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China's CNPC Signs Contract to Build Second Pipeline for Russian Crude
Friday, June 26, 2015
CNPC has signed a construction contract for a second domestic pipeline to carry Russian crude oil from Mohe to Daqing, a company-run newspaper says.
Rosneft First-Quarter Profit Falls 35% After Oil Prices Drop
Friday, June 26, 2015
Russia's largest oil producer, said first-quarter profit fell 35%, hurt by last year's decline in crude prices.
Siberian Oil Deal Sees BP Bet on Russia's Pivot Toward China
Monday, June 22, 2015
BP's $750 million purchase of a Siberian oilfield stake is as much a bet on China as it is on Russia.
Rosneft Agrees to Sell 20% of Taas Subsidiary to BP
Friday, June 19, 2015
Rosneft signs a final binding agreement to sell a 20 percent share of its subsidiary company Taas-Yuryakh Neftegazodobycha (Taas) to BP.
CEO: Russia's Rosneft to Maintain Hydrocarbon Output in 2015-2017
Wednesday, June 17, 2015
Russia's Rosneft plans to keep its hydrocarbon production stable between 2015 and 2017, according to the firm's CEO.
Rosneft Rings Management Changes
Tuesday, May 26, 2015
Rosneft makes a series of appointments designed to enhance the firm's management structure.
Russia's Rosneft Says Likely to Quit Gas Project in UAE
Tuesday, May 26, 2015
Rosneft is considering quitting a gas project with United Arab Emirates-based Crescent Petroleum in the emirate of Sharjah after drilling failed to confirm commercial reserves.
Russia's Rosneft To Seek Shareholder Approval To Raise $200B
Monday, May 18, 2015
Rosneft will seek shareholder approval to raise nearly $203.50 billion in loans from three domestic banks, the company said in documents prepared for its annual shareholders meeting in June.
Seadrill Unit's Deal with Russia's Rosneft Postponed Again
Friday, April 17, 2015
Seadrill subsidiary North Atlantic Drilling delays closing a cooperation deal with Rosneft amid western sanctions against Russia.
Sakhalin-1 Sets New Extended Reach Drilling Record
Tuesday, April 14, 2015
Sakhalin-1 Consortium drills the world's longest well at the Chayvo field in the Russian Far East.
Fire at Rosneft Refinery Kills One, Output Unaffected
Friday, April 10, 2015
A fire breaks out at the Angarsk refinery in east Siberia, Rosneft reports.
Russia's Rosneft Keeps Options Open for Rig Contract in Kara Sea
Thursday, April 09, 2015
Rosneft is keeping its options open in a search for a rig to restart exploration work in the Arctic next year, the firm says.
Russian Oil Output In March Hits New Post-Soviet High
Thursday, April 02, 2015
Russia's oil output increased .6% in March to a post-soviet high of 10.7 million barrels per day on greater production at Gazprom and Rosneft.
Rosneft's Vankor Oil Output May Start Declining Next Year
Monday, March 30, 2015
Oil output at Rosneft's Vankor deposit, a driver of Russia's recent oil production growth, may start declining next year, a top company official says.
Rosneft Cancels Rig Contract With North Atlantic Drilling
Wednesday, March 25, 2015
Rosneft cancels a contract for a two-and-a-half year rig contract with Northern Offshore and Seadrill's North Atlantic Drilling Ltd.
Russia's Rosneft May Get 300B Roubles from National Wealth Fund
Friday, February 27, 2015
Russian state oil firm Rosneft may get $5 billion from Russia's National Wealth Fund to finance five projects.
Russia's Rosneft Says Replaced Reserves By 154%
Monday, February 16, 2015
Rosneft reports a 154% hydrocarbon reserves replacement ratio in 2014 thanks to increased drilling and exploration.
Rosneft's Sechin Slams OPEC, Warns on Possible Oil Shortage
Tuesday, February 10, 2015
The head of Russia's leading oil producer, Igor Sechin, warns lower oil output may leads to a supply shortage as early as the fourth quarter of this year.
Russia's Rosneft Starts Oil Production At Arkutun-Dagi Field
Monday, January 19, 2015
Rosneft starts oil production at the Arkutun-Dagi field, part of the Sakhalin-1 project in the Russian Far East.
Russia Oil Output Hits Post-Soviet High, Small Firms Help
Friday, January 02, 2015
Russia's 2014 oil output hit a post-Soviet record high average of 10.58 million barrels per day, rising by 0.7 percent helped by small non-state producers.