Recent Articles

Russian Oil Firm Rosneft May Buy Own Shares In Stake Sale
Friday, October 21, 2016 Russia's top oil producer Rosneft can buy some of its shares slated for privatization and re-sell them later, an Economy Ministry official told Reuters on Friday.
Bashneft Shareholder Says Received Assurances From Rosneft
Thursday, October 20, 2016 Russian oil major Rosneft agrees to uphold all its commitments to the Russian region of Bashkortostan after taking over mid-sized oil firm Bashneft.
Rosneft's Sechin Says Russia Has Potential To Raise Oil Output
Thursday, October 20, 2016 Russia has the potential to further increase oil output in the future by up to 200 million tons a year, or 4 million barrels per day, Rosneft's chief executive Igor Sechin says.
Russia's Rosneft, Partners to Invest around $12.9B in India's Essar Oil
Saturday, October 15, 2016 Rosneft CEO Igor Sechin says his company will invest around $12.9 billion in India's Essar Oil.
Rosneft-Led Group To Buy India Refiner Essar For $12-$13B
Friday, October 14, 2016 A group led by Russian oil major Rosneft will acquire India's Essar Oil in a $12 to $13 billion deal including debt.
Russia's Bashneft Says Rosneft VP Becomes Its New CEO
Thursday, October 13, 2016 Andrei Shishkin, a vice-president of Russia's top oil producer Rosneft, has been appointed as new chief executive of oil firm Bashneft.
Rosneft Head Says Confident Privatization To Happen By Year End
Thursday, October 13, 2016 Igor Sechin, the chief executive of Russia's top oil producer Rosneft, is confident the sale of a minority stake in the company willhappen by the end of this year.
Russia Completes Bashneft Sale To Rosneft For $5.3B
Wednesday, October 12, 2016 The Russian government completes the sale of a controlling stake in Bashneft to Rosneft for $5.3 billion.
Russia Approves Rosneft's $5.3 Billion Bid for Bashneft Stake
Thursday, October 06, 2016 Igor Sechin won a battle to buy the government's share in a regional oil producer, allowing state-controlled Rosneft PJSC to continue expanding.
India Clears ONGC's Extra 11% Stake Buy in Russia's Vankor Fields
Wednesday, October 05, 2016 India's cabinet approves ONGC Videsh's purchase of an additional interest in Russia's Vankor oilfields from Rosneft for $930 million - raising ONGC's stake in the project to 26%.
Russia's Rosneft, Indonesia's Pertamina Agree on Refining, Upstream JVs
Wednesday, October 05, 2016 Russian state oil company Rosneft and Indonesia's Pertamina agree a refinery joint venture in the southeast Asian country.
Pertamina to Form Refinery Joint Ventures with Rosneft, Aramco
Monday, October 03, 2016 Indonesian state energy company Pertamina expects to sign a joint venture agreement with Russia's Rosneft for the Tuban oil refinery development project, according to a company official.
Companies Ink Seismic Research, Development Agreement
Friday, September 02, 2016 BP spokesperson says research and development efforts with Rosneft and Schlumberger could represent breakthrough for high-quality, low-cost cableless seismic.
Russian Oil Firm Sale Delay Seen Reflecting Kremlin Pre-Election Unease
Thursday, August 18, 2016 The Russian government's move to delay the sale of a stake in the Bashneft oil firm reflects Kremlin unease before the elections.
Only Special Russian Decree Could Bar Rosneft From Bashneft Sale
Monday, August 15, 2016 Russia's Economy Ministry advises Prime Minister Dmitry Medvedev he would have to issue a special decree if he wants to bar Rosneft from the privatization of a mid-sized energy group.
Russia's Rosneft Says 2Q Crude Output Up 0.5%
Thursday, August 11, 2016 Rosneft says crude oil production was 4.11 million barrels per day in 2Q, up 0.5% quarter-on-quarter.
Rosneft Plans To Increase Yugansk Oil Output To 1.37 Million Bpd
Monday, August 08, 2016 Rosneft plans to increase production at its key unit, adding to the global glut.
Russia's Rosneft, Venezuela's PDVSA Step Up Cooperation
Friday, July 29, 2016 Rosneft and Venezuela's state oil company PDVSA sign deals on offshore gas development and oil products trading.
Kremlin: There is 'Understanding' Rosneft Should Not Buy Stake in Bashneft
Friday, July 22, 2016 Kremlin says that there is an 'understanding' in the Russian government that state-owned oil firm Rosneft should not take part in the privatisation of rival Bashneft.
Rosneft Privatization Advisor Proposes To Sell Stake To Strategic Investor
Monday, July 11, 2016 Italian bank Intesa Sanpaolo is proposing to sell the stake in Rosneft to a strategic investor, head of Russia's state property management agency Dmitry Pristanskov said.