News
NET ASSET VALUE BECOMES POSITIVE IN Q3 AND SOARS TO $1 BLN
Moscow. INTERFAX-PIA. Net asset value (the Company`s assets minus its liabilities) of PAO NK RussNeft, whose IPO the Russian market is waiting for, has become positive. It amounted to $64.1 billion for the first 9 month of this year, while last year its value was negative 110 billion rubles.
RUSSNEFT PLACED 196 MLN RUBLES ISSUES WITHIN SHARES SPLITTING
Moscow. The Company placed 98,032,000 of the privileged shares with 50 kopecks nominal value. The ordinary shares amount makes up 49,019,000 rubles. The ordinary shares issue involved placement of 294,120,000 shares with the same nominal value generally in the amount of 147,060,000 rubles.
OAO VARIOGANNEFT OPTIMIZES OPERATIONAL EXPENSES
Radyzhny. OAO Varioganneft has completed the operational expenses optimization project viewing development of a number of activities to reduce the expenses and increase the operational efficiency.
EMPLOYEES OF OAO ULYANOVSKNEFT TAKE UPGRADE TRAINING
Ulyanovsk. Under the agreement on cooperation with Ulyanovsk State University, OAO Ulyanovskneft, the subsidiary of RussNeft, is arranging the occupational skills upgrade training for its employees.
RUSSNEFT DISCLOSED ITS STATEMENTS AND SHAREHOLDERS’ STRUCTURE
Moscow. The company has to perform IPO while the market positively expects decrease in production and oil prices growth.