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Recent Articles

Exxon Oil Rig Enters Uncharted Waters of Russian Political Storm
Monday, July 21, 2014 Exxon faces political dilemma as one of its rigs enters Russian Arctic waters.
Russia's Rosneft Says to Honor Agreements despite Sanctions
Friday, July 18, 2014 Russian oil producer Rosneft says it will continue to work on its existing projects and agreements despite US sanctions against the company.
BP Says New Sanctions on Russia Appear to Target Access to Markets
Thursday, July 17, 2014 BP studies latest sanctions against Russia over Ukraine and says they appear to focus on restricting access to US debt and equity markets.
Rosneft, Petrobras Sign Natural Gas Accord For Brazil's Amazon
Monday, July 14, 2014 NK Rosneft' AOA signs an agreement with Petrobras to seek ways to sell natural gas trapped in Brazil's remote Amazon jungle, the companies say.
Russia's Rosneft Agrees to Buy Weatherford's Russian, Venezuelan Assets
Sunday, July 13, 2014 Rosneft agrees to buy the Russian and Venezuelan drilling and well-servicing assets of Weatherford International.
Putin: Russia's Rosneft To Explore For Offshore Oil In Cuba
Friday, July 11, 2014 President Putin says he was hopeful Rosneft and Cupet could begin jointly exploring Cuba's potential offshore oil reserves "in the very near future."
Russia's Rosneft, Zarubezhneft To Agree On Cuban Offshore Block This Week
Thursday, July 10, 2014 Russian state oil companies Rosneft and Zarubezhneft plan to sign an agreement with Cuban state oil company Cubanpetroleo to develop an offshore block 37, a senior Russian official says.
Under Sanction Threat, Russia Turns To Own, Chinese Oil Technology
Wednesday, July 09, 2014 Partly built in South Korea, Russia's recent platform at the Sakhalin-1 project, highlights the oil industry's dependence on foreign technology.
Russian Deputy PM: No Urgent Need to Privatise Rosneft
Thursday, May 22, 2014 There is no urgent need to privatise oil company Rosneft this year, says Russia’s Deputy Prime Minister.
Russian Oil Output Down for Fourth Month in a Row
Friday, May 02, 2014 Russia's oil output slips by 0.2 percent as production from new fields fails to offset a slowdown from mature deposits.
Rosneft 1Q Core Earnings Beat Forecasts
Wednesday, April 30, 2014 Rosneft more than doubles its first quarter core profit.
Rosneft Shares Fall After CEO Sechin Hit By US Sanctions
Monday, April 28, 2014 Shares in Rosneft fall after the US announces sanctions against its chief executive, Igor Sechin, over the Ukraine crisis.
Rosneft Eyes Africa, Former Soviet Posting Of CEO
Wednesday, April 23, 2014 Rosneft may expand in the African countries of Angola and Mozambique, where its boss Igor Sechin served as a Soviet translator in the early 1980s.
Rosneft Says Discusses Oil, Gas Projects in Mozambique
Tuesday, April 22, 2014 Rosneft discusses the possibility of becoming involved in Mozambican oil and gas projects.
BP Head Says Russian Business Unaffected by Sanctions
Tuesday, April 15, 2014 Western sanctions over Russia's actions in Ukraine are not affecting BP's business in Russia, says BP boss Bob Dudley.
Russia, China Aim to Finish Gas Talks before Putin's May Visit
Monday, April 14, 2014 Russia and China aim to wrap up a 10-year series of talks about Russian gas supplies before Russian President Vladimir Putin visits China in May.
Paper: Rosneft CEO's Son Ivan Joins Company's Offshore Division
Tuesday, April 08, 2014 Rosneft CEO's son joins the state oil company to work on offshore projects, according to the Kommersant newspaper.
Rosneft Buys Orenburg Drilling Company
Wednesday, April 02, 2014 Rosneft reports that it has acquired Orenburg Drilling Company in a move designed to reequip its drilling fleet.
Russia's Rosneft, With US Partner Exxon, On Track With LNG Plant
Tuesday, April 01, 2014 Rosneft says it is on track to start production at its first LNG gas plant in the country's far east in 2018-2019, despite East-West tension over Ukraine.
Eurasia Drilling Says Weaker Rouble, Rosneft Exit To Hit 2014 Sales
Thursday, March 27, 2014 Eurasia Drilling expects a decline in 2014 revenue due to the weaker rouble and a decision by Rosneft to develop its own servicing business.