Rosneft | Egypt Oil & Gas
India’s BPCL Secures Middle Eastern Crude Deals Amid Russian Supply Pivot
Bharat Petroleum Corporation Ltd (BPCL), the second largest Indian Oil Marketing Company, secured one-year term deals for Iraqi and Omani crude grades as Indian refiners pivot back toward Middle Eastern suppliers to m...
Putin Extends Deadline for Sale of Exxon’s Sakhalin-1 Stake to 2027
Russian President Vladimir Putin has extended the deadline for the sale of ExxonMobil’s stake in the Sakhalin‑1 oil and gas project by one year, giving the US major until January 1, 2027, to complete an exit deal, Reu...
Britain Exempts Zohr Field From Russia Sanctions
Egypt’s Zohr gas field, where Russia’s Rosneft holds a 30% stake, and bp owns 10%, was added to a list of projects that the UK has exempted from its sanctions on entities with Russian holdings, according t...
Rosneft’s Net Income Drops 70% in 9M 2025
Russian oil company Rosneft reported a 70.1% decline in net income during the first nine months of 2025, falling to RUB 277 billion, according to the company’s financial results. During the same period in 2024, ...
U.S, EU Tighten Pressure on Russia with Oil, LNG Sanctions
U.S. President Donald Trump announced on Wednesday Ukraine-related sanctions for the first time in his second term, blacklisting Russian oil major companies Lukoil and Rosneft amid growing frustration with President V...
Rosneft’s H1 2025 Revenues Fall 17.6% Amid Lower Oil Prices
Rosneft’s revenue in the first half of 2025 declined to RUB 4,263 billion (around $52.88 billion), marking a 17.6% decrease compared to the same period last year, the company said in a statement. This reduction ... 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 decided to exit its joint ventures and has halted all of its investments in Russia, in addition to stopping the trade of Russian oil and gas products. The company also announced an impairment loss of $1.0... 
