Press releases
- 28 February 2012
- Rosneft and ITERA Group Sign Strategic Cooperation Agreement
Rosneft and ITERA Oil and Gas Company have signed a strategic cooperation agreement for joint exploration and development of gas deposits in Russia.
- 28 February 2012
- Meeting of Rosneft Board of Directors
At a meeting of the Rosneft Board of Directors held on February 28, it was decided that an extraordinary general shareholders’ meeting be conducted by absentee ballot on April 10, 2012 to vote on the following issues: 1) approving the altering of a major transaction; 2) approving the conclusion and altering of related party transactions.
- 08 February 2012
- Rosneft holds public hearings on seismic research programmes on two Kara Sea blocks
On February 7, 2012, public hearings were held in the city of Archangelsk to discuss seismic research programmes in the Kara Sea on two blocks licensed to Rosneft – East Prinovozemelsky-1 and East Prinovozemelsky-2 – which the Company is developing jointly with US oil and gas major ExxonMobil.
- 03 February 2012
- 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.
- 02 February 2012
- Rosneft and Sberbank reach agreement in principle on Taas-Yuryakh project
February 02, 2012, Moscow: Rosneft and Sberbank signed a tentative agreement on the acquisition by Rosneft of a 35.3 percent stake in Taas-Yuryakh Neftegazodobycha
- 23 January 2012
- Rosneft Reserve Replacement Ratio Over 160%, Gas Reserves More Than Double, Hydrocarbon Resources Almost Triple
Rosneft reviewed the results of DeGolyer & MacNaughton's independent audit of its hydrocarbon reserves.
- 22 December 2011
- Rosneft Board of Directors Reviews 2011 Expected Results and 2012 Business Plan
On December 21, 2011 Rosneft Board of Directors met to review key financial and operational results for 2011 and business plan for 2012.
- 22 December 2011
- Rosneft President Eduard Khudaynatov comments on 2011 results
Commenting on the results in 2011 Rosneft President, E. Khudaynatov, said that all of Rosneft’s 2011 business performance indicators showed stability and robustness
- 08 December 2011
- Rosneft Takes an Important Step in Expanding into the Strategic Market of Venezuela
Moscow, December 8, 2011. Rosneft and PDVSA today signed a tentative memorandum of understanding to set up a joint venture to develop heavy crude oil reserves in Venezuela as part of the Carabobo-2 project. Rosneft will hold a 40% stake in the planned joint venture with the remaining 60% to be owned by PDVSA subsidiary CVP.
- 26 October 2011
- Rosneft announces Q3 2011 results: Rosneft EBITDA reaches USD 5.3 billion in Q3 2011, oil production increases by 2.9% and reaches 2.4 million barrels per day, strategic steps taken
Rosneft’s EBITDA amounted to USD 5,283 million in Q3 2011, which is an increase of 13.9% year-on-year. An increase in the tax burden, particularly due to annulment of a reduced export duty for Vankor crude and the end of Vankor MET holidays, put downward pressure on the figure. The increase was also tempered by higher transportation and electricity tariffs year-on-year.