Tag Archives: Rosneft

In 2015. PDVSA sought to sell Citgo but was unable to find a buyer.

Major new projects such as Suzun and Messoyakhaneftegaz are being developed ``fully in line`` with the plan the company said in a statement.

Russian energy juggernaut annoys Baghdad as it pumps in cash to restive region under crude oil purchase contract.

The US had sought to persuade India to secure its future energy supply using an alternative TAPI pipeline.

Russia intends to build a trans-Azeri pipeline to Iran. which will not only strengthen bilateral Russian-Iranian relations and their trilateral expansion with Azerbaijan.

Iran and Russia signed several agreements to promote cooperation over energy issues during President Putin’s visit.

The massive size of the agreements is a very important data point for western oil and gas firms. which have been jockeying for a position in Iran’s high-potential petroleum sector.

Oil giant Rosneft has also planned to venture into LNG. and signed in May 2014 a preliminary deal with ExxonMobil to cooperate on the Far East LNG project.

The parties have agreed upon the main principles of Rosneft’s participation in projects in the Islamic Republic of Iran and approved the path forward plan.

The parties will begin work on the project next year. after they will have signed all the legal paperwork later this year. according Novak.