Live Breaking News & Updates on Moscow Based Sova Capital|Page 1

Stay updated with breaking news from Moscow based sova capital. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Russia's Gazprom mulls higher gas prices for Europe as energy crisis deepens

Gazprom PJSC increased its 2021 price guidance for natural gas exports, while signaling caution on volumes it could ship, as Europe’s energy crisis worsens. ....

Olga Tanas , Dina Khrennikova , Mitch Jennings , Vladimir Putin , Elena Mazneva , Ildar Davletshin , Hwood Co , Moscow Based Sova Capital , Sova Capital , President Vladimir Putin ,

Lukoil Profit Unexpectedly Falls on Weak Refining, Trading

Lukoil Profit Unexpectedly Falls on Weak Refining, Trading
Bloomberg
3/10/2021
© Bloomberg
An OAO Lukoil gas station.
(Bloomberg) Lukoil PJSC unexpectedly reported lower fourth-quarter net income on weak refining and trading operations, but positive free cash flow means investors could be rewarded with the highest dividend yield among major Russian oil companies.
Popular Searches
The pandemic continued to put pressure on oil firms’ earnings late last year as soft demand narrowed margins from producing and selling fuels. But Russian companies remained committed to dividend payments in 2020 despite the hit from Covid-19 and output curbs as part of the OPEC+ deal.
In the fourth quarter, Lukoil’s “international trading operations, lower refinery throughput volumes, weaker refining and trading margins” offset higher crude production, growth in oil prices, ruble’s depreciation as well as an increase in international gas output, Russia� ....

Mitch Jennings , Kirill Bakhtin , Bloomberg Lukoil , Moscow Based Sova Capital , West Siberian , மிட்ச் ஜென்னிங்ஸ் , ப்ளூம்பெர்க் லுகோயில் , மாஸ்கோ அடிப்படையிலானது சோவா மூலதனம் , மேற்கு சைபீரியன் ,