Where some see hardship, others see opportunity. Russia’s most valuable export products are oil and gas of which the top producers are Rosneft and Gazprom, respectively.
Russia’s Rosneft and US ExxonMobil plan to build a liquefied natural gas (LNG) plant in a consortium with Indian and Japanese partners, spreading the estimated $15 billion cost, two sources familiar with the talks said.
Russian oil firm Rosneft, the biggest foreign investor in India’s energy sector, Friday criticised taxation policy in the country saying it was a major hurdle in its expansion plans.
Russian oil company Rosneft’s Indian venture Nayara Energy, which owns one of the largest refineries in the country, is moving to replace high-interest loans with new debt, part of efforts to reshape its balance sheet and cut borrowing costs, according to three sources familiar with the plan.
Russia’s largest oil company Rosneft filed an 89 billion rouble ($1.41 billion) lawsuit on Monday against participants of the Sakhalin-1 oil and gas project operated by ExxonMobil subsidiary Exxon Neftegaz Ltd.
Russian oil firm Rosneft-owned Essar Oil Ltd (EOL) is planning to raise ₹3,000 crore in debt funding to meet its financial requirements, said two people aware of the company’s plans.
Russian Gas Giants Look To Expand In India As New Delhi, Moscow Ramp Up Efforts To Strengthen Energy Ties
Russian gas giant Gazprom and oil major Rosneft were looking to expand their presence in India as the two countries step up efforts to strengthen energy cooperation, officials familiar with the developments said on Tuesday.
India’s oil refining capacity is set to jump 80%, or by 194 mt (mt), by 2030 as state refiners, Reliance Industries and Rosneft line up expansion plans, undeterred by the renewables explosion, hoping to meet future demand.
fter acquisition of Essar Oil in August, the Rosneft-led consortium has been taking quiet strides in expanding its retail network and utilising synergies for oil supply.
Russian energy major Rosneft has agreed to take control of the main oil pipeline in Iraq’s Kurdistan, further boosting its role as the main international investor in the semi-autonomous region.