Oil prices edged lower on Wednesday
Oil prices edged lower for a second session on Wednesday as rising US inventories and oversupply concerns…
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Rosneft
Oil price hold near lows on Monday
Oil prices were little changed on Monday after last week’s roughly 3 per cent drop, as investors weighed a…
Oil prices edge higher on Thursday
Oil prices inched up on Thursday as a larger-than-expected draw in US crude inventories countered speculation that…
Oil prices dip on Tuesday
Oil prices dipped on Tuesday after supply concerns faded following the resumption of loadings at Russia’s…
Oil prices fall on Monday
Oil prices fell on Monday, wiping out last week’s gains, after Russia resumed crude loadings at the Novorossiysk…
Oil prices drop on Wednesday
Oil prices extended losses for a fourth straight session on Wednesday as investors weighed doubts over the impact…
Oil prices jump 3% on Thursday
Oil prices climbed 3 per cent on Thursday after India began reassessing Russian crude purchases in response to…
Asian stocks fall on Thursday
Asian shares fell for a second straight day on Thursday as weak earnings from US tech giants deepened Wall Street’s…
Egypt’s Zohr-6 gas well boosts output
Egypt’s Zohr gas field increased output by 65 million cubic feet per day with the start of production from the…
EU adopts 18th sanctions package against Russia
The European Commission adopted its 18th sanctions package against Russia, aiming to intensify economic pressure…
BPCL diversifies oil sources amid reduced Russian supplies
India's state-run Bharat Petroleum Corp (BPCL) is turning to Middle Eastern crude to offset declining Russian oil…
Egypt denies rumours about giant Zohr gas filed facing problems
The Egyptian government denied rumours about its giant Zohr gas field was facing technical problems, instead…
Cuba’s president meets Russia’s Rosneft CEO amid fuel shortage
CEO of Russian oil firm Rosneft, Igor Sechin, met with the Cuban president, Miguel Diaz-Canel, on Saturday after…
Egypt’s Zohr gas field output triples to 11.3 bcm in H1 – Rosneft
Natural gas production at Egypt’s Zohr, the largest gas field in the Mediterranean Sea, has more than tripled in…
Russia’s Rosneft more than triples second quarter net profit year on year
Russia's largest oil producer Rosneft said on Tuesday its second-quarter net profit more than tripled to 228…
Rosneft starts production at Egypt’s giant Zohr gas field
Russian energy major Rosneft announced Wednesday that an international consortium has started production at the…
Russia’s Rosneft to invest over $2 bln in Egypt’s giant gasfield Zohr in…
Russia’s largest oil producer Rosneft plans to invest more than $2 billion in Egypt’s massive Zohr gas field in the…
Rosneft ‘looking positively’ to buy more stake in Egypt’s giant Zohr gas field
The chief executive of Russian oil giant Rosneft said Thursday his company is “looking positively” to buy a further…
Russia’s Rosneft buys 30% of gas field off Egypt
Russia's Rosneft said it has completed a deal to acquire a 30 percent stake in the Zohr field, the largest gas…
Russia’s Rosneft says delivered 129,000 tonnes of LNG to Egypt
The Russian oil giant company, Rosneft, said it delivered 129,000 tonnes of liquefied natural gas to Egypt under a…
Russia’s Rosneft seeks joint oil supplies to Egypt with Italy’s Eni
Russia's largest state-run oil producer Rosneft and Italian energy company Eni have signed an agreement to broaden…
Russia’s Rosneft inks deal to supply 10 LNG cargoes to Egypt in 2017
A trading unit of top Russia’s oil producer Rosneft has signed a deal to supply 10 liquefied natural gas (LNG)…
Rosneft purchases Egyptian crude for first time in tender
The trading arm of Russia's state oil firm Rosneft has bought three cargoes of Egypt's heavy sour Ras Gharib grade,…
Egypt seeks LNG as BP, Eni fields set to restore exports
Egypt is planning to import as many as 108 cargoes of liquefied natural gas (LNG) this year as the country prepares…
Eni sells 30% stake in Egypt’s Zohr gas field to Rosneft
Italian oil and gas group Eni (ENI.MI) agreed to sell a 30 percent stake in Egypt's offshore Shorouk concession to…
Russia’s economy minister Ulyukayev detained over alleged $2mn bribe in big Rosneft deal
Russia’s Economy Minister Alexei Ulyukayev was detained over a $2-million bribe allegedly received for a "positive"…
Rosneft, Trafigura to acquire 98% of Essar Oil for $13 billion
Essar Group, controlled by India’s billionaire Ruia brothers, signed binding agreements to sell a combined 98…
Putin not ready for ‘real privatisation’ in Russia despite Rosneft-Bashneft deal
Russia’s president Vladimir Putin is not yet ready for a full-scale privatisation drive despite the sale of the…
Russia’s Rosneft chief Sechin says no to OPEC oil cut or freeze
Igor Sechin, Russia's most influential oil executive and the head of Kremlin energy giant Rosneft, said his company…
Russia’s Rosneft receives $15.6 mln for its first ever LNG supply to Egypt
Russian state-run oil company Rosneft has received 1 billion rubles ($15.6 mln) for its first ever supply of…
Russia’s Rosneft delivers first LNG shipment to Egypt
The Russian state-owned oil company Rosneft said on Friday it delivered its first Liquefied Natural Gas (LNG)…
Egypt to receive 1st LNG shipment from Russia’s Rosneft in May
Egyptian Natural Gas Holding Company (EGAS) is set to receive first Liquefied Natural Gas (LNG) shipment from…
Rosneft To Supply Egypt With Six Fuel Oil Shipments By End 2015
The Egyptian General Petroleum Corporation has agreed to import six shipments of fuel oil from Rosneft, Russia's…
Egypt Cabinet ratifies Rosneft’s LNG supply deal
The Egyptian Cabinet endorsed Thursday an agreement signed with the Russian state-owned oil company Rosneft to…
EGPC, Rosneft Sign Agreement For Oil Products, LNG Shipments
The Egyptian Natural Gas Holding Company (EGAS) and the Egyptian General Petroleum Corporation (EGPC) signed an…
Russia’s Rosneft, Egypt strike Energy Import Deal
Egyptian Ministry of Oil and Russia oil producer Rosneft have signed Tuesday a deal for the supply of petroleum…
FACT BOX: Russian Oil Output hits post-Soviet high in March
Russia's oil output hit a post-Soviet record high monthly in March, Energy Ministry data revealed on Thursday.…
Russia Shares Post Biggest Weekly Jump In Four Months
Russian shares had their biggest weekly increase since February as oil climbed on bets Europe’s debt crisis will be…
Exxon Mobil-Rosneft Deal Signed To Develop Arctic Reserves
Rosneft and Exxon Mobil have signed a partnership deal, which will see them work together to develop the Arctic's…