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Eni and Rosneft signed agreements on oil supplies to Europe
Russia's Rosneft, the world's top listed oil producer, and Italy’s Eni have signed an agreement regarding oil supplies to European refineries. The new strategic accord was signed amid increased cooperation and growing trades between Russia and Italy. Under the terms of the deal, Rosneft would furnish something like 1 million tonnes of oil to Eni's refineries, while Eni would supply 400,000 tonnes.
read more... 03/12/2013
Rosneft to pursue expansion in gas market with $1.8 billion acquisition
Enel SpA, the Italian electric utility company, the second-largest in Europe by market capitalization, unveiled that it will sell its 40% stake in Arctic Russia BV, a joint venture with Eni that owns 49% of SeverEnergia. Enel will receive 1.8 billion USD from Rosneft and the completion of transaction is subject to regulatory and other approvals.
read more... 26/09/2013
Rosneft and SOCAR to seal oil and gas cooperation deal
Russian crude oil giant, Rosneft on Tuesday sealed an oil and gas deal with Azerbaijan's state energy firm, SOCAR.
read more... 15/08/2013
End of Gazprom’s Russian gas export monopoly approaches
Russian President Vladimir Putin signalled the gradual end of state-controlled Gazprom's monopoly on exports of natural gas, opening the way for rivals Novatek and Rosneft to compete for huge new Asian markets.
read more... 25/06/2013
China on the track to become Russia’s biggest oil buyer in 2018
China is on the way to become Russia’s largest oil buyer within five years, after the Russian oil giant Rosneft decided to more than double the shipments in exchange for loans.
read more... 09/04/2013