Representatives of Glencore and the Qatar Investment Authority (QIA) were nominated to the board of Rosneft, the largest state oil company of the Russian Federation, the Vedomosti reports citing tw
It is plan to start extraction at the giant gas deposit Zohr in the Mediterranean Sea at the coast of Egypt in December 2017. It means that less than 3 years will pass after its discovery.
Rosneft has bought out BP's stake in German refineries as part of the dissolution of the joint venture Ruhr Oel GmbH (ROG) for 1.52 billion US dollars, according to the company's annual IFR
BP has made a presentation in Russia of another “Forecast of development of the world energy until 2035”.
By middle of the 2030s Europe will seriously increase gas import compared with the current level.
The BP’s profit from participation in Rosneft decreased two times compared to 2015 and amounted to $643 million in 2016, BP reports.
BP and Rosneft have signed a memorandum of the sale of Russian gas to Europe at the volume of 7-20 bln cubic m a year, Vice-President of BP in Russia, V. Drebentsov, said.
BP expects to continue working in Russia without sanctions, said the company’s general director Bob Dudley.
The Economic Development Ministry has submitted to the Government a draft order of changing status of managing director of Nord Stream AG Matthias Warnig in the Rosneft’s Board of Directors,
Rosneft and BP clinched a deal on a foundation of a joint venture “Ermak Neftegaz”