Rosneft Company News

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Russia's Rosneft Signs Oil Supply Deal With Greece's Motor Oil
Monday, November 20, 2017 Rosneft and Greece's Motor Oil Hellas Corinth Refineries have signed a deal on mutual supplies of crude oil and oil products.

Eni Looks To Strengthen Ties With Rosneft, Maybe In LNG
Thursday, October 19, 2017 Eni is keen to strengthen ties with Rosneft and could forge a partnership in the LNG sector.

Kremlin Oil Major Piles Up Investments In Iraq's Kurdistan Amid Crisis
Wednesday, October 18, 2017 Rosneft has agreed to invest $400 million in five oil blocks in Iraqi Kurdistan, increasing Moscow's exposure to the semi-autonomous region.

China's CEFC Eyes Big League With Rosneft Oil Offtake Deal
Tuesday, October 17, 2017 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.

Buyers Eye Sinopec's Argentina Oil Assets in Sale Worth Up to $1B - Sources
Monday, October 09, 2017 Two sources said the Sinopec assets would be a tough sell.

Venezuela Confirms Discussing Citgo Collateral Swap With Rosneft
Wednesday, October 04, 2017 PDVSA is negotiating to swap Russian oil producer Rosneft's collateral in Venezuelan-owned, Citgo, adding that results are expected 'very soon.'

CEFC Head Riffs on $30 Oil and Rosneft in 12,000-Word Note
Tuesday, October 03, 2017 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.

Russia's Rosneft Elects German Ex-chancellor Schroeder as Chairman
Friday, September 29, 2017 Schroeder calls Russian President Vladimir Putin his friend and has criticized moves to impose sanctions on Russia.

Russia's Sistema Appeals Against Court Decision To Pay Rosneft
Tuesday, September 19, 2017 Sistema says it had appealed against a court ruling that it should pay damages to Rosneft.

Russia's Rosneft Clinches Gas Pipeline Deal With Iraq's Kurdistan
Monday, September 18, 2017 Rosneft will invest in gas pipelines in Iraq's autonomous Kurdistan, expanding its commitment to the region ahead of an independence referendum.

New China Energy Star Still Hungry After $9 Billion Rosneft Deal
Thursday, September 14, 2017 An obscure conglomerate has been thrust into the spotlight.

Glasenberg Emerges From Rosneft Flip With Oil Deal and Medal
Tuesday, September 12, 2017 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.

CEO: Russia's Rosneft Prepares For Oil At $40-$43 In 2018
Monday, September 11, 2017 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.

China Invests $9.1B In Rosneft As Glencore, Qatar Cut Stakes
Friday, September 08, 2017 Chinese conglomerate CEFC will buy a 14.16% stake in Russian oil major Rosneft for $9.1 billion

JOGMEC Interested In Global Investments Including Rosneft
Thursday, September 07, 2017 JOGMEC is interested in investing in energy companies worldwide, including Russian state energy company Rosneft, JOGMEC President Keisuke Kuroki told reporters.

Russian Court Orders Sistema To Pay Rosneft $2.3B In Damages
Wednesday, August 23, 2017 Russian court ruled that conglomerate Sistema should pay more than $2.3 billion to Rosneft in a dispute over Bashneft.

Rosneft Seals First Asian Refinery Deal With Essar Oil Purchase
Monday, August 21, 2017 Rosneft and partners close $12.9B-purchase of Essar Oil, giving them a foothold in one of the world's fastest growing oil users.

Rosneft Says Lent Venezuela's State Oil Firm A Total Of $6B
Tuesday, August 08, 2017 Rosneft says it made around $6 billion in pre-payments to PDVSA and had no immediate plans to make any further advance payments soon.

Russian Oil Giant Lends Support to Venezuela Oil Company
Friday, August 04, 2017 Russia's largest oil company disclosed another advance payment to Venezuela's state producer after the US sanctioned President Nicolas Maduro on Monday.

New UK Listing Rules Set to Attract State Companies Beyond Aramco
Monday, July 17, 2017 Saudi Arabia, Oman and Abu Dhabi have all announced plans in the past year to float some of their oil assets.

Diplomat: Russia's Rosneft Plans To Open Mozambique Office
Thursday, July 13, 2017 Rosneft is preparing to open an office in Mozambique, a senior Mozambican diplomat says.

Cyber Attack Hits Oil Giant And Banks In Russia And Ukraine
Tuesday, June 27, 2017 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.

Rosneft's Sechin Quits Board Of Russian Commodity Exchange SPIMEX
Monday, June 26, 2017 Igor Sechin, the head of Russia's largest oil producer Rosneft, quits the board of SPIMEX.

Russia's Rosneft Works On New Strategy, Plans To Hike Dividends
Thursday, June 22, 2017 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.

Putin Asks Rosneft To Consider Paying 50% Of Net Profit In Dividend
Tuesday, June 20, 2017 Russian President Vladimir Putin has asked Igor Sechin, the head of Rosneft, to consider the possibility of paying 50% of net income in dividends.

Black Sea Diesel Plant Upgrade Delayed by a Year to 2019
Friday, May 19, 2017 Rosneft is building a new hydro-cracking unit at its refinery at the Black Sea port of Tuapse.

Rosneft Net Income Lower Than Expected, Hit By Stronger Rouble
Friday, May 05, 2017 Rosneft posts a worse than expected rise in first-quarter net income, hit by a stronger rouble despite higher output and crude prices.

Russian Oil Major Says US Shale Growth Imperils OPEC Deal
Monday, March 13, 2017 A recovery in US oil output may deter OPEC and non-OPEC producers from extending production cuts beyond June and might lead to a new price war, Rosneft says.

Russia's Rosneft Sees CAPEX At Around 1.1 trln Roubles in 2018
Monday, February 27, 2017 Russia's top largest oil producer Rosneft expects its capital expenditures at around 1.1 trillion roubles ($19 billion) according to the company's CFO Pavel Fedorov.

Russia's Rosneft, Libya's NOC Sign Oil Offtake Deal
Tuesday, February 21, 2017 Libya's National Oil Corporation (NOC) signs a crude oil offtake agreement with Russia's Rosneft as it looks to encourage foreign investment and bolster Libyan output.

Russia's Rosneft Starts Drilling First Exploration Well In Amazon
Thursday, February 16, 2017 Russian state oil firm Rosneft starts drilling its first exploration well in Brazil's Solimoes Basin.

Siberian Oil Giant That Bankrolled USSR May Gush Cash Again
Wednesday, February 15, 2017 Russia's largest oil field could be on the verge of gushing profits again for Rosneft PJSC.

Rosneft Says Sold Saras Stake In Part Because Of Sanctions
Wednesday, January 18, 2017 Rosneft says it sold its stake in Italian refiner Saras in part because sanctions prevented it from taking a controlling stake in the refiner.

Kremlin Says VTB Financing Rosneft Deal Not On Its Agenda
Tuesday, January 17, 2017 Russian state bank VTB financing the privatisation of Rosneft last year is a commercial issue which is not on the Kremlin's agenda, Kremlin spokesman Dmitry Peskov says.

Russia's Transneft and Rosneft Squabble Over Oil Contract Terms
Thursday, December 29, 2016 A longstanding dispute between Rosneft and pipeline monopoly Transneft flares again, with Russia's biggest oil producer holding out on signing a contract for 2017.

Putin Says Russia Received Glencore, Qatar Payment For Rosneft
Friday, December 23, 2016 The Russian state budget has received a payment from the Qatar Investment Authority (QIA) and commodities trader Glencore for a stake in oil giant Rosneft, President Vladimir Putin said on Friday.

Russia's Rosneft Opens Books For $486 Million In Domestic Bonds
Tuesday, December 20, 2016 Rosneft has opened books for a new issue of domestic rouble bonds worth 30 billion roubles ($486 million), a financial market source says.

Russia's Novak Says All Oil Firms To Cut Output Under OPEC Deal
Friday, December 16, 2016 All Russian oil companies, including champion producer Rosneft, have agreed to cut crude output under Moscow's agreements with OPEC, Russian Energy Minister Alexander Novak said on Friday.

Eni to Sell 30% Stake in Zohr to Rosneft
Monday, December 12, 2016 Eni has agreed to sell a 30% participating interest in offshore Egypt's Shourouk Concession, where the supergiant gas field Zohr is located, to Rosneft.

Glencore, Qatar Buy $11 Billion Stake in Russian State Oil Giant
Thursday, December 08, 2016 Commodity trader Glencore and Qatar's sovereign wealth fund agreed to buy a $11 billion stake in Russia's largest oil producer from the state.

Russia's Rosneft Offers $9.4B In Local Bonds And Eyes Egyptian Investment
Monday, December 05, 2016 Rosneft opened the books for a $9.4 billion bond sale to raise money for foreign projects, and said it was interested in an offshore concession in Egypt.

Russia's Rosneft Approves 1 Trillion Rouble Bond Program
Thursday, November 24, 2016 The board of Russia's largest oil producer Rosneft has approved a bond program worth 1.071 trillion roubles ($16.55 billion) for 10 years.

Kremlin Denies Media Report Putin Offered Lukoil A Stake In Rosneft
Thursday, November 17, 2016 President Vladimir Putin did not offer the head of Russia's second biggest oil producer Lukoil the opportunity to acquire a stake in Rosneft, a Kremlin spokesman said on Thursday.

Oil Major Rosneft Says Q3 Net Profit Down 77%
Friday, November 11, 2016 Russia's largest oil producer Rosneft says its Q3 net profit has fallen by 77% year-on-year.

Russia's Rosneft Says Q3 Oil Output Up 1.3% YoY to 4.15M Bpd
Thursday, November 10, 2016 Russia's Rosneft, the world's top listed oil producer, says its oil production rose in Q3 by 1.3% year-on-year to 4.15 million barrels per day.

Russia Issues New Decree On Sale Of 19.5% Stake In Rosneft
Monday, November 07, 2016 The Russian government published a new decree on the sale of a 19.5% stake in oil giant Rosneft, signed by prime minister Dmitry Medvedev on November 3.

Russia's Rosneft Says Production Not Started at East Siberian Oilfield
Friday, November 04, 2016 Russia's largest oil producer retracts statement that it has begun production at the Yurubcheno-Tokhomskoye oilfield in eastern Siberia.

Vedomosti: Putin Invites Lukoil To Bid For Rosneft Stake
Wednesday, November 02, 2016 Russian President Vladimir Putin has offered Lukoil the chance to take part in the privatization of top oil producer Rosneft, Vedomosti reports, citing unnamed sources.

Rosneft, BP Complete Deal to Create New JV
Tuesday, November 01, 2016 Rosneft and BP complete a deal to create a new joint venture, Yermak Neftegaz LLC, to conduct exploration in the West Siberian and Yenisey-Khatanga basins in the Russian Federation.

Russia's Rosneft Says Seeking Permission To Buy 100% Of Bashneft
Friday, October 28, 2016 Russian oil major Rosneft has asked Russia's anti-monopoly body for permission to purchase up to 100% of Bashneft.