Rosneft | Egypt Oil & Gas

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 Preside ...

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 wa ...

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 ...

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