Rosneft's IFRS net income for 2024 amounted to ₽1.08 trillion, down 14.4% year-on-year due to higher debt financing rates, as well as non-cash factors, including exchange rate revaluation of foreign currency liabilities and the effect of changes in the income tax rate. Revenue grew by 10.7% year-on-year to ₽10.1 trillion.

Gas production at the giant offshore Zohr gas field in Egypt, where Rosneft's share in production is 17.6%, has started to recover. After a noticeable decline in 2023, last year the volume could grow by 12% to 25.5 bcm. Earlier, the Egyptian authorities promised to increase gas production by 2025, and the project operator, Italy's Eni, resumed drilling at th...

US sanctions were imposed on Vostok Oil LLC and its operator RN-Vankor. Restrictions also apply to Tagulskoye LLC, which controls the field of the same name, the Lodochnoye OGCF, the Vostochno-Pendomayakhsky and Gorchinsky blocks in the Krasnoyarsk region, and the Vostochno-Karkasny and Novogenniy blocks in the Yamalo-Nenets Autonomous District. All structur...

Shareholders of Rosneft Oil Company approved dividends for 9 months 2024 in the amount of ₽36.47 per ordinary share. The last day of purchase of securities to receive dividends is January 9, 2025. Dividend yield may amount to 6.29%.