Rosneft approves record dividends for 2021
Russia's state-owned oil producer Rosneft has decided to issue out record dividends for 2021, the company announced on July 1.
The policy contrasts with that of Russia's state-controlled gas producer Gazprom, which said on June 30 it had decided against paying dividends for 2021, despite earning record profits that year. Rosneft will pay 441.5bn ($8.1bn) in dividends to shareholders, it said, amounting to half of its net income in 2021.
The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business.
While Gazprom's share price slumped after its dividend announcement, Rosneft's rose by 4.6%.