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OIL MAJOR ROSNEFT
India can grow over 8% despite oil shocks, crude impact overblown in narrative: World Bank execIndia's economy shows strong growth, defying fears of oil price shocks. Neelkanth Mishra, World Bank Executive Director, states India is we...
Russia's oil major says US companies benefit from the closure of the Strait of HormuzRosneft CEO Igor Sechin stated that American energy companies are benefiting most from the closure of the Strait of Hormuz. He believes the...
Nayara Energy starts operations at Vadinar refinery after maintenance shutdownNayara Energy has restarted its Vadinar refinery. The facility, with a capacity of 400,000 barrels per day, resumed operations last week. T...
Ukrainian drone attack on Russia's Tuapse port kills oneA Ukrainian drone attack hit Russia's Tuapse port, causing a fire and killing at least one person. This major southern port is a key oil ex...
Russia oil impact: Reliance to halt oil imports under Rosneft deal, sources sayReliance Industries will halt oil imports from Russia under its long-term contract. This decision follows United States sanctions on Russia...
India resumes buying Russian Sokol oil after 2-month hiatus: SourcesIndia has resumed imports of Russian Sokol oil after a two-month hiatus, with at least two refiners receiving deliveries in February. India...
Rosneft-backed Nayara Energy appoints Prasad K Panicker as chairman"Under Mr. Fountain, the Company has established highly effective corporate governance systems, enhanced its external reputation and put in...
Oil majors Rosneft, Saudi Aramco unlikely to bid for BPCL privatisationRussia's Rosneft had expressed interest in buying the government 53.29% stake in Bharat Petroleum (BPCL) when CEO Igor Sechin visited New D...
Indian refiners RIL, Nayara Energy plan to wind down Venezuelan oil buys in April: SourcesSuch a step by Reliance, which operates the world's biggest refining complex, and Nayara - part owned by Russian oil major Rosneft - would ...
India signs pact expressing interest in taking stake in Far East Russian oilfieldsOil Minister Dharmendra Pradhan discussed investment opportunities when he met Igor Sechin, chief executive of Russian oil major Rosneft.
We will close Essar Oil deal in a few weeks: Rosneft executiveEssar Oil has been in advanced talks with to sell 49% stake to Rosneft but the deal has taken more time than inititally envisaged.
Turf war shifts: Rosneft-Essar oil deal threatens to weaken West Asia's dominanceRosneft is following a strategy by resource-rich firms and nations to secure outlets for their output, and may supply the facility with Ven...
Ruias to give up control of Essar Oil, to sell up to 74% stakeThe Ruias are planning to sell up to a 74% stake in Essar Oil in a multi-stage transaction, as they seek to reduce the debt burden of the g...
State-run oil firms looking to buy stake in Rosneft: Dharmendra PradhanRussia is seeking buyers for 19.5% stake estimated to be worth $11 billion in Rosneft, which accounts for more than 40% of Russian oil prod...
Russia's Rosneft hopes to complete Essar Oil stake purchase by JuneA stake in Essar will give Rosneft, Russia’s top oil producer, access to a large and growing fuel market that also imports about 80 per cen...
Rosneft to buy $2.4 billion Essar Oil stakeRosneft is offering around $2.4 billion for a 49% stake in Essar Oil, India's second largest refiner, sources directly familiar with the ma...
Rosneft offers stake in 10 offshore blocks to ONGC Videsh LtdRussian state oil major Rosneft has offered ONGC Videsh Ltd (OVL) a stake in nine offshore oil and gas blocks in Barents Sea and one in Bla...