Rosneft: Green Light to Buy Gas Assets
The watchdog, known as FAS, said it had approved a bid by Rosneft’s TNK-BP Holding unit for Urengoy Gas Co (UGC) and Geotransgas, both in Russia’s Yamal-Nenets district in the country’s gas production heartland. TNK-BP became a unit of Rosneft earlier this year, when the state oil company acquired its …
Alexander Popov Appointed Director General of Itera Oil and Gas Company
Alexander Popov is appointed Director General of Itera Oil and Gas Company LLC. The new head has a task to efficiently integrate Itera’s assets into OJSC Oil Company Rosneft’s structure in order to gradually implement the company’s gas strategy aimed at substantial gas reserves monetization and increasing Rosneft’s shareholder value. …
Rosneft consolidated ITERA Oil and Gas Company
Rosneft and members of ITERA Oil and Gas Company LLC inform on the acquisition of the remaining 49% of ITERA Oil and Gas Company LLC from Itera Holdings Limited for USD 2.9 bln. As a result Rosneft increased its share in Itera Oil and Gas Company LLC to 100%. Consolidation …
Rosneft To Take Over Russian Gas Firm Itera for $3bln
Russia’s state-controlled oil company Rosneft is planning to take over local gas firm Itera for $3 billion, two sources close to Rosneft said on Tuesday, strengthening its hand in challenging Gazprom’s industry dominance. Rosneft already owns a 51 percent stake in Itera, which was the top gas supplier to the …
Rosneft President Igor Sechin Meets with Khabarovsk Region Governor Vyacheslav Shport
Rosneft President Igor Sechin held a working meeting with Khabarovsk Region Governor Vyacheslav Shport on 30 November 2012 as part of an extraordinary general meeting of Rosneft shareholders in Khabarovsk. The regional governor thanked Mr Sechin for Rosneft’s considerable contribution to developing the region’s economy and social environment. Mr Shport …
Rosneft and ITERA Group Close Deal to Create Joint Venture to Produce and Sell Gas
Rosneft and ITERA Group have closed a deal to create a joint venture on the basis of ITERA Oil and Gas Company to produce and sell gas in line with the terms of a strategic cooperation agreement signed on 28 February 2012. Rosneft obtained 51% in the joint venture in …
Rosneft and ITERA Group Sign Strategic Cooperation Agreement
Rosneft and ITERA Oil and Gas Company have signed a strategic cooperation agreement for joint exploration and development of gas deposits in Russia. The agreement signed by Rosneft President Eduard Khudainatov and ITERA Oil and Gas Company Chairman of the Board of Directors Igor Makarov envisages the possibility of establishing …