeft Mikhail Gutseriev, Interfax – Azerbaijan’s correspondent communicated from the ceremony of signing.
02.11.2006 "RusEnergy".  OAO Varyoganneft Celebrates its 30th Anniversary  
Raduzhniy, the Khanty-Mansiyskiy Autonomous District. OAO Varyoganneft, Raduzhniy’s oldest company and subsidiary of OAO Oil and Gas Company RussNeft celebrates its 30th anniversary.
02.11.2006 "RTV".  OAO Varyoganneft Celebrates its 30 th Anniversary  
An oldest OAO Oil and Gas Company RussNeft’s subsidiary OAO Varyoganneft with its 30 years’ history can reasonably be proud of its success. During all these years company’s staff have been solving responsibly serious and complicated issues of development and operation of the unique multihorizon field Varyoganneft.
01.11.2006 "Interfax".  RussNeft Profits over 9 Months almost Triple  
Moscow. November, 1. INTERFAX-ANI – OAO Oil and Gas Company RussNeft non-consolidated net profit over 9 months according to Russian Accounting Standards (RAS) is 9.238 bln rubles; it is 2.8 more than over the similar period in 2005 - 3.325 bln rubles.

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