All publications by tag «ROSNEFT»
2016, June, 23, 18:25:00ROSNEFT: STABILITY & GROWTH
"We are glad that we've managed to maintain our positions on traditional markets, primarily in Europe," Sechin said pointing out to recent agreements with PKN Orlen to increase deliveries to Poland and the Czech Republic.
2016, June, 20, 18:20:00ROSNEFT SOLD VANKOR
Rosneft and Consortium of Indian Companies led by Oil India Limited along with Indian Oil Corporation Ltd. and Bharat PetroResources have signed the agreement of sale and purchase of 23.9% in Vankorneft and the shareholders agreement at the XX St. Petersburg International Economic Forum.
2016, June, 19, 17:15:00SUSTAINABLE RUSSIAN OIL
Russia’s oil industry is “very resilient,” BP Plc CEO Bob Dudley said in St. Petersburg on Thursday. The nation’s resources are competitively priced and floating the currency has been helpful for costs, he said while announcing a new exploration joint-venture with Rosneft.
2016, June, 19, 17:10:00ROSNEFT & 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.”
2016, June, 10, 14:25:00INDIAN - RUSSIAN ADVANTAGES
ONGC Videsh Ltd. signed a $1.16 billion nine-month bridge loan on May 19 to fund the purchase of a 15 percent stake in Vankor field in Siberia from Russia’s Rosneft OAO, data compiled by Bloomberg show. Indian Oil Corp. plans a $1.2 billion fundraising for Russian investments in three or four months, including short- and long-term loans, Finance Director A.K. Sharma said in an interview on Wednesday. The average margin over benchmark rates on non-rupee loans for Indian refiners and explorers was 74 basis points this year, the lowest since 2006, the data show.
2016, June, 10, 14:05:00ROSNEFT NET INCOME DOWN 75%
In Q1 2016 net income was at RUB 14 bln. Decline of net income compared to RUB 53 bln in Q4 2015 resulted from EBITDA decrease and from recognition of one-offs from insurance compensation and sales of investments in the total amount of RUB 38 bln in other income at the end of 2015.
2016, June, 9, 18:35:00ROSNEFT'S OPTIMISTIC PERCEPTION
Rosneft is betting that south Asia will be a fast-growing market for its oil, and is keen to increase its profits from the region by investing in downstream infrastructure such as refineries and petrol stations.
2016, June, 3, 19:00:00ROSNEFT SOLD 15%
The closed transaction is symbolic for both the companies and marks transition to a new level of cooperation in the Russian-Indian relations in sphere of energy. ONGC gets substantial interest and relevant rights in one of the biggest large-scale projects of Rosneft of the last decade, whereas Rosneft retains major shares in the project and will operate on the field through the operator company RN-Vankor.
2016, May, 26, 20:30:00PERTAMINA NEED 51%
Pertamina seeks a 51% stake in the venture to build a crude-oil refinery and petrochemical plants in eastern Java, with Russian state-controlled oil major Rosneft taking the remainder, Pertamina executives and Indonesian officials said. The refinery will be capable of processing 320,000 barrels of oil a day, and the complex will require $13 billion to $14 billion in investment, they said.
2016, May, 19, 19:40:00ROSNEFT AND PETROVIETNAM COLLABORATION
The agreement provides for the expansion of cooperation between the parties in Russia, Vietnam and third countries in the area of hydrocarbon exploration and production (including offshore), processing, commerce and logistics, as well as staff training. The parties agreed to consider potential options for joint projects and define the basic terms of cooperation as well as establish a working group for each of the areas of cooperation.