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ROSNEFT NEWS

Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say

December 13, 2024 10:05 am

Two sources said Reliance and Rosneft will review pricing and volumes every year under the deal to factor in oil markets dynamics.

Reliance to buy Russian oil from Rosneft in roubles: Report

May 29, 2024 8:10 am

The shift to rouble payments follows Russian President Vladimir Putin's push for Moscow and its trading partners to find alternatives to the Western financial system to facilitate trade despite U.S. and European sanctions.

BPCL in talks with Rosneft to buy oil priced on Dubai benchmark: Report

June 23, 2023 10:26 am

State-run refiner BPCL is in talks with Rosneft to buy about 6 million metric tons (43.8 million barrels) of discounted Russian crude at a price based on the Dubai benchmark.

US warns energy cos like Reliance, Chevron over ties to Venezuela's Maduro

February 06, 2020 2:16 pm

Rosneft, Reliance, Repsol and Chevron have emerged as the main business partners for PDVSA since the United States imposed the steepest sanctions yet on the state-owned Venezuelan company last year.

Cuban President Raul Castro and Russian oil company Rosneft's chief meet in Havana

December 18, 2017 1:26 am

Venezuela’s subsidised shipments have fallen by at least 40 per cent since 2014. Cuba is looking for new suppliers to help mitigate electricity and fuel rationing to state companies.

Essar Oil closes sale of company to Russia's Rosneft for $12.9 billion

August 21, 2017 2:53 pm

It is also Russia's single-largest foreign investment made anywhere in the world. The deal includes acquisition of Essar Oil's (EOL) 20 million tonne Vadinar refinery in Gujarat and its retail outlets, as well as the Vadinar Port at an additional $2 billion.

Russian oil chief Igor Sechin: OPEC unity effectively extinct

May 10, 2016 3:59 pm

The comments are the first from Russia's most influential oil executive after crude producers failed to agree to freeze output to support prices at a meeting in Qatar last month.

OVL inks deal with Russia's Rosneft to explore hydrocarbons

May 25, 2014 8:50 pm

The parties will jointly consider forming a consortium led by Rosneft and involving other partners.

ONGC,Essar among bidders for Iraq field

September 03, 2013 2:11 am

All the 12 qualified firms will now be invited to review data packages and discuss contract terms.

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