Rosneft Company News

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Shell to Trim Refinery Portfolio
Shell has made a deal to sell its minority stake in refinery in northeastern Germany.
8:00 PM EST | July 08, 2021
What Now for Canadian Oil Sands Producers?
Here is a review of oil and gas market hits and misses for the week ending June 11, 2021.
8:00 PM EST | June 10, 2021
LOOP Crude Loadings Swing in Short Time Span
Check out some of the most-viewed downstream-related articles on Rigzone from the past week.
7:00 PM EST | March 06, 2021
Shell to License Tech for New Refinery
PT PRPP has signed a licensing and basic engineering agreement with Shell Catalysts and Technology.
7:00 PM EST | February 24, 2021
$550MM Deal Boosts Russia Profile for Equinor
Equinor has increased its onshore presence in Russia via an approximately US$550 million deal with Rosneft.
7:00 PM EST | December 14, 2020
Oil Drilling in Russia Could Fall 20% Next Year
Russia's producers, which have reduced oil drilling by as much as one-third so far this year, may cut it by a further 20% in 2021, says an oilfield services exec.
8:00 PM EST | October 14, 2020
Former Lukoil Trader Wins Venezuela Dispute
A unit of Lukoil had claimed the trader engaged in unauthorized purchases of Venezuelan crude.
8:00 PM EST | August 09, 2020
Refiners Shun Venezuelan Crude
India's largest private refinery halted purchases of Venezuelan oil, putting additional pressure on the Latin American country’s beleaguered oil industry.
8:00 PM EST | June 25, 2020
Russia's Oil Producers Told to Cut Output by Fifth
After days of consultations on how to divide the supply curbs, companies were told to split Russia's 2.5 million barrel-a-day cut proportionally.
8:00 PM EST | April 19, 2020
Sanctions-Free Rosneft Affiliate Boosts Oil Exports
There are already signs that the latest US sanctions thrown at Venezuela are failing.
7:00 PM EST | February 23, 2020
US Considering Sanctions on Rosneft
American officials are wary that the move could cause chaos in global oil markets.
7:00 PM EST | February 05, 2020
Venezuela Mulls Privatizing Oil Amid Economic Freefall
It would be a move that forsakes decades of state monopoly.
7:00 PM EST | January 26, 2020
Top Upstream Companies in Predictive Maintenance
GlobalData has identified the 'leading' upstream companies that are adopting predictive maintenance technologies in the oil and gas industry.
7:00 PM EST | November 25, 2019
Buyers of Venezuelan Oil Need to Go to Panama City
Buyers of Venezuelan crude used to visit the building across from Petroleos de Venezuela SA's headquarters in Caracas. Not anymore.
8:00 PM EST | September 18, 2019
Turkish Refinery Turns to Russia for Oil
Azerbaijan's state oil company is turning to Russia to supply a new $6.3 billion refinery it built in Turkey because shipments from one of its preferred suppliers - Iran - are off the table.
8:00 PM EST | July 21, 2019
Maduro Gets Oil Lifeline From Russia
As PDVSA was running out of an obscure product needed to keep exports flowing in the wake of U.S. sanctions, Russia is coming to the rescue.
7:00 PM EST | March 04, 2019
Is the OPEC, Russia Honeymoon Over?
OPEC still needs an official arrangement, but for Russia the argument is weakening.
7:00 PM EST | February 25, 2019
$44B India Refinery Project At Risk
The completion of the refinery hinges on the outcome of an upcoming election.
7:00 PM EST | February 18, 2019
Ifax: ExxonMobil Sees Russian LNG Plant's Capacity At 6.2MM T/Year
ExxonMobil and Rosneft expect their future joint project to produce more than 6.2 million tonnes of LNG per year.
8:00 PM EST | June 06, 2018
Russia State Oil Firm Starts Drilling At New Well Offshore Vietnam
A unit of Russian state oil firm Rosneft has started drilling at a new production well in waters off the southern coast of Vietnam.
8:00 PM EST | May 14, 2018
Rosneft Appeals to Market With $2 Billion Buyback, Debt Cut
Rosneft PJSC plans to start a $2B share buyback this year.
8:00 PM EST | April 30, 2018
Document: Russia's Rosneft Interested In Oil, Gas In Iran's Zagros Province
Rosneft is interested in oil and gas projects in Iran's Zagros province.
8:00 PM EST | April 05, 2018
Sources: Russia's Rosneft Holds Key To Fixing Iraqi Kurdistan Oil Flows
Rosneft has emerged with an important role in talks between Iraq's government and Iraqi Kurdistan on resuming full oil exports.
7:00 PM EST | March 04, 2018
Eni Says Is Drilling In Black Sea Project While Monitoring US Sanctions
Eni says it is carrying out exploratory drilling in the Black Sea in a Rosneft-led offshore project - while ensuring its activities comply with US sanctions.
7:00 PM EST | January 23, 2018
Russia's Rosneft, In U-Turn, Plans To Bid For Alrosa's Gas Assets
Rosneft said it had asked the country's competition watchdog for permission to bid for gas fields put up for sale by diamond miner Alrosa.
7:00 PM EST | December 28, 2017
Sanction-Proof Oil Rig Beats US Policy From Cuba to Russia
For Vladimir Putin, this is a second energy-sector victory in a little over a week.
7:00 PM EST | December 18, 2017
Russia's Rosneft Signs Oil Supply Deal With Greece's Motor Oil
Rosneft and Greece's Motor Oil Hellas Corinth Refineries have signed a deal on mutual supplies of crude oil and oil products.
7:00 PM EST | November 19, 2017
Eni Looks To Strengthen Ties With Rosneft, Maybe In LNG
Eni is keen to strengthen ties with Rosneft and could forge a partnership in the LNG sector.
8:00 PM EST | October 18, 2017
Kremlin Oil Major Piles Up Investments In Iraq's Kurdistan Amid Crisis
Rosneft has agreed to invest $400 million in five oil blocks in Iraqi Kurdistan, increasing Moscow's exposure to the semi-autonomous region.
8:00 PM EST | October 17, 2017
China's CEFC Eyes Big League With Rosneft Oil Offtake Deal
For China, the world's top crude importer, having access to Russian oil would be a big step towards its ambition to create a globally integrated oil supply chain.
8:00 PM EST | October 16, 2017
Buyers Eye Sinopec's Argentina Oil Assets in Sale Worth Up to $1B - Sources
Two sources said the Sinopec assets would be a tough sell.
8:00 PM EST | October 08, 2017
Venezuela Confirms Discussing Citgo Collateral Swap With Rosneft
PDVSA is negotiating to swap Russian oil producer Rosneft's collateral in Venezuelan-owned, Citgo, adding that results are expected 'very soon.'
8:00 PM EST | October 03, 2017
CEFC Head Riffs on $30 Oil and Rosneft in 12,000-Word Note
While there's a risk oil may slide below $30 as its displaced by alternative energy sources, it will still be used to make petrochemicals, said the head of the enigmatic Chinese company.
8:00 PM EST | October 02, 2017
Russia's Rosneft Elects German Ex-chancellor Schroeder as Chairman
Schroeder calls Russian President Vladimir Putin his friend and has criticized moves to impose sanctions on Russia.
8:00 PM EST | September 28, 2017
Russia's Sistema Appeals Against Court Decision To Pay Rosneft
Sistema says it had appealed against a court ruling that it should pay damages to Rosneft.
8:00 PM EST | September 18, 2017
Russia's Rosneft Clinches Gas Pipeline Deal With Iraq's Kurdistan
Rosneft will invest in gas pipelines in Iraq's autonomous Kurdistan, expanding its commitment to the region ahead of an independence referendum.
8:00 PM EST | September 17, 2017
New China Energy Star Still Hungry After $9 Billion Rosneft Deal
An obscure conglomerate has been thrust into the spotlight.
8:00 PM EST | September 13, 2017
Glasenberg Emerges From Rosneft Flip With Oil Deal and Medal
Nine months after surprising the world with an $11 billion venture to buy a stake in Russia's state oil company, Glencore is selling most of it.
8:00 PM EST | September 11, 2017
CEO: Russia's Rosneft Prepares For Oil At $40-$43 In 2018
Rosneft expects average global oil prices between $40 and $43 a barrel in 2018 and is preparing for such a level, Chief Executive Igor Sechin says.
8:00 PM EST | September 10, 2017
China Invests $9.1B In Rosneft As Glencore, Qatar Cut Stakes
Chinese conglomerate CEFC will buy a 14.16% stake in Russian oil major Rosneft for $9.1 billion
8:00 PM EST | September 07, 2017
JOGMEC Interested In Global Investments Including Rosneft
JOGMEC is interested in investing in energy companies worldwide, including Russian state energy company Rosneft, JOGMEC President Keisuke Kuroki told reporters.
8:00 PM EST | September 06, 2017
Russian Court Orders Sistema To Pay Rosneft $2.3B In Damages
Russian court ruled that conglomerate Sistema should pay more than $2.3 billion to Rosneft in a dispute over Bashneft.
8:00 PM EST | August 22, 2017
Rosneft Seals First Asian Refinery Deal With Essar Oil Purchase
Rosneft and partners close $12.9B-purchase of Essar Oil, giving them a foothold in one of the world's fastest growing oil users.
8:00 PM EST | August 20, 2017
Rosneft Says Lent Venezuela's State Oil Firm A Total Of $6B
Rosneft says it made around $6 billion in pre-payments to PDVSA and had no immediate plans to make any further advance payments soon.
8:00 PM EST | August 07, 2017
Russian Oil Giant Lends Support to Venezuela Oil Company
Russia's largest oil company disclosed another advance payment to Venezuela's state producer after the US sanctioned President Nicolas Maduro on Monday.
8:00 PM EST | August 03, 2017
New UK Listing Rules Set to Attract State Companies Beyond Aramco
Saudi Arabia, Oman and Abu Dhabi have all announced plans in the past year to float some of their oil assets.
8:00 PM EST | July 16, 2017
Diplomat: Russia's Rosneft Plans To Open Mozambique Office
Rosneft is preparing to open an office in Mozambique, a senior Mozambican diplomat says.
8:00 PM EST | July 12, 2017
Cyber Attack Hits Oil Giant And Banks In Russia And Ukraine
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.
8:00 PM EST | June 26, 2017
Rosneft's Sechin Quits Board Of Russian Commodity Exchange SPIMEX
Igor Sechin, the head of Russia's largest oil producer Rosneft, quits the board of SPIMEX.
8:00 PM EST | June 25, 2017
Russia's Rosneft Works On New Strategy, Plans To Hike Dividends
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.
8:00 PM EST | June 21, 2017