Materials tagged
«management»
Gazprom Neft’s net profit reaches ₽117.7 billion in 2020
... environment notwithstanding Adjusted EBITDA * was ₽485.2 billion in 2020 Net profit has been positive since Q2, reaching ₽81.5 billion in Q4 2020, a three-fold increase on Q3 The Company has maintained its conservative approach to liquidity management, maintaining an optimum debt burden Gazprom Neft (the “Company”) today has published its IFRS consolidated financial statements for the 12 months and fourth quarter (Q4) ended 31 December 2020 (FY 2020). FY 2020 revenues totalled ₽2 trillion,...
Gazprom Neft Board of Directors reviews the company’s strategic development
The Gazprom Neft Board of Directors has reviewed and taken note of information on the implementation of the company’s development strategy to 2030. Adopted by the Board of Directors in November 2018, Gazprom Neft’s current development strategy outlines the company’s key strategic objectives to 2030, and the means of achieving these, consistent with new challenges and recent changes in the global economy. Oil-industry trends in 2020 have been impacted by reduced demand and lower prices for oil and...
Gazprom Neft’s Board of Directors reviews the interim results of the company’s 2020 investment programme
The Gazprom Neft Board of Directors has reviewed the interim results of its 2020 investment programme, the company’s budget for 2020, and future plans. Gazprom Neft’s total 2020 hydrocarbon production is expected to reach 95.7 million tonnes of oil equivalent (mtoe). Provisional estimates indicate annual refining volumes of 40.1 million tonnes, and sales of premium petroleum products at 23 million tonnes. The challenging macroeconomic situation resulting from the COVID-19 epidemic, lower oil prices...
Gazprom Neft receives highest CDP Climate Change score among Russian oil & gas companies
... At the same time, we have set ambitious goals and believe that there is still a lot we can achieve in this area. The Company will continue to focus on improving the environmental safety of its operations.” Alexander Dyukov CEO and Chairman of the Management Board, Gazprom Neft
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 ...