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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

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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

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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

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Rosneft starts exploration in Iraq’s Kurdistan

Rosneft has started exploration in Iraq’s Kurdistan this year, First Vice President of Russia’s top oil producer Eric Liron said in an interview with TASS, adding that the work is expected to continue in 2020 and might take several years.

read more... 18/10/2019

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Rosneft Discovers New Field Offshore Sakhalin

As part of its exploration campaign, Rosneft Oil Company has successfully completed the drilling of the first prospecting and appraisal well at the Vostochno-Pribrezhny license block on the shelf of Sakhalin Island, resulting in the discovery of a new oil field.

read more... 01/10/2019

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