News: ANK Bashneft' OAO (BANE.MM)

BANE.MM on Moscow Interbank Currency Exchange

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19 Dec 2014
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Fri, Dec 12 2014

Bashneft sale unlikely in next 3 yrs - state property agency head

MOSCOW, Dec 12 - The sale of oil producer Bashneft , seized by the state this month, is unlikely to happen in the next three years unless the market improves, the head of Russia's state property management agency said on Friday.

Russia's Surgut, Rosneft ex-CEO firm deny interest in Bashneft

MOSCOW - Two Russian oil firms ruled themselves out on Thursday of buying the country's sixth-largest oil producer, Bashneft , suggesting that the company may remain under state control for some time.

Russia's Sistema says transfers Bashneft shares to state

MOSCOW, Dec 9 - Russian conglomerate Sistema has transferred its ownership in mid-sized oil producer Bashneft to the state to comply with a court ruling, which at the time caused an outcry in the Russian business community.

UPDATE 1-Russia's Timchenko says has "no interest" in buying Bashneft

MOSCOW, Dec 9 - Russian businessman Gennady Timchenko said on Tuesday he was not interested in buying mid-sized oil company Bashneft and would not be interested in doing so in the future.

Russia's Timchenko says has 'no interest' in buying Bashneft

MOSCOW - Russian tycoon Gennady Timchenko said on Tuesday he was not interested in buying mid-sized oil company Bashneft and would not be interested in doing so in the future.

Russia's Sistema to review portfolio after 'challenging' year

MOSCOW - Russian conglomerate Sistema is reviewing its costs, portfolio of investments and future plans, it said on Thursday, after a drop in profits and a "challenging" year that saw the state seize its majority interest in oil firm Bashneft.

UPDATE 1--Russia's Sistema to review portfolio after "challenging" year

* CEO says reporting period "most challenging" (Recasts, adds detail, CEO quotes)

BRIEF-Russia's Sistema says not to appeal against Bashneft court ruling

Nov 12 - Aktsionernaya Finansovaya Korporatsiya Sistema OAO

UPDATE 1-Russia keeps oil output near high despite sanctions, low prices

* October's 10.6 mln bpd near post-Soviet record 10.63 mln

UPDATE 3-Russia wins court approval to seize Bashneft from tycoon Yevtushenkov

* Kremlin has been gathering oil assets after privatisation

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