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News

08 June 09:31
The head of Rosneft estimates electrification of transportation in a number of cities around the world at USD 0.5 trillion

The complete electrification of transportation in a number of the world's megacities may exceed more than 0.5 trillion dollars, said Igor Sechin, Chief Executive Officer of Rosneft, on the sidelines of the 27th St. Petersburg International Economic Forum

08 June 09:28
Igor Sechin: buyers are not willing to overpay for an electric car

The sinking demand for electric vehicles demonstrates the lack of planning and haste with which Western countries initially approached electrification of vehicles, Rosneft CEO Igor Sechin said in his report at the Energy Panel held as part of the 27th St. Petersburg International Economic Forum

08 June 09:25
Head of Rosneft: developed countries contributes most to the climate crisis

Developed countries have contributed most to the climate crisis, accounting for the majority of emissions, said Igor Sechin, Chief Executive Officer of Rosneft, in his report “Energy transition and phantom barrels: abandon hope, all ye who enter here. Not everyone will be taken to the bright future of the global energy industry!”

08 June 09:20
Igor Sechin states that the West revises its "green" goals

Governments, businesses and investors in Western countries are beginning to revise their approach to the "green" agenda, which is costing too much, told Igor Sechin, Chief Executive Officer of Rosneft, at the 27th St. Petersburg International Economic Forum

08 June 09:17
Igor Sechin: The U.S. efforts to maintain its technological superiority come at a high cost to its allies

The U.S. efforts to maintain its technological superiority come at a high cost to its allies, stated Igor Sechin, Chief Executive Officer of Rosneft, in his report “Energy transition and phantom barrels: abandon hope, all ye who enter here. Not everyone will be taken to the bright future of the global energy industry!”

08 June 09:14
Igor Sechin: The use of the dollar as an economic weapon have set in motion the process of de-dollarization

One of the key reasons for the beginning of the gradual de-dollarization of the architecture of world finance was the use of the dollar as an instrument of unfair competition, said Igor Sechin, Chief Executive Officer of Rosneft, in his report at the Energy Panel of the 27th St. Petersburg International Economic Forum

08 June 09:11
Rosneft head talks about "phantom barrels" in the oil market that negate OPEC+ efforts

The stockpiling of reserves by both Western and Middle Eastern companies, as well as the build-up of production capacity, may be an expectation of major market changes, Rosneft Chief Executive Officer Igor Sechin said in his report at the Energy Panel at the 27th St. Petersburg International Economic Forum

08 June 09:08
Igor Sechin describes the green transition as a new form of colonialism against developing countries

Green transition is a form of neo-colonialism against developing countries, said Rosneft's Chief Executive Officer, while delivering a keynote speech at the Energy Panel at the 27th St. Petersburg International Economic Forum

08 June 09:05
Igor Sechin: Europe faces a new reality - Europeans have become poorer

For the first time in decades, Europe is facing a new reality - Europeans have become poorer, stated Igor Sechin, Chief Executive Officer of Rosneft, while delivering a keynote speech at the Energy Panel of the 27th St. Petersburg International Economic Forum

08 June 09:01
Igor Sechin: the idea of energy transition is aimed at strengthening the unipolar structure of the world order

The idea of energy transition is to strengthen the unipolar structure of the world order, stated Igor Sechin, the Chief Executive Officer of Rosneft, while delivering a keynote speech at the Energy Panel of the 27th St. Petersburg International Economic Forum