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News

16 September 2011
Rosneft and Sevmorneftegeofizika sign agreement to explore Tuapse Trough

Rosneft CEO Eduard Khudaynatov and Sevmorneftegeofizika CEO Konstantin Dolgunov in a ceremony attended by the Russian Prime Minister Vladimir Putin signed an agreement to conduct seismic exploration in the Black Sea. The document providing for 3D seismic exploration of the Tuapse license block to be carried out by Sevmorneftegeofizika was signed as part of the Sochi Investment Forum.

08 August 2011
Cumulative oil output at the Vankor field hits 25 million tons

On the sixth of August, Rosneft reached a cumulative output of 25 million tons of oil at its Vankor field.

29 July 2011 16:54
Rosneft’s EBITDA reaches USD 12 bln in 1H11, production increases by 2.7% and reaches 2,400 th.barrels per day in July

On July 29, 2011 Rosneft (the “Company”) published its consolidated financial results under US GAAP for Q2 and 1H 2011.

13 June 2011 16:37
Rosneft Holds Annual General Meeting of Shareholders

The Annual General Meeting of Shareholders of Rosneft was held on June 10, 2011 in Krasnodar. Holders of 97.39% of Rosneft shares registered to participate in the meeting. The meeting approved the Annual Report, the Accounting Statements and the distribution of net profit of Rosneft for 2010.

28 April 2011 16:29
Rosneft Posts 50% Growth of EBITDA and Generates USD 3.3 bln of Free Cash Flow

On April 28, 2011 Rosneft (the “Company”) published its consolidated financial results under US GAAP for Q1 2011.

14 April 2011
Rosneft accepts BP’s proposal to extend the deadline for the deal

BP has asked Rosneft to extend the deadline for the share swap agreement, pending the final decision of the Arbitration Institute of the Stockholm Chamber of Commerce, and in order to implement the share swap transaction between Rosneft and BP.

06 April 2011
Production Output at the Vankor Field Reaches 20 Million Tonnes

On 6 April at 12:20 AM Moscow time, the 20-millionth tone of crude oil was extracted from the depths of the Vankor oil field in Russia’s Krasnoyarsk region.

06 April 2011
Rosneft Obtains License to Explore the Naulskoye Field in the Nenets Autonomous District

Rosneft acquired a license to explore the Naulsk oil fields, located in the Nenets Autonomous District. The Company paid RUB 3.6 billion for the license at auction.

11 March 2011
Official Statement by OJSC Rosneft Oil Company

In January 2011, OJSC Rosneft Oil Company and BP signed agreements regarding strategic cooperation and an exchange of shares between the two companies. In February, in response to a demand by ARR referring to the shareholders’ agreement between BP and TNK, the High Court of Justice in London issued an injunction halting completion of these deals.

01 March 2011
Rosneft increases exchange trading of petroleum products

Rosneft sold 271,600 tonnes of petroleum products on the Saint Petersburg International Mercantile Exchange during February 2011 for 5.5 billion rubles. Sales on the Exchange represented 22.5% of total domestic sales of petroleum products by the Company during the month.