Igor Sechin

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Russia's Rosneft to buy oil from Iraqi Kurdistan

Russia's Rosneft to buy oil from Iraqi Kurdistan

Russia's Rosneft and the regional government of Iraqi Kurdistan signed a three-year contract in London on the purchase of oil to deliver it to its refineries abroad, the Russian company said. "The off-take and supply of Kurdish …

Rosneft stake price sets records

Rosneft stake price sets records

Rosneft shares appreciated by 6.6% to 380 rubles per share on Thursday morning, following news of the privatization deal. Rosneft CEO Igor Sechin said at the meeting with the Russian President Vladimir …

Rosneft privatization deal is completed

Rosneft privatization deal is completed

The deal on privatization of shares in Russian oil major Rosneft is completed, Chief Executive Officer of the company Igor Sechin reported to Russian President Vladimir Putin on Wednesday, TASS reports. …

Russian oil firms discussed output cuts

Russian oil firms discussed output cuts

Russian companies support Energy Ministry proposals to cap oil output as part of a global deal, a ministry spokeswoman said on Wednesday as Moscow prepares to finalize the agreement with OPEC and other producer nations this weekend, Reuters …

Brent rises above $51

Brent rises above $51

According to the information of the today's trading, the prices for August futures of Brent crude oil broke the threshold of $51 per barrel and reached $ 51.07 on the ICE Exchange in London.  The head of Russia's top …

Sechin: period of sustained growth in oil prices close

Sechin: period of sustained growth in oil prices close

The head of Russia's largest oil producer Rosneft, Igor Sechin, said in an interview with Il Sole 24 that he expects the fight for global energy market share to intensify, therefore, the period of sustained …

 Sechin: Rosneft copes with market volatility

Sechin: Rosneft copes with market volatility

Rosneft CEO Igor Sechin told Russian President Vladimir Putin about the company's response to market volatility at a meeting. "Indeed, during the crisis associated with the fall in hydrocarbon …

Putin: privatization should be as transparent as possible

Putin: privatization should be as transparent as possible

"The implementation of state property privatization should be economically justified and appropriate. It is necessary to take into account the market situation and market trends... There should be no sale of shares for a pittance and for knock-down prices. …

Will Russian oil replace Saudi?

Will Russian oil replace Saudi?

As the result of 2015 Russia was the second country is respect of exportation of oil to China – 42.43 million tons of oil (the annual increase was 28%). The leading positions belonged to Saudi Arabia the last year, which  supplied …

Rosneft ready to invest in Iran’s oil projects

Rosneft ready to invest in Iran’s oil projects

Rosneft CEO Igor Sechin is on a working visit to Iran, the press service of the oil company said. "We can confirm that Igor Sechin is on a working visit to Iran," TASS cited the press service as saying. …

Sechin: Oil prices will start to increase in 2017

Sechin: Oil prices will start to increase in 2017

President of 'Rosneft' Igor Sechin stated that oil prices will begin to increase in the second half of 2017. Earlier, Russia's Finance Ministry reported that they consider a decline in world oil prices to 30 …

Sechin promises to be smart and flexible

Sechin promises to be smart and flexible

The company ‘Rosneft’ will act with flexibility and use ingenuity in order not to lose its position in foreign markets and implement new ways of marketing. This statement was made by the head of …

Sechin: US gains OPEC's role in oil market

Sechin: US gains OPEC's role in oil market

The OPEC passed the regulation of the world oil market to the United States, Rosneft CEO Igor Sechin said at the Russia Calling Investment forum.  Sechin highlighted that Saudi Arabia has entered the Polish market …