Oil Prices (today)
Urals $76,75 per bbl.
Brent $79,25 per bbl.
Oil Prices (yesterday)
Urals $74,74 per bbl.
Brent $77,59 per bbl.
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Every 30th ton of oil produced in Russia
Annual production of 14,2 ìln. tons of crude oil
Recoverable reserves of more than 600 ìln. tons
21  producing assets
  2 refineries
1 transportation company
96 Petrol Stations
Active in 14 regions of Russia and the CIS
More than 20, 000 jobs

 



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September 2006

29.09.2006 "Interfax".  Service Company C.A.T. Oil Agreed with RussNeft about Partnership  
Moscow, September 29, INTERFAX-ANI – An Austrian oil service company C.A.T. oil signed with JSC Oil and Gas Company “RussNeft” an agreement on long-term cooperation in the field of oil production intensification. According to the data received from C.A.T. oil, the company is already working at the oilfields of “RussNeft” in the European part of Russia and in Western Siberia.
28.09.2006 "RCCNews".  “Neftemaslozavod” - a subsidiary of OAO NK RussNeft in Orenburg –has output 4 million 500 thousand tones of lubricant products by September of 2006 from the date of its foundation.  
OAO “Neftemaslozavod” (a subsidiary of OAO NK “RussNeft”) has produced in September 2006 its 4,5 millionth tone of lubricant products during its production activity period.
08.09.2006 "Parlamentskaya Gazeta".  Trade will be Enhanced  
In September, 4-5 a session of Russian-Arab Business Council (the RABC) took place in Saint-Petersburg.
07.09.2006 "Russia".  UNPRECEDENTED IN PERSPECTIVITY  
Improvement in social sphere rivals economic development of the region
07.09.2006 "Nezavisimaya gazeta".  Investment in Exchange for Technologies  
Arab business community examine Russian regions
05.09.2006 "Vedomosti".  RussNeft Invests $1.5 bln  
PRIME-TASS – Oil and Gas Company RussNeft’s investment into new fields production and development during 2007-2012 will reach the point of $1.5, company’s president Mikhail Gutseriev announced.
05.09.2006 "Vedomosti".  $1 Bln for Mr. Gutseriev This is the profit RussNeft is to receive as soon as this year, the promoter of the company Aleksandr Tutushkin thinks  
The head and the main owner of RussNeft Mikhail Gutseriev promised yesterday that the company would get $1 bln net profit this year and the level of production will be amounted to 20 mln tons next year. This is a high level but according to experts it is achievable.
04.09.2006 "RussEnergy".  RussNeft Expects to Produce 20 mln tons of Oil Annually  
MOSCOW, Septmber, 4. /RusEnergy/. Oil company RussNeft intends to increase oil production up to 20 mln tons annually. Regnum quoted company’s president Mikhail Gutseriev as saying this to journalists after the inauguration of the 6th joint session of Russian-Arab Business Council in Saint-Petersburg. He says a 5 year’ programme of company’s development foresees $1.5 bln investments into producing infrastructure of the company.
04.09.2006 "Prime-TASS".  Oil and Gas Company RussNeft Plans $1 Bln Net Profit for 2006, - Company’s President  
SAINT-PETERSBURG, September, 4. /PRIME-TASS/. Oil and Gas Company RussNeft plans to have $1 bln net profit for 2006, company’s president Mikhail Gutseriev told journalists. He participates in the 6th joint session of Russian-Arab Business Council in Saint-Petersburg.
04.09.2006 "Interfax".  RussNeft will Allocate $1.5 bln to Oil Production from 2007 5 years on, - Mr. Gutseriev  
Saint-Petersburg. September, 4. INTERFAX - Oil and Gas Company RussNeft plans to allocate $1.5 bln to producing base development and geological exploration of holding’s oil fields from 2007 during 5 years on, company’s president Mikhail Gutseriev said on the 6th joint session of Russian-Arab Business Council in Saint-Petersburg on Monday.
04.09.2006 "RosBusinessConsulting".  RussNeft will Invest 1.5 Bln Dollars into Oil Production during 2007-2012  
Oil and Gas Company RussNeft will invest $1.5 bln into resource base development, oil production and geologic exploration during 2007-2012. This was announced to journalists by company’s president Mikhail Gutseriev. Mr. Gutseriev says that during a few forthcoming years the company expects to increase oil production to 20 mln tons – against 17 mln tons at present. He also singled it out that the company has been preparing investment projects that will be carried out during a few years. The increase of oil production, as Mr. Gutseriev puts it, will be a result of putting into operation new fields of Shapshinskaya Group, Novo-Valuninskoye field, Novo-Aganskoye field.

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