Tag Archives: Rosneft

A company owned by the Russian government has acquired Rosneft’s assets in Venezuela, the cabinet’s press office told TASS on Saturday. “The government of the Russian Federation has acquired assets in Venezuela from Rosneft. A company 100% owned by the Russian Federation has become the owner,” the press service said. …

Russia is out of control. All of a sudden, it has launched an oil price war, even though it is unrealistic that the Kremlin can defeat Saudi Arabia and the United States in such a contest. Saudi Arabia’s population is one-fifth of Russia’s, while holding equivalent international currency reserves. The …

Russia introduced fresh tax relief on Wednesday for new liquefied natural gas (LNG) projects in the Arctic, focused on those intended to come on stream from 2022, the text of a law signed by President Vladimir Putin showed. The zero-rate extraction tax on natural gas will primarily benefit independent gas …

Russia’s state oil company paid $250 million to an external consultant to help secure deals in Iraqi Kurdistan. according to documents that shed new light on transactions that have strengthened Moscow’s presence in the Middle East.

Saudi Arabia has so far been thwarted by Russia in its push to shore up oil markets against the coronavirus. But when they meet next week. the humbled kingdom may yet clinch victory.

In 2018. BP invested over $10 billion to buy BHP Billiton'.s US shale business.

The Trump administration recently imposed sanctions on a subsidiary of Russia’s Rosneft.

Moscow has been a crucial supporter of the Maduro regime over the years.

U.S. sanctions on Rosneft Trading SA threaten Venezuela’s ability to export oil. but pose only a limited threat to the Russian energy giant’s wider business.

Conflict in Libya that has led to a blockade of its ports and oilfields shows no signs of a resolution.