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Crude Oil
BP may Take $25 Billion Hit from Divestment from Russian Oil Company
BP expects to lose up to $25 billion, more than a fourth of its market capitalization, after divesting from its 19.75% stake in the Rosneft oil company in Russi…
Hydrogen Technology
Rosneft, ExxonMobil to Explore Low Carbon Technologies such as Hydrogen
Russian oil company Rosneft has teamed up with ExxonMobil to explore low-carbon technologies such as hydrogen as a means to reduce its greenhouse gas emissions.
Crude Oil
Russian Oil Companies Plan Significant Drilling Cuts For 2021
Russian oil producers who have already reduced their drilling activity by a third this year may cut it further by 20 percent.
Oil & Gas Trade
US Slaps Sanctions on Russian Oil Company Trading with Venezuela
The Trump administration Tuesday imposed economic sanctions on Rosneft Trading SA, a Geneva-based subsidiary of Russia’s state-owned oil giant, charging it wit…
Oil&Gas Drilling
Russian Oil Company Enters Two Blocks Offshore Egypt
Russian state-controlled oil company Zarubezhneft has entered into a production sharing agreement for two offshore blocks blocks in Egypt.