Page 2 - Rosneft

PM Modi meets global oil executives, urges to boost local production

Modi listed the upstream oil and gas reforms undertaken in the last seven years

India in talks with Russia for $2-3 bn investment in upstream oil assets

Tie-ups in Arctic projects also being evaluated

Buying jewel in the crown: BPCL a revenue churner, not a drain on finances

Unlike Air India, the winning bidder for BPCL can easily bank on this revenue churner to recover the cost of acquisition

Top headlines: FM sees near zero GDP growth in FY21, Pompeo backs India

India's economy is on the mend but GDP growth may be in negative zone or near zero this fiscal, says the Finance Minister.

Rosneft, Saudi Aramco unlikely to bid in BPCL privatisation: Report

A source said that Aramco has halted most of its investment plans into India due to the oil price crash and is unlikely to bid for BPCL

US imposes sanctions on subsidiary of Russia's Rosneft over Venezuela

The US Treasury Department blacklisted TNK Trading International, a Swiss-based unit of Rosneft

IOC signs first term contract for Russian crude; Rosneft may bid for BPCL

Under the deal, Rosneft will ship 2 mn tonnes to India this calendar year

Top headlines: Services PMI rises, coronavirus hits Surat diamond industry

From coronavirus' impact on Surat's diamond industry to Russia's largest oil producer, Rosneft, evincing interest in the acquisition of BPCL, here are the day's top headlines

India in talks with Rosneft to invest in Far East Russian cluster: Pradhan

He said the government is interested in investing in producing oil fields in the interest of India's energy security

India's Nayara sending fuel to Rosneft in return for Venezuelan oil: Report

The United States in January prohibited US-dollar transactions for oil sales from Venezuela's PDVSA or its units

Russia's Rosneft criticises India's withholding tax, calls it a hurdle

Rosneft also raised concerns about the GST regime, saying that it is unable to claim credit of tax it pays on inputs in its Vadinar refinery

ONGC Videsh, partners to pay Rosneft $230-mn in out-of-court settlement

Rosneft had demanded Rouble 89 billion from the consortium for oil that flowed to Sakhalin-1 from its controlled Northern Chayvo oilfield

Exxon-led Russian consortium to pay Rosneft $230 mn to settle dispute

Rosneft had filed a $1.4 billion lawsuit in the Sakhalin district arbitration court in Russia's far east, accusing the consortium of unjust enrichment, an allegation the consortium denied

Russian court orders Sistema to pay Rosneft $2.3 bn in damages

In 2014, Russian govt claimed Bashneft's privatisation was illegal and seixed Sistema's assets in it

Rosneft suffers powerful cyber attack; oil production unaffected

Russian oil giant Rosneft says hit by 'powerful' cyber attack, oil production unaffected

4 PSBs, LIC, IFCI hold up Rosneft's $13 bn Essar Oil deal over debt issues

TheY hold about $500 mn of Essar's debt

Venezuela's cash-strapped PDVSA offers Rosneft oil stake: Sources

In total, Rosneft lent PDVSA between $4 bn and $5 bn, details of those deals is not disclosed

Russian oil major Rosneft says US shale growth imperils Opec deal

US shale oil production had been in retreat as oil prices tumbled from above $100 a barrel in 2014

Tumbling oil prices may hit Rosneft dividend

The dividend may be 6 rubles a share according to estimates from Otkritie Capital in Moscow

How Russia sold oil jewel Rosneft's stake without saying who bought it

Putin called it a sign of international faith in Russia, despite US and EU financial sanctions