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ONGC buys 15% stake in Russia's Vankor oil field for $1.35 bn

Last Updated: Friday, September 4, 2015, 10:59

ONGC has bought a 15 percent stake in Russia's second- largest oil field from Rosneft for about USD 1.35 billion.

Rosneft 2Q net profit tumbles 22% to $1.99 billion

Last Updated: Monday, August 31, 2015, 16:24

Russian oil giant Rosneft on Monday said its net profit fell by 22 percent in the second quarter from a year earlier, a stronger result than expected as the weak ruble partly offset falling oil prices.

Essar Oil signs pact to sell 49% stake to Russia's Rosneft

Last Updated: Thursday, July 9, 2015, 11:17

Essar said it "signed a non-binding Term Sheet with regard to Rosneft?s participation in the equity capital of Essar Oil Limited with a share of up to 49 per cent."

Essar Oil signs pact to sell 49% stake to Rosneft

Last Updated: Thursday, July 9, 2015, 10:53

Essar Oil shares surged as much as 5.1 per cent on Thursday to Rs 198.35 after Russia's Rosneft signed a deal to acquire up to 49 per cent stake in its Vadinar oil refinery.

Russia's Rosneft in talks to buy stake in Essar Oil

Last Updated: Monday, June 15, 2015, 16:37

The stock has surged over 56 percent in the last six trading sessions.

Venezuela, Russia's Rosneft agree on $14 billion oil, gas investment

Last Updated: Thursday, May 28, 2015, 08:29

"We had a great meeting and agreed on investment of over $14 billion," said Maduro during a televised broadcast, adding the funds would go towards doubling Venezuela`s oil production. 

Rosneft chief criticises OPEC for `destabilising markets`

Last Updated: Wednesday, February 11, 2015, 02:41

The President of Russian state-controlled energy company Rosneft Igor Sechin accused OPEC on Tuesday of destabilising oil markets, saying it was under the influence of a small group of Middle Eastern countries.

Essar Group signs $10 bn pact to import oil from Russia's Rosneft

Last Updated: Thursday, December 11, 2014, 17:13

In one of the biggest oil deals, Essar Group Thursday signed a USD 10 billion contract to import crude oil from Russia over a 10-year period.

Essar Oil to sign 10-year deal with Rosneft to import crude from Russia

Last Updated: Wednesday, December 10, 2014, 19:56

Essar Oil will on Thursday sign a 10-year deal to import crude oil from Russia as President Vladimir Putin pushes to deepen energy ties with India to counter to US sanctions.

Morgan Stanley sells oil trading business to Russia's Rosneft

Last Updated: Saturday, December 21, 2013, 05:45

Morgan Stanley has sold the majority of its global physical oil trading operations to Russian state-run oil major Rosneft, becoming the latest Wall Street firm to dispose of a major part of its commodity business.

China poses no danger to Russia, says Medvedev

Last Updated: Sunday, October 27, 2013, 10:50

Russian Prime Minister Dmitry Medvedev said here that China poses no danger to Russia, and bilateral cooperation between the two countries will bring mutual benefit.

Russian oil firm to invest $10 bn in Venezuela

Last Updated: Wednesday, January 30, 2013, 18:37

Igor Sechin said Russia's share in production will amount to 15 million metric tonnes annually.