News
To Live up to 100 Million Tons, promises Mikhail Gutseriev
President and co-owner of medium-scale oil company RussNeft Mikhail Gutseriev promises to transform it into an oil major with 100 million tons of annual oil production. And the time limit for this transformation has already been set, it’s “the whole life”.
RussNeft is Looking to a Quarter of Moscow’s Petroleum Products Retail Market
NK RussNeft OAO is planning to cover 25% of the petroleum products retail market in Moscow and its province within 3 years by increasing the number of its retail outlets from 102 currently to 200. According to AK&M, the information was given by RussNeft President Mikhail Gutseriev.
Both Off- & Onshore
Owner of RussNeft Mikhail Gutseriev who has recently bought three medium-scale refineries and thus completed vertical integration of his holding company is making grand plans for the future.
RussNeft OAO Anticipates $1billion Net Profit in 2006
Russneft OAO anticipates $1 billion net profit in 2006. The statement was made today by Russneft President Mikhail Gutseriev at a press-conference to cover the results of the company activity in the current year. At this he pointed out that according to the results of 2005 $700 million profit was anticipated.
TNK-BP to Export Crude Via Bryansk Oil Loading Rack of RussNeft
Beginning from January 2006 Company TNK-BP is going to export its crude oil via the oil loading rack of RussNeft in the Bryansk region, said President of the company Mikhail Gutseriev at a press-conference Monday.