The US was prepared to sanction Rosneft if it continued to trade crude oil and fuel with PDVSA, but analysts said those sanctions have yet to be imposed because of the expected impact they may have on the global oil market.

Rosneft Oil Company and Indian Oil Corporation Limited (IOCL) signed a contract to supply up to 2 million tonnes of oil to India via the port of Novorossiysk by the end of 2020.

Gazprom Neft’s revenue in the nine months of 2019 grew by 2.4 percent year-on-year to RUB1.871 trillion

Rosneft already supplies crude to India, shipping to its subsidiary Nayara Energy which operates the 20 million mt/year Vadinar refinery in Gujarat.

9M 2019 Net income jumped by 25% YoY to RUB 550 bln, including a QoQ growth to RUB 225 bln in 3Q 2019

9M 2019 AVERAGE DAILY HYDROCARBON PRODUCTION AMOUNTED TO 5.78 MMBOED, INCREASING BY 0.6% YOY

Rosneft welcomes the work of Chevron, Halliburton, Schlumberger, Baker Hughes, and Weatherford companies due to another renewal of their licences by the American regulator.

Vostok Oil, a joint project of Rosneft and Independent Petroleum Company (IPC), is set to include some oil fields that are already producing and others which have yet to start, including Rosneft’s Vankor group and IPC’s Payakhskoye field.

During a meeting in Moscow last month, Russian President Vladimir Putin and Venezuelan President Nicolas Maduro, who has already threatened to nationalize Chevron's assets, discussed the possibility of Rosneft taking over Chevron's Venezuelan operations, sources said.

The Abu Dhabi National Oil Company,ADNOC, signed today a comprehensive strategic framework agreement with the Public Joint Stock Company Gazprom Neft,Gazprom Neft, to explore new opportunities for collaboration in both the upstream and downstream sectors, as well as in artificial intelligence and other innovative technologies.