Rosneft, Oil and Gas
Rosneft intends to close the deal on the purchase of a 30% stake in the Shouruk project from Eni in Q2 2017, Rosneft reports.
On Tuesday the European Court of Justice in Luxembourg recognized EU sanctions against Russia's largest oil company Rosneft legitimate.
The Government of the Primorie region hopes that the launch of Eastern Oil Chemicals Company of Rosneft will allow to meet the growing need of the Far Eastern federal district in motor fuel.
Rosneft has been recognized as the winner of the auction for the right to use subsoil for the purpose of geological exploration, prospecting and production of oil and gas at the Oktyabrsky license
In 2016 Rosneft increased investment into the projects in Venezuela by 21.3% to 91 bln roubles, the company reports.
The prices of petrol on the commodity exchange continue to grow against the background of the unplanned production cuts at the Ufa refinery, which now belongs to Rosneft.
Venezuelan authorities have sent a directive to further reduce the oil production at several fields in the Orinoco belt to fulfill the agreement with the OPEC.
The international rating agency Standard & Poor's (S&P) has improved the outlook for long-term foreign and local currency ratings of 13 Russian companies and their subsidiaries to "
Transneft increased the revenue from oil pumping of Rosneft by 10.13% to 265.9 bln roubles in 2016 against 2015, is said in the company’s report under IAS.
RN-Purneftegaz has produced 100 billion cubic meters of gas since beginning of its operation in 1986.