Tag Archives: Rosneft

The development of Gazprom Neft’s offshore assets remains a strategic priority for the company.

Russian oil production has been steady. at around 10.9 million bpd due to a global pact to reduce total production by around 1.8 million bpd to support weak oil prices.

According to Zanganeh. Tehran aims to sign 10 new oil deals by the end of the current fiscal year (March 20. 2018).

Chinese companies have moved into Venezuelan upstream activities as well. However. here the primary play has been to control oil export revenues.

Under the directive. Schroeder was nominated as a candidate for Chairman of the Board of directors of Rosneft.

Kurdish oil production has been dominated by mid-sized oil companies such as Genel. DNO. Gulf Keystone and Dana Gas.

Rosneft and Kurdistan Regional Government are negotiating implementation of the project for construction of gas pipeline system on a fast track basis.

The possibility of Rosneft taking over the whole of PDVSA seems a bit far-fetched.

Vitol. the world’s largest independent commodity trader. is increasing its export prepayment deals to secure more oil trade with cash-strapped producers.

Lebanon is seeking to develop its energy assets after lagging behind Cyprus. Egypt and Israel in exploring for oil and natural gas in the eastern Mediterranean.