|Bid||0.00 x 610000|
|Ask||0.00 x 268000|
|Day's Range||299.50 - 305.55|
|52 Week Range||291.00 - 425.70|
|PE Ratio (TTM)||8.09|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.50|
The head of Russia's Rosneft , Igor Sechin, will attend the trial of former economy minister Alexei Ulyukayev as soon as his schedule allows, TASS news agency quoted Sechin as saying on Thursday. Ulyukayev is on trial on charges of extorting a $2 million bribe from Sechin, in exchange for Ulyukayev approving a business deal. Sechin was called to court to testify but has missed the first two court sittings since then.
Russia's Rosneft (ROSN.MM) has approved a 2018 deal to supply CEFC China Energy about 12 million tonnes of crude oil as part of the Chinese firm's $9.1 billion investment in the Russian oil major, a Chinese source with direct knowledge of the matter said on Thursday. Of the total supply, CEFC expects to receive 8 to 10 million tonnes of ESPO crude from Russia's Far East, said the source, in a deal that will make the Chinese firm a dominant player in the ESPO crude market and may enable it to challenge dominant Western oil traders like Vitol and Trafigura.
Russia's Rosneft (ROSN.MM), the world's top listed oil company by output, sees the exit from a global oil production-cutting deal as a serious challenge, a spokesman for the firm said. Russian Energy Minister Alexander Novak met Russian oil company executives in Moscow on Wednesday ahead of talks in Vienna at the end of November between OPEC and non-OPEC producers. It said Novak and the companies would continue consultations on the global oil market situation.
Russia's Rosneft, the world's top listed oil company by output, sees the exit from a global oil production-cutting deal as a serious challenge, a spokesman for the firm said. Russian Energy Minister Alexander Novak met Russian oil company executives in Moscow on Wednesday ahead of talks in Vienna at the end of November between OPEC and non-OPEC producers.
MOSCOW (Reuters) - Russia's biggest oil company Rosneft (ROSN.MM) said its board of directors would discuss on Wednesday a deal to supply crude oil to CEFC China Energy Company Limited. CEFC agreed in ...
Venezuela has suffered what is expected to be the first in a cascade of defaults on more than $60bn of international bonds after missing several interest payments. The country on Monday evening missed ...
Rosneft, the world's largest listed oil producer, has reported a lower than expected 81 per cent annual rise in net profits in the third quarter and falling free cash flow thanks to a spending spree on acquisitions. ...
Russia's largest oil company Rosneft (ROSN.MM) reported an 80 percent rise in third-quarter net income thanks to rising crude prices and said it had paid Iraqi Kurdistan a total of $1.3 billion in advance in 2017 for the development of its oilfields. The Kremlin-controlled company has been expanding its foreign exposure, including in Iraqi Kurdistan, where it gained control over the oil exporting pipeline and agreed to develop oilfields, much to the chagrin of the central government in Baghdad. Rosneft has also provided billions in U.S. dollars to Venezuelan state energy company PDVSA.
Rosneft will invest more than $2 billion in Egypt's Zohr gas field in the next four years, the company says.
BEIJING/MOSCOW (Reuters) - Private conglomerate CEFC China Energy and Russia's largest oil producer Rosneft (ROSN.MM) have agreed to study the possibility of building a petrochemical complex in South China, Rosneft said on Friday. The deal will deepen strategic cooperation between Rosneft and CEFC, which agreed in September to buy 14.2 percent of the Kremlin's energy champion in a deal valued at over $9 billion (6.84 billion pounds). Rosneft and CEFC signed an agreement to carry out a joint preliminary study into the possible construction of a petrochemical plant in China's Hainan province on the sidelines of a summit of Asia-Pacific Economic Cooperation (APEC) leaders in Vietnam, the Russian company said.
A Russian judge on Wednesday ordered Igor Sechin, the head of Russian oil giant Rosneft and a close ally of President Vladimir Putin, to appear as a witness in the bribery trial of former economy minister Alexei Ulyukayev. Ulyukayev was dismissed and put under house arrest a year ago over allegations that he took a $2 million bribe from Rosneft. RIA news agency quoted a court secretary as saying the hearing where Sechin would testify would take place on Monday, Nov. 13.
The risks associated with Rosneft PJSC’s $6 billion advance to Venezuela’s oil company for future crude shipments have deepened after the Latin American nation announced plans to restructure crushing debts....
Iranian Supreme Leader Ayatollah Ali Khamenei told visiting Russian President Vladimir Putin on Wednesday that Tehran and Moscow must step up cooperation to isolate the United States and help stabilise ...
Russia's VTB Bank (VTBR.MM) may provide a loan of about 5 billion euros ($5.9 billion) to CEFC China Energy for its purchase of a stake in Russia's largest oil producer Rosneft (ROSN.MM), VTB chief Andrey Kostin told reporters on Tuesday. A banking source familiar with the matter had told Reuters earlier on Tuesday that CEFC China Energy could raise around $5 billion from VTB, Russia's second-biggest lender, for the Rosneft stake acquisition.
MOSCOW (Reuters) - A deal between CEFC China Energy and Russian oil giant Rosneft (ROSN.MM) does not depend on whether VTB (VTBR.MM) provides financing to CEFC, VTB CEO Andrei Kostin said on Tuesday. Kostin ...
MOSCOW (Reuters) - CEFC China Energy and Russian oil giant Rosneft (ROSN.MM) plan to create a Chinese-Russian joint investment fund, CEFC President Chan Chauto told an investment conference in Moscow on ...
Russian Foreign Minister Sergei Lavrov and his Iraqi counterpart Ibrahim al-Jaafari will meet in Moscow on Oct. 23 to discuss the situation in the semi-autonomous Kurdistan region, Russia's foreign ministry said in a statement on Saturday. Moscow is for constructive dialogue between Baghdad and Kurdistan, the ministry added. During al-Jaafari's visit to Moscow on Oct. 23-25, the minister will also take part in the meeting of Iraqi-Russian intergovernmental commission with Russian Deputy Prime Minister Dmitri Rogozin.
Iraqi oil minister Jabar al-Luaibi said he had sought clarifications from Russia's biggest oil company Rosneft (ROSN.MM) about contracts it signed with the semi-autonomous Kurdistan region. Rosneft "assured that the contracts are preliminary and not ready for implementation," the minister told reporters in Baghdad, giving no further details. Rosneft agreed on Thursday to take control of Iraqi Kurdistan's main oil pipeline, boosting its investment in the autonomous region to $3.5 billion.
LONDON/MOSCOW (Reuters) - Russia's biggest oil company, Rosneft, has agreed to take control of Iraqi Kurdistan's main oil pipeline, boosting its investment in the autonomous region to $3.5 billion despite Baghdad's military action sparked by a Kurdish vote for independence. The move appears to be part of a strategy by President Vladimir Putin to boost Moscow's Middle Eastern political and economic influence, which was weakened by the collapse of the Soviet Union. Rosneft's investment comes amid a crisis in Kurdistan's relations with the central government in Baghdad since the region held an independence referendum last month, which angered neighbours Iran and Turkey.
The head of Russia's oil major Rosneft said on Thursday he expected the authorities of Iraq's oil-rich Kurdistan and the Iraqi government to settle differences between them which have been mounting after ...
VERONA (Reuters) - Global oil reserves are not yet at their normal level and it is too early to talk about a watershed in terms of rebalancing the oil market, Igor Sechin, chief executive of Russia's oil ...