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
The European Commission has decided to grant an extension of the deadline for the divestment of Fortis' corporate banking business, consisting of Hollandsche Bank Unie N.V. (HBU), two corporate client departments, 13 "Advieskantoren" and ABN AMRO's Dutch factoring activities to Deutsche Bank.
more »
MEPs will vote on an emergency plan to help the crisis-stricken sector dairy sector on Thursday after the Agriculture Committee approved the Commission's proposal on Monday evening in Strasbourg.
more »
The EBRD is boosting competition in the Montenegrin retail sector with a loan to expand the supermarket network of one of the leading retailers in the country.
more »
Redmond, Wash. — Oct. 16, 2009— On Oct. 19, Microsoft CEO Steve Ballmer heads to the sold-out Microsoft sharepoint Conference in Las Vegas where he will address more than 7,000 sharepoint customers, partners and developers.
more »
Proposals tabled for collaboration on sea surveillance, bigger EU role in global maritime affairs and sustainable fishing.
more »
$50 million financing package for agricultural commodities operator.
more »
Seeking to increase sheet-metal production volumes, Stansefabrikken decided to move all company’s production from Lillesand (Norway) to Stansefabrikken’s successfully operating factories in Lithuania.
more »
The European Economic and Social Committee (EESC) and the European Commission Representation in Finland jointly organise a conference in Helsinki on 22 and 23 October on "The Baltic Sea Region: the best place to work and do business".
more »
Why did economy rise drastically turn into painful decline and what price will every of us have to pay for that?
more »
The economies of central and eastern Europe are expected to contract by an average of 6.3 per cent in 2009 following steep output declines in the first half of the year.
more »