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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Public Joint Stock Company Rosneft Oil Company    ROSN

PUBLIC JOINT STOCK COMPANY ROSNEFT OIL COMPANY

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Rosneft Oil : RN-Uvatneftegaz Plants 600,000 Saplings of Siberian Pine

11/23/2020 | 06:17am EST

RN-Uvatneftegaz Company, part of Rosneft Oil Company's upstream complex, planted 600,000 saplings of Siberian pine in the south Tyumen region in autumn 2020. The area of forestation surpassed 280 hectare.

Planting of forestry crops was performed in 29 large areas in the south of the region intended for forest recreation work.

The pine planted by the upstream enterprise is a valuable wood species. Its seedlings were raised in a nursery garden up to a size of 15 centimeters at which their root system shows high survivability in the region's conditions.

To achieve the best performance and the strategic goal in environmental protection, defined in the Rosneft-2022 Strategy, the Company improves approaches to environmental management, increases the scale of environmental measures and the necessary investments for these purposes. RN-Uvatneftegaz implements key programmes aimed at rational use of associated petroleum gas, increasing the reliability of pipelines, effective water resources management and management of wastes, soil reclamation, and environmental assessment.

Traditionally, the employees of RN-Uvatneftegaz take part in 'Day of Forest Planting', 'Let's Save the Forest' and 'Green Spring' nationwide Russian environmental campaigns, as well as perform landscape gardening at the oilfield sites. In spring the oilmen planted 6,500 pine seedlings in Tyumen's suburbs. Children of employees also take part in environmental campaigns.

Note for Editors:

RN-Uvatneftegaz LLC performs exploration and development of a group of fields at the Uvat district of the Tyumen region. The Uvat project is one of high-priority ones for Rosneft's operations. It includes 19 license blocks with a total area of more than 26,000 square kilometres.

Rosneft
Information Division
November 19, 2020

Disclaimer

OJSC Oil Company Rosneft published this content on 19 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2020 11:16:03 UTC


© Publicnow 2020
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Financials (USD)
Sales 2020 78 125 M - -
Net income 2020 -5,08 M - -
Net Debt 2020 54 824 M - -
P/E ratio 2020 -103x
Yield 2020 0,66%
Capitalization 65 966 M 65 966 M -
EV / Sales 2020 1,55x
EV / Sales 2021 1,27x
Nbr of Employees 335 000
Free-Float 11,2%
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Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 6,89 $
Last Close Price 6,94 $
Spread / Highest target 16,6%
Spread / Average Target -0,73%
Spread / Lowest Target -35,2%
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Managers and Directors
NameTitle
Igor Ivanovich Sechin Deputy Chairman, President & CEO
Gerhard Schroeder Chairman
Petr Ivanovich Lazarev Finance Director
Artur Matthias Warnig Deputy Chairman
Robert W. Dudley Non-Executive Director
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