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Tougher sanctions: Oil giant Rosneft receives a major blow from U.S.

The U.S. has unveiled a new row of sanctions on Russia concerning the troubles in the Ukraine, this time hitting the Russian oil giant Rosneft, its second major gas producer Novatek and its third largest bank Gazprombank. These are the most austere U.S. sanction yet imposed on Russia.

read more... 17/07/2014

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Russia: Rosneft declares that Gazprom holds back its LNG project

The chief executive of Russia's top oil producer Rosneft appealed to the government to intervene and facilitate company’s access to a Gazprom's trunk gas pipeline, essential for the liquefied natural gas project it is setting up with ExxonMobil.

read more... 25/04/2014

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Russia’s Rosneft in partnership with US Exxon to start output at LNG plant

Russia’s Rosneft, announced its collaboration with U.S. ExxonMobil in view to initiate production at its first liquefied natural (LNG) plant in 2018-2019, regardless of East-West conflicts over Ukraine.

read more... 02/04/2014

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Rosneft defies Gazprom monopoly to get right to export Russian gas via pipeline

The major oil producer in Russia, Rosneft, plans to break domination of another energy important company, Gazprom, to export gas through pipelines, leading to an explosion between the major clans, according to some sources on Friday.

read more... 10/03/2014

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Russia started oil deliveries to China

After last week, Russia state-owned oil giant Rosneft has announced that it has received the first tranche of advance payment from China National Petroleum Corporation (CNPC), Russia has started delivering crude oil to China, as established by the contract signed by the two countries during the St Petersburg International Economic Forum in June last year, in a move which aims to diversify China’s energy imports.

read more... 22/01/2014

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