Rosneft Company News

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US Slaps Rosneft With Sanctions for Venezuelan Oil-Trade Ties
The move represents the latest escalation in the Trump administration's campaign to oust Nicolas Maduro.
7:00 PM EST | February 17, 2020
US Transparency Reversal Stings Canadian, European Oil Firms
Canadian and European oil companies could find themselves at a competitive disadvantage to their American rivals if US lawmakers scrap tighter transparency requirements on the industry.
7:00 PM EST | February 02, 2017
ONGC Videsh Inks Deal with Rosneft to Up Stake in Russia's Vankorneft
India's ONGC Videsh inks agreement with Rosneft to acquire an additional 11 percent stake in Vankorneft, the operator of the Vankor field and North Vankor license in Russia.
8:00 PM EST | September 14, 2016
Rosneft Makes Discovery at Wild Orchid Gas Condensate Field Off Vietnam
Rosneft makes discovery at the Wild Orchid gas condensate field in Block 06.1 in the Nam Con Son basin offshore Vietnam.
8:00 PM EST | August 11, 2016
Rosneft's Sechin Says China Ties Boosted With New Deals, Routes
Rosneft, the state-run producer that has helped turn Russia into the top oil supplier to China, aims to secure its hold by reaching out to new clients and establishing new delivery routes amid toughening competition and stretched infrastructure.
8:00 PM EST | June 26, 2016
Putin Said To Weigh $11B Rosneft Sale To China And India
Vladimir Putin is considering selling part of Russia's corporate crown jewels to China and India as the president struggles to meet spending commitments before his possible re-election bid in less than two years.
8:00 PM EST | June 19, 2016
Rosneft Mimics Saudi Strategy To Get Foothold In Indian Market
Rosneft OJSC is mimicking the strategy of its biggest global competitor to expand in India as the world's top oil exporters vie for business in the fastest-growing crude-consuming nation.
8:00 PM EST | June 14, 2016
Keppel O&M, Rosneft & MHWirth Set Up Singapore Incorporated JV
Keppel Offshore & Marine sets up a Singapore incorporated joint venture company with Russia's Rosneft and Norway's MHWirth for the design and engineering of mobile offshore drilling units.
8:00 PM EST | May 19, 2016
Rosneft Spuds PLDD-1X Well in Vietnam's Nam Con Son Basin with Hakuryu-5
Rosneft spuds the PLDD-1X exploration well in Block 06.1 in the Nam Con Son basin, offshore Vietnam with the HAKURYU-5 semisub.
7:00 PM EST | March 08, 2016
Russia's Dilemma: Squeeze Oil Industry Without Strangling Growth
While the world focuses on Russia's oil-freeze talks with OPEC, there are discussions behind closed doors in the Kremlin that will have a much more significant impact on the nation's energy industry.
7:00 PM EST | March 08, 2016
Putin's Reward For Doing A Deal With OPEC Overshadowed By Risks
Neither a recession nor a collapse in revenue has yet been enough to convince Russian President Vladimir Putin that it's time to join with OPEC in cutting oil output to boost prices. His reasons may be pragmatic rather than political.
7:00 PM EST | February 15, 2016
ONGC Videsh Moves Nearer to Complete Acquisition of Stake in Vankorneft
India's ONGC Videsh and Russia's Rosneft complete the first stage of deal for the former's acquisition of a 15 percent stake in Vankorneft.
7:00 PM EST | December 27, 2015
RIA: Russia's Rosneft in Talks to Allow China into Offshore Arctic Projects
Russia's Rosneft is in talks with Chinese companies to allow them to take part in its offshore Arctic projects, the RIA news agency quoted Russian Deputy Energy Minister Anatoly Yanovsky as saying.
7:00 PM EST | November 15, 2015
Rosneft Seals $55M Deal for Petro Rio's Stake in Brazil's Solimoes Project
Rosneft receives formal approval to acquire Petro Rio's 55 percent stake in Brazil's Solimoes Project for $55 million.
8:00 PM EST | October 13, 2015
Sanctions, Oil Slump Delay Russian Offshore Drilling 2-3 Years
Russia's state-run energy giants Rosneft and Gazprom are delaying some offshore drilling by two to three years because of sanctions and weaker oil prices.
8:00 PM EST | September 28, 2015
Move Over Exxon, Russian Drillers Are Oil World's Top Performers
At a time when the collapse in crude prices pushes Russia's economy into a recession, the nation's oil producers are managing to beat their western counterparts.
8:00 PM EST | September 07, 2015
Rosneft Sells 15% Stake in Vankorneft to ONGC Videsh
Rosneft sells 15 percent interest in Vankorneft - the developer of Vankor oil and gas condensate field in Krasnoyarsk Territory in Russia - to India's ONGC Videsh.
8:00 PM EST | September 03, 2015
Putin Urges Investment in Russia's Vast Far East
President Vladimir Putin urges domestic and foreign investors to help develop Russia's vast Far East region, promising high returns and reassuring Asia-Pacific economies about their strategic importance.
8:00 PM EST | September 03, 2015
Rosneft Contracts JDC's Hakurya-5 Semisub for Vietnam Drilling Assignment
Rosneft inks deal with Japan Drilling Co. for the provision of the Hakurya-5 semisub to drill two exploration wells offshore Vietnam in 2016.
8:00 PM EST | September 03, 2015
ONGC Said to Seek $900 Million Stake in Rosneft Vankor Field
India's ONGC is seeking through its overseas unit to buy a stake in Russia’s second-largest oil producing development from Rosneft, according to two people with direct knowledge of the plan.
8:00 PM EST | August 13, 2015
Talks Surface on Rosneft Taking 49% Stake in India's Essar Oil
Rosneft is reportedly negotiating to acquire a 49 percent stake in India's Essar Oil.
8:00 PM EST | June 16, 2015
Venezuela, Russia's Rosneft Agree On $14B Oil, Gas Investment
Venezuela and Russia's top oil producer, Rosneft, have agreed on around $14 billion in investment in the South American OPEC country's oil and gas sector, President Nicolas Maduro says.
8:00 PM EST | May 27, 2015
Learning Mandarin In The Tundra: Russia Invites China Into Oil Business
Russia's freezing north has never been the most welcoming place for foreign travelers, and its onshore oil riches have always been state secrets.
8:00 PM EST | April 07, 2015
ONGC Videsh in Talks to Acquire Stakes in 2 Fields in Siberia
ONGC Videsh commences discussions to acquire stakes in 2 fields in Siberia, Russia, according to India's oil minister.
8:00 PM EST | March 11, 2015
Golar LNG, Rosneft Ink MOU to Cooperate on FLNG Projects in Latin America
Golar LNG and Rosneft ink a memorandum of understanding to cooperate on floating liquefaction and transportation of natural gas.
7:00 PM EST | March 05, 2015
Canada Imposes Sanctions On Russian Oil Firm Rosneft, Rostec CEO
Canada is imposing sanctions against Rosneft and the head of conglomerate Rostec, among others, in response to the actions of Russian-backed militants in Ukraine, Ottawa says.
7:00 PM EST | February 17, 2015
Kommersant: ExxonMobil Suspends Cooperation with Rosneft on Arctic Project
ExxonMobil is suspending cooperation with Rosneft on offshore drilling in the Arctic due to sanctions, Kommersant reports, citing unnamed sources.
8:00 PM EST | September 28, 2014
US, EU Ready New Sanctions To Stop Oil Exploration In Russia
The United States and European Union plan to stop billions of dollars in oil exploration in Russia by the world's largest energy companies including ExxonMobil and BP, US government sources say.
8:00 PM EST | September 09, 2014
ONGC, Rosneft Ink MOU to Cooperate on E&P in Russia's Offshore Arctic
ONGC and Rosneft ink memorandum of understanding to cooperate in subsurface surveys, exploration and appraisal activities as well as hydrocarbons production in Russia's offshore Arctic.
8:00 PM EST | May 25, 2014
Seadrill, NADL Ink Agreement to Partner Rosneft in Russia's Drilling Market
Seadrill and North Atlantic Drilling ink agreement to partner Rosneft in Russia's drilling market.
8:00 PM EST | May 25, 2014
Eurasia Drilling 1Q Sales Down on Rouble, Restructuring
Russia's Eurasia Drilling Company reports 12-percent fall in 1Q sales due to a weaker rouble and client restructuring.
8:00 PM EST | April 16, 2014