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News

26 October 2011
Laurence Bates Appointed Business Development Advisor to the President of Rosneft

Laurence Bates, who previously served as vice president and project director in the Russian shelf division at BP, has been appointed vice president and business development advisor to the president of Rosneft.

29 September 2011
Rosneft secures loan for production operations through subsidiary

LLC Neftepromleasing, leasing subsidiary of OJSC Rosneft Oil Company, signed USD 500 million term loan facility with Nordea acting as arranger and agent and Sumitomo Mitsui Banking Corporation Europe Limited as arranger. The facility is structured as a 5-year term loan facility guaranteed by Rosneft.

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.