Below is a summary of the main energy-related events in Russia, the CIS and neighboring countries on November 24, 2005
* Russian state-owned oil major Rosneft reported the following 1H05 results and announced future plans:
- Half-year net profits were up 7.2 times and stood at $2.4 billion
- Total debt declined 7.5% to $18.6 billion year-on-year in January-June under U.S. GAAP reporting standards and is expected to fall to $10.5-$11 billion by the end of the year
- US GAAP revenue increased by 330% in the first half of 2005 to $9.9 billion
- The company has not sold crude oil on the domestic market since August
- Outside directors may be added to its management board in 2006
* The State Duma, Russia's lower chamber of parliament, will consider a bill on removing the "ring fence" share regime allowing greater foreign ownership of the company on Friday
* The Latvian Foreign Ministry said Mikhail Yefimov, a vice president of embattled oil major Yukos, had asked for political asylum in Latvia
* The Russian Ministry of Natural Resources cited subsidiaries of oil major Sibneft, owned by energy giant Gazprom, for violating production license terms in north Siberia
* The Russian Federal Nuclear Energy Agency said the country's nuclear industry would need $32 billion in investment over the next 15 years
* Russian state-owned company TVEL, a nuclear fuel and uranium producer, said Russia should increase its annual uranium production nearly twofold from the current 3,200 metric tons to 7,500 metric tons by 2020
* Oil collected while mitigating the consequences of the Wednesday leak from the oil pipeline in the Kemerovo Region in West Siberia is to be sent for refining
* Azerbaijan's statistics committee said the country had produced 17.7 million metric tons of oil in January-October, a 37.7% year-on-year growth
* Seventy-four villages remain without energy supply in the Novgorod Region in Russia's Northwestern Federal District after a snowstorm.
