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2018-04-25 09:40:00

BP - ROSNEFT STRONG PARTNERSHIP

BP - ROSNEFT STRONG PARTNERSHIP

REUTERS - BP (BP.L) has a “very strong” partnership with Russian oil giant Rosneft (ROSN.MM) but will steer away from politics, Chief Executive Officer Bob Dudley said on Tuesday, as Moscow could face new western sanctions.

BP has a 19.75 percent stake and a board seat in the state-owned oil and gas company.

"We have a very strong partnership with Rosneft, we have had for years, but we stay out of politics," Dudley told the AIPN International Petroleum Summit in London.

Russia could face new sanctions as western governments weigh action against Moscow over its "efforts to destabilize nations."

The Group of Seven leading industrialized nations last week condemned what it said was a Russian nerve agent attack in Britain. Russia denies any involvement in the attack.

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Earlier:

 РОСНЕФТЬ И BP РЕАЛИЗУЮТ
2017, December, 25, 20:15:00

ROSNEFT - BP DEVELOPMENT

ROSNEFT - Rosneft and BP have agreed to develop subsoil resources within the Kharampurskoe and Festivalnoye licence areas of the Yamalo-Nenets Autonomous Okrug in northern Russia, with total geological reserves exceeding 880 bcm of gas.

 РОСНЕФТЬ: БОЛЬШЕ НА 423%
2017, August, 17, 15:00:00

ROSNEFT UP TO 423%

EBITDA growth by 2.9% Y/Y to RUB 639 bln Over fivefold growth in net Income Q/Q Sustainably positive free cash flow with a growth potential on the back of the key strategic project development

 RUSSIA SANCTIONS FOREVER
2016, December, 9, 18:45:00

RUSSIA SANCTIONS FOREVER

The U.S. government is to check if sanctions where violated when Russia this week struck a deal to sell a stake in oil producer Rosneft to a consortium of Qatar's sovereign fund and commodities trader Glencore, the White House said.

 

 ROSNEFT - BP - SCHLUMBERGER COOPERATION
2016, September, 2, 18:30:00

ROSNEFT - BP - SCHLUMBERGER COOPERATION

The agreements were signed at the Eastern Economic Forum (EEF) in Vladivostok, Russia by Rosneft CEO Igor Sechin, the president of BP Russia David Campbell and Schlumberger’s regional president Gokhan Saygi.

 

 ROSNEFT & BP: YERMAK NEFTEGAZ LLC
2016, June, 19, 17:10:00

ROSNEFT & BP: YERMAK NEFTEGAZ LLC

Igor Sechin, Rosneft CEO, said after signing: “These agreements serve as an example of full scale cooperation with BP, Rosneft’s strategic partner and largest minority shareholder. After creation of the Taas-Yuryakh Neftegazodobycha LLC joint venture we are now broadening the geography of our cooperation and creating a precedent which allows us to pursue cooperation in partnership with leading international companies to implement upstream projects at the largest Rosneft greenfield sites in West and East Siberia.”

 

 РОСНЕФТЬ & BP: 20%
2015, November, 30, 19:40:00

ROSNEFT & BP: 20%

The joint venture between Rosneft and BP based on Taas-Yuryakh Neftegazodobycha LLC will continue further development of the Srednebotuobinskoye oil and gas condensate field which is one of the largest fields in the Eastern Siberia. The JV will also undertake the development of suitable infrastructure for further exploration and development of the region’s reserves.

 РОСНЕФТЬ ПРОТИВ САНКЦИЙ
2015, August, 3, 17:45:00

ROSNEFT VS SANCTIONS

The Company is creating an accounting system calculating losses from the application of illegitimate sanctions, without reflecting them on the Company balance. Subsequently, the amount of losses will be submitted for reimbursement in court.

Tags: BP, ROSNEFT

Chronicle:

BP - ROSNEFT STRONG PARTNERSHIP
2018, May, 21, 10:40:00

U.S. PETROLEUM DEMAND UP BY 750 TBD

API - American Petroleum Institute reported that the first four months of this year saw U.S. petroleum demand average 750 thousand barrels a day above the same period in 2017 despite higher prices, a sign of solid economic activity. April also saw the U.S. produce a record 10.5 million barrels per day (MBD) of oil.

BP - ROSNEFT STRONG PARTNERSHIP
2018, May, 21, 10:35:00

IMF: EGYPT'S GROWTH UP

IMF - “Egypt’s growth has continued to accelerate during 2017/18, rising to 5.2 percent in the first half of the year from 4.2 percent in 2016/17. The current account deficit has also declined sharply, reflecting the recovery in tourism and strong growth in remittances, while improved investor confidence has continued to support portfolio inflows. In addition, gross international reserves rose to $44 billion by end-April, equal to 7 months of imports.

BP - ROSNEFT STRONG PARTNERSHIP
2018, May, 21, 10:30:00

U.S. RIGS UP 1 TO 1,046

BAKER HUGHES A GE - U.S. Rig Count is up 1 rig from last week to 1,046, with oil rigs unchanged at 844, gas rigs up 1 to 200, and miscellaneous rigs unchanged at 2. Canada Rig Count is up 4 rigs from last week to 83, with oil rigs up 6 to 38 and gas rigs down 2 to 45.

BP - ROSNEFT STRONG PARTNERSHIP
2018, May, 18, 09:20:00

OIL PRICE: ABOVE $79

REUTERS - Brent crude futures LCOc1 were at $79.57 per barrel at 0310 GMT, up 27 cents, or 0.3 percent from their last close. Brent broke through $80 for the first time since November 2014 on Thursday. U.S. West Texas Intermediate (WTI) crude futures were at $71.62 a barrel, up 13 cents, or 0.2 percent, from their last settlement.

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