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Rosneft

Recent Articles

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.
Russia's Rosneft to Create Joint Venture with Petrocas
Monday, December 29, 2014 Russia's Rosneft agrees to create a joint venture with Petrocas in logistics and retail sales in Caucasus.
Kommersant: BP Nears Deal on New Project with Russia's Rosneft
Wednesday, December 24, 2014 BP is close to a deal with Russian partner Rosneft for a new project that would expand its commitments in Russia, despite Western sanctions.
Lukoil Sells its Stake in Venezuela Project to Rosneft
Tuesday, December 23, 2014 Russia's largest independent oil producer Lukoil says it has sold its 20-percent state in a consortium developing a large oil project in Venezuela to its Russian peer Rosneft.
Top Russian Oil Firm Rosneft Repays Around $7B in Debt
Monday, December 22, 2014 Rosneft repays $7 billion in debt, partially easing fears among investors that Western sanctions could prompt mass defaults.
Russia's Rosneft Secures Oil, Gas Deals With India
Thursday, December 11, 2014 Rosneft strikes oil and gas deals with India as it seeks to diversify its exports away from Europe.
Russian Oil Tsar to Meet OPEC as Saudis Keep Market Guessing
Tuesday, November 25, 2014 Rosneft head Igor Sechin is to meet OPEC members in Vienna as Saudis keep the market guessing about its response to flagging oil prices.
Gazprom, Rosneft Call on Govt to Liberalize Offshore Legislation
Friday, November 14, 2014 Gazprom and Rosneft have called on the national government to permit the transfer of offshore field development licenses to their subsidiaries and to joint ventures with foreign partners.
Rosneft Sells Stake in Vankor Oilfield to CNPC
Monday, November 10, 2014 Rosneft signs an agreement with CNPC that will see the Chinese company purchase a 10-percent stake in ZAO Vankorneft, which operates the Vankor oilfield in Siberia.
BP CEO Says Committed to Rosneft Investment, No Sale Plans
Monday, November 10, 2014 BP chief executive Robert Dudley says the oil major was committed to investments in Russia and had no plans to sell its stake in Rosneft despite Western sanctions against the country.
Rosneft, ExxonMobil to Continue Development of Arctic despite Sanctions
Monday, November 03, 2014 Analysts of the Russian Oil Union believe that an interest in the national Arctic shelf from global majors will continue to grow due to recent tightening of legislation for offshore oil production.
CEO: Russia's Rosneft Will Continue Drilling In Arctic
Friday, October 24, 2014 Russia's largest oil producer Rosneft will continue to drill in the Arctic Kara Sea on its own after the departure of ExxonMobil.
Rosneft Says Projects Economically Viable Even If Oil Price Slips Further
Friday, October 17, 2014 Rosneft says the recent fall in oil prices is not critical for the company and it sees "no reason for concern".
Rosneft Subsidiary Conducts Record Fracturing Op at Urengolskoe Field
Tuesday, October 14, 2014 Rosneft reports that its Rospan International subsidiary has carried out a record hydrofracturing operation on its Urengolskoe field, onshore Russia.
Kommersant: Russia's Lukoil Sells its Stake in Venezuela Project to Rosneft
Friday, October 03, 2014 Lukoil sells its 20-percent state in a consortium developing a large oil project in Venezuela to its Russian peer, Rosneft.
Russia's Rosneft, US ExxonMobil Continue Drilling In Kara Sea Till Oct 10
Tuesday, September 23, 2014 Rosneft and ExxonMobil are continuing to drill in the Kara Sea and plan to stop work by Oct. 10, Russian Deputy Energy Minister Kirill Molodtsov says.
Minister: Asian Firms To Replace Western Energy Majors If They Leave Russia
Monday, September 22, 2014 Asian companies will replace Western majors if they quit energy projects in Russia due to sanctions over Moscow's role in Ukraine, Natural Resources Minister Sergei Donskoi said.
Facing US Sanctions, Exxon Winds Down Drilling In Russian Arctic
Friday, September 19, 2014 ExxonMobil says it will wind down drilling in Russia's Arctic in the face of US sanctions targeting Western cooperation with Moscow's oil sector.
Russia Considers Rosneft Request for Help from State Fund
Tuesday, September 16, 2014 Rosneft, hit by Western sanctions over the Ukraine conflict, will be able to apply for money from a state wealth fund, Russia's deputy prime minister says.