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BP falls 8% after cutting ties with Russian oil giant Rosneft, adding to mounting financial woes following the Ukraine invasion
"It has led the BP board to conclude, after a thorough process, that our involvement with Rosneft, …
Matthew Fox
Oil giant Rosneft plans to pay out record dividends amid intensifying sanctions and Russia stands to be the biggest winner
Rosneft posted record profits last year thanks to an oil price rally as demand recovered on easing …
Huileng Tan
BP stands to make 'blood money' from its stake in Kremlin-backed oil giant Rosneft, Zelenskyy aide says
BP said it would sell its near-20% stake in Rosneft in February after Vladimir Putin invaded Ukrain…
Ryan Hogg
Russia's biggest oil company has slashed its production levels as sanctions bite, report says
Russian oil output has dropped since February, with state-owned Rosneft taking the brunt of the hit…
Harry Robertson
BP dumps 20% stake in Russian oil giant, says its partnership with Rosneft 'simply cannot continue' following attacks on Ukraine
The CEO of BP said Russia's attack on Ukraine caused his company to "fundamentally rethink" its bus…
Hannah Towey
India's biggest deal worth Rs 72,800 crores: Essar oil sells to Russia's Rosneft
The all-cash deal will give Rosneft and its partners control of Essar's 20 million tonne refinery i…
Russian oil behemoth Rosneft suspends an oil project in the Black Sea because of western sanctions
Energy exports are the backbone and muscle of the Russian economy, and Moscow has long been keen to…
Elena Holodny
Russia's state-run oil producer is racing to sell its crude before tighter sanctions take hold
Rosneft also wants 100% of its oil to be prepaid before delivery and is accepting dollars, euros, C…
Brian Evans
India is trying to strike new crude-oil deals with Russia but Russia's oil giant Rosneft doesn't have any extra oil left, report says
Rosneft said it has already committed sales to other customers and doesn't have volumes to sell.
Huileng Tan
Russian central bank admits massive Rosneft bond sale fuelled the ruble crash
She said: "No, it did work! Inflation would have been much higher if we had not moved to a floating…
Tomas Hirst,Tomas Hirst
LIC wants Essar to clear all dues to give NOC to its deal with Rosneft
Now that LIC has taken a stand, it remains to be seen whether the all-cash transaction gets all the…
A mysterious Indian firm likely tied to Russia's Rosneft amassed an enormous tanker fleet in just 18 months and has become a top shipper of Russian crude, report says
It's unclear who owns the company, though industry experts have suggested it is likely tied to Rosn…
Jennifer Sor
Russian Oil Giant Rosneft To Issue $6.1 Billion Of Bonds Amid Fears Of Another Ruble Rout
However, there are grounds to doubt the companies assurances this time as well. Rosneft is due to s…
Tomas Hirst,Tomas Hirst
India could import even more Russian oil under new agreement as state-run refiners look to load up on discounted crude
India may move to import more oil from Russia, Bloomberg reported Monday, with state-run producers …
Brian Evans
Russia's Rosneft paid just $1 for a Norwegian oil major's main assets when the Ukraine war forced it to exit the country: report
Norwegian energy giant Equinor sold the JV stakes to be able to drop its investment pledges, as Wes…
George Glover
Expensive oil boosts Russian energy giant Rosneft's profit 13% to $7 billion in the first half of the year despite war-time sanctions
Russia's biggest state-run oil major is pulling in more profits than last year even as the West san…
Phil Rosen
Russia Finds Oil In The Arctic But Now It Probably Can't Keep Looking For More
"The well was drilled before the Oct. 10 deadline Exxon was granted by the US government under san…
The Russian Currency Collapse Just Wiped Out Nearly $3 Billion Of Rosneft's Profits
As a testament to its recent struggles, Rosneft had earlier seen a request for 2 trillion rubles fr…
Tomas Hirst,Tomas Hirst
Germany seizes control of 3 oil refineries owned by Russian giant Rosneft to brace for winter energy crisis
Germany said the seizure "counteracts the impending threat to the security of the energy supply" af…