The return of top oil deal-maker John Browne
John Browne’s return to the top of an oil company started with a phone call from a Russian oligarch who had $10 billion burning a hole in his pocket.
Rosneft
OPEC plus or OPEC minus? Rosneft points to oil cartel in flux
Since late 2016, the Organization of Petroleum Exporting Countries and other nations, including Russia, Kazakhstan and Mexico, have managed the oil market, giving birth to a group popularly known as OPEC+.
Rosneft sets cashflow record as Russian oil hits the sweet spot
Rosneft PJSC posted record cash flow in the second quarter as Russian oil companies hit a sweet spot of rising crude prices and a weakening ruble.
Rosneft approves £1.5bn share buyback scheme
Russian oil company Rosneft has approved a £1.5billion share buyback scheme as it looks to become more attractive to investors.
Rosneft takes Irish detour around sanctions aided by Moscow bank
A Russian oil company effectively barred from international capital markets by western sanctions has found an ingenious workaround. It involves a Moscow bank taking a detour to Dublin.
BP feeling Russian sanctions pinch through stake in Rosneft
London-listed Russian stocks have slumped as companies suffered from delayed investor reaction to the launch of US sanctions against Moscow on Friday.
Russia’s Rosneft opens research centre in Qatar
Russian oil company Rosneft has announced it has opened a new centre for research and development in Qatar.
Rosneft’s earning rise by almost 10% in 2017
Russian oil giant Rosneft said higher oil prices and increase production helped the company increase its adjusted earnings by almost 10% last year.
Russian president says US Government’s Putin list is ‘hostile step’
Russian president Vladimir Putin has called a long-awaited US list of Russian businessmen and officials who have flourished under his presidency a "hostile step" that harms relations between Moscow and Washington.
Eni suspends Rosneft-led Black Sea drilling project over U.S. sanctions
Eni has suspended its drilling in an offshore project in the Black Sea over sanctions imposed by the US, according to Reuters.
Sistema, Rosneft bury hatchet in row over Bashneft
Russian holding company Sistema has settled its lawsuit with oil giant Rosneft over regional producer Bashneft.
Rosneft, BP join forces on Yamal-Nenets project
Rosneft and BP will go after reserves exceeding 880billion cubic metres of gas in the remote Yamal-Nenets in northern Russia.
Rosneft spuds well on Black Sea mega licence
Russian oil giant Rosneft has spudded the Maria-1 exploration well in the Black Sea.
Former Russian minister found guilty of taking huge bribe
A former Russian economic development minister has been found guilty of accepting a £1.5 million bribe from a top ally of President Vladimir Putin.
Russian firm Sistema sues Rosneft, Bashneft for £4bn
Russian holding company Sistema has announced that that it has filed a lawsuit against Rosneft over the oil major's purchase of Bashneft.
Russian prosecutors ask for 10-year prison term for ex-minister
Russian prosecutors have asked a court to send a former economic development minister to a high-security prison for 10 years.
New China star sells first oil from $9bn Rosneft deal
A Chinese firm that’s grown from a small local trader to a global deal-making juggernaut sold its first cargo of Russian crude after buying a $9 billion stake in Rosneft.
$2m in cash on show in Russian ex-minister’s bribery trial
Prosecutors have displayed two million dollars in cash, which they claim was a bribe, at the corruption trial of a former Russian economic development minister.
Rosneft to take stake in main Kurdistan pipeline
Russian oil giant Rosneft has agreed to operate Kurdistan's main oil pipeline.
Rosneft acquires 30% stake in Zohr field in $1.1bn
Rosneft has acquired a 30% stake in the Zohr field, the largest gas field in the Mediterranean Sea.
Former German chancellor Gerhard Schroeder joins Rosneft
Ex-German chancellor Gerhard Schroeder has been named as the new chairman of Russian state oil giant Rosneft, it is reported.
Rosneft to help pay for new Kurdistan export pipelines
Russian oil giant Rosneft said today that will soon finalise a deal to develop pipelines in the Kurdistan region of Iraq.
New China energy star unsated after $9bn Rosneft deal
A $9 billion stake in one of the world’s biggest oil companies may not be enough for CEFC China Energy Co.
Rosneft confirms acquisition of Indian refinery stake
Russian oil giant Rosneft today confirmed that it had completed the acquisition of 49% of Indian firm Essar Oil.
Ex-German Chancellor Schroeder nominated for Rosneft board
The Russian Government has put former German Chancellor Gerhard Schroeder forward for a place on the Rosneft board.