Russian state oil company Rosneft has become the new owner of Yuganskneftegaz by buying 100 percent of the shares of previously unknown Baikalfinansgroup
Published:
23 December 2004 y., Thursday
Russian state oil company Rosneft has become the new owner of Yuganskneftegaz by buying 100 percent of the shares of previously unknown Baikalfinansgroup, which had purchased the main subsidiary of Yukos in an auction, the Interfax news agency reported.
"Rosneft has bought 100 percent of the shares of Baikalfinansgroup," a spokesman for the company said, quoted by Interfax.
He said Rosneft's development projects included "the transformation of the company into a balanced national energy corporation through the development of the company's production facilities."
Rosneft, the last major oil company owned by the Russian state, is the seventh biggest group in the sector in Russia. It produced 19.4 million barrels of crude in 2003.
Šaltinis:
Agencies
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Statistics Lithuania has calculated that, based on provisional data, FDI in Lithuania in 2009 amounted by 5.3 % more than in 2008. Also, direct investment of Lithuanian enterprises abroad grew by 13.9 % in 2009.
more »
Concerns about foreign fish being sold in Europe and what to do about the future of Europe's fisheries industry were aired in a hearing held by the Fisheries Committee on 8 April.
more »
EU opens public debate on its agricultural policy, the prelude to a major reform in 2013.
more »
The European Commission today launched a €35 million call for eco-innovation projects to be funded under the Competitiveness and Innovation Programme.
more »
Bank SNORAS group company Finasta Holding recruits all funds management and investment companies of the group in the Baltic States.
more »
The European Central Bank (ECB) and the European Commission are jointly holding a high-level conference on financial integration and stability at the ECB’s premises in Frankfurt am Main.
more »
Today, the European Central Bank (ECB) is publishing its fourth Report on Financial Integration in Europe, which notes the return towards integration in the European financial markets.
more »
World Bank Group financial commitments since July 2008, just before the full fury of the financial crisis hit, reached US$ 100 billion today as the institution helped countries respond to and recover from the global downturn.
more »
On March 31, 2010, the Executive Board of the International Monetary Fund concluded the Article IV consultation with Serbia.
more »
The International Monetary Fund and the United Kingdom’s Department for International Development have launched a new project to improve macroeconomic statistics in 23 African countries. DFID will provide US$7.5 million over the next five years to support the project.
more »