The Russian state-run oil giant said the cost of its acquisition is $1.125 bn.
Read More »Gazprom Neft Announces New Hydrocarbon Discovery in Western Pacific
The development of Gazprom Neft’s offshore assets remains a strategic priority for the company.
Read More »Russia`s Rosneft Aims for Big Boost in Oil Exports to China
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.
Read More »3 Foreign Oilfield Proposals Under Review
According to Zanganeh. Tehran aims to sign 10 new oil deals by the end of the current fiscal year (March 20. 2018).
Read More »Russia. China to Benefit from U.S. Sanctions On Venezuela
Chinese companies have moved into Venezuelan upstream activities as well. However. here the primary play has been to control oil export revenues.
Read More »German Ex-Chancellor Schroeder Approved as Rosneft Board Chairman
Under the directive. Schroeder was nominated as a candidate for Chairman of the Board of directors of Rosneft.
Read More »Iraqi Government Asks Foreign Countries to Stop Oil Trade with Kurdistan
Kurdish oil production has been dominated by mid-sized oil companies such as Genel. DNO. Gulf Keystone and Dana Gas.
Read More »Rosneft to Finalize Pipeline Project in Iraqi Kurdistan
Rosneft and Kurdistan Regional Government are negotiating implementation of the project for construction of gas pipeline system on a fast track basis.
Read More »Will The White House Prevent Rosneft from Buying Citgo?
The possibility of Rosneft taking over the whole of PDVSA seems a bit far-fetched.
Read More »Vitol Ups Cash-for-Oil Deals with Kazakhstan to $5B
Vitol. the world’s largest independent commodity trader. is increasing its export prepayment deals to secure more oil trade with cash-strapped producers.
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