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 …
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 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 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 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 …
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 has increased its imports of Russian crude despite EU efforts to end ties to Russian energy
As the European Union prepares a full-scale embargo on Russian oil imports, EURACTIV …
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. 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 …
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 …
Last year, Rosneft launched Vostok Oil - the largest hydrocarbon production project in the global oil and gas industry
Russia’s government is considering the issue of the possibility of Rosneft’s pipeline gas supplies to Europe, Kremlin Spokesman Dmitry Peskov told reporters on Tuesday. "Indeed, the issue is under consideration at the …
The Russian oil and gas company "Rosneft" expects that by the end of the first half of 2022 the world oil price could reach $120 per barrel. This was announced by Otabek Karimov, Vice President for Commerce and Logistics of the …
Russia's aim to be carbon neutral by 2060 -- announced by President Putin in the run-up to the COP26 climate meeting -- will require a huge restructuring of its economy, which is today heavily dependent on oil and gas revenues
Russia's largest oil producer Rosneft asked President Vladimir Putin to allow it to export 10 billion cubic metres of gas per year via an agent agreement with pipeline gas exporting monopoly Gazprom, Kommersant daily said on Friday. …
Russia regards its Arctic oil and gas development in the same way that the U.S. saw its shale oil and gas sector around 20 years ago, which is a truly game-changing opportunity to alter the balance of power in the world’s hydrocarbons markets
The Azerbaijani state oil company SOCAR has become an export operator of Rosneft's oil products to Ukraine, the corresponding contract has already been signed with the Russian side, the Ukrainian newspaper Enkorr reported citing market …
Moscow’s multi-year push to reduce Russia’s exposure to the dollar hit a major milestone as the share of exports sold in the U.S. currency fell below 50% for the first time, Bloomberg writes. Most of the slump in dollar use came from Russia’s trade with China, more than three-quarters of which is now conducted in euros, according to central bank data published late Monday. The common currency’s share in total exports jumped more than 10 percentage points to 36%, the data for the fourth quarter show
The growing number of Western countries aiming for net-zero emissions by 2050 and the U.S. Administration’s drive to limit oil and gas extraction on federal land and waters are likely to benefit the biggest oil firms in Russia and Saudi oil giant Aramco, analysts and portfolio managers told Bloomberg, Oil Price informs. While major developed economies are vowing to ‘build back greener,’ the world will still run on oil, and the beneficiaries, at least in the short term, will be the oil firms in countries that haven’t pledged net-zero targets and whose major oil companies are doubling down on oil production
