Rosneft and CNPC Sign Memorandum to Expand Cooperation in Upstream Projects in East Siberia
Rosneft President and Chairman of the Management Board Igor Sechin and Chairman of the China National Petroleum Corporation Zhou Jiping have signed a Memorandum to expand cooperation in upstream projects in East Siberia in the presence of first vice premier of the People’s Republic of China Zhang Gaoli. The Memorandum …
Igor Sechin Takes Part in 22nd World Energy Congress
Igor Sechin, Rosneft President and Chairman of the Management Board, took part in the 22nd World Energy Congress in Daegu, South Korea. The World Energy Congress is one of the most authoritative international energy forums and a key place for the development of energy dialogue between nations. At the forum, …
Rosneft and Transneft Sign Agreements on Key Projects
Rosneft President and Chairman of the Management Board Igor Sechin and Transneft President Nikolai Tokarev have signed a number of agreements in fulfillment of the strategic plans on mutually beneficial terms and based on principles of co-financing to increase oil supplies volumes to China and to the Rosneft’s Tuapse refinery …
Rosneft Acquires 51% Stake in Petroresurs
Igor Sechin, Rosneft President and Chairman of the Management Board and Ian Lundin, Chairman of the Board of Directors of Lundin Petroleum AB today signed heads of agreement on Rosneft’s acquisition of a 51% interest in Petroresurs LLC. Commenting on the signing, Igor Sechin said: “The agreements reached will enable …
Rosneft’s Sechin Offers to Buy Out TNK-BP Minorities
Russian Rosneft’s board will consider the possibility of buying out minority shareholders of TNK-BP Holding, offering a 20 to 30 percent premium to the current share price, Rosneft’s head Igor Sechin said on Friday, reported by Reuters “This will reflect a fair price, we think that the premium to the …
Rosneft and ExxonMobil Selects Contractors for Initial Phase Engineering and Design for Russian Far East LNG Project
Rosneft and ExxonMobil today selected CB&I UK and Foster Wheeler Energy as contractors for initial phase front end engineering and design (FEED) for a proposed Russian Far East liquefied natural gas project. Rosneft and ExxonMobil intend to finalize project design by the end of 2014, including front-end engineering and design …
Rosneft Agrees Gas Supplies to Fortum Assets in Russia
Rosneft and Fortum have signed a cooperation agreement on additional gas supplies. The document was signed by Rosneft President and Chairman of the Management Board Igor Sechin and Fortum CEO Alexander Chuvayev. Under the document signed, by December 10, 2013 the parties will agree terms of the gas supply contract, …
Rosneft Agrees Long Term Gas Supplies to Enel Assets in Russia
Rosneft and Enel OGK-5 signed an agreement on the long-term gas supplies to Enel OGK-5 enterprises. The agreement was signed by Rosneft President, Chairman of the Management Board, Igor Sechin and General Director of OJSC Enel OGK-5 Enrico Viale. As part of the agreement Rosneft plans to deliver gas in …
Rosneft President on a Business Trip to Republic of Belarus
On a business trip to Belarus, Rosneft President and Chairman of the Management Board Igor Sechin met President of Belarus Aleksandr Lukashenko. The parties have confirmed mutual interest to furthering business relationship between the largest Russian oil company and the Republic of Belarus and discussed a variety of matters regarding …
Rosneft: Green Light to Complete Taas-Yuriakh Purchase
Rosneft won clearance to bid for the remaining stake in a mid-sized Russian oil producer in which it already owns 35 percent, continuing an expansion drive which has made it the world’s largest oil company by output in just a year. Russia’s antimonopoly watchdog FAS said in a statement on …