post-image

Microsoft stock price: NAKD shares up for fourth day as Nikita shares up by 2,000 point

Information

Nikita Kudryavtsev, chairman of Russian state-owned oil giant Rosneft, said on Monday that the company is expecting an output increase of 7.6 billion cubic meters (bcm) in 2019.

Nakd shares, which had fallen more than 15 percent on Monday, rose 2,300 points to 11,826.20 rubles ($2,769.50) on Nasdaq.

Kudryanov said Rosneftegaz is in the process of completing a joint venture with oil company Rosnefer to produce shale gas in the Russian Arctic.

Rosneft, the country’s state oil company, has been exploring the region for shale gas and oil since the 1990s.

Tags:
, , , ,