Recent Articles

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.
Kremlin Says No Preferred Options For Rosneft Stake Sale
Monday, June 20, 2016 There are no preferred options for the sale of a stake in state-run Rosneft, says Kremlin spokesman Dmitry Peskov.
Rosneft, BP Create New JV to Explore Russian Basins
Friday, June 17, 2016 Rosneft and BP sign final binding agreements to create a new joint venture, Yermak Neftegaz LLC, to conduct exploration in the West Siberian and Yenisey-Khatanga basins in the Russian Federation.
Interfax: Indian Consortium to Pay $2.1B for Stake in Rosneft's Vankor
Friday, June 17, 2016 A consortium of Indian oil companies will pay just over $2 billion for a 23.9 percent stake in Russian oil producer Rosneft's Vankor oil field, Interfax news agency cited sources as saying.
Kremlin Investor Show Attracts Top Oil Players, but Few Deals
Thursday, June 16, 2016 Global oil company chiefs showed up in force to Russia's main investor show, but deals were slow to materialise as they blamed low crude prices for cutting their scope to invest.
Russia's FinMin Says Bashneft, Alrosa Privatization To Go Ahead In 2016
Wednesday, June 08, 2016 Russian Finance Minister Anton Siluanov expects the privatization of Bashneft and Alrosa to go ahead in 2016, but says it will be more difficult to sell the state-owned stake in Rosneft.
Russia's Rosneft Says Q1 Net Profit Down 75%, Misses Estimates
Wednesday, June 08, 2016 Rosneft's first-quarter net profit declined by 75% year-on-year, to $216.8 million, following a drop in global oil prices.
Govt's Rosneft Stake Can't Be Sold On Open Market
Thursday, May 26, 2016 Kremlin economic adviser Andrei Belousov says the government's stake in top oil producer Rosneft could not be sold on the open market.
Rosneft Signs Framework with Pertamina for Oil, Gas Cooperation
Thursday, May 26, 2016 Russian energy giant Rosneft and Indonesian state energy company Pertamina signed a framework agreement on Thursday to cooperate in the oil and gas sector, including plans to develop a refinery together.
Rosneftegaz Might Pay Interim Dividend If Rosneft Stake Privatized
Friday, May 20, 2016 Rosneftegaz, which owns 69.5% of Russia's biggest oil producer Rosneft, might pay interim dividends should Rosneft be privatized.
Russian Oil Chief Sechin: OPEC Unity Effectively Extinct
Tuesday, May 10, 2016 OPEC is effectively extinct as a united organization and the time when it could determine global oil market conditions should be forgotten, says Igor Sechin, head of Rosneft.
Russian Finmin: Rosneft Stake to be Privatized Worth About $9.9B
Friday, April 15, 2016 Russian Finance Minister Anton Siluanov says in an interview with CNBC the government's current estimate of the value of the 19.5 percent stake in oil producer Rosneft, which it plans to privatize, is around $9.9 billion.
Putin: Russia Seeking Strategic Investor to Buy Rosneft Stake
Thursday, April 14, 2016 President Vladimir Putin says Russian government wants a strategic investor to buy a 19 percent stake in Rosneft as part of privatization plan.