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Nizhnevartovsk District, Khanty-Mansiysk Autonomous District. ОАО МPК Aganneftegazgeologia (a subsidiary enterprise of OAO NK RussNeft) has transferred more than 80000 rubles of financial assistance to people with disabilities, living in the Nizhnevartovsk District. Thus, the subsidiary has once again supported regional charitable event “Spiritual Wealth”.

Moscow. In 2012 RussNeft plans to pay off around $600 million - $700 million in debt, Mikhail Gutseriev, the President and co-owner of the Company, said. Now RussNeft debt, he said, is around $5 billion. RussNeft and Bashneft consolidation is a matter of time, he said, we need to size up situation after the elections, and to explore market.

Izhevsk. Belkamneft, a subsidiary enterprise of OAO NK RussNeft, has successfully fulfilled social obligations before Udmurt regions, investing in 2011 more than 12 million rubles in social and economic development.

Moscow. The State has different attitude towards private and state-owned oil companies, thinks the president and co-owner of RussNeft (PTC: RUSN) Mikhail Gutseriev. “From the point of view of the State, attitude to Gasprom neft (РТС: SIBN) and, let us say, Bashneft (РТС: BANE) will be entirely different”, - he said at the Forum “Russia 2012”, organized by Sberbank (РТС: SBER) and Troika Dialog.

Moscow. NK RussNeft (РТС: RUSN) in 2011 increased its net profit according to IRFS by 17% - up to $673 million, the company reports. RussNeft revenues increased by 23% and amounted to $5.536 billion. OIBDA indicator during the reporting period increased by 34% and reached $1.547 billion. The amount of debt has decreased by 15% - from $6.208 billion to $5.061 billion.