RussNeft's RAS net profit for 9 months of 2023 amounted to ₽34.038 billion, up 3.3 times from ₽10.249 billion in the previous year. Revenue fell 27.8% to ₽168.98 billion against ₽233.94 billion a year earlier.

Production of Russneft for 6 months of 2023 amounted to 3.28 million tons, down 3.8% from 3.41 million tons a year earlier. Natural gas production decreased by 13.6% to 133 million cubic meters. Associated petroleum gas production amounted to 934 million cubic meters, down 1%. Decrease in production in the first half of the year was due to shutdowns of the l...

RussNeft adjusted its investment program and postponed implementation of promising projects due to the current situation on the oil market. The projects on development of Vostochno-Kamennoye oilfield and construction of oil treatment unit in the Ulyanovsk branch were suspended. By the end of the year, the company intends to build about 70 wells with addition...

RussNeft's IFRS loss for 6 months of 2023 amounted to ₽4.913 billion, against a profit of ₽30.636 billion in the previous year. Revenues halved to ₽91.947 billion versus ₽180.47 billion a year earlier.