Eurasia Journal News

Russian State gives Up Majority Share of Rosneft in Venezuela Deal

The Russian state has cut its holding in oil giant Rosneft to below a majority stake as part of its deal to buy the group’s Venezuelan assets, announced over the weekend, a source familiar with the details told Reuters. Rosneft, Russia’s largest oil producer, said on Saturday it had sold …

READ MORE →
Eurasia Journal News

Rosneft: Asks for $49bn from Russia’s National Wealth Fund

State-run oil giant Rosneft has asked for over 2 trillion rubles ($49 billion) from Russia’s National Wealth Fund to help the company withstand Western sanctions against Russia, Finance Minister Anton Siluanov said Wednesday. “Rosneft has asked the government for financial assistance in light of sanctions against Russia’s energy sector,” Siluanov …

READ MORE →
Eurasia Journal News

Rosneft: Asks for $49bn from Russia's National Wealth Fund

State-run oil giant Rosneft has asked for over 2 trillion rubles ($49 billion) from Russia’s National Wealth Fund to help the company withstand Western sanctions against Russia, Finance Minister Anton Siluanov said Wednesday. “Rosneft has asked the government for financial assistance in light of sanctions against Russia’s energy sector,” Siluanov …

READ MORE →
Uncategorized

Gazprom to Acquire 92.25% of Kamchatgazprom Shares from Rosneftegaz

The Board of Directors approved the acquisition by Gazprom of a 92.25 per cent stake in Kamchatgazprom from Rosneftegaz. According to the terms of the deal agreed upon with Rosneftegaz the shares of Kamchatgazprom will be purchased for RUB 2.85 billion. Gazprom will be offered the opportunity of making interest-free …

READ MORE →
Uncategorized

Rosneftegaz Pays 50.2 Billion Ruble Dividend to Federal Budget

On 5 December, Rosneftegaz paid dividends for 9M 2012 of RUB 50.2 billion to the Russian federal budget. Rosneftegaz has fully complied with Russian Government directives and decisions taken within the Company at corporate level on the payment of dividends. Rosneftegaz’s dividends will provide for implementation of Russian Presidential Decree …

READ MORE →