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Tatneft' PAO (OAOFY.PK)

OAOFY.PK on OTC Markets Group

44.97USD
13 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Tatneft 9-month oil output up 2.6 pct versus year ago‍​
Friday, 6 Oct 2017 09:21am EDT 

Oct 6 (Reuters) - TATNEFT ::9-MONTH OIL OUTPUT OF 21.7 MILLION TONNES, UP 2.6% VERSUS YEAR AGO‍​.  Full Article

Tatneft sees EBITDA for tire manufacturing business at RUB 14.5 bln by 2025
Thursday, 28 Sep 2017 08:54am EDT 

Sept 28 (Reuters) - TATNEFT :SAYS SEES VOLUME OF TIRE SALES BY 2025 AT 16.2 MILLION TIRES, EBITDA AT RUB 14.5 BILLION FOR TIRE MANUFACTURING BUSINESS BY 2025.  Full Article

Tatneft becomes a constituent of FTSE4Good Emerging Index
Wednesday, 13 Sep 2017 02:47am EDT 

Sept 13 (Reuters) - TATNEFT ::SAYS IT IS INCLUDED IN FTSE4GOOD EMERGING INDEX.  Full Article

Russia's Tatneft says Q2 net profit down 26.5 pct q/q
Friday, 25 Aug 2017 06:37am EDT 

Aug 25 (Reuters) - Russian oil producer Tatneft said on Friday::Net profit fell 26.5 percent quarter-on-quarter to 26.15 billion roubles ($442.13 million) in the second quarter of this year;.Revenue for the period totalled 152.30 billion roubles, down 8.5 percent quarter-on-quarter;.Earnings before interest, tax, depreciation and amortization (EBITDA) fell 25.5 percent to 38.7 billion roubles..  Full Article

Tatneft July oil output at 2.4 mln tonnes
Friday, 4 Aug 2017 09:19am EDT 

Aug 4 (Reuters) - TATNEFT ::JULY OIL OUTPUT AT 2.4 MLN TONNES, FLAT VS YEAR AGO.7-MONTH OIL OUTPUT 16.8 MLN TONNES, UP 0.5 MLN TONNES VERSUS YEAR AGO.  Full Article

Tatneft plans to double output of hard-to-extract oil in 2017
Tuesday, 1 Aug 2017 05:09am EDT 

Aug 1 (Reuters) - :Tatneft <<>> says that it almost got rid of the need to buy imported equipment for production of hard-to-extract highly-viscous oil and plans to almost double production of this oil type in 2017.Western sanctions, introduced in 2014, limited supply of equipment for hard-to-extract and offshore reserves to Russia .Tatneft says that it was able to find necessary technologies for extraction of highly-viscous oil, resources of which in Tatarstan amount to more than 1.4 billion tonnes.Company plans to invest 20 billion roubles in extraction of highly-viscous oil in 2017-2018 in addition to 62 billion roubles already invested earlier.Tatneft plans to produce 1.5 mln tonnes of highly-viscous oil in 2017.  Full Article

Tatneft Group produces 2.4 mln tonnes of crude oil in June
Wednesday, 5 Jul 2017 08:20am EDT 

July 5 (Reuters) - TATNEFT :SAYS ENTERPRISES OF TATNEFT GROUP OF COMPANIES PRODUCED 2,362,200 TONNES OF CRUDE OIL IN JUNE.  Full Article

Tatneft acquires stake in AK Bars Bank
Tuesday, 27 Jun 2017 11:40am EDT 

June 27 (Reuters) - TATNEFT PAO ::SAYS IT ACQUIRED 17.327% STAKE IN AK BARS BANK .PREVIOUSLY the COMPANY HAD NO DIRECT STAKE AND INDIRECTLY HELD 8.618 PCT STAKE IN AK BARS BANK .  Full Article

Tatneft revises oil output plan to 28.9 mln tonnes in 2017 - Interfax
Friday, 23 Jun 2017 05:07am EDT 

June 23 (Reuters) - TATNEFT :REVISES OIL OUTPUT PLAN TO 28.9 MILLION TONNES IN 2017 - INTERFAX CITES COMPANY HEAD NAIL MAGANOV.PREVIOUS PLAN ASSUMED OUTPUT AT 29.3 MILLION TONNES - INTERFAX‍​.  Full Article

Russia's Tatneft says Q1 net profit doubles year on year
Thursday, 8 Jun 2017 06:00am EDT 

June 8 (Reuters) - Russian oil producer Tatneft says::Q1 net profit at 35.6 billion roubles ($625.2 million) versus 17.6 billion roubles in Q1 2016;.Q1 revenue at 166.4 billion roubles vs 121 billion roubles in Q1 2016..  Full Article

Innovate, cut costs: how a Russian oil firm navigates global supply curbs

ALMYETYEVSK, Russia, Aug 9 A global deal cutting crude output has forced mid-sized Russian oil company Tatneft to curb flows at some fields, leaving it with lower revenues but little relief from maintenance and running costs. Its response: innovation.

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