Rosneft

In the first 9 months, Rosneft increased capital investments in processing by 21%

Rosneft increased its capital expenditures for the refining, commerce and logistics segment by 27% in the first nine months of 2017.

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In 2018, Rosneft to supply about 12 mln tons of oil to CEFC

The Rosneft’s Board of Directors has approved the supply about 12 million tons of crude oil to the Chinese energy company CEFC in 2018, the Reuters reports, citing its informed Chinese source

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Rosneft doesn’t obtain pipe preferences

Rosneft hasn’t managed to prove in court that it has the right to preferential taxation of the Vankor-Purpe oil pipeline.

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Iraq looks for solution on contracts between Rosneft and Iraqi Kurdistan

Rosneft may have problems with contracts the company has entered into with the Government of Iraqi Kurdistan. This was stated by Ambassador of Iraq to Russia H. Al-Azari on November 15, 2017.

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Gazpromneft decides on utilization of associated gas at the East-Messoyakhsky site

Mesoyakhaneftegaz, a joint venture between Rosneft and Gazpromneft, has determined how to utilize associated petroleum gas at the East-Messoyakhsky site, head of the Gazpromneft's Directorate f

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For the first time in 7 years oil reserves in Russia grow up to 15 billion tons.

The VNIIzarubezhgeologia company (a subsidiary of Rosgeology) prepared a report on the state of the global oil and gas industry.

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Rosneft to invest $2 bln in Egyptian field of Zuhr

Rosneft is going to invest $2 billion in the development of the Egyptian gas deposit Zuhr in the period from 2018 to 2021. This is stated in the message of the largest Russian oil company.

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In 2017, capital expenditures of Rosneft to make up 900 bln rubles

This year, capital expenditures of Rosneft will be lower than the declared level of 1 trillion rubles and will amount to 900 billion rubles, next year, this volume is planned to be maintained, - th

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In the first 9 months, Rosneft increased costs on licenses for oil and gas sites 2.3 times

Rosneft has spent 37 billion rubles to purchase licenses for oil and gas fields in January-September 2017, which is 2.3 times more than in the same period last year, the company reports.

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Rosneft plans to additionally extract 50 mln tons of oil at Samotlor due to new privilege

Additional production of Rosneft in the Samotlor field due to tax incentives will make up about 50 million tons of oil, the company reports.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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