Rosneft | Egypt Oil & Gas

Rosneft Vows to Continue with Vostok Oil Project Despite Partner Withdrawal

Igor Sechin, Rosneft PJSC's CEO, said Rosneft PJSC will proceed with its Vostok Oil project in the Arctic, just over a week after a key partner announced it would leave the venture over the invasion of Ukraine.

Equinor Cancels All Joint Ventures in Russia

Equinor has stopped investing in Russia, stopped trading oil and gas products from Russia, and announced an impairment loss of USD 1.08 billion as of 31 March 2022.

Russian Oil Company Rosneft Acquires 37.5% of German PCK Refinery

Through this acquisition, Rosneft will increase its ownership in PCK from 54.17 % to 91.67%.

Major Oil Traders to Reduce Russian Oil Purchases Starting From Mid-May

To avoid falling foul of European Union sanctions against Russia, major global trading decided to reduce purchases of crude and fuel from Russia's state-owned oil companies as early as May 15, Reuters reported.

Equinor, bp Announce Decision to Exit Russia

Both Equinor and bp have announced their decisions to exit and halt work in Russia due to its invasion of Ukraine.

Equinor, Rosneft Sign Carbon Management Agreement

Equinor company has signed a strategic partnership with Rosneft company to develop low carbon solutions and reduce carbon footprint through joint projects in Russia.

Rosneft Announces New Gas Condensate Discovery in Yakutia 

Russia’s Rosneft announced a new gas condensate field in the Yakutia region through one of its subsidiaries.

Rosneft Signs 73 Agreements Worth 616.5 B Rubles at SPIEF

Rosneft has signed 73 cooperation agreements for a total of 616.5 billion rubles at the XXIV St. Petersburg International Economic Forum (SPIEF), including over 50 contracts for a total of 558.8 billion rubles to ...

Rosneft Launches Natural Gas Project in Arctic

Russian Rosneft Company has launched of the Rospan International natural gas project in the Yamal region of the Arctic, NeftgazRU reported.

Russia Signs Oil Production Agreement for Boosting Priobskoye Filed Production

Rosneft Company along with the Russian Ministry of Finance and the Ministry of Natural Resources and the Environment has signed an investment agreement for boosting oil production in the Priobskoye field in the fo ...

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