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Rosneft increases its share in Bayernoil refinery

Rosneft Deutschland, a subsidiary of Russian oil giant, has completed the deal to acquire a 3.57% stake in Bayernoil Raffineriegesellschaft from British BP, Rosneft...

Rosneft, Russian Environment Ministry ink biodiversity agreement

Russian state oil giant Rosneft and Russia’s Natural Resources and Environment Ministry signed on 14 January a Cooperation Agreement as part of the national...

The big question mark for OPEC and Russia confab: Extend production cuts

MOSCOW – The Organization of the Petroleum Exporting Countries and other major oil producers led by Russia plan to meet on 1-2 July in...

Iraqi-Kurdish battles send oil prices gushing, retreating

Oil prices surged from October 13 through October 18 as fighting between Iraqi and Kurdish forces intensified, threatening supplies from northern Iraq, while markets...

Not impacted by sanctions, Russia, China ink Siberian exploration deal

Russian oil giant Rosneft and CEFC China Energy Company Limited signed a Strategic Cooperation Agreement to develop projects in Western and Eastern Siberia and...

Russia takes pass on Qatar conflict with Arab neighbours

MOSCOW – Russia, which has called for dialogue to tackle the political rift in the Arab world over Qatar, will not take sides in...

Falling Oil Prices Force Russia to Shelve Rosneft Projects

Growing pressure on Russian government resources as oil prices slide to six-year lows has prompted Economy Minister Alexei Ulyukayev to announce that the government...

Putin pours money into Venezuela oil production

Venezuela’s President Nicolas Maduro said Caracas and Russia’s sanction-hit Rosneft have agreed on around $14 billion in investment in the South American country’s oil...

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