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RIA Novosti/Prime: "Oil Resource Group Plans to Go Public in 3-4 Years"
The trading group of companies "Oil Resource Group" plans to go public with an initial public offering (IPO) in three to four years, CEO Sergey Tereshkin told journalists.
The CEO of "Oil Resource Group," Sergey Tereshkin, spoke about the company's preparations for ...
Where is Tatneft investing?
Tatneft, one of Russia's leading oil and gas companies, increased investments to 263.3 billion rubles in 2023, allocating funds for field development, upgrading processing facilities, environmental projects, and digitalization. These investments help strengthen the country's energy security and ...
Key Requirements and Best Practices for a Successful IPO on the Moscow Exchange
... Russia's financial ecosystem, the expansion of the IPO market is of considerable importance. The introduction of new public companies on the Moscow Exchange boosts the competitiveness of the Russian market, making it more attractive to investors. I believe ... ... accessibility of financial markets will foster increased trust in them.
Practical Experience and the Future of IPO for Open Oil Market
In preparation for our IPO at Open Oil Market, we are executing a comprehensive set of measures aimed at establishing ...
Why are gasoline and diesel prices rising in the fall of 2024
... diesel.
An equally important factor is the lag in diesel price growth compared to the overall inflation rate. By November 11, 2024, cumulative inflation was 7%, while the retail price increase for diesel was 4.9% and for gasoline it was 8.7%.
Oil companies need to compensate for losses caused by forced downtimes, which led to a decrease in the production of petroleum products. According to Rosstat, total petroleum product production decreased by 2.4% year-on-year in the first nine months of 2024....
Where Does Transneft Invest?
... large-scale investments in Russia's transport infrastructure, allocating RUB 271.8 billion in 2023 to modernization and expansion of pipeline networks, export projects and environmental initiatives. The company aims to improve the reliability and safety of oil transportation by developing ports and introducing advanced digital technologies. These investments support the Russian economy and create long-term prospects for investors, strengthening the company's position as a reliable supplier of hydrocarbons ...