Rosneft

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27m
Business Standard India
Private firms' investments on slow laneis to reduce debt,” said an Essar group executive. The group has agreed to sell
Private firms' investments on slow lane
Business Standard India / Posted 27 minutes ago
is to reduce debt,” said an Essar group executive. The group has agreed to sell its Jamnagar refinery to Russian oil major Rosneft. Banks are also dragging their feet on loans over fears of prosecution by government agencies at a later date. “The... Read more
7h
Business Standard India
India Inc's investment slows under Modiis to reduce debt,” said an Essar group executive. The group has agreed to sell
India Inc's investment slows under Modi
Business Standard India / Posted 7 hours ago
is to reduce debt,” said an Essar group executive. The group has agreed to sell its Jamnagar refinery to Russian oil major Rosneft. Banks are also dragging their feet on loans over fears of prosecution by government agencies at a later date. “The... Read more
1d
EuroNews
BP's profit down 45% in Q2, cuts investment budget$5.2 billion from the 2010 Gulf of Mexico oil spill – and lower contributions f
BP's profit down 45% in Q2, cuts investment budget
EuroNews / Posted yesterday
$5.2 billion from the 2010 Gulf of Mexico oil spill – and lower contributions from BP’s stake in Russian oil producer Rosneft. As a result BP announced more cuts to its investment budget for this year to less than $17 billion. BP predicted... Read more
54 related stories
1d
International Business Times
Has oil giant BP finally got its house in order? forward, nor did ExxonMobil launch a hostile takeover bid for it. BP maintains
Has oil giant BP finally got its house in order?
International Business Times / Posted yesterday
forward, nor did ExxonMobil launch a hostile takeover bid for it. BP maintains its presence in the US, has tied-up with Rosneft of Russia, is increasing natural gas exploration (eg. Oman) and has continued asset divestment at pace, having... Read more
1d
Channel NewsAsia
Special Report: In Venezuela's murky oil industry, the deal that went too farUS$4.5 billion according to one PDVSA document. Alarm bells rang among PDVSA's
Special Report: In Venezuela's murky oil industry, the deal that went too far
Channel NewsAsia / Posted yesterday
US$4.5 billion according to one PDVSA document. Alarm bells rang among PDVSA's foreign partners, which include Chevron and Rosneft . Trenaco, headquartered in Switzerland but largely run out of Colombia, had edged out the world's top service... Read more
1d
Fortune
BP's Profits Plunge as Global Oil Remains in High Supplycosts relating to Gulf of Mexico oil spill liabilities, and a lower contributio
BP's Profits Plunge as Global Oil Remains in High Supply
Fortune / Posted yesterday
costs relating to Gulf of Mexico oil spill liabilities, and a lower contribution from BP’s stake in Russian oil producer Rosneft. BP said that second-quarter underlying replacement cost profit, its most-watched profit measure, was $720 million,... Read more
54 related stories
1d
Reuters
In Venezuela's murky oil industry, the deal that went too farto one PDVSA [PDVSA.UL] document. Alarm bells rang among PDVSA's foreign partne
In Venezuela's murky oil industry, the deal that went too far
Reuters / Posted yesterday
to one PDVSA [PDVSA.UL] document. Alarm bells rang among PDVSA's foreign partners, which include Chevron (CVX.N) and Rosneft (ROSN.MM). Trenaco, headquartered in Switzerland but largely run out of Colombia, had edged out the world's top... Read more
1d
The Globe and Mail
BP misses profit expectations, cuts investment againcosts relating to Gulf of Mexico oil spill liabilities, and a lower contributio
BP misses profit expectations, cuts investment again
The Globe and Mail / Posted yesterday
costs relating to Gulf of Mexico oil spill liabilities, and a lower contribution from BP’s stake in Russian oil producer Rosneft . BP said that second-quarter underlying replacement cost profit, its most-watched profit measure, was $720-million,... Read more
54 related stories
1d
The Economic Times
Oil and gas stocks rally on mega PSU merger buzzoil conglomerate by merging 13 state oil companies, which will have a bigger ma
Oil and gas stocks rally on mega PSU merger buzz
The Economic Times / Posted yesterday
oil conglomerate by merging 13 state oil companies, which will have a bigger market value than the Russian state oil giant Rosneft and India's Reliance Industries. Morgan Stanley raised its price target by 37-53 per cent for the oil marketing... Read more
2d
The Globe and Mail
Dion sits down for first meeting with Russian foreign minister in yearsof Russian President Vladimir Putin who have business ties with Canada. Both I
Dion sits down for first meeting with Russian foreign minister in years
The Globe and Mail / Posted 2 days ago
of Russian President Vladimir Putin who have business ties with Canada. Both Igor Sechin, head of state-owned oil company Rosneft, which purchased a stake in Alberta’s oilsands in 2012, and Vladimir Yakunin, head of Russia’s state-owned railway... Read more
2 related stories
2d
Business Standard India
Proposed oil PSUs' merger: Is it doable or just another pipe dream?not make sense to fight out the above issues. For one, a mammoth organisation b
Proposed oil PSUs' merger: Is it doable or just another pipe dream?
Business Standard India / Posted 2 days ago
not make sense to fight out the above issues. For one, a mammoth organisation buying equity in another global behemoth like Rosneft could turn out to be a disaster diplomatically and financially if things don’t work out the way they are conceived.... Read more
5 related stories
2d
Business Standard India
Will the proposal to merge oil PSUs be a story of Snow White and 13 Dwarfs?not make sense to fight out the above issues. For one, a mammoth organisation b
Will the proposal to merge oil PSUs be a story of Snow White and 13 Dwarfs?
Business Standard India / Posted 2 days ago
not make sense to fight out the above issues. For one, a mammoth organisation buying equity in another global behemoth like Rosneft could turn out to be a disaster diplomatically and financially if things don’t work out the way they are conceived.... Read more
5 related stories
2d
The Economic Times
Government set to start talks on merging 13 state oil companies to create behemothevaluating the prospects of creating the conglomerate, which will have a bigger
Government set to start talks on merging 13 state oil companies to create behemoth
The Economic Times / Posted 2 days ago
evaluating the prospects of creating the conglomerate, which will have a bigger market value than Russian state oil giant Rosneft and India's Reliance Industries Ltd, sources said. It plans to consult all stakeholders including the state firms... Read more
5 related stories
3d
The Economic Times
Russia will cover oil shortfall: Goldman Sachsbarrels a day from 2015. By contrast, the IEA expects output to fall by 160,00
Russia will cover oil shortfall: Goldman Sachs
The Economic Times / Posted 3 days ago
barrels a day from 2015. By contrast, the IEA expects output to fall by 160,000 barrels a day over the same period. Rosneft accounts for more than a third of Russia's output, so the oil giant's performance over the coming years will be a big... Read more
4d
The Hindu
Essar Group to sell 73% in oil armat more than Rs.100,000 crore. The promoters have signed an agreement to sell
Essar Group to sell 73% in oil arm
The Hindu / Posted 4 days ago
at more than Rs.100,000 crore. The promoters have signed an agreement to sell 49 per cent stake in the company to OAO Rosneft, Russia’s largest energy company. In addition, the promoter group is in advanced talks with global oil traders such... Read more
4d
Zero Hedge
End Of An Era: The Rise And Fall Of The Petrodollar Systemtheir oil rather than dollars. We have already seen changes in oil sale agreem
End Of An Era: The Rise And Fall Of The Petrodollar System
Zero Hedge / Posted 4 days ago
their oil rather than dollars. We have already seen changes in oil sale agreements made in recent years. In 2013, Russia’s Rosneft agreed to supply China with oil worth USD 270 billion, the largest agreement to date. Additionally several OPEC... Read more
6d
The Economic Times
OVL raises $1 billion through dollar bonds for Vankor stake buyhad in September last year struck a deal to buy 15 per cent in the Russia's sec
OVL raises $1 billion through dollar bonds for Vankor stake buy
The Economic Times / Posted 6 days ago
had in September last year struck a deal to buy 15 per cent in the Russia's second biggest oil field of Vankor from Rosneft for $1.268 billion. OVL had signed the agreement to buy 15 per cent stake in Vankorneft, the developer of the Vankor... Read more
2 related stories
6d
Business Standard India
OVL raises $1 billion through dollar bonds for Vankor stake buywas 22 million tonnes. The 15% stake will give OVL 3.3 million tonnes per annu
OVL raises $1 billion through dollar bonds for Vankor stake buy
Business Standard India / Posted 6 days ago
was 22 million tonnes. The 15% stake will give OVL 3.3 million tonnes per annum of oil production. Prior to the deal, Rosneft, Russia's national oil company, held 100% stake in Vankorneft. This is the fourth biggest acquisition by OVL. It had... Read more
2 related stories
7d
The Economic Times
Oil India rating unchanged following revision to how royalties on Indian-produced oil is calculated: Fitchthis, combined with payments for acquisitions of a share in Taas Yuriakh and Va
Oil India rating unchanged following revision to how royalties on Indian-produced oil is calculated: Fitch
The Economic Times / Posted 7 days ago
this, combined with payments for acquisitions of a share in Taas Yuriakh and Vankor from Russia's national oil company, Rosneft, will weaken OIL's leverage beyond what is comfortable for its standalone credit assessment, which is net debt/EBITDA... Read more
7d
The Moscow Times
Russia's 'Second Most Powerful Man' Building $60M Home Near MoscowIgor Sechin, head of state-owned oil company Rosneft and a close advisor to Pre
Russia's 'Second Most Powerful Man' Building $60M Home Near Moscow
The Moscow Times / Posted 7 days ago
Igor Sechin, head of state-owned oil company Rosneft and a close advisor to President Vladimir Putin, is building a new $60 million mansion on land close to a presidential residence outside Moscow, the Vedomosti newspaper reported Wednesday. Sechin,... Read more
7d
The Moscow Times
Majority of Europeans Against EU's Russia Policyfollowing travel restrictions to other popular destinations, including Egypt an
Majority of Europeans Against EU's Russia Policy
The Moscow Times / Posted 7 days ago
following travel restrictions to other popular destinations, including Egypt and Turkey. Russian state energy company Rosneft has also recently signed a new contract agreeing to supply the country with oil. At the same time, 71 percent of... Read more
8d
The Moscow Times
Rosneft Income Up 59%Rosneft on Monday reported a 59 percent rise in net income and lower debt level
Rosneft Income Up 59%
The Moscow Times / Posted 8 days ago
Rosneft on Monday reported a 59 percent rise in net income and lower debt levels in the second quarter as output rose at its new and established Siberian fields. The group's $2.56 billion net profit narrowly missed the $2.66 billion average forecast... Read more
9d
The Moscow Times
Rosneft Wants to Break Gazprom MonopolyRosneft wants to break the monopoly of Gazprom to export gas via pipelines, sig
Rosneft Wants to Break Gazprom Monopoly
The Moscow Times / Posted 9 days ago
Rosneft wants to break the monopoly of Gazprom to export gas via pipelines, signaling a flare-up between powerful clans, sources said. In a sign of Sechin's rising clout, Rosneft and Russia's largest nonstate gas producer Novatek have already... Read more
9d
The Moscow Times
Russian Firms Monitoring Ukraine Exposurerevenue and 12 percent to the Group OIBDA. Networks operate in standard mode.Oi
Russian Firms Monitoring Ukraine Exposure
The Moscow Times / Posted 9 days ago
revenue and 12 percent to the Group OIBDA. Networks operate in standard mode.Oil and Gas Russia's largest oil company, Rosneft, could soon buy Ukraine's Odessa oil refinery, which has been secured by VTB because of the outstanding debts of the... Read more
9d
The Moscow Times
Russian Oil Firms Increase Profits and Output On Weak Rubleadded that current valuations offer an attractive entry point into the sector,
Russian Oil Firms Increase Profits and Output On Weak Ruble
The Moscow Times / Posted 9 days ago
added that current valuations offer an attractive entry point into the sector, upgrading Bashneft, Gazprom Neft and Rosneft to ‘buy’ and forecasting Russian oil output to grow by 1.1 percent this year. Rosneft, Russia’s top oil producer, is... Read more
12d
The Moscow Times
Russian Government Presents Rosneft Privatization GuidelinesThe Russian government has announced the criteria for purchasing private shares
Russian Government Presents Rosneft Privatization Guidelines
The Moscow Times / Posted 12 days ago
The Russian government has announced the criteria for purchasing private shares of state-owned oil company Rosneft, the Vedomosti business daily reported Friday. The government is selling 19.5 percent of Rosneft's total shares, and hopes to make at... Read more
2 related stories
13d
The Economic Times
In economic crisis, Vladimir Putin helps a mogul he once attackedinvolved in brokering the deal included Igor Sechin, a Putin lieutenant and chi
In economic crisis, Vladimir Putin helps a mogul he once attacked
The Economic Times / Posted 13 days ago
involved in brokering the deal included Igor Sechin, a Putin lieutenant and chief executive of state-owned oil giant Rosneft, according to one source. Sechin told Reuters he did not want to disclose his discussions with Putin, but said he... Read more
3 related stories
13d
Swissinfo
In economic crisis, Putin helps a mogul he once attackedinvolved in brokering the deal included Igor Sechin, a Putin lieutenant and chi
In economic crisis, Putin helps a mogul he once attacked
Swissinfo / Posted 13 days ago
involved in brokering the deal included Igor Sechin, a Putin lieutenant and chief executive of state-owned oil giant Rosneft, according to one source. Sechin told Reuters he did not want to disclose his discussions with Putin, but said he... Read more
3 related stories
13d
Reuters
In economic crisis, Putin helps a mogul he once attackedinvolved in brokering the deal included Igor Sechin, a Putin lieutenant and chi
In economic crisis, Putin helps a mogul he once attacked
Reuters / Posted 13 days ago
involved in brokering the deal included Igor Sechin, a Putin lieutenant and chief executive of state-owned oil giant Rosneft, according to one source. Sechin told Reuters he did not want to disclose his discussions with Putin, but said he... Read more
3 related stories
13d
Channel NewsAsia
In economic crisis, Putin helps a mogul he once attackedinvolved in brokering the deal included Igor Sechin, a Putin lieutenant and chi
In economic crisis, Putin helps a mogul he once attacked
Channel NewsAsia / Posted 13 days ago
involved in brokering the deal included Igor Sechin, a Putin lieutenant and chief executive of state-owned oil giant Rosneft, according to one source. Sechin told Reuters he did not want to disclose his discussions with Putin, but said he... Read more
3 related stories
14d
The Moscow Times
Reluctantly, Russia Starts Sell-Off of Major State CompaniesPrime Minister Igor Shuvalov said Russia's privatization program was on track,
Reluctantly, Russia Starts Sell-Off of Major State Companies
The Moscow Times / Posted 14 days ago
Prime Minister Igor Shuvalov said Russia's privatization program was on track, and stakes in oil producers Bashneft and Rosneft and shipbuilder Sovkomflot were on the way to market. But continuing privatization is far from guaranteed. Bashneft... Read more
2 related stories
15d
Investopedia
Russia Resorts to Asset Sales to Fund Budget (ALRS.ME)Russian Economy Minister Alexei Ulyukayev confirmed government plans to privati
Russia Resorts to Asset Sales to Fund Budget (ALRS.ME)
Investopedia / Posted 15 days ago
Russian Economy Minister Alexei Ulyukayev confirmed government plans to privatize other state-controlled companies such as Rosneft, Bashneft, Sovcomflot and VTB Bank, according to Reuters. The government hopes to generate around $15.6 billion from... Read more
2 related stories
15d
The Moscow Times
Russian Lender VTB Excluded From 2016 Privatizationto comment. Shuvalov did say that the government is already planning �enough s
Russian Lender VTB Excluded From 2016 Privatization
The Moscow Times / Posted 15 days ago
to comment. Shuvalov did say that the government is already planning �enough sales� this year, including Bashneft and Rosneft. �After all, we need to leave something for next year,� he said. Initially, state property management agency... Read more
16d
The Daily Comet
Oil trader Trafigura profits from growing U.S. crude exportsthan $1 for much of February and April. The shipments from the U.S., together
Oil trader Trafigura profits from growing U.S. crude exports
The Daily Comet / Posted 16 days ago
than $1 for much of February and April. The shipments from the U.S., together with an alliance with Russian state-owned Rosneft, have helped Trafigura to become the world's second-largest independent oil trader, handling 4 million barrels a day... Read more
16d
The Houma Courier
Oil trader Trafigura profits from growing U.S. crude exportsthan $1 for much of February and April. The shipments from the U.S., together
Oil trader Trafigura profits from growing U.S. crude exports
The Houma Courier / Posted 16 days ago
than $1 for much of February and April. The shipments from the U.S., together with an alliance with Russian state-owned Rosneft, have helped Trafigura to become the world's second-largest independent oil trader, handling 4 million barrels a day... Read more
16d
The Moscow Times
Russia Sells Stake in Diamond Miner Alrosa for $815 Millionplans to sell shares in a number of large state-owned companies in the coming m
Russia Sells Stake in Diamond Miner Alrosa for $815 Million
The Moscow Times / Posted 16 days ago
plans to sell shares in a number of large state-owned companies in the coming months, including oil producers Bashneft and Rosneft, shipbuilder Sovkomflot. Economic Development Minister Alexei Ulyukayev told Vesti television on Monday the... Read more
18d
Business Standard India
Essar's US unit files for bankruptcyOn Friday, Tatas decided to hold the sale and look for other alternatives. Bac
Essar's US unit files for bankruptcy
Business Standard India / Posted 18 days ago
On Friday, Tatas decided to hold the sale and look for other alternatives. Back home, the Essar group is in talks with Rosneft to sell its 49 per cent stake in refinery for $2.8 billion in cash. It will sell another 25 per cent stake in the... Read more
18d
Business Standard India
Essar's US steel unit files for bankruptcythe British units to the highest bidder but on Friday decided to stay the sale.
Essar's US steel unit files for bankruptcy
Business Standard India / Posted 18 days ago
the British units to the highest bidder but on Friday decided to stay the sale. In India, the Easar group is in talks with Rosneft to sell its 49% stake in its refinery business for $2.8 billion in cash. It will sell another 25% stake in the... Read more
20d
Offshore Magazine
GLOBAL E&Pto withstand ice 2 m (6.6 ft) thick and temperatures down to -50°C (-58°F). In
GLOBAL E&P
Offshore Magazine / Posted 20 days ago
to withstand ice 2 m (6.6 ft) thick and temperatures down to -50°C (-58°F). In the Sea of Okhotsk off northeast Russia, Rosneft has started production from the Lebedinskoye oil/gas/condensate field via a 5.3-km (3.3-mi) horizontal extended-reach... Read more
20d
The Manila Times
Russia selling stake in diamond miner Alrosacrisis over the drop in oil prices and Western sanctions over Ukraine. Stakes
Russia selling stake in diamond miner Alrosa
The Manila Times / Posted 20 days ago
crisis over the drop in oil prices and Western sanctions over Ukraine. Stakes are also set to be sold off in oil producers Rosneft and Bashneft, with the state recently controversially grabbing back control of the latter. Authorities are... Read more
20d
The Economic Times
Russia launches diamond giant stake sale in fundraising drivecrisis over the drop in oil prices and Western sanctions over Ukraine. Stakes
Russia launches diamond giant stake sale in fundraising drive
The Economic Times / Posted 20 days ago
crisis over the drop in oil prices and Western sanctions over Ukraine. Stakes are also set to be sold off in oil producers Rosneft and Bashneft, with the state recently controversially grabbing back control of the latter. Authorities are... Read more
21d
The Financial Express
IOC deal spoils OVL’s Vankor deal negotiationsIn March this year, Rosneft agreed to sell another 11 per cent to OVL. Simultan
IOC deal spoils OVL’s Vankor deal negotiations
The Financial Express / Posted 21 days ago
In March this year, Rosneft agreed to sell another 11 per cent to OVL. Simultaneously, it struck a deal to sell 23.9 per cent in Vankor to a consortium of Oil India Ltd (OIL), Indian Oil Corp (IOC) and a unit of Bharat Petroleum Corp Ltd (BPCL).... Read more
21d
The Economic Times
OIL-IOC deal spoils OVL's Vankor deal negotiationsfor buying 23.9 per cent stake in Vankor for USD 2.02 billion. OIL-IOC-BPCL co
OIL-IOC deal spoils OVL's Vankor deal negotiations
The Economic Times / Posted 21 days ago
for buying 23.9 per cent stake in Vankor for USD 2.02 billion. OIL-IOC-BPCL consortium has also agreed to pay interest to Rosneft till such time the deal is closed and all payments made, which is likely by September 30. Sources said Rosneft is... Read more
26d
Business Standard India
Trafigura in talks to buy minority stake in Essar Oildemand for petroleum products is rising rapidly as the economy expands. Trafigu
Trafigura in talks to buy minority stake in Essar Oil
Business Standard India / Posted 26 days ago
demand for petroleum products is rising rapidly as the economy expands. Trafigura would join Russian state oil producer OAO Rosneft, which signed a non-binding agreement in March to purchase a 49 per cent stake in Mumbai-based Essar Oil. The... Read more
5 related stories
26d
The Moscow Times
Eastern Promises: Putin's Slow Pivot to Chinaa large buyer of Russian food and produce. There were a few mid-size deals sig
Eastern Promises: Putin's Slow Pivot to China
The Moscow Times / Posted 26 days ago
a large buyer of Russian food and produce. There were a few mid-size deals signed during Putin's trip. State oil giant Rosneft agreed to a year-long 2.4 million ton delivery deal with China's National Chemical Corporation (ChemChina). ChemChina... Read more
26d
Reuters
BP-Exxon impasse blocks renewal of giant Azeri oil dealyear later, BP lost a deal to drill for oil in the Russian Arctic after a surpr
BP-Exxon impasse blocks renewal of giant Azeri oil deal
Reuters / Posted 26 days ago
year later, BP lost a deal to drill for oil in the Russian Arctic after a surprise decision by its long-time local partner Rosneft to chose Exxon. Then last year, BP was among a group of top oil firms that made a rare joint appeal in support of... Read more
26d
Channel NewsAsia
BP-Exxon impasse blocks renewal of giant Azeri oil dealyear later, BP lost a deal to drill for oil in the Russian Arctic after a surpr
BP-Exxon impasse blocks renewal of giant Azeri oil deal
Channel NewsAsia / Posted 26 days ago
year later, BP lost a deal to drill for oil in the Russian Arctic after a surprise decision by its long-time local partner Rosneft to chose Exxon. Then last year, BP was among a group of top oil firms that made a rare joint appeal in support of... Read more
27d
The Telegraph
Aramco eyes Essar Oil stakeRuia family-controlled Essar Oil has already entered into a deal to sell a 49 p
Aramco eyes Essar Oil stake
The Telegraph / Posted 27 days ago
Ruia family-controlled Essar Oil has already entered into a deal to sell a 49 per cent stake in the company to Russia's Rosneft. The deal with Rosneft is likely to conclude next month. The sale of the 25 per cent stake is expected by August,... Read more
5 related stories
27d
Business Standard India
Ruias to give up Essar Oil controlEssar Oil and give away their control over management. Months after striking a
Ruias to give up Essar Oil control
Business Standard India / Posted 27 days ago
Essar Oil and give away their control over management. Months after striking a deal to sell 49 per cent stake to Russia's Rosneft, the Ruia family has initiated talks to sell another 25 per cent to an oil trader or a strategic investor, leaving... Read more
5 related stories
27d
The Economic Times
Essar eyes sale of Gujarat refineryof that money is owed by big business to state-run banks. Essar signed a preli
Essar eyes sale of Gujarat refinery
The Economic Times / Posted 27 days ago
of that money is owed by big business to state-run banks. Essar signed a preliminary deal with Russian state oil major Rosneft last month to sell a 49 percent stake in the refinery at Vadinar, Gujarat, which Rosneft would also supply with... Read more
5 related stories
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