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“Commersant-Dengi”. Complexes of fuel and energy complex (abstract).
The second possible strategy is the wide use of mergers and acquisitions. With the help of this strategy Mikhail Gutseriev, former president of “Slavneft”, within just a year made his new company “RussNeft” one of the top ten oil producers in Russia.
“Company”. Business weekly magazine “Company” reports about rewarding ceremony of “Best Managers of the Year” premium.
In “Fuel and energy industry” nomination the winners are president of “RussNeft” Mikhail Gutseriev and president of “TNK-BP” Robert Dudley.
“Neft Rossiyi”. “RussNeft”: one-two-three and crowned”.
Everything that ancient Greek King Midas who once did the Greek Gods invaluable favor touched, turned into gold. Everything that former Vice-speaker of Russian Duma, former president of oil company “Slavneft” touches, turns into oil.
“RusEnergy.com”. Gutseriev bought six oil fields in Tomskaya oblast for a trifling sum.
Former president of “Slavneft” Mikhail Gutseriev continues to expand his company by buying new assets. This time he bought six oil fields in Tomskaya oblast for a trifling sum. It became possible because former owners of these fields had serious problems with local prosecutors office.
“Dengi”. “RussNeft” buys up oil producers.
It was announced last week that “RussNeft” purchased from companies affiliated with “TNK-BP” and American “Anderman/Smith” oil producing joint enterprise limited company “Chernogorskoye”, which operates in Khanty-Mansiysk region. This new acquisition will enable “RussNeft” to produce 7,5 million tones of oil per annum. At the same time, by the end of this year “RussNeft” plans to increase its production up to 10 million tones, that is why it carries on negotiations about buying a couple more oil producing companies. As far as “Dengi” is informed, “RussNeft” paid $60 mln for 100% shares of “Chernogorskoye”.