sberbank

PAO “TMK”, one of the world’s leading producers of tubular products for the oil and gas industry, announces the completion of share buyback program of TMK ordinary shares that has been approved by the Board of Directors on 11 September 2020 (the “Program”). The Program was performed by “Volzhsky Pipe Plant”, Joint stock company (“VTZ”) …

Gazprom Neft and Sberbank have entered into a cooperation agreement on innovation. The agreement was signed by Andrei Belevtsev, Gazprom Neft’s Chief Digital Transformation Officer, and Anatoly Popov, Sberbank’s Deputy Chairman of the Executive Board during the St Petersburg International Economic Forum. The companies will focus on jointly developing artificial intelligence (AI) technologies, platform solutions, technological …

Zoltav (AIM: ZOL), the Russia-focused oil and gas exploration and production company, announces the appointment of Tigran Tagvoryan as Chief Executive Officer (non-board) of the Company effective immediately. Mr Tagvoryan joined Zoltav in November 2018, initially as Deputy Chief Executive Officer. He has significant senior level project development, finance, management and …

The Board of Urals Energy (AIM:UEN), the independent exploration and production company with operations in Russia, is pleased to announce that its subsidiary undertaking, JSC Petrosakh (“Petrosakh”), has entered into a new 24 month non-revolving CAPEX credit facility (the “Loan”) with the Sakhalin branch of OJSC Sberbank of Russia (“Sberbank”).  …

Zoltav, the Russia and CIS-focused oil and gas exploration and production company, announces final results for the year ended 31 December 2015 – a period in which the Company generated its first operating profit. Financial Highlights · Revenues from production increased by 41% to US$28.1 million (2014: US$20.0 million, from …

OAO Yamal LNG (“Yamal LNG”) announced the signing of an agreement with Sberbank and Gazprombank on a 15-year credit line facility for the total amount of EUR 3.6 billion at EURIBOR 6M plus 4.7% annual interest rate. The agreement signed with the Russian banks is part of the project financing …

Max Petroleum announces that Sberbank has unconditionally granted a six month standstill on all principal and interest payments due under the Company’s c.US$80 million loan through to 14 December 2015. In addition, the Company has accrued US$3.8 million of interest as of 30 June 2015. Interest will continue to accrue …

The Board of Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to announce that its subsidiary undertaking, JSC Petrosakh (“Petrosakh”), has entered into an 18 month revolving credit facility (the “Loan”) with the Sakhalin branch of OJSC Sberbank of Russia (“Sberbank”) under which …

Today, Bashneft and OJSC Sberbank of Russia have concluded a Strategic Cooperation Agreement until 2018 as part of the 19th Saint Petersburg International Economic Forum. The document was signed by the Company’s President Alexander Korsik representing Bashneft and Maxim Poletaev, First Deputy Chairman of the Executive Board, representing Sberbank of …

Max Petroleum announces that, following its announcements of 9 February 2015 and 19 February 2015, it has requested that trading in its ordinary shares on the AIM market of London Stock Exchange plc be suspended pending the outcome of final negotiations with Sberbank regarding an appropriate debt restructuring and with …