Friday 29 July 2016
 
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Rosneft

Rosneft eyeing key Iran energy projects

Russian oil producer Rosneft is interested in oil and gas projects in Iran, the RIA news agency quoted Russian energy minister Alexander Novak as saying on Saturday. It is too early to talk about any concrete plans as Iran has not

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Oil below $37 as record US inventories overshadow freeze plan

Oil fell further below $37 a barrel on Wednesday as US crude stockpiles rose to a new record, underlining the extent of a supply glut and countering support from producer efforts to tackle it. Crude inventories rose by 10.4 millio

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Golden age of Opec has passed: Rosneft CEO

The Golden Age of the Organization of the Petroleum Exporting Countries (Opec) to keep oil markets balanced passed when the group decided not to cut production in November last year to end a price rout, the chief executive of Russian oil major

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Essar, Rosneft to sign major energy deal

India's Essar Group will sign a long-term crude oil import deal with Russia's Rosneft during President Vladimir Putin's visit to New Delhi on Thursday, government and industry sources said. "Essar will sign an MoU

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Essar, Rosneft to sign major energy deal

India's Essar Group will sign a long-term crude oil import deal with Russia's Rosneft during President Vladimir Putin's visit to New Delhi on Thursday, government and industry sources said. "Essar will sign an MoU

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Rosneft discovers offshore Arctic oil with Exxon

Russia's top crude oil producer Rosneft said on Saturday it had made an oil discovery jointly with ExxonMobil at an offshore Arctic field, which has been at the centre of controversy due to Western sanction against Moscow. How

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Rosneft to buy 30pc stake in Norway firm

Russia's top crude oil producer Rosneft will sell drilling rigs to Norway's North Atlantic Drilling (NADL) in return for shares in the firm, going ahead with an earlier agreed deal despite sanctions over Ukraine. Rosneft a

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Rosneft, BP ink oil exploration deal

Rosneft and BP have signed an agreement to jointly explore for hard-to-recover oil in Russia, the first major deal for the state-run oil company since the West imposed sanctions on Moscow. Rosneft chief executive Igor Sechin, a cl

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Russia mulls Rosneft stake cut

Russia could reduce its stake in oil producer Rosneft this year, bringing forward a privatisation that had been scheduled for 2016, the economy minister was quoted as saying yesterday. Business daily Vedomosti had reported last we

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Rosneft inks record $270bn China oil deal

Russia's Rosneft has agreed a $270 billion deal to double its China oil supplies as the Kremlin energy champion shifts its focus to Asia from saturated and crisis-hit European markets. The deal, one of the biggest ever in the

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