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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.
Rosneft, Alstom Move Closer
Rosneft and Alstom have signed an agreement to expand cooperation in the energy sector, marking a new page in the relationship between the two giants.
Russia Boasts Record Oil Production in 2013
Russia has increased oil production to a record level in 2013, says a governmental report
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.
Bashneft Posts 3Q IFRS Results
Bashneft, one of Russias oil majors, explains a net profit drop in its 3Q IFRS report.
Rosneft Takes Control Over Brazilian Solimoes Project
Rosneft Brazil is expected to get a 51 percent control over joint venture HRT O&G in the Solimoes basin after a purchase of an additional 6 percent
Rosneft Signs Deal with Azerbaijan's State Oil Company
Rosneft and State Oil Company of the Republic of Azerbaijan signed a cooperation agreement in the Azeri capital, Baku.
Gazprom Neft Boasts 2012 Records
Gazprom Neft exceeded the expectations of its shareholders last year, with a total output of 59.7 million tones, 4.3 percent up on 2011.
Russia May Sell Stake in TNK-BP in Future
Russia rejects concerns that its Rosneft is going to be the next state supermonopoly like Gazprom.
Rosneft's Historic Deal Approved
Russias Federal Anti-Monopoly Service has approved the purchase of TNK-BP by Rosneft, but with one condition.
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.
Rosneft to construct pipeline in Zimbabwe for $ 700 million
Russia's leading oil extraction and refinement company Rosneft will take part in the construction of the Zimbabwe-Mozambique pipeline.
Lukoil sells 85 filling stations in Serbia for ?13.6 million
The Russian largest private oil company Lukoil is planning to sell half of its filling stations in Serbia. The company would like to get ?13.6 million for 85 filling stations, informs the company on its site Lukoil Serbia.
Greenpeace Activists Arrested Over Action near Gazprom Office
Ten activists from Greenpeace environmental organization were arrested on Wednesday after a demonstration outside the Moscow office of Gazprom.
Greenpeace Activists Occupy Gazprom Oil Platform
Six environmental activists from the Greenpeace International occupied a Russian oil platform on Friday to protest against drilling for oil in the Arctic.
Zarubezhneft to invest $3 billion into Cuba
In the nearest 13 years the Russian state oil company JSC Zarubezhneft has an intention to invest $ 3 billion into oil and gas assets in Cuba,
TNK-BP to invest $ 156 million into multifunctional petrol stations in Russia
Russian oil companies are planning to open multifunctional petrol station along the largest highways in Russia. Petrol stations will offer more services, including parking places for lorries and cars, cafes, motels, bath stations and laundries.
Rosneft and Statoil to develop oil deposits together
The largest Russian oil state company Rosneft and Norwegian oil state company Statoil have signed agreements on the join bidding for exploration licenses in the Norwegian Barents Sea and on Joint Technical Evaluation covering two Russian onshore assets.
VTB Bank to issue 100 billion Ruble loan to Rosneft
VTB Bank and Rosneft, Russias largest oil company, signed a strategic partnership agreement on corporate finance and investment banking services during a meeting at the St. Petersburg International Economic Forum.
LUKoil cuts in double its petrol stations in US
One of the largest Russian oil companies LUKoil has reduced the number of itsretail petrol service stations abroad on 8% last year. The number of the petrol stations in the USA has been reduced in double.
Norwegian Statoil to exploit Russian offshore fields with Rosneft
Rosneft and Statoil signed a cooperation agreement to jointly explore offshore fields in the Russian sections of the Barents Sea and Sea of Okhotsk.
Ministry of Natural Resources to file a suit on TNK-BP for oil spill
Ministry of Natural Resources is to develop a claim for compensation from oil spill in the rivers of Ob and Yenisei to the third largest Russian private oil company TNK-BP.
Gazprom may acquire Romanian oil company
The Austrian oil and gas company OMV is negotiation with Russian gas giant Gazprom on selling 51% shares of Romanian oil company OMV Petrom.

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