Materials tagged
«management»
Gazprom Neft 9M 2020 net profit reaches RUB36.2 billion
... customers have a high level of protection against COVID-19. Gazprom Neft also continues to focus on sustainable development and joined the UN Global Compact in Q3 2020, which is a major milestone for the Company». Alexander Dyukov CEO and Chairman of the Management Board of Gazprom Neft Financial highlights 3Q 2Q ∆, % 9 months ∆, % 2020 2020 2020 2019 536,741 398,265 34.8 Revenue (RUB millions) 1,449,574 1,871,438 (22.5) 128,521 66,555 93.1 EBITDA (RUB millions) 276,452 555,253 (50.2) 147,252 ...
Gazprom Neft joins the United Nations Global Compact sustainable development initiative
... to the principles of sustainable development, and of Gazprom Neft’s commitment to maintaining openness and transparency, to promoting partnerships, and to sharing best practices with the international community.” Alexander Dyukov Chairman of the Management Board, Gazprom Neft
Gazprom Neft records net profit of RUB22 billion in 2Q 2020 (IFRS) and RUB8 billion net profit for H1 2020
... oil-contaminated fluid from the Amburnaya riverbed. The principles of sustainable development, including respecting the environment and the safety and wellbeing of our employees, remain the key focus for Gazprom Neft”. Alexander Dyukov CEO and Chairman of the Management Board, Gazprom Neft Financial highlights 2Q 1Q ∆, % 6 months ∆, % 2020 2020 2020 2019 398,265 514,568 (22.6) Revenue (RUB millions) 912,833 1,214,674 (24.8) 66,555 81,376 (18.2) EBITDA (RUB millions) 147,931 368,991 (59.9) 82,866 ...
Gazprom Neft’s Board of Directors assesses the economic impact of the company’s digital transformation
The Gazprom Neft Board of Directors has produced a summary outlining the results of the first year of the company’s digital transformation strategy — new technologies and changes in business processes having delivered a RUB7.2-billion economic benefit to the company, as well as improving operational performance. More than 150 new digital initiatives and 10 digital transformation programmes were launched by Gazprom Neft in 2019. Thanks to the “Digital Oil” project, in particular, the company achieved...
Gazprom Neft publishes its 2019 Sustainable Development Report
... real contribution to the broader development of society, as a whole. This goal is fully aligned to our company’s mission statement: ‘Evolving, to evolve the world. Creating, to be proud of our creations”. Alexander Dyukov CEO and Chairman of the Management Board, Gazprom Neft
Gazprom Neft holds Annual General Meeting of Shareholders
... investment programme. In spite of these issues, we continue to implement key upstream and refining projects, maintain our key areas of focus, and intend to continue our practice of paying interim dividends.” Alexander Dyukov CEO and Chairman of the Management Board, Gazprom Neft Gazprom Neft shareholders also confirmed the new composition of the Board of Directors, comprising 13 members, in addition to formally adopting the Company’s 2019 Annual Report and Accounts and considering a number of ...
Gazprom Neft publishes IFRS financial statements for Q1 2020
... the macroeconomic environment, Gazprom Neft continued to generate free cash flow, which totalled RUB22 billion in 1Q 2020. In Q1 2020, the Company maintained a low leverage, with a net debt to EBITDA ratio of 0.88x. The company further improved the management of its loan portfolio, with the average interest rate decreasing to 5.68% as at Q1 2020 from 6.18% as at the end of 2019. The average debt maturity increased from 3.18 to 3.58 years. Ruble loans now exceed 50% of the Company’s total loan ...
Gazprom Neft shareholders offered digital services for voting at this year’s Annual General Meeting
Voting on agenda items at this year’s Gazprom Neft Annual General Meeting of Shareholders (AGM) opened on 21 May 2020, with shareholders able to use digital services provided by the National Settlement Depository (NSD) and registrar services provider DRAGA. All ballots completed by shareholders by 6:00 pm on 10 June 2020 will be included in calculating results. Gazprom Neft shareholders will be able to acquaint themselves with AGM materials online, and vote on...
Gazprom Neft Board of Directors presented with the results of the company’s 2019 investment programme
The Gazprom Neft Board of Directors has reviewed the performance of the company’s investment programme, budget and borrowing programme in 2019. Gazprom Neft’s financial and operating results showed a positive trend in 2019. Hydrocarbon production volumes were up 3.5% y-o-y to 96.1 million tonnes of oil equivalent (mtoe). Refining volumes totalled 41.5 tonnes, with premium petroleum-product sales reaching 26.5 tonnes. The company’s 2019 net profit (IFRS) was up...
The Gazprom Neft Board of Directors recommends record dividend payments for 2019 at RUB37.96 per share
The Gazprom Neft Annual General Meeting of Shareholders will take place by absentee ballot on 11 June 2020 The Board of Directors recommends shareholders approve 2019 dividend payments of RUB37.96 per ordinary share — 26.5% up on 2018 The total accrued dividend for 2019 is expected to be in the order of RUB180 billion The Gazprom Neft Board of Directors has reviewed preparations for its Annual General Meeting of Shareholders (AGM). As approved by the Board of Directors, the AGM will take place...