News

  • Website to be Updated

    Rusneftegaz can announce that we plan to revitalize our current website and online presence, with the results expected to be unveiled this summer. Concurrently, we can also disclose that we have appointed Mikhail Kuznetsov as our Director of Information Technology, who has been selected to develop and build a new website for our organization in conjunction with with his newly-hired assistants. foremost, he brings to us a wealth of experience in digital media, having previously completed freelance work for a number of companies in both Russia and abroad. Regarding his new role, Kuznetsov said: 

    “I am delighted to have been appointed here. Rusneftegaz is an exciting company with big ambitions, both in Russia and in terms of their planned growth internationally. I am fully committed to ensuring my mission is achieved in the months ahead. I aim to bring fresh innovation to the digital communications of the company, ensuring the potential that the digital world can have on their commercial performance is fully realized.” 

    Since his appointment at the end of last year, Kuznetsov and our managers have jointly conducted a review into all of our existing online operations. Consequently, a user-focused strategy has been finalized, and a comprehensive plan has been developed to fundamentally enhance our digital offering. In response to these proposed changes, Director of Operations Igor Migunov said: 

    “My colleagues and I have previously reviewed a number of ways to enhance the user experience of the Rusneftegaz website, and now believe that the development of a new website with Mikhail Vladimirovich and his team can become a key part in the advancement of our ambitions for the future.” 

    Therefore, a new website will primarily be aimed at educating the wider public regarding our current and future activities, and also providing a greater quantity of corporate and production information. These improvements are intended to increase transparency and offer greater clarity and disclosure in respect of our undertakings. We intend to make further announcements with respect to this update in due course, and necessitate your cooperation and understanding whilst these changes occur.

  • Production Data for the Fourth Quarter

    Rusneftegaz can announce production results for the fourth quarter of the year as of and for the three months ended 31 December. These were prepared in accordance with all relevant standards but have not been externally audited. The full results are available to review via the associated section of our website:

    Oil and Gas: 

    • The total oil production during the period was 1.430.232 barrels. 
    • The average daily production of oil was 15.546 bpd (barrels per day). 
    • The peak daily production through the month was 16.070 bpd. 

    Electricity:​ 

    • The total amount of electricity produced was 3,88 TWh. 
    • At the end of the reporting period, we maintained a power generation capacity of 1.860 MW. 
    • The installed capacity utilized during the period was 94,5%. 

    The details in this article are current at the date of this report and are believed by Rusneftegaz to be accurate and true. All information is disclosed as a summary and does not purport to be entirely complete. The material published is derived from our internal operational reports, with the data that these documents are reliant upon obtained from sources believed by our management to be reliable. However, our organization cannot wholly guarantee the accuracy or completeness of such information and will not be held liable for any errors that have arisen, nor will any of our employees, directors, officers, agents, partners, subsidiaries, or affiliates.

  • Preliminary 2018 Calendar Published

    Rusneftegaz has published a preliminary calendar outlining the key events for the next fiscal year, wherein the disclosure of our consolidated financial statements on 3 April 2018 serves as the primary highlight of what promises to be a pivotal year for our company. Immediately following this announcement, our Annual General Meeting is scheduled to convene later in the same week, providing us with the opportunity to engage in discussions with our key stakeholders regarding both our immediate and long-term plans. Currently, this particular conference is expected to be held on 6 April 2018, although it is important to note that this date is subject to change. In accordance with our established practices, we shall continue to report our comprehensive quarterly production data approximately four weeks after the conclusion of each period. However, it is essential to acknowledge there may be discrepancies between the time that this information is provided to relevant parties, and when this is subsequently uploaded onto our website. 

    ​Furthermore, it should also be noted that our ability to address nonessential inquiries, including those received via email and telephone, will be constrained in the next few weeks due to the staff vacations scheduled during the Christmas and New Year period. This disruption, which is set to occur between 25 December 2017 and 9 January 2018, will affect our administrative functions exclusively, leaving our major corporate operations unaffected. Thus, it is essential to promptly forward any correspondences to us prior to this to ensure a timely response. It is, however, worth noting that all messages received during this period will be closely monitored and responded to if necessary. At the conclusion of this timeframe, we will strive to address all pending communications within one working day in conjunction with our affiliates and subsidiaries, as we collectively manage the challenges posed by this holiday. The full provisional calendar can be accessed in its entirety on our official website, and although the dates mentioned above may be subject to change at the discretion of the board, we believe that any such revisions are improbable. Should there be any queries concerning this announcement, we kindly urge those affected to submit to contact us through the usual channels at the earliest convenience. This is predominantly to guarantee a response before our capacity to do so becomes limited as a result of these vacations. We greatly appreciate your cooperation and understanding regarding this relevant topic. 

  • 2017 Annual Awards Ceremony Held

    At the end of what has been a bountiful year for Rusneftegaz, the staff and dignitaries associated with our organization joined together to celebrate our achievements at our annual awards ceremony in Moscow, which was held on Friday last week. As an entity, we do our utmost to recognize the individuals who have been instrumental to our success, whether that is the technicians and engineers who are deployed out on site, or anyone who works for us in an administrative capacity. In spite of the fact that fact the considerable rate of growth we have registered can be attributed to a multitude of different factors, of which all our employees made vital contributions, our performance has also been bolstered by rising commodity prices, in conjunction with higher production volumes over the duration of the past twelve months. At the conclusion of was a thoroughly enjoyable night, our Deputy Chief Executive Officer, Aleksandr Filyurin, issued this statement in response:  

    “The board and I would firstly like to congratulate all the winners for their outstanding work this year. We had a lot of nominations to review this time, but as one of the judges, I think we chose well in the end. We would also like to place on record our thanks to all our staff who have helped us make this year one of the best in our history. When we first arrived here two-and-a-half years ago, it was obvious to us that we needed to do something to reverse the malaise that had set in at Rusneftegaz, and that is why we devised a strategy that we think will make this company more competitive. To speak directly, there was no ambition here, we just seemed to be waiting for someone to come along and buy all our assets. That is why I am proud of everyone here, no one had to listen to us or accept ideas, but they did. And now, we are now one of the most ambitious companies in the country, and I think that we have a very bright future ahead of us because of it.” 

    ​Overall, the major award of the evening was bestowed upon Aleksandr Ignatov, who was named as our employee of the year for his notable efforts after unexpectedly undertaking the roles of his two direct superiors for four weeks. Although it was not the intention of our leadership to allow this to happen, our esteemed colleague was content to do so and ably managed the situation. Following his brief tenure in management, he has not only since been promoted, but also received a significant financial bonus for his work for that period. Similarly, our prize for young employee of the year was given to Vladimir Lagunov, who successfully demonstrated all the skills he acquired during a critical incident that occurred at one of our more remote sites earlier this year, despite a severe injury he suffered and his inexperience in the field. Whilst these are only two of the impressive stories that have emerged from our business in the past twelve months, there have been countless more tales of individual accomplishment that warrant recognition throughout this timeframe. Because of this, we are incredibly grateful for all that our personnel do to ensure the prosperity of this enterprise, and hope that it continues long into the future.

  • Production Data for the Third Quarter

    Rusneftegaz can announce production results for the third quarter of the year as of and for the three months ended 30 September. These were prepared in accordance with all relevant standards but have not been externally audited. The full results are available to review via the associated section of our website: 

    Oil and Gas: 

    • The total oil production during the period was 1.512.664 barrels. 
    • The average daily production of oil was 16.442 bpd (barrels per day). 
    • The peak daily production through the month was 17.104 bpd. 

    Electricity:​ 

    • The total amount of electricity produced was 2,18 TWh. 
    • At the end of the reporting period, we maintained a power generation capacity of 1.860 MW. 
    • The installed capacity utilized during the period was 53,1%. 

    The details in this article are current at the date of this report and are believed by Rusneftegaz to be accurate and true. All information is disclosed as a summary and does not purport to be entirely complete. The material published is derived from our internal operational reports, with the data that these documents are reliant upon obtained from sources believed by our management to be reliable. However, our organization cannot wholly guarantee the accuracy or completeness of such information and will not be held liable for any errors that have arisen, nor will any of our employees, directors, officers, agents, partners, subsidiaries, or affiliates.