Tag Archives: Rosneft

The cost of developing the fields is estimated at $674 million. with an additional $68 million in indirect costs.

Rosneft and CEFC Energy inked a deal on crude oil deliveries in 2017.

Rosneft is active in eastern Siberia while Exxon has been announcing discovery after discovery from its offshore licenses in Guyana.

Baghdad says only SOMO has the right to export Iraqi crude.

Energy companies including BP. Total. Statoil and Eni are present in Russia.

Glencore-QIA consortium bought a 19.5-percent stake in Rosneft in December 2016 for 692 billion rubles.

Competition between the Russian companies for the lucrative European energy market would not be in Gazprom’s best interests.

India plans to increase its crude oil refining capacity by 77 percent to 438.65 million tons.

The weaker dollar boosts U.S. exports. supporting shale producers.

The quality of crude oil is measured based on the amount of sulphur and the level of gravity or density.