Volga Gas: Not For Sale – Market Conditions Force Rethink
Conclusion of Formal Sale Process Following the announcement by the Company of a formal sale process on 5 June 2014 a number of proposals were received from interested parties. However none of the proposals have been deemed by the Board to represent a fair value for the Company. In light …
Russian President Approves Oil Tax Changes
President Vladimir Putin approved changes to a tax law on Tuesday reducing oil export duties and increasing taxes for mineral extraction in a bid to balance the needs of producers and the Russian budget. The changes to the tax law, known as the “tax manoeuvre”, have long been the focus …
Russian President Approves Oil Tax Changes
President Vladimir Putin approved changes to a tax law on Tuesday reducing oil export duties and increasing taxes for mineral extraction in a bid to balance the needs of producers and the Russian budget. The changes to the tax law, known as the “tax manoeuvre”, have long been the focus …
The ROGTEC Interview Thomas Reed, CEO of Ruspetro
Thomas Reed, CEO of Ruspetro and a founding shareholder. Prior to joining the Group Mr Reed was a private equity and M&A advisor and investor based in Moscow. Since 1995 he has been involved in the origination, trading, and research of different classes of assets, such as equity and equity …
Ruspetro: Q3 Update – Revenue Up 4.2%, 80% MET Relief Now Being Applied
Ruspetro plc announces an update on its operations to date and its financial highlights for the third quarter of 2013. SUMMARY Financial 3Q revenue of US$19.7m, an increase of 4.2% over 2Q 2013 3Q EBITDA of US$4.9m, an increase of over 200% from 2Q 2013 (excluding exceptional items) MET relief …