Rosneft
Rosneft signs 73 contracts worth $8.46 billion at St. Petersburg Economic Forum
The projects include over 50 contracts totaling $7.67 billion rubles to implement the strategic project Vostok Oil
Global oil & gas upstream activities market to grow at CAGR of 26.6% to $3,335bn in 2021
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact
Indian refiners forced to issue force majeure notices: GlobalData
The lockdown in India has resulted in a sharp drop in fuel demand, forcing refiners to operate at lower capacities
Rosneft CEO questions need for OPEC+ agreements
Igor Sechin reportedly questioned whether there was a point to cutting production if other producers simply filled the gap
Output from Egypt’s giant Zohr gas field more than tripled in H1 2019
Zohr, the largest gas field in the Mediterranean, is a concession between Italian Eni S.p.A. (50%), Rosneft (30%), British BP (10%), and Mubadala Petroleum (10%)
Eni’s gigantic Zohr gas field in Egypt hits 2 billion cubic feet per day production
Egypt’s largest gas field was expected to produce only 1 billion cubic feet per day by mid-2018.
Mubadala completes acquisition of 10% stake from Italy’s Eni in Shorouk concession in Egypt
The Zohr field was discovered by Eni in August 2015 and is the largest natural gas field ever found in the Mediterranean, with a total potential of up to 30 trillion cubic feet of gas in place.
Rosneft, Kurdistan Regional Government ink gas business development agreement
Under the agreement, the parties will elaborate an integral plan to progress the gas business within the Kurdish region of Iraq.