Tag: Rosneft

Rosneft and ExxonMobil team up for Siberian oil pr

newsitemRosneft and ExxonMobil have signed a Pilot Development Agreement for a joint project to assess the possibility of commercial production of tight oil reserves at the Bazhenov and Achimov formations in Western Siberia. Under the joint venture, the companies will run a pilot program for potential commercial production at Rosneft’s 23 license blocks covering a total area of more than 10,000 square kilometers.

China: oil refinery

China National Petroleum Corp. (CNPC) (Beijing, China) and Russia-based national oil company, Rosneft (Moscow), have agreed to invest USD 4 billion to build a joint-venture oil-refining company in China with an annual capacity of 10 million tons.

Russo-Norwegian Barents Sea LNG

Gazprom, Rosneft and Statoil have signed a Memorandum of Understanding to conduct joint studies on various projects.

Russia: Sakhalin plans

Russian energy giants Gazprom and Rosneft are considering plans jointly to tackle natural gas fields offshore Sakhalin Island in the Russian far east, Gazprom has said.

Rush to tap Arctic

Gazprom and Rosneft have announced plans to accelerate exploration and development of five Arctic oil and gas fields.

Russian interest in Iraq

Russian oil companies are trying to secure new contracts with Baghdad in an attempt to dominate Iraq's huge reserves and hold Washington to its promise of respecting Moscow's economic interests in the event of a regime change.

Russian export terminal

Four of the country's oil majors have signed a deal to build a giant export terminal in Russia's only ice-free Arctic port.

Caspian MOU signed

Rosneft and Kazakhstan's Kazmunaigaz have signed an MOU regarding the development of the Kurmangazy field in the Caspian Sea.

Afghan oil and gas

Russian energy companies have agreed to help rebuild Afghanistan's devastated oil and gas industries.