Russia sets record for oil exports to China
Russia's share in oil supplies to China reached a record 23% this year, making it the largest exporter to the country, Rosneft CEO Igor Sechin said.
Rosneft
Washington extends license to sell Lukoil foreign assets
The U.S. Department of the Treasury has issued a license for transactions for the sale of Lukoil's foreign assets until May 30, 2026, according to a statement by the Department of the Treasury’s Office of Foreign Assets Control (OFAC).
U.S. removes anti-Russia sanctions on Karachaganak
The United States has decided to exempt the Karachaganak field development project, the Caspian Pipeline Consortium (CPC) and Tengizchevroil from sanctions against Rosneft and Lukoil, according to General License No. 124B released by the U.S. Department of the Treasury.
India reviewing oil contracts with Russia - report
Indian refiners are reviewing bills of lading for Russian crude arriving after November 21 to make sure it is not coming directly from Rosneft or Lukoil, …
U.S. imposes sanctions on Lukoil and Rosneft
The United States imposed further sanctions on Russian oil companies, the U.S. Department of Treasury said in a press release.
Oil prices jump after U.S. sanctions Rosneft and Lukoil
Oil prices have jumped after the United States has sanctioned Russia’s two largest oil companies.
Rosneft and China agree on additional oil supplies via Kazakhstan
Russian oil major Rosneft and China signed an agreement on additional supplies of oil per year via Kazakhstan, Russian Energy Minister Sergey Tsivilyov said on the sidelines of the Eastern Economic Forum.
Russia to build up oil supplies to China
Russia is ready to increase oil supplies to China via Kazakhstan by 2.5 million tons, Russian Deputy Prime Minister Alexander Novak said. "This is a proposal from the Chinese side, and, accordingly, we are ready to …
SOCAR to cooperate with Rosneft
Rosneft continues to work on the Vostok Oil project, the company will be glad to see "its friends", including the Azerbaijani Socar, among the project participants, Rosneft CEO Igor Sechin said on Thursday at the 15th Verona Eurasian …
German city may cease to exist due to anti-Russian sanctions
Ursula Patz says that anti-Russian sanctions will imperil her city. “Sanctions that end up hurting you more make no sense. An oil embargo “won’t harm Russia — they’ll just sell the oil to someone …
Saudi firm invests more than $500 mln in Russian energy companies
Saudi company Kingdom Holding, which was founded by Prince Alwaleed bin Talal, invested more than $500 mln in Rosneft, Lukoil and Gazprom during the first quarter of this year, the Saudi firm said on Sunday. From February 22 to March 22 …
Rosneft sells stake in Georgia's Petrocas Energy
Rosneft has sold an asset in Georgia - the May 11, 2022 deal on the purchase and sale of a 49% stake in Petrocas Energy Group was closed on Monday. "As a result of the deal, Rosneft withdrew from its entire stake in Petrocas Energy …
India in talks to increase Russian oil imports
India is looking to double down on its Russian oil imports with state-owned refiners eager to take more heavily-discounted supplies from Rosneft PJSC, Bloomberg reported. State processors are collectively working on finalizing and …
Rosneft says it has no assets in Ukraine
Russia’s oil major Rosneft said on Sunday it has no assets on Ukraine’s territory. "The company was surprised to learn about the arrest of assets allegedly owned by Rosneft in Ukraine. We would like to inform that now …
Italy increases Russian oil imports
Italy has increased its imports of Russian crude despite EU efforts to end ties to Russian energy
The fossil fuel companies profiting from Europe’s oil trade with Russia
As the European Union prepares a full-scale embargo on Russian oil imports, EURACTIV …
Germany mulls nationalization of Gazprom, Rosneft units
The German economy ministry is considering expropriation of Gazprom and Rosneft units in the country amid concerns about security of energy supply, business daily Handelsblatt reported, citing government sources. The discussions between …
U.S. preparing sanctions against all state-owned enterprises in Russia
U.S. Senators Marco Rubio and Chuck Grassley have introduced the Halting Enrichment of Russian Oligarchs and Industry Allies of Moscow's Schemes to Leverage its Abject Villainy Abroad (HEROIAM SLAVA) Act, which would impose sweeping sanctions …
BP announces exiting Rosneft shareholding
Oil company BP said on Sunday that it will exit its 19.75% stake in Russian company Rosneft due to a Russian special operation in Ukraine. "The BP board today announced that BP will exit its shareholding in Rosneft. BP has held a …
Russia to reshape Europe's oil market
Last year, Rosneft launched Vostok Oil - the largest hydrocarbon production project in the global oil and gas industry
