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RussNeft Turns Large-Scale Investments to Social Projects in Chechnya.

RussNeft is turning about $12 million to the implementation of social projects in the Republic of Chechnya in the framework of the cooperation agreement with the administration of the Republic, as Prime-TASS was advised at the administration of the Republic.
24.05.2005 "Prime-TASS"

Oil Production in Penza Region to be Increased.

On May 5 at the regional government of Penza there was held a meeting of Governor Vasily Bochkaryov and Russneft President Mikhail Gutseriev, coming to Penza on a one-day visit. The parties discussed the activity of Russneft’s affiliate NGDU Penzaneft OAO.
06.05.2005 "Regnum"

RussNeft’s Penza affiliate to Increase Oil Production.

Yesterday in Penza there was held a meeting of Governor Vasily Bochkaroyv and RussNeft President Mikhail Gutseriev, coming to Penza on a one-day visit. The parties discussed the activity of RussNeft’s affiliate NGDU Penzaneft OAO.
06.05.2005 "Neftegazovaya Vertical"

RussNeft to Boost Oil Output.

Before the end of this year RussNeft intends to boost the oil output over the Penza region in five times bringing it to 1 million tons of crude oil.
06.05.2005 "Vedomosti"

New Acquisitions of RussNeft.

According to the Fuel and Energy Complex Central Dispatcher Board, beginning from April RussNeft has been controlling the production of Multitype Company Aganneftegasgeologiya and Tomskaya Neft ZAO.
05.05.2005 "The Kommerant"