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"Varioganneft " discharged its compensatory liabilities to owners of communal family lands.

Raduzhny, KhMAO. ОАО «Varioganneft» assigned more than 6 million rubles for compensatory payments to indigenous peoples of the North inhabiting the territories where the company is producing hydrocarbons. The information is received from the press-service of the company.
28.12.2011 "Tymenskaya Linia"

ОАО «Ulianovskneft» switches the boiling room of oil delivery and acceptance station “Klin” to gas

Ulianovsk. ОАО «Ulianovskneft», a subsidiary of ОАО NK «RussNeft», is switching the oil delivery and acceptance station “Klin” to liquified petroleum gas (LPG). In particular, the company has completed mounting of underground reservoirs for LPG storing, mounting and starting-up works at the boiler AX 1200. At the present moment mounting of gas equipment at the boiler AX-1300 is in process.
27.12.2011 "Ulmoney.ru"

"Varioganneft" will give support to the Regional Charitable Fund «Hearts for Children»

Raduzhny, KhMAO. As part of the charity and sponsorship program, ОАО «Varioganneft», a subsidiary enterprise of ОАО NK «RussNeft», will give support to the Regional Charitable Fund “Hearts for Children”. The principal activity of the Fund is oriented to the assistance for the children suffering from cancer.
27.12.2011 "Samotlor-Express"

“Saratovneftegas” organized charity event for cadets

Saratov. December, 23 at the kindergarten of sanatorium-health camp “Rovestnik” of OAO “Saratovneftegas” (a subsidiary production enterprise of “RussNeft”) opened winter charity change. More than 100 pupils of Saratov Cadet school № 2 – orphans, patronized, children of military personnel, boys from complete and incomplete families from all Saratov region aged 11-13 – will not only have good rest, but also dedicate their free time for sports training.
23.12.2011 "Saratovnews.ru"

“RussNeft” refinanced the UniCredit debt at the rate of Libor +4.5%, reduced the amount of indebtedness by 15%

Moscow. Moscow. December, 22. INTERFAX-ANI-NK “RUSSNEFT” (RTC: RUSN) refinanced a part of its debt at the rate of LIBOR + 4.5% per annum under the loan of ZAO “UniCredit Bank”. An agreement to that effect was signed in the beginning of December 2011, as said in “RussNeft” report. The signed loan agreement “determines the interest rate guide for potential creditors of the holding”, the statement says. On the whole, in 2011 the Company reduced the amount of the indebtedness by 15% - from US$ 6, 208 billion to US$ 5, 061billion.
22.12.2011 “Interfax”