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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, …

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Rosneft Consolidates 100% of Taas-Yuriakh Neftegazodobycha

Rosneft has consolidated 100% of Taas-Yuriakh Neftegazodobycha LLC into Rosneft subsidiary RN-Vostochnaya Sibir LLC. The consolidation of Taas-Yuriakh Neftegazodobycha will boost the efficiency of Srednebotuobinsk oil and gas field development, which is one of the largest undeveloped fields in East Siberia, and will serve as foundation to create infrastructure for …

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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 …

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Lundin Petroleum Signs Heads Of Agreement With Rosneft For the Lagansky Block

Lundin Petroleum AB  is pleased to announce that Lundin Petroleum and its partner Gunvor Group (Gunvor) have entered into a Heads of Agreement with Rosneft Oil Company (Rosneft) to jointly sell 51 percent of LLC Petroresurs. LLC Petroresurs is the 100 percent owner of the Lagansky block licence located in …

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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 …

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Rosneft Board of Directors Rules to Purchase RN Holding Shares

The Board of Directors of Rosneft made a resolution to purchase ordinary and preferred shares of ОАО RN-Holding (formerly ОАО TNK-BP Holding) based on a voluntary offer to acquire shares under the applicable laws on joint stock companies. The Board of Directors resolved to establish the voluntary acquisition price based …

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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 …

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Rosneft Acquires ALROSA Oil and Gas Assets

Rosneft agreed to acquire a number of oil and gas assets from ALROSA in Yamalo-Nenets Autonomous Region and in the Republic of Sakha (Yakutia), including 100-percent holdings in CJSC Geotransgaz, Urengoi Gas Company LLC, CJSC Irelyakhneft and the 99.9995 percent stake in OJSC ALROSA -Gas. The agreement was signed by …

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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 …

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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, …

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