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Rosneft accounted at the time for about 12% of Germany’s oil refining capacity. The Economy Ministry said Friday that it is extending the trusteeship again until March 10, 2024, “to secure the ...
As part of the sanctions imposed on the Russian Federation as a result of the Russo-Ukrainian War, on September 2, 2022, finance ministers of the G7 group of nations agreed to cap the price of Russian oil and petroleum products in an effort intended to reduce Russia's ability to finance its war on Ukraine while at the same time hoping to curb further increases to the 2021–2022 inflation surge.
Didier Casimiro graduated from Ghent University in 1991, and Lisbon University in 1992. Fluent in 7 languages, including Portuguese and French. In 1996-2012, he worked at BP oil company in management positions. In his participation, in 2003, the branch of the BP company TNK-BP (Tyumen oil company - BP) was established in Moscow.
Rosneft was founded in 1993 as a state enterprise and then incorporated in 1995, acquiring a number of state-controlled gas and oil assets. It became Russia's leading oil company after purchasing assets of the former oil company Yukos at state-run auctions.
BP has swung to a quarterly loss after taking a mammoth 25.5 billion US dollar (£20.4 billion) hit following its move to quit Russia, but soaring oil prices saw underlying profits hit their ...
Russia's Rosneft, which closed its oil trading arm after sanctions were imposed by U.S. authorities in February, has set up a new Geneva-based trading business, four trading sources familiar with ...
Rosneftegaz is a Russian holding company managing assets in the oil and gas industry. Rosneftegaz is the owner of a controlling stake in Rosneft, 10.97% of the shares of Gazprom, as well as 26.36% of the shares of Inter RAO. [3] 100% of Rosneftegaz shares are owned by the state represented by the Federal Agency for State Property Management. [4]
BP owns a 19.75% stake in the Russian oil company, while the Russian government owns around 40% of the business. The stake was worth around 14 billion dollars on BP’s books at the end of 2021.