Rosneft

Recent Articles

Rosneft Seals First Asian Refinery Deal With Essar Oil Purchase
Monday, August 21, 2017 Rosneft and partners close $12.9B-purchase of Essar Oil, giving them a foothold in one of the world's fastest growing oil users.
Rosneft Says Lent Venezuela's State Oil Firm A Total Of $6B
Tuesday, August 08, 2017 Rosneft says it made around $6 billion in pre-payments to PDVSA and had no immediate plans to make any further advance payments soon.
Russian Oil Giant Lends Support to Venezuela Oil Company
Friday, August 04, 2017 Russia's largest oil company disclosed another advance payment to Venezuela's state producer after the US sanctioned President Nicolas Maduro on Monday.
New UK Listing Rules Set to Attract State Companies Beyond Aramco
Monday, July 17, 2017 Saudi Arabia, Oman and Abu Dhabi have all announced plans in the past year to float some of their oil assets.
Diplomat: Russia's Rosneft Plans To Open Mozambique Office
Thursday, July 13, 2017 Rosneft is preparing to open an office in Mozambique, a senior Mozambican diplomat says.
Cyber Attack Hits Oil Giant And Banks In Russia And Ukraine
Tuesday, June 27, 2017 Rosneft said a large-scale cyber attack hit its servers and computer systems at some banks and the main airport in neighboring Ukraine were also disrupted.
Rosneft's Sechin Quits Board Of Russian Commodity Exchange SPIMEX
Monday, June 26, 2017 Igor Sechin, the head of Russia's largest oil producer Rosneft, quits the board of SPIMEX.
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.