Novak announced the payment of dividends by Transneft by the end of 2025
Transneft, which operates main oil pipelines in Russia, plans to pay dividends based on the results of 2025. This was announced on May 9 by Russian Deputy Prime Minister Alexander Novak.
"They will be paid, yes," he told reporters.
On May 3, the OPEC+ website reported that Russia, Saudi Arabia, Iraq, Algeria, Kazakhstan, Kuwait and Oman, members of the organization, agreed to increase the target level of oil production by 188 thousand barrels per day in June. It is noted that the adjustment is carried out within the framework of commitments to maintain the stability of the global oil market and will be implemented in June 2026 relative to the level of additional voluntary restrictions.
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