Rosneft boosted its supply of motor fuel (Euro-5 gasoline and diesel) to the Russian market by 6% year-on-year in H1 2019, to 14.1 million tonnes. Gasoline and diesel deliveries increased by 4.2% and 7.8%, respectively. From January to June, the Company sold 2.6 million tonnes of motor fuel within the major trading session on the…
Moscow – PhosAgro (MOEX/LSE ticker: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces its operating results for 2Q and 1H 2019. Overall output of phosphate-based and nitrogen-based fertilizers in 2Q increased by 6.4% and 3.9% year-on-year respectively, while sales declined by 3.9% year-on-year to 2.2 million tonnes. PhosAgro’s production and sales…
TVEL JSC and Czech national power company ČEZ a.s. have signed a contractual document for introduction of the new VVER-440 fuel modification RK 3+ at Dukovany NPP. Within accomplishment of this engineering project, the new fuel will undergo a number of pre-irradiation tests, and their results would make a validation for the following licensing of…
The core catcher, one of the most important safety components of the power plant, is delivered to the construction site. 29 July 2019, Büyükeceli, Mersin Province, Turkey – The first large-sized cargo for the Unit 1 – the core catcher – has been delivered at the Akkuyu NPP construction site. This equipment, which shall be…
July 29, 2019 Severstal Digital LLC (a division of PJSC Severstal) has developed a neural network to detect surface defects in Metal Processing Shop No. 2 (TsOM-2), which produces flat rolled products at the Cherepovets steel mill (CherMK). The Company has already launched a pilot project to confirm the model’s accuracy as one of the…
Moscow – Russia’s largest mineral fertilizer distribution network PhosAgro-Region (a PhosAgro subsidiary) increased the total volume of mineral fertilizer sales to Russian agricultural producers by 14.3% year-on-year to 1.65 million tonnes in 1H 2019. Sales of PhosAgro mineral fertilizers to the domestic market increased by 17.4% year-on-year to 1.4 million tonnes in 1H 2019, while…
TVEL JSC has supplied to China a batch of Russian-made equipment for VVER fuel fabrication at Yibin plant (Sichuan province), an enterprise of China National Nuclear Corporation’s nuclear fuel division. The consignment includes three installations for production of fuel rods, in particular, a welding complex, a rod geometry control system and VVER fuel rod lacquering…
July 25, 2019 PAO Severstal, one of the world’s leading steel and steel-related mining companies, announces that it has completed the sale transaction of Mini-Mill Balakovo to Abinsk Electric Steel Works LTD. The consideration of the transaction is $215 million. The sale of Mini-Mill Balakovo will enable Severstal to focus fully on steel production at…
Verkhnechonskneftegaz JSC, a subsidiary of Rosneft Oil Company, has extracted the 70-millionth tonne of oil at the Verkhnechonskoye oil and gas field. Its 400 wells ensure the daily output of approximately 21,500 tonnes of oil. The pilot operation at the field started in 2005, and since 2008 the Verkhnechonsk oil has been delivered through the…
Two expeditions have started on the Arctic license areas of Rosneft Oil Company as part of the Company’s polar bear research programme. The use of Russian ultra-light amphibian aircraft will provide for surveying the previously unexplored remote areas. The total length of the air survey routes will exceed 4,000 km. Specialists from the Severtsov Institute…
The Bashneft Oil Refining Complex (a subsidiary of Rosneft Oil Company) has launched the commercial production of high-octane gasoline, RON-100, under its own technology. The start-up of the new product was achieved due to the implementation of the upgrading programme at the Ufa Oil Refining Complex as part of the Rosneft-2022 Strategy. RON-100 gasoline is…
uly 23, 2019, Büyükeceli, Province of Mersin, Turkey – Director General of Rosatom Atomic Energy Corporation Alexey Likhachev and the Minister of Energy and Natural Resources Fatih Dönmez held a working meeting at the construction site of the Akkuyu nuclear power plant in the Turkish province of Mersin. The parties acknowledged the progress of the…
Director Gerenal of Rosatom State Corporation A.E. Likhachev has sent his condolences to the members of the Secretariat of the International Atomic Energy Agency (IAEA) in connection with the death of the Agency’s Director General Yu. Amano. It reads as follows: “On behalf of Rosatom State Corporation and personally, I offer deep condolences in connection…
TVEL Fuel Company of Rosatom has signed the contract for nuclear fuel supply to the future power units 7 and 8 of Tianwan NPP with Suneng Nuclear Power Corporation and China Nuclear Energy Industry Corporation acting as the customers (both companies are subsidiaries of China National Nuclear Corporation, CNNC). The Contract signing ceremony took place…
The 23rd Session of Chinese-Russian Nuclear Subcommittee took place in Nizhny Novgorod on 19 July within the framework of the Committee on preparation of regular China-Russia summits. Zhang Kejian, Chairman of the China Atomic Energy Authority, and Aleksey Likhachev, ROSATOM Director General, are the Committee Cochairmen. The Session participants summarized the year outcomes of the…
News from projects and regions July 19, 2019, 13:15 Photos On July 18, the Astrakhan State Art Gallery named after Pavel Dogadin launched the anniversary season of the art project named ‘Museum Courtyard 2019’ in Astrakhan. Since its creation, the project, which unites admirers of music, painting, literature and art of declamation, has attracted about eight thousand Astrakhan citizens of all…
July 19, 2019 PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, today announces its Q2 & H1 2019 financial results for the period ended 30 June 2019. CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2019 $ million, unless otherwise stated Q2 2019 Q1 2019 Change,…
News from projects and regions July 18, 2019, 14:45 Photos On July 12–14, a tourist convention for the youth organized by the employees of Gazprom Transgaz Saratov on the occasion of the company’s 55th anniversary took place at the children’s summer camp named after Yuri Gagarin in the Engels District of the Saratov Region. The event brought together over 200 participants, including the company’s…
Rosneft specialists, together with the Conservation Society and the Wildlife Research, for the first time in Russia have developed special toys for polar bears under the Company’s care in all zoos of the country. In order to diversify the habitats of Arctic predators in their zoo houses, 64 toys were made of especially strong plastic…
A presentation of the unique Russian-British Britten-Shostakovich Festival Orchestra has taken place in London, the formation of which was inspired by the friendship of two great composers of the 20th century—Dmitry Shostakovich and Benjamin Britten. The initiative is supported by Rosneft Oil Company and BP as part of the UK-Russia Year of Music. The BSFO…
OMZ-SPECIAL STEEL (St.Petersburg) and ENERGOMASHSPETSSTAL (Kramatorsk) have produced the first forgings for reactor vessels for Units 7 and 8 of Tianwan NPP (China). The Units are being constructed with technical assistance of ASE (Engineering Division of ROSATOM). According to Alexey Bannik, ASE Vice president for Сhina projects, “these events signal the commencement of production of…
Release July 16, 2019, 18:50 Photos The Silk Way International Rally 2019 came to a close today in the city of Dunhuang, China. The gas-powered KAMAZ crew led by Sergey Kupriyanov finished among the top five in the truck category. The category featured 15 trucks produced by domestic and foreign companies, such as KAMAZ, GAZ, MAZ, Renault, HINO, DAF, and IVECO. The KAMAZ truck was the…
Background Gazprom Geologorazvedka is a wholly-owned subsidiary of Gazprom engaged in the whole range of exploration activities aimed at prospecting for new onshore and offshore hydrocarbon fields and deposits in the Russian Federation, as well as follow-up exploration and pre-development of reserves in the existing fields. The company’s key objective is to replenish the resource base of the Gazprom Group. Gazprom Georesource is a wholly-owned subsidiary of Gazprom. The company is the chief…
Background Gazprom Transgaz Ufa is a wholly-owned subsidiary of Gazprom. It performs gas transmission within the Republic of Bashkortostan. The company operates some 5,000 kilometers of gas trunklines. Gazprom Transgaz Ufa’s 16 branches include 9 gas pipeline operation centers, 12 compressor workshops, 82 gas compressor units, and 146 gas distribution stations. An environmental management system certified to ISO 14001:2015 is adopted at the company. Gazprom Transgaz Ufa has about 5,000 employees…
July 15, 2019 PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, has published its Corporate Social Responsibility and Sustainable Development Report for the year ended 31 December 2018 on the Company’s corporate website. The full report is available at: https://www.severstal.com/files/28593/CSR_SD_Report_2018_EN.pdf
Paris, July 10, 2019 – ROSATOM and the Commissariat for Atomic Energy and Alternative Energy Sources (CEA) signed the Implementation Plan for the Strategic Document on Russian-French Partnership in the Field of Peaceful Use of Atomic Energy. On the Russian side, the document was signed by Alexey Likhachev, the Director General of ROSATOM, from the…
Background Gazprom Dobycha Astrakhan is a subsidiary of Gazprom focused on prospecting, exploration and development of hydrocarbon fields. The Levoberezhnaya part of the Astrakhanskoye gas and condensate field with an area of 1,360 square kilometers has been in operation since 1986. The field produces formation fluid with a high content of sulfur (25 per cent) and carbon dioxide (15 per cent). The company has around 300 wells of various use, hundreds…
July 12, 2019 PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its operational results for Q2 2019. Q2 2019 GROUP HIGHLIGHTS Hot metal output declined q/q in Q2 2019 to 2.30 mln tonnes (Q1 2019: 2.36 mln tonnes) due to short-term maintenance works…
Paris – PhosAgro CEO and head of the Russian Fertilizer Producers Association Andrey Guryev took part in a meeting of world chemistry leaders organised on the sidelines of the 47th World Chemistry Congress hosted by the International Union of Pure and Applied Chemistry (IUPAC). In addition to Guryev, the heads of other industry leaders also…
Moscow, 11 July – ROSATOM and the Ministry of Energies of the Plurinational State of Bolivia signed a Memorandum of cooperation in the field of developing industrial projects and research in the lithium industry. The document was signed by Alexey Likhachev, Director General of ROSATOM, from the Russian side, and Rafael Alarcón Orihuela, Minister of…
The AB1 recoverable oil reserves of the Russkoye field have increased 8% following exploration work carried out by Tyumenneftegaz, a petroleum production company belonging to Rosneft. The increase in the hydrocarbon potential of the project became possible thanks to the performance of 3D seismic and the drilling of three prospecting and exploration wells and 164…
Paris – UNESCO Director-General Audrey Azoulay together with PhosAgro CEO and member of the Commission of the Russian Federation for UNESCO Andrey Guryev discussed prospects for continuing successful cooperation. During the meeting at UNESCO headquarters in Paris, which is the venue for events marking the centennial of the International Union of Pure and Applied Chemistry…
Moscow, 9 July – Yesterday, at the 15th session of the Lao-Russian Intergovernmental Panel on cooperation in trade, economy, science and technology, the Ministry of Energy and Mines of the Lao People’s Democratic Republic (Lao PDR) and ROSATOM signed two memorandum of understanding. The first document defines the areas of cooperation in education and personnel…
Specialists from RN-Purneftegaz, a subsidiary of Rosneft, have implemented modern technology that improves well productivity and extends production period. The development is based on the use of directed gas-dynamic effects on the bottomhole formation zone. As a result of pilot tests, the volume of additional oil production at four inclined injection wells amounted to 1,500 tons since…
TVEL JSC has supplied a batch of nuclear fuel for the China Experimental Fast Reactor (CEFR). The fuel assemblies were manufactured at Machine-building Plant in Elekrostal, Moscow region, which is the only one uranium fuel manufacturer for fast neutron reactors in the world. The fuel has been supplied under the contract between TVEL JSC, China…
Release July 6, 2019, 18:00 Irkutsk hosted the opening of the Silk Way International Rally 2019. Gazprom is a general partner in the project. This year, the race will traverse Russia (Eastern Siberia), Mongolia, and China. A sports truck powered by natural gas is participating in the rally as part of the KAMAZ-Master team. The crew of the gas-fueled KAMAZ consists of Sergey Kupriyanov (pilot), Alexander Kupriyanov (navigator), and Akhmet Galyautdinov…
The Partnership verification held by the World Association of Nuclear Operators (WANO) has been successfully completed at the Balakovo NPP. Such missions are initiated by nuclear power plants all around the world in order to advance their safety and reliability. This was the fifth partnership verification for the Balakovo NPP, with the preceding ones taking…
News from projects and regions July 5, 2019, 12:45 On July 4, the results of the activities held as part of the Green Spring 2019 national environmental cleanup were summarized at Gazprom Transgaz Tomsk. The company implemented 99 environmental initiatives, and over 2,000 employees took part in the events organized within the Green Spring action. All 14 regions where Gazprom Transgaz Tomsk is present…
Release July 4, 2019, 15:10 Sergey Kupriyanov has been appointed Head of Department 106 – Press Secretary to Chairman of the Gazprom Management Committee, effective July 9, 2019. Sergey Kupriyanov has been employed with Gazprom since 2003. In his previous post at the Company, he served as Press Secretary to Chairman of the Management Committee – Deputy Head of Department 106. Alexander Bespalov, former Head of Department 106, has…
Rosneft published Sustainability Report following the results of 2018. The Report was prepared in accordance with the sustainable development reporting standards of the Global Reporting Initiative (GRI standards) to be able to focus on the most significant areas of sustainable development as seen by the stakeholders. The report contains a number of topics related to…
July 3, 2019 PAO Severstal announces that it has signed an agreement to purchase a share in a joint venture (JV) with Germany’s Linde AG. The JV produces coil-wound heat exchangers for use at medium-scale and large-scale LNG plants. Upon completion of the transaction Severstal will control a 26% stake, and Linde a 74% stake…
Release July 1, 2019, 19:05 Rustem Usmanov has been appointed Director General of Gazprom Transgaz Kazan. Rustem Usmanov was born in 1969 in Ufa. He graduated from Ufa Petroleum Institute, majoring in Design, Construction and Operation of Gas & Oil Pipelines and Gas & Oil Storage Facilities, and earned a management degree from the All-Russian Distance-Learning Institute of Finance and Economics. He has a PhD…
On June 28, 2019, loading of additional cobalt absorbers into Unit 3 reactor started at Smolensk NPP. This is the final stage of primary loading in Rosenergoatom’s large-scale project envisaging commercial production of cobalt-60 (Co-60) that is highly demanded on the international market. Co-60 isotope manufacturing project at Smolensk NPP was launched in September 2017,…
On June 24-28, a delegation comprising representatives of TENEX participated in the international conference “Management of Spent Fuel from Nuclear Power Reactors – 2019” (Vienna, Austria), held under the slogan “Learning from the past, enabling the future” organized by the International Atomic Energy Agency. The Company’s specialists presented reports on various aspects of the back-end…
TVEL Fuel Company of ROSATOM and Czech research center Řež (Centrum výzkumu Řež s.r.o.; CVŘ) have signed an agreement on cooperation in materials science studies and research. On the grounds of the agreement, Czech scientists will provide experiments on irradiation of nuclear construction materials in the CVŘ research reactor and also accomplish pre-irradiation and…
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Release June 28, 2019, 17:00 Photos The Gazprom Board of Directors formed the Audit Committee. The Committee is made up of Mikhail Sereda and two independent directors Viktor Martynov and Vladimir Mau, with Viktor Martynov as Chairman. The Board of Directors also formed the Nomination and Remuneration Committee. Mikhail Sereda was appointed as Chairman, with Viktor Martynov and Vladimir Mau as members. Information Directorate, Gazprom Related news
Release June 28, 2019, 16:45 Photos The annual General Shareholders Meeting of Gazprom made decisions on the following agenda items. The Meeting approved the Company’s 2018 Annual Report and Accounting (Financial) Statements. It was resolved to allocate the Company’s profit based on the results of 2018. The Meeting approved the dividend amount: RUB 16.61 per share based on Gazprom’s operating results in 2018 (more than double the amount for 2017). The dividend…
Release June 28, 2019, 13:40 Photos The annual General Shareholders Meeting of Gazprom was followed today by a meeting of the Company’s newly elected Board of Directors. The meeting resolved to elect Viktor Zubkov as Chairman of the Gazprom Board of Directors. Alexey Miller, Chairman of the Gazprom Management Committee, was named as Deputy Chairman of the Company’s Board of Directors. Information Directorate, Gazprom Related news
The Russian Culture Festival sponsored by Rosneft Oil Company is taking place in the cities of Japan. The Festival in Tokyo has already featured the opening ceremony for the First Museum of Russian Contemporary Realistic Art. Also during the Festival, which will last until December 15, 2019, people will see performances by the Mariinsky Theatre…
June 28, 2019 Annual General Shareholders Meeting Strategy for excellence Dear shareholders, The in-depth materials on Gazprom’s performance in 2018, which have been prepared for the annual General Shareholders Meeting, include the Annual Report, the Accounting (Financial) Statements, the Audit Commission’s Report, and other documents. [embedded content] It is proposed that the Shareholders Meeting approve: the 2018 Annual Report of Gazprom; the 2018…
Background The Gazprom Group implemented the Grozny TPP construction project in the framework of the capacity supply agreement system, as stipulated in the Russian Government’s Order No. 238-r dated February 16, 2015, and Order No. 2636-r dated November 28, 2017. The Group’s CSA-based program envisages, inter alia, the construction and upgrading of generating facilities with the aggregate capacity of about 9 GW,…
Rosenergoatom JSC (part of the Power Division of ROSATOM) has obtained a license to operate nuclear installation of the floating nuclear power plant (FNPP) The Akademik Lomonosov for 10 years, until 2929. The license was issued by the Federal Environmental, Industrial and Nuclear Supervision Service (Rostechnadzor). General Director of Rosenergoatom Concern JSC Andey Petrov noted:…
Release June 28, 2019, 10:20 Photos Gazprom’s annual General Shareholders Meeting opened today in St. Petersburg. Shareholders from Russia and a number of foreign countries are taking part in the Meeting in person, via their representatives, and in absentia. As of June 3, 2019, the list of persons eligible to take part in the Shareholders Meeting included 472,162 accounts with a total of 23,468,757,524 shares. The Gazprom Board of Directors resolved…
Moscow – Andrey Guryev, the CEO of PhosAgro and Head of the Russian Fertilizer Producers Association (RFPA), has been unanimously elected as Chairman of the Russia-Brazil Business Council. He replaces VEB.RF Deputy Chairman Sergey Vasiliev, who had headed up the Council since 2009. Established in 2004, the Council’s main objectives are the development of business…
Representatives of leading investment companies visited production facilities of Rosneft Oil Company in Eastern Siberia. The event was attended by more than 30 analysts from global investment banks (including Bank of America Merrill Lynch, Morgan Stanley, Goldman Sachs, UBS, Credit Suisse, JP Morgan) and portfolio managers from investment funds (including Capital, HSBC Global AM, AIG…
Moscow, Russia, 26th June 2019 – ROSATOM, the global technological leader in high-performance clean energy solutions, has today officially launched a series of events to mark the birth 65 years ago of Russia’s nuclear energy industry including the 65th anniversary of the world’s first nuclear power plant in Obninsk (Kaluga Region). ROSATOM’s CEO Alexey Likhachev…
TVEL JSC and Haykakan Atomayin Electrakayan CJSC (Armenian NPP) have signed contractual documents for supplies of Russian nuclear fuel in 2019 – 2020. Earlier, in compliance with the relevant documents signed in 2017, a stock of fresh nuclear fuel was formed at the site of the power plant. “The latest supplement to the general contract…
The Hungarian delegation headed by Mr. János Süli, Minister without Portfolio for maintaining the capacity of the Paks NPP paid a working visit to the Belarus NPP on June 24, 2019. Hungarian experts take interest in construction of the NPP in Belarus due to the fact that the Paks-2 NPP units are expected to be…
Release June 25, 2019, 14:45 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Pekka Lundmark, President and CEO of Fortum, took place in St. Petersburg today. The parties discussed the issues related to their bilateral cooperation, including joint efforts in the field of power generation. Background Fortum is a Finnish energy concern that owns 29.5 per cent of TGC-1 (part of the Gazprom Energoholding…