Latest news
Norway and Russia to invest in oil and gas project in Siberia
Norwegian state oil company Equinor and Russia's Rosneft will invest in the first stage of the development of North Komsomolskoy, a conventional oil and gas field in western Siberia, it was reported here.
read more... 24/12/2019
Japan lines up Russian Arctic oil investment
Japan’s government and its state-owned oil group have emerged as leading contenders for a stake in Rosneft’s $157bn Arctic project.
read more... 12/12/2019
Russia's Rosneft-led Arctic oil project to cost 10 trillion roubles -energy ministry
A ambitious new Arctic oil project led by Russia’s top oil producer Rosneft will require about 10 trillion roubles ($157 billion) of investment, Russia’s deputy energy minister Pavel Sorokin told reporters.
read more... 28/10/2019
Rosneft domestic oil tender prices plummet 15% on high freight rates
Prices in Russian energy company Rosneft’s domestic oil tender for November supplies fell by around 15%, traders said on Tuesday, reflecting lower global prices and a jump in freight rates.
read more... 23/10/2019
Russia Ready To Seize Control Of The World's Largest Oil Reserves
The Venezuelan government is readying to hand over control over state oil company PDVSA to Russia’s Rosneft, a local newspaper has reported, citing sources from the industry.
read more... 18/10/2019