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Main page News room News

News

27 March 2012
Rosneft Concludes Public Hearings on Seismic Study Programme at Three Blocks in the Western Arctic

Rosneft has concluded a series of public hearings on its 2012 seismic study programme for the East Prinovozemelsky 1 and 2 blocks in the Kara Sea and the Youzhno Russky block in the Pechora Sea. Public hearings began in early February in Arkhangelsk and in the village of Yar-Sale in the Yamalo-Nenets autonomous region.

12 March 2012
Rosneft Appoints Vice President for Refining

Igor Pavlov was appointed Rosneft vice president for refining on March 11, 2012.

01 March 2012 17:35
Rosneft is Switching to IFRS Financial Reporting

On March 1, 2012 Rosneft published its full audited consolidated IFRS financial statements for the 12 months of 2011 with comparable data for the 12 months of 2010 and 2009. The Company is switching from US GAAP to IFRS reporting from the first quarter of 2012.

24 February 2012
Rosneft Switching to IFRS Financial Reporting

Rosneft is to begin preparing its consolidated financial reporting in accordance with International Financial Reporting Standards (IFRS) starting from the first quarter of 2012. The Company previously compiled its financial reporting in accordance with US GAAP.

03 February 2012 17:30
Rosneft 2011 EBITDA Reaches a Historical Peak of USD 22 Billion, Q4 Hydrocarbon Production Exceeds 2.6 mln boe

On February 3, 2012 Rosneft was the first among international oil and gas companies to publish full audited consolidated US GAAP financial statements for 2011.

31 January 2012 17:28
Rosneft Q4 and 12M 2011 US GAAP Financial Results

Rosneft will publish its Q4 and 12M 2011 audited consolidated US GAAP financial results on Friday, February 3.

31 January 2012
Rosneft Wins World Finance Awards for Best Annual Report and Financial Disclosure

Rosneft has been named the winner of two World Finance 2011 Investor Relations Awards for Best Annual Report and Best Financial Disclosure. The jury for the awards, which are run by World Finance, an authoritative international publication, is composed of business leaders from the world's largest consulting and auditing firms, as well as the heads of Fortune 500 investor relations departments.

31 January 2012
Rosneft Obtains Licenses For Three Barents Sea Blocks

Rosneft has obtained licenses for geological survey, exploration and production of oil and gas at three blocks of federal significance on the Barents Sea shelf. The blocks are Tsentralno-Barentsevsky, Fedynsky and Perseevsky. Estimated total resources at the blocks stand at 3.3 billion tonnes of crude oil and gas condensate and up to 2,800 bcm of gas.

19 December 2011
Rosneft Obtains Five New Blocks in Okhotsk Sea

By order of the government of the Russian Federation Oil Company Rosneft has been granted five blocks on the Sea of Okhotsk shelf for geological surveying, exploration and development. The five blocks are Magadan-1, 2 and 3, Lisyansky and Kashevarovsky. According to Rosneft estimates, total recoverable resources at these deposits stand at over 1.1 billion tonnes of liquid hydrocarbons and 2 trillion cubic metres of gas, including 850 million tonnes of oil and 1.789 trillion cubic metres of gas at the Magadan-1, 2 and 3 blocks.

12 December 2011
Rosneft New Leader on the Far East Bunker Market

OJSC Rosneft and Sakhalin Energy have signed a long-term agreement under which Rosneft will supply bunker fuel through its terminal at the Russian port of Nakhodka to the operator of the Sakhalin-2 project. Before the Rosneft agreement was signed, Sakhalin Energy's oil tankers and LNG carriers could only use bunkering at ports in Korea, Singapore and Hong Kong. The Sakhalin Island was the first tanker to use bunkering as part of the agreement.