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News:

The Government will be Able to Increase Export Duties on Oil Products
The corresponding bill has been approved by the Federation Council.
--31-07-2018--
Oil Prices Are Too Low
Russia, Saudi Arabia, Mexico and Venezuela consider current oil prices to be too low.
--29-11-2014--
Rosneft Calls Its New Mine Pobeda (Victory)
Igor Sechin called the success of the event a common victory of all project participants, as Rosneft Oil Company has successfully completed the drilling of the worlds northernmost Arctic mine Universitetskaya-1 which resulted in the discovery of oil in the license area of Vostochno-Prinovozemelsky-1 in the Kara Sea.
--28-09-2014--
Rosneft, ExxonMobil Launch Exploratory Drilling in Russia's Arctic
The West Alpha rig owned by Karmorneftegaz, a JV by Russian and US oil giants Rosneft and ExxonMobil, has launched exploratory drilling of Universitetskaya-1, Russias northernmost well.
--10-08-2014--
Russia, China Partners, Not Military Allies
Russia and China are not seeking a joint military bloc despite close cooperation in the defense and technical areas, said a senior Kremlin official.
--11-07-2014--
Ex-Chancellor Schroeder Tipped for Rosneft Board
BP is expected to nominate former German chancellor Gerhard Schroeder as a member of the board of directors of Russias oil giant Rosneft.
--04-03-2014--
Rosneft, Statoil Push Forward With Shale Oil Plans
Rosneft and Statoil are moving forward in the development of the Domanik shale formation by signing a deal to set up a joint venture.
--10-12-2013--
Rosneft Set to Ship $2.2 BLN Worth of Crude Oil To BP
Rosneft has approved a supply contract with BP worth $2.2 billion, says Vedomosti.
--05-12-2013--
100 Mln Tons Of Oil Will Be Supplied To China
Rosneft and China's Sinopec agreed on annual shipments of 10 million tons of oil to China. The contract duration is 10 years.
--22-10-2013--
Transneft To Increase Investment for 2013
Transneft has unveiled an investment programme worth 161.5 billion roubles, or some $5.4 billion, up 50 percent on 2012 figures.
--08-01-2013--
Rosneft Laying Red Carpet for Bob Dudley
The state-owned oil corporation has decided to use BP director's expertise to better integrate TNK-BP into its structure, claims a report.
--22-12-2012--
$23 bln Investment Plan Mulled by Gazpromneft
Gazpromneft has unveiled an ambitious investment programme in a bid to double its output by 2020. And these plans are realistic, experts say.
--22-12-2012--





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