Rosneft Company News
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Former Lukoil Trader Wins Venezuela Dispute
Monday, August 10, 2020A unit of Lukoil had claimed the trader engaged in unauthorized purchases of Venezuelan crude.
Refiners Shun Venezuelan Crude
Friday, June 26, 2020India's largest private refinery halted purchases of Venezuelan oil, putting additional pressure on the Latin American country’s beleaguered oil industry.
Russia's Oil Producers Told to Cut Output by Fifth
Monday, April 20, 2020After 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.
Sanctions-Free Rosneft Affiliate Boosts Oil Exports
Monday, February 24, 2020There are already signs that the latest US sanctions thrown at Venezuela are failing.
US Considering Sanctions on Rosneft
Thursday, February 06, 2020American officials are wary that the move could cause chaos in global oil markets.
Venezuela Mulls Privatizing Oil Amid Economic Freefall
Monday, January 27, 2020It would be a move that forsakes decades of state monopoly.
Top Upstream Companies in Predictive Maintenance
Tuesday, November 26, 2019GlobalData has identified the 'leading' upstream companies that are adopting predictive maintenance technologies in the oil and gas industry.
Buyers of Venezuelan Oil Need to Go to Panama City
Thursday, September 19, 2019Buyers of Venezuelan crude used to visit the building across from Petroleos de Venezuela SA's headquarters in Caracas. Not anymore.
Turkish Refinery Turns to Russia for Oil
Monday, July 22, 2019Azerbaijan'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.
Maduro Gets Oil Lifeline From Russia
Tuesday, March 05, 2019As 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.
Is the OPEC, Russia Honeymoon Over?
Tuesday, February 26, 2019OPEC still needs an official arrangement, but for Russia the argument is weakening.
$44B India Refinery Project At Risk
Tuesday, February 19, 2019The completion of the refinery hinges on the outcome of an upcoming election.
Ifax: ExxonMobil Sees Russian LNG Plant's Capacity At 6.2MM T/Year
Thursday, June 07, 2018ExxonMobil and Rosneft expect their future joint project to produce more than 6.2 million tonnes of LNG per year.
Russia State Oil Firm Starts Drilling At New Well Offshore Vietnam
Tuesday, May 15, 2018A unit of Russian state oil firm Rosneft has started drilling at a new production well in waters off the southern coast of Vietnam.
Rosneft Appeals to Market With $2 Billion Buyback, Debt Cut
Tuesday, May 01, 2018Rosneft PJSC plans to start a $2B share buyback this year.
Document: Russia's Rosneft Interested In Oil, Gas In Iran's Zagros Province
Friday, April 06, 2018Rosneft is interested in oil and gas projects in Iran's Zagros province.
Sources: Russia's Rosneft Holds Key To Fixing Iraqi Kurdistan Oil Flows
Monday, March 05, 2018Rosneft has emerged with an important role in talks between Iraq's government and Iraqi Kurdistan on resuming full oil exports.
Eni Says Is Drilling In Black Sea Project While Monitoring US Sanctions
Wednesday, January 24, 2018Eni 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.
Russia's Rosneft, In U-Turn, Plans To Bid For Alrosa's Gas Assets
Friday, December 29, 2017Rosneft said it had asked the country's competition watchdog for permission to bid for gas fields put up for sale by diamond miner Alrosa.
Sanction-Proof Oil Rig Beats US Policy From Cuba to Russia
Tuesday, December 19, 2017For Vladimir Putin, this is a second energy-sector victory in a little over a week.
Russia's Rosneft Signs Oil Supply Deal With Greece's Motor Oil
Monday, November 20, 2017Rosneft 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, 2017Eni 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, 2017Rosneft 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, 2017For 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, 2017Two sources said the Sinopec assets would be a tough sell.
Venezuela Confirms Discussing Citgo Collateral Swap With Rosneft
Wednesday, October 04, 2017PDVSA 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, 2017While 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, 2017Schroeder 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, 2017Sistema 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, 2017Rosneft 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, 2017An obscure conglomerate has been thrust into the spotlight.
Glasenberg Emerges From Rosneft Flip With Oil Deal and Medal
Tuesday, September 12, 2017Nine 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, 2017Rosneft 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, 2017Chinese 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, 2017JOGMEC 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, 2017Russian 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, 2017Rosneft 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, 2017Rosneft 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, 2017Russia'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, 2017Saudi 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, 2017Rosneft 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, 2017Rosneft 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, 2017Igor 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, 2017Igor 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, 2017Russian 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, 2017Rosneft 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, 2017Rosneft 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, 2017A 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, 2017Russia'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, 2017Libya'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.