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Rosneft President Igor Sechin Visits London

On 10 June 2013 Rosneft President and Chairman of the Management Board Igor Sechin went on a working trip to London, England. As part of the visit Igor Sechin took part in a bilateral dialogue on energy addressing current issues of the Russian-British cooperation in energy. Additionally, Mr. Sechin had …

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Rosneft Establishes Committee to Work with TNK-BP Holding Minority Shareholders

Rosneft follows the corporate policy of openness and plans to establish the Committee to work with minority shareholders of TNK-BP Holding. The Committee will consider suggestions and recommendations received as a result of discussions with minority shareholders and stock market players. The Committee will develop proposals for Rosneft management on …

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Rosneft To Take Over Russian Gas Firm Itera for $3bln

Russia’s state-controlled oil company Rosneft is planning to take over local gas firm Itera for $3 billion, two sources close to Rosneft said on Tuesday, strengthening its hand in challenging Gazprom’s industry dominance. Rosneft already owns a 51 percent stake in Itera, which was the top gas supplier to the …

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Rosneft Agree with INPEX on Joint Offshore Operations at the Magadan 2 and 3 Fields

Rosneft signed a cooperation agreement with INPEX CORPORATION to jointly explore license offshore blocks Magadan-2 and Magadan-3 in the Russian section of the Sea of Okhotsk. Estimated recoverable resources of the two blocks stand at 1,577 million tonnes of oil equivalent. The agreement, signed by Igor Sechin, Rosneft President and …

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Rosneft and Venezuelan Corporacion Venezolana del Petroleo Sign Joint Venture Agreement

On May 23, an agreement to create a joint venture to develop heavy oil reserves in Venezuela in the framework of the Carabobo-2 project was signed in Barcelona, Venezuela, by Rosneft and the Venezuelan Corporacion Venezolana del Petroleo (CVP), a subsidiary of PDVSA. The agreement was signed by Rosneft President …

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Russian Delegation Headed by Rosneft President I. Sechin Commences Work in Venezuela

On May 22, the Russian delegation headed by Rosneft’s President Igor Sechin started its work in Venezuela. As part of the visit, Rosneft President and Chairman of the Management Board Igor Sechin will hold talks with Venezuelan President Nicolás Maduro and Minister of Energy & Petroleum Rafael Ramírez. The parties …

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Rosneft Tax Department Named Best In-House Team of the Year by International Tax Review

International Tax Review – the leading periodical on taxation – named the best tax advisers and the best in-house tax team in London on May 15, 2013 at European Tax Awards ceremony. Rosneft’s Tax Department was named European in-house tax team of the year for direct tax. Rosneft’s Tax Department …

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Rosneft Takes Management Decisions

Rosneft has taken important decisions as part of the principal stage of TNK-BP integration, as a result of which the united Company improved efficiency of its corporate structure and introduced uniform performance standards. Rosneft Management Board cancelled standards of corporate governance in effect in TNK-BP and approved uniform policies and …

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Rosneft Head Visited GE Offshore And Underwater Hydrocarbon Production Department in Britain

Igor Sechin, Rosneft President, Chairman of the Management Board visited GE Offshore and Underwater Hydrocarbon Production Department in the English city of Aberdeen as part of a series of Rosneft delegation visits to GE production and engineering facilities. During the visit Rod Christie, Vice President, Subsea Systems, GE Oil & …

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Rosneft completes acquisition of minority stake in Saras S.p.A.

Rosneft JV Projects S.A., an indirect 100% subsidiary of Rosneft announces, pursuant to Article 41, paragraph 2, letter c) of the Consob Regulation no. 11971/1999, that on April 23, 2013 it completed the acquisition of 130,290,883 shares of Saras S.p.A. (representing approximately 13.70% of the issued share capital of Saras …

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