Rosneft

Recent Articles

Russia's Rosneft Works On New Strategy, Plans To Hike Dividends
Thursday, June 22, 2017 Igor Sechin says the company is working on a new strategy to counter the challenges of the global oil market and plans to pay higher 2017 dividends.
Putin Asks Rosneft To Consider Paying 50% Of Net Profit In Dividend
Tuesday, June 20, 2017 Russian President Vladimir Putin has asked Igor Sechin, the head of Rosneft, to consider the possibility of paying 50% of net income in dividends.
Black Sea Diesel Plant Upgrade Delayed by a Year to 2019
Friday, May 19, 2017 Rosneft is building a new hydro-cracking unit at its refinery at the Black Sea port of Tuapse.
Rosneft Net Income Lower Than Expected, Hit By Stronger Rouble
Friday, May 05, 2017 Rosneft posts a worse than expected rise in first-quarter net income, hit by a stronger rouble despite higher output and crude prices.
Russian Oil Major Says US Shale Growth Imperils OPEC Deal
Monday, March 13, 2017 A recovery in US oil output may deter OPEC and non-OPEC producers from extending production cuts beyond June and might lead to a new price war, Rosneft says.
Russia's Rosneft Sees CAPEX At Around 1.1 trln Roubles in 2018
Monday, February 27, 2017 Russia's top largest oil producer Rosneft expects its capital expenditures at around 1.1 trillion roubles ($19 billion) according to the company's CFO Pavel Fedorov.
Russia's Rosneft, Libya's NOC Sign Oil Offtake Deal
Tuesday, February 21, 2017 Libya's National Oil Corporation (NOC) signs a crude oil offtake agreement with Russia's Rosneft as it looks to encourage foreign investment and bolster Libyan output.
Russia's Rosneft Starts Drilling First Exploration Well In Amazon
Thursday, February 16, 2017 Russian state oil firm Rosneft starts drilling its first exploration well in Brazil's Solimoes Basin.
Siberian Oil Giant That Bankrolled USSR May Gush Cash Again
Wednesday, February 15, 2017 Russia's largest oil field could be on the verge of gushing profits again for Rosneft PJSC.
Rosneft Says Sold Saras Stake In Part Because Of Sanctions
Wednesday, January 18, 2017 Rosneft says it sold its stake in Italian refiner Saras in part because sanctions prevented it from taking a controlling stake in the refiner.
Kremlin Says VTB Financing Rosneft Deal Not On Its Agenda
Tuesday, January 17, 2017 Russian state bank VTB financing the privatisation of Rosneft last year is a commercial issue which is not on the Kremlin's agenda, Kremlin spokesman Dmitry Peskov says.
Russia's Transneft and Rosneft Squabble Over Oil Contract Terms
Thursday, December 29, 2016 A longstanding dispute between Rosneft and pipeline monopoly Transneft flares again, with Russia's biggest oil producer holding out on signing a contract for 2017.
Putin Says Russia Received Glencore, Qatar Payment For Rosneft
Friday, December 23, 2016 The Russian state budget has received a payment from the Qatar Investment Authority (QIA) and commodities trader Glencore for a stake in oil giant Rosneft, President Vladimir Putin said on Friday.
Russia's Rosneft Opens Books For $486 Million In Domestic Bonds
Tuesday, December 20, 2016 Rosneft has opened books for a new issue of domestic rouble bonds worth 30 billion roubles ($486 million), a financial market source says.
Russia's Novak Says All Oil Firms To Cut Output Under OPEC Deal
Friday, December 16, 2016 All Russian oil companies, including champion producer Rosneft, have agreed to cut crude output under Moscow's agreements with OPEC, Russian Energy Minister Alexander Novak said on Friday.
Eni to Sell 30% Stake in Zohr to Rosneft
Monday, December 12, 2016 Eni has agreed to sell a 30% participating interest in offshore Egypt's Shourouk Concession, where the supergiant gas field Zohr is located, to Rosneft.
Glencore, Qatar Buy $11 Billion Stake in Russian State Oil Giant
Thursday, December 08, 2016 Commodity trader Glencore and Qatar's sovereign wealth fund agreed to buy a $11 billion stake in Russia's largest oil producer from the state.
Russia's Rosneft Offers $9.4B In Local Bonds And Eyes Egyptian Investment
Monday, December 05, 2016 Rosneft opened the books for a $9.4 billion bond sale to raise money for foreign projects, and said it was interested in an offshore concession in Egypt.
Russia's Rosneft Approves 1 Trillion Rouble Bond Program
Thursday, November 24, 2016 The board of Russia's largest oil producer Rosneft has approved a bond program worth 1.071 trillion roubles ($16.55 billion) for 10 years.
Kremlin Denies Media Report Putin Offered Lukoil A Stake In Rosneft
Thursday, November 17, 2016 President Vladimir Putin did not offer the head of Russia's second biggest oil producer Lukoil the opportunity to acquire a stake in Rosneft, a Kremlin spokesman said on Thursday.