Ryazan Oil Refining Company (a part of Rosneft Group) has started production of RON-95-K5 Euro 6 high-octane gasoline with improved environmental and performance characteristics. Sales of the improved-quality gasoline began at Rosneft fuel filling stations in the Ryazan region. In the nearest future, residents of the Tula and Kaluga regions will also be able to…
Moscow – The Board of Directors of PhosAgro PJSC (“the Company”; Moscow Exchange, LSE ticker: PHOR) approved the leadership and composition of its committees at a meeting held on 24 May. The Strategy Committee and Risk Management Committee will be chaired by Independent Director Sven Ombudstvedt. Independent Director Marcus Rhodes was once again elected Chairman…
May 29, 2019 PAO Severstal announces that the Company’s organizational structure has been reconfigured to support its updated strategy and ensure it consistently delivers an excellent customer experience. Based on agile business principles, all of the Company’s production and “selling” divisions now fall under two streams – upstream and downstream, for which common business goals…
Listen to audio For Gazprom’s Press Conferences audio broadcast please dial: +7 495 719-35-77 (Russian) +7 495 719-30-00 (English) Materials May 28, 2019, 02:30 pm (Moscow time) [embedded content] Participants: Vitaly Markelov, Deputy Chairman of the Management Committee, Gazprom; Elena Burmistrova, Deputy Chairman of the Management Committee, Gazprom; Director General, Gazprom Export; Sergey Menshikov, Member of the Management Committee, Head of Department, Gazprom; Vyacheslav Mikhalenko, Member…
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Sibneftegaz JSC celebrates the 25th anniversary of its operation. This is one of the key gas-producing subsidiaries of Rosneft Oil Company with the accumulated output exceeding 118 billion cubic metres. At the moment, the entity produces approximately 12 bcm annually. In order to expand its production, Sibneftegaz carries out the construction of major production facilities:…
On the 23rd of May 2019 in Moscow Deputy Director General for International Relations of ROSATOM Nikolai Spasskiy held a meeting with Minister of Transport, Communications and High Technologies of the Republic of Azerbaijan Ramin Guluzade. President of Rusatom – International Network A.A. Merten, President of JSC Rusatom Overseas E.M. Pakermanov and Chairman of CJSC…
Specialists from RN-Purneftegaz LLC, a subsidiary of Rosneft, have developed and tested an innovative anti-icing technology for oil production units. The novel solution’s feature is the use of an exothermic heating device—a chemical heater consisting of a heating cartridge and a cover that is worn on a well casing or a pipeline section. Exothermic heaters…
Moscow – PhosAgro (“PhosAgro” or “the Company”) (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that its Board of Directors has elected Independent Director Xavier Rolet as its Chairman. The Board of Directors also re-elected as its Deputy Chairman Andrey G. Guryev, Vice President of the Russian Union…
25 th May 2019, St. Petersburg. With the ceremonial launch of the nuclear-powered arctic ice breaker ‘Ural’ today, Russia’s nuclear energy giant, ROSATOM, has completed another step towards ensuring all-year round navigability of the Northern Sea Route (NSR). The 173 metre-long ‘Ural’ is equipped with two highly efficient and compact RITM-200 nuclear reactors on board,…
Moscow – The Annual General Meeting of shareholders (AGM) of PhosAgro (“the Company”) (Moscow Exchange, LSE: PHOR) has approved a final dividend payment for 2018 of RUB 6.6 billion, which represents RUB 51 per ordinary share (RUB 17 per GDR) from undistributed net profit for 2018. The dividend record date was set as 10 June…
During an official visit of President of the Republic of Congo Denis Sassou Nguesso, on May 23, 2019 in Moscow the Intergovernmental Agreement concerning the cooperation in the field of the peaceful use of atomic energy was signed. Director General of ROSATOM Aleksey Likhachev signed the document for the Russian party. For the Republic of…
Release May 24, 2019, 13:45 Oleg Vakhovsky has been appointed Director General of Gazprom Transgaz Surgut. Oleg Vakhovsky was born in 1971 in Artyomovsk, Donetsk Region. He graduated from the Gubkin State Academy of Oil and Gas, majoring in Oil and Gas Field Development and Operation, and received an MBA in Human Resource Management from the Academy of National Economy under the Government of the…
Listen to audio For Gazprom’s Press Conferences audio broadcast please dial: +7 495 719-35-77 (Russian) +7 495 719-30-00 (English) Materials May 22, 2019, 02:30 pm (Moscow time) [embedded content] Participants: Gennady Sukhov, Member of the Management Committee, Head of Department, Gazprom; Sergey Gustov, Director General, Gazprom Mezhregiongaz.
Moscow – PhosAgro (“the Company”) (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically-integrated phosphate-based fertilizer producers, welcomes the final decision taken at the level of the European Parliament and the European Council to limit the sale of phosphate-based fertilizers containing high levels of heavy metals everywhere in the EU from 2022 and to…
MOSCOW, May 22, 2019 – ROSATOM and the Ministry of Science and Technology of the Socialist Republic of Vietnam signed a Memorandum on the implementation of Centre for Nuclear Science and Technology (CNST) in Vietnam. The document was signed by the Director General of ROSATOM Alexey Likhachev and the Minister of Science and Technology of…
Moscow – PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, has been informed by its shareholder Igor Antoshin about a transaction with the Company’s shares. Following the transaction, Mr Antoshin’s total stake in PJSC PhosAgro’s authorised capital amounts to 6.15% (7,962,529 voting shares). As a result, the Company’s…
Release May 21, 2019, 19:10 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in Moscow today. The parties reviewed current areas of cooperation. Among other things, the meeting participants discussed the ongoing exports of Russian gas to Austria, noting that gas exports to the country continue to grow in 2019 and the…
Novosibirsk Chemical Concentrates Plant (NCCP, an enterprise of TVEL Fuel Company of Rosatom) has successfully completed the final inspection of the initial loading fuel batch for Unit 2 at Belarus NPP, which is under construction in Ostrovets, Grodno region, Republic of Belarus. A batch of 152 fuel assemblies for VVER-1200 reactor was fabricated at NCCP…
Rosneft and more than 80 subsidiaries took part in Green Spring, the Russia-wide environmental volunteer clean-up. Throughout the month, the Company’s employees were participating in environmental campaigns: they were cleaning the area of garbage, planting trees, engaging in the development of urban areas and manufacturing sites. Overall, more than 930 hectares were cleaned, which is…
Rosneft and more than 80 subsidiaries took part in Green Spring, the Russia-wide environmental volunteer clean-up. Throughout the month, the Company’s employees were participating in environmental campaigns: they were cleaning the area of garbage, planting trees, engaging in the development of urban areas and manufacturing sites. Overall, more than 930 hectares were cleaned, which is…
Rosneft launched the information system Digital Field in trial operation. This project, implemented based on the Bashneft Ilishevskoye field, for the first time in the industry covers all basic processes of oil production and logistics. The opening ceremony dedicated to the launch of innovative system was attended by Chairman of the Board of Bashneft, Andrei…
Listen to audio For Gazprom’s Press Conferences audio broadcast please dial: +7 495 719-35-77 (Russian) +7 495 719-30-00 (English) Materials May 20, 2019, 02:30 pm (Moscow time) [embedded content] Participant: Denis Fyodorov, Head of Directorate, Gazprom; Director General, Gazprom Energoholding. 222
On May 18, 2019, Leningrad NPP II Unit 2 under construction has started one of the key operations of the year, i.e. flooding of process systems with the unsealed reactor. The first (passive) stage was carried out using pressurizer and four accumulators of the emergency core cooling system (ECCS) which had been previously filled with…
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Background Vasily Dinkov (1924–2001) was an eminent figure in the history of the Russian fuel and energy complex. He served as Minister of the USSR Gas Industry in 1981–1985 and as Minister of the USSR Oil Industry in 1985–1989. Gazprom secured the subsurface use licenses for the Rusanovsky and Nyarmeysky licensed blocks in 2013. Since then, 3D seismic surveys covering 5,790 square kilometers have been carried out within…
On 17 May, a contract for engineering survey to be undertaken at the NPP construction site was signed in Tashkent with a view of further NPP detail design development. The documents were signed by Otabek Amanov, NPP Construction Director, Uzatom, and Dmitry Ashanin, Deputy Director for Prospective Projects, Atomstroyexport (a company of ROSATOM engineering…
Release May 16, 2019, 22:00 The final round of the 8th corporate Fakel Festival run by Gazprom came to a close in Krasnaya Polyana, Sochi. Taking part in the Festival were delegations representing 39 subsidiaries of Gazprom from Russia, Belarus, and Kyrgyzstan, together with performers from CNPC (China). The total number of participants exceeded 1,600. The event was attended by foreign colleagues from Gazprom’s partner…
Moscow – PhosAgro (“PhosAgro” or “the Company”) (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, today announces its consolidated IFRS financial results for the three months (1Q) ended 31 March 2019. Revenue for 1Q 2019 rose by 32% year-on-year to RUB 72.3 billion (USD 1.1 billion). EBITDA increased by…
Moscow – The Board of Directors of PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, has recommended that the Extraordinary General Meeting of Shareholders (“EGM”) approve a dividend payment in the amount of RUB 9.3 billion, or RUB 72 per ordinary share (RUB 24 per Global Depositary Receipt)…
The official opening of the Nuclear Technology Information Center, a joint project of Uzatom and ROSATOM, took place in Tashkent on 15 May. Uzatom Director General Zhurabeck Mirzamakhmudov, ROSATOM Director General Alexey Likhachev, President of Uzbekistan Academy of Sciences Bekhzod Yuldashev, Russian Ambassador to Uzbekistan Vladimir Turdenev took part in the event as along with…
Rosneft Oil Company reviewed the results of the Rosneft United Research and Development Centre (RN-RDC). Since its foundation in 2016, RN-RDC has become Europe’s largest scientific oil and gas centre, the amount of work performed using its own resources has increased more than 2 times. At the moment, it includes 32 design and research institutes,…
Messoyakhaneftegaz, a joint venture of Gazprom Neft and Rosneft, produced the 10 millionth ton of oil. This target was reached in less than three years of operation of the East-Messoyakha field. During the period, over 300 production wells were built in the licence area. The total drilling rate exceeded 1.1 thousand km. The enterprise produces…
Watch Press Conference Listen to audio For Gazprom’s Press Conferences audio broadcast please dial: +7 495 719-35-77 (Russian) +7 495 719-30-00 (English) Materials May 14, 2019, 02:30 pm (Moscow time) Participants: Vitaly Markelov, Deputy Chairman of the Management Committee, Gazprom; Oleg Aksyutin, Deputy Chairman of the Management Committee, Head of Department, Gazprom; Sergey Menshikov, Member of the Management Committee, Head of Department, Gazprom; Vyacheslav Mikhalenko, Member…
In April 2019, TENEX together with JSC “SSC RIAR” and FSUE “PA “Mayak” won the tender for the “Development of Technologies for Retrieving Fuel Debris and Internal Structures (Development for Dust Collection System of Fuel Debris)” project which consists of research works on development of a system to collect the dust generated during the processing…
In April 2019, TENEX together with JSC “SSC RIAR” and FSUE “PA “Mayak” won the tender for the “Development of Technologies for Retrieving Fuel Debris and Internal Structures (Development for Dust Collection System of Fuel Debris)” project which consists of research works on development of a system to collect the dust generated during the processing…
Release May 12, 2019, 20:00 The opening ceremony for the final round of Gazprom’s 8th corporate Fakel Festival took place in Krasnaya Polyana, Sochi. The event brought together over 1,600 people representing 40 delegations from Russia, Belarus, Kyrgyzstan, and China. The Festival’s guests include delegations from Bolivia, France, Germany, Uzbekistan, and Vietnam. Over the course of three days, contestants…
On 16 May 2019, PhosAgro will publish its condensed consolidated IFRS financial statements for the three months ended 31 March 2019. The Company will hold a conference call and webcast the same day at 14:30 London time (16:30 Moscow; 09:30 New York). The call will be held in English, with simultaneous translation into Russian on…
Taas-Yuryakh Neftegazodobycha LLC, a subsidiary of Rosneft Oil Company, has set a new penetration record in Fishbone downhole splitter drilling. The total length of the horizontal wellbore exceeded the previous record by over 800 metres and reached 6,052 metres. This is the most extensive horizontal part of a downhole splitter onshore. The start-up oil rate…
May 6, 2019 PAO Severstal (the “Company”) one of the world’s leading vertically integrated steel and steel-related mining companies, announces that it has entered into a definitive agreement with Abinsk Electric Steel Works LTD for the sale of Mini-Mill Balakovo. The consideration of the transaction will be $215 million. The transaction is expected to complete…
On May 1, 2018, the power startup of the Novovoronezh NPP-2 (Novovoronezh city, the Voronezh Region, an affiliate of the Rosenergoatom Joint-Stock Company, a part of the Electric Power Division of the Rosatom State corporation) 2nd power block took place. The innovative 3+ generation VVER-1200 power block was synchronized with the grid and achieved the…
PJSC PhosAgro (Moscow Exchange, LSE: PHOR) (“PhosAgro”, the “Company”), one of the world’s leading vertically integrated phosphate-based fertilizer producers, hereby informs / notifies its shareholders that the Annual General Meeting of Shareholders is to be held on 24 May 2019, Form of the Extraordinary General Meeting: joint attendance of shareholders for discussion of the agenda…
News from projects and regions April 30, 2019, 15:10 On April 21, the 19th Plasticine Crow National Children’s Arts Festival concluded in Saransk with a big gala concert. The team of the Torbeyevskoye Gas Pipeline Operation Center, branch of Gazprom Transgaz Nizhny Novgorod, had taken part in the festival. The final round of the competition included 54 concert numbers by young performers aged between…
News from projects and regions April 29, 2019, 18:00 Photos On April 24 and 26, employees of the head office and branches of Gazprom Transgaz Tchaikovsky carried out a number of cleanup actions in Tchaikovsky as part of the Green Spring countrywide environmental cleanup. The cleanup was kicked off by the employees of the company’s culture and sports center. They cleaned Tchaikovsky Square, Sportivnaya Street, and…
Background Gazprom Transgaz Makhachkala is a wholly-owned subsidiary of Gazprom. It delivers gas to consumers in the Republic of Dagestan and other regions of the North Caucasus Federal District, as well as to Transcaucasian countries. The total amount of gas transmitted by the company annually exceeds 7 billion cubic meters. The company has 12 branches, including five gas pipeline operation centers, the Emergency Response and Repair Directorate, the Engineering & Technical Center, the…
ASE EC JSC (Engineering Division of ROSATOM) has been assigned the “Acknowledged Excellence” level by the accessors of European Foundation for Quality Management (EFQM). The certificate confirming the highest (5 star) level according to the criteria of Excellence Model of European Foundation for Quality Management (EFQM) was awarded today by Nikolay Akatov, the leading assessor…
Moscow – PhosAgro (MOEX/LSE ticker: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, increased fertilizer production volumes by 1.2% year-on-year to 2.3 million tonnes in 1Q 2019. Sales volumes for the same period grew by 5.2% year-on-year to 2.5 million tonnes. PhosAgro’s production and sales volumes are summarised in the tables below.…
In 1Q2019 Rosneft Aero, a subsidiary of PJSC NK Rosneft, increased its overwing fueling at Russian airports by 9.5% q-o-q to 458,000 tons. Overwing fueling operations grew by 13% and amounted to 50,700 in the reporting period. Rosneft Aero sold over 797 tons of aviation kerosene in the first three months of 2019, having increased…
A large consignment of germanium-76 isotope has been shipped to Germany under the contract between Isotope JSC and the Technical University of Munich. The batch was produced by PA Electrochemical Plant JSC (ECP, Zelenogorsk, Krasnoyarsk region; an enterprise of TVEL Fuel Company of Rosatom). Germanium-76 has been supplied for the joint international research collaboration LEGEND…
Rosneft Aero, a subsidiary of PJSC NK Rosneft, sold 20 mn tons of aviation fuel since the launch of its operating activities in 2008. The Moscow-London “Aeroflot” flight at Sheremetyevo airport marked the jubilee fueling. The total number of Rosneft Aero regular customers amounts to more than 100 airlines. The company provides overwing fueling at…
Release April 25, 2019, 15:35 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Wang Yilin, Chairman of the Board of Directors of CNPC, took place today in Beijing, China. The meeting participants reviewed the development prospects of the Chinese gas market and the strategic aspects of cooperation between Gazprom and CNPC, paying particular attention to gas supplies. It was noted that…
Takuya Hattori, senior advisor of Japan Atomic Industrial Forum, and also member of the International Expert Council of Rosatom visited Novovoronezh NPP. He was accompanied by representatives of Japanese companies related to nuclear power. Guests visited the Education and Training Center (ETC), the Main Control Room (MCR), the Turbine Hall of Unit №6. According to…
Release April 24, 2019, 16:25 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vasily Orlov, Governor of the Amur Region, took place today in Moscow. It was noted that the Amur Region is an area of strategic interest for Gazprom, as the Power of Siberia gas pipeline passes through its territory. The pipeline will start delivering gas supplies from Russia to China on December 1,…
Release April 24, 2019, 16:20 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ulf Heitmueller, Chairman of the Executive Board of Verbundnetz Gas (VNG), took place today in Moscow. The parties discussed their ongoing and future cooperation, in particular the interaction in the field of underground gas storage (UGS) in Germany. It was noted that the joint project for the development of the…
Release April 24, 2019, 15:30 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ruediger von Fritsch, Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to the Russian Federation, took place today in Moscow. The parties discussed issues related to cooperation in the gas sector. It was noted that Germany is the largest importer of Russian gas in the world. In 2018, Gazprom’s…
The joint Russia-IAEA Nuclear Energy Management School for Managers in Nuclear Organizations concluded in Sochi on April 19. The objective of the NEM School was to support middle-level managers and decision-makers in the nuclear sector in enhancing managerial and technical competencies that are essential for establishing or expanding national nuclear energy programmes. This year hit…
Murmansk, Russia – After a series of successful and comprehensive tests, including on its twin KLT-40 reactor system, the unique floating nuclear power unit (FPU) “Akademik Lomonosov” is ready to start commercial operations. The FPU’s reactors, No.1 and No.2, were successfully brought up to 100% capacity on the March 31. These tests confirmed the operational…
Murmansk, Russia – After a series of successful and comprehensive tests, including on its twin KLT-40 reactor system, the unique floating nuclear power unit (FPU) “Akademik Lomonosov” is ready to start commercial operations. The FPU’s reactors, No.1 and No.2, were successfully brought up to 100% capacity on the March 31. These tests confirmed the operational…
Specialists started to load dummy fuel assemblies (dummy FAs) into the reactor at Unit 1 of Belarus NPP (General Contractor and General Designer – ASE, Engineering Division of Rosatom State Corporation). This is one of the most important processes at the stage of the reactor plant preparation for the cold and hot run stage. Dummy…
Background Gazprom Dobycha Shelf Yuzhno-Sakhalinsk is a wholly-owned subsidiary of Gazprom focused on developing fields within the Kirinsky block, including the Kirinskoye and Yuzhno-Kirinskoye fields, as part of the Eastern Gas Program. By developing these reserves, the company will make a substantial contribution to meeting the energy demand of Russia’s Far East and creating opportunities for natural gas exports to Asia-Pacific. A subsea production system is used for the…