Eurasia Journal News

Igor Sechin Urged to Make the Oil and Gas Sector a Priority

Improving technologies in traditional oil production reduces emissions more than immature alternative technologies, the oil and gas sector at the current stage of the green transition should become a priority for development, said the head of Rosneft Igor Sechin, speaking at the St. Petersburg International Economic Forum. “Today, improving technologies …

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Eurasia Journal News

Rosneft Has Reduced the Cost of Hydrocarbon Production in Russia

Rosneft, thanks to strict cost control in the first quarter of 2023, reduced operating costs for hydrocarbon production in Russia by 5% qoq to less than $3 per barrel of oil equivalent, the company said. “The company is systematically working to reduce operating costs to a minimum level, despite the …

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Eurasia Journal News

Daily Production at Sakhalin-1 Increased by 1.8 Times, Igor Sechin Said

Daily production at Sakhalin-1 increased by 1.8 times in the first quarter, becoming the driver for the growth of Rosneft’s hydrocarbon production, but the forced shutdown of the project due to the departure of the American ExxonMobil had a negative impact on the technical conditions for field development, the head …

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Eurasia Journal News

Igor Sechin attends Ministerial Session during the India Energy Week in Bangalore

The CEO of Rosneft Igor Sechin participated in the session with ministers during the India Energy Week: the key forum in South Asia, dedicated to the questions of energy security and ecological sustainability. Speech of Igor Sechin at the Ministerial session during the IEW in Bangalore Source

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Eurasia Journal News

The Price for Russian Oil Will Be Decided Based On the Actual Directions of Supply, Not in Europe, the Head of Rosneft Notes

This opinion was expressed by Rosneft Chief Executive Officer Igor Sechin at the ministerial session during the Indian Energy Week, a key South Asian forum dedicated to energy security and environmental sustainability. “If there are no Russian oil supplies to Europe, there is no reference price. The reference prices will …

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Eurasia Journal News

Igor Sechin Names Beneficiaries of the Global Energy Crisis

“The U.S. oil majors’ reports for the last year show that as a result of a reasonable rejection of the accelerated energy transition, focusing on extracting conventional hydrocarbons, they have become leaders in capitalization”, Igor Sechin said, speaking at the ministerial session during the Indian Energy Week, a key South …

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Eurasia Journal News

Igor Sechin: Energy Security Is No Longer Global

“The actions of the world hegemon trying to maintain its hegemony by any means, have destroyed the unified energy market”, said the head of Rosneft, speaking at the ministerial session at the Indian Energy Week, a key South Asian forum dedicated to energy security and environmental sustainability. He stressed that …

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Eurasia Journal News

Igor Sechin: Russia Develops Energy Cooperation with India

Rosneft Chief Executive Officer Igor Sechin participated in a ministerial session during the Indian Energy Week, a key South Asian forum dedicated to energy security and environmental sustainability. Indian Prime Minister Narendra Modi inaugurated the India Energy Week and participated in a roundtable discussion with the leaders of global energy …

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Eurasia Journal News

Igor Sechin Presents Keynote Speech at Special Session of 15th Verona Eurasian Economic Forum

Igor Sechin, Chief Executive Officer of Rosneft Oil Company, presented the keynote speech “The Flood on the Energy Market. The Second Abduction of Europa” at the Special Session of the 15th Verona Eurasian Economic Forum. The Special Session titled “The new reality of commodity and energy markets” has been attended …

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Eurasia Journal News

Rosneft: Financial Results for 4Q and 12M 2021

Commenting on 12M 2021 financial results Rosneft’s Chairman of the Management Board and Chief Executive Officer Igor Sechin said: “At the end of 2021, the Company’s Board of Directors approved the strategy “Rosneft-2030”: Reliable Energy and Global Energy Transition”, which takes into account the current trends related to the climate …

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