Rosneft

Microsoft had on July 22 suspended tech support for the refiner after the European Union sanctioned Nayara Energy, which challenged the move in the Delhi High Court

Russia Rosneft slams EU sanctions on India's Nayara refinery

The European Union's 18th package of sanctions against Russia over the conflict in Ukraine, was approved on Friday and is aimed at dealing further blows to Russia's oil and energy industry

Rosneft, Reliance agree biggest ever India-Russia oil supply deal: Report

Rosneft to ship 500,000 bpd of various crude grades; biggest India-Russia energy deal ever worth $13 billion a year at current prices; pricing and volumes to be reviewed annually, says report

India eyes energy deals with Rosneft and other Russian companies

Indian Prime Minister Narendra Modi and Russian President Vladimir Putin have set a target of increasing bilateral trade to $100 billion by 2030 from about $65 billion at present, Kwatra told a news conference after the two leaders met in Moscow.

Reliance Industries signs deal with Rosneft to buy oil in roubles: Reuters

A term deal with Rosneft also helps privately run Reliance to secure oil at discounted rates at a time when the OPEC+ group of oil producers is expected to extend voluntary supply cuts beyond June.

Indian Oil set to tap spot oil as Russian term deal lapses: Report

Indian state refiners decided against lifting Russia’s light sweet Sokol grade oil during joint negotiations with Rosneft due to payment problems

Rosneft appoints first Indian on its board

G K Satish, who retired as director for business development at IOC in 2021, is one of the three new faces appointed to the 11-strong board of directors of Rosneft, according to a statement issued by the Russian firm.

BPCL in talks with Rosneft to buy oil priced on Dubai benchmark: Report

The deal would deepen India's commitment to its now-biggest oil supplier in the wake of Western sanctions on Moscow and mark a continued shift by Rosneft to pricing its oil against the Middle Eastern benchmark used in Asia and away from the Europe-dominated Brent.

IOC signs deal with Russia's Rosneft to raise oil imports

"Rosneft Oil Company and Indian Oil signed a term agreement to substantially increase oil supplies as well as diversify the grades to India," the Russian firm said in a statement.

US gets warrant to seize plane owned by Russian oil firm Rosneft

The U.S. District Court for the Eastern District of New York authorized the seizure, based on violations of export controls and sanctions against Russia, the Justice Department said.

Germany takes over subsidiary of Russian oil giant Rosneft

The Economy Ministry said in a statement Friday that Rosneft Deutschland GmbH and RN Refining & Marketing GmbH will be put under the control of Germany’s Federal Network Agency.

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Russia has no extra oil to sign deals with two Indian buyers: Sources

Indian refiners have been snapping up cheap Russian oil, shunned by western companies and countries since sanctions were imposed against Moscow for its invasion of Ukraine on Feb. 24, which Russia calls a "special military operation".

India in talks to increase Russian oil imports from Rosneft

State processors are collectively working on finalising and securing new six-month supply contracts for Russian crude to India, people with knowledge of the companies’ procurement plans told Bloomberg.

Some banks stop credit for oil imports by Rosneft-owned India refiner Nayara: Sources

Nayara has not been sanctioned as part of the international response to Russia's invasion of Ukraine, but Russian energy giant Rosneft, which owns 49% of the Indian refiner, has been.

Russia-linked Indian refiner put under credit watch, CARE Ratings says

Oil major Rosneft owns a 49.13 percent stake in Nayara while a similar-sized holding is split between global commodities trading house Trafigura and Cyprus-based Russian investment group United Capital Partners.

Nayara Energy says making steady progress in India expansion plan despite BP’s exit from Rosneft

Rosneft, along with a investment consortium comprising global commodity trading firm Trafigura and UCP Investment Group acquired the downstream and petrochemicals company in August 2017.

BP snaps ties with Russia's Rosneft, pressure grows on other Western firms to exit country

Political pressure is mounting on Western oil giants to exit Russia. Experts hint at $25 bn loss for BP over its Rosneft stake sale, while Brent prices are back near $105 levels.

IOC renews deal to buy up to 2 MT of oil from Russia's Rosneft

IOC had in February 2020 signed a deal with Rosneft Oil Company to import up to 2 million tonnes of oil via the port of Novorossiysk. In 2021, the deal envisaged supply of up to 1.7 million tonnes of crude oil but IOC bought just on parcel or shipload as the cost of transporting the oil made it uneconomical, when compared to alternatives.

Indian consortium considering oil projects in Russia’s Rosneft

The consortium of ONGC Videsh, Indian Oil Corporation and Oil India is also looking at buying a stake in Novatek, which owns 60 percent in liquefied natural gas project Arctic LNG-2, a report has said

Even with some interest in BPCL, things don't look good for privatisation plan

On Tuesday, BPCL shares closed 4.4 per cent lower. That would value the centre’s 53 per cent stake at around Rs 45,000 crore. And this time around, officials aren’t even remotely willing to hazard a guess on what sort of premium the government would get on its stake.

Rosneft, Aramco unlikely to bid for India BPCL privatisation

The Indian government - which needs funds to finance welfare schemes and bridge a fiscal deficit that has already topped the annual target - had aimed to raise $8 to $10 billion through the sale of its stake in BPCL.

Russia's Rosneft finds extended oil cuts painful: Sources

Rosneft has told the energy ministry it would be difficult to maintain cuts to the end of the year, as it has had to cut shipments to major buyers, such as Glencore and Trafigura, despite good demand, two sources close to the talks said on condition of anonymity.

US sanctions on Rosneft Trading seen shifting crude flows

The United States on Tuesday redoubled efforts to oust Venezuelan President Nicolas Maduro by barring U.S. dealings with Rosneft Trading S.A., a subsidiary of Russia's state oil major Rosneft , which Washington said provides him a financial lifeline. Russia has called the sanctions illegal and said it plans to consider options in reaction.

BP eyes sale of Algerian gas plant after Rosneft talks fail: Sources

BP hopes to raise around $2 billion from the sale of its 45.89% stake in the In Amenas natural gas plant that was the target of a deadly attack by Islamist militants in 2013. The sale is part of a $15 billion disposal programme BP is targeting by the middle of 2021, two of the sources said.