Jun. 05, 2012News & Opinions
Russian state firm Rosneft has hired a former TNK-BP executive to run its refining and marketing businesses, sources close to the companies said on Tuesday, bolstering a management team as BP pursues the sale of a stake in the country's
Jun. 01, 2012News & Opinions
BP said on Friday it was considering a sale of its half-share of Russia's third-largest oil producer TNK-BP, possibly heralding the end of one of the UK oil major's most lucrative, audacious and troublesome ventures.
May. 24, 2012News & Opinions
Russian President Vladimir Putin on Thursday ordered the government to approve a plan to sell state assets in 2013-2015 in the holding Rosneftegaz, which manages stakes in Gazprom and Rosneft, the Interfax news agency said.
Apr. 19, 2012News & Opinions
U.S. oil major ExxonMobil and Russia's Rosneft unveiled an offshore exploration partnership on Wednesday that could invest upward of $500 billion in developing Russia's vast energy reserves in the Arctic and Black Sea.
Jan. 10, 2012News & Opinions
A joint venture between Royal Dutch Shell's China units and Tianjin State Farms Agribusiness Group will build a 200,000 cubic meter oil products storage facility in the northern city of Tianjin, a local development agency said.
Mar. 23, 2011News & Opinions
Russia is set to double its crude oil supply to earthquake-devastated Japan this year to some 18 million tons as a part of an energy aid package, top Russian energy official Igor Sechin said on Tuesday.
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