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MOSCOW< Dec 15 (Reuters) - Russia's budget has not yet received proceeds from a sale of a state stake in the country's largest oil producer Rosneft, Deputy Finance Minister Alexei Moiseev said on Thursday. Russia's finance ministry had initially expected to receive funds from the privatisat
Read moreLONDON, Dec 15 (Reuters) - Royal Dutch Shell and Varo Energy are in advanced talks on the sale of Shell's 37.5 percent stake in the 220,000 barrels per day refinery in Schwedt, Germany, they said on Thursday. The companies did not disclose the value of the deal. Varo Energy, a joint v
Read moreBAKU, Dec 15 (Reuters) - Oil giant BP will do everything possible to slow a natural decline in crude output at its oil fields in Azerbaijan, BP Regional President for Azerbaijan Gordon Birrell said on Thursday. "This is a natural process. We can't stop it but we're trying to slow it down,"
Read more* 'Inadequate management' cause of 75 incidents reviewed * BP trails other rivals in safety risk mitigation * 2015 internal report says 'highly material safety risks' remain (Adds details in paragraph 5) By Ron Bousso LONDON, Dec 13 (Reuters) - BP's refining operations a
Read more* 'Inadequate management' cause of 75 incidents reviewed * BP trails other rivals in safety risk mitigation * 2015 internal report says 'highly material safety risks' remain By Ron Bousso LONDON, Dec 13 (Reuters) - BP's refining operations are exposed to high safety risks
Read moreMOSCOW, Dec 13 (Reuters) - Russian President Vladimir Putin and Qatari Emir Sheikh Tamim bin Hamad al-Thani noted the importance of the deal in which Qatar and Glencore bought a 19.5 percent stake in Russian oil firm Rosneft , the Kremlin said. Russia and Qatar also agreed to further bilat
Read more(Adds analyst, source, shares) By Stephen Jewkes and Valentina Za MILAN, Dec 12 (Reuters) - Italian energy company Eni will sell a 30 percent stake in its giant Egyptian offshore gas field Zohr to Russia's Rosneft for $1.575 billion, pressing ahead with asset sales to fund investment
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(ShareCast News) - Evraz led its sector to the top of the leaderboard with its stock hitting a new 52-week high as steel rebar prices notched up fresh gains. Overnight, Chinese steel rebar futures rose from $500.1 a tonne to $524.5 even as Chinese securities traded mostly lower on news that the s
Read more(ShareCast News) - Oil prices shot higher after non-OPEC producers agreed to reduce their own output in parallel to the cut announced by the oil cartel on 30 November. Adding to the buying pressure in crude oil futures, shortly after the announcement OPEC linchpin Saudi Arabia said it would lower it
Read moreMOSCOW, Dec 11 (Reuters) - Italy's Intesa and a syndicate of banks are to provide Qatar and commodities trader Glencore with 7 billion euros of financing to buy a 19.5 percent stake in Rosneft, a Rosneft source said on Sunday. Intesa will provide "significantly over 50 percent" of the finan
Read more(Adds detail, context) By Katya Golubkova MOSCOW, Dec 10 (Reuters) - Russian state holding company Rosneftegaz on Saturday signed a deal with the Qatar Investment Authority (QIA) and commodities trader Glencore to sell a 19.5 percent stake in state-owned oil major Rosneft, Rosneft sai
Read moreMOSCOW, Dec 10 (Reuters) - Russian state holding company Rosneftegaz has signed a deal with the Qatar Investment Authority (QIA) and commodities trader Glencore to sell a 19.5 percent stake in state-owned oil major Rosneft, Rosneft said on Saturday. The deal was announced by Rosneft Chief E
Read moreOULU, Finland, Dec 9 (Reuters) - Russian Prime Minister Dmitry Medvedev said on Friday that he had ordered the government to work on increasing Rosneft's dividend payments. For its 2015 results Rosneft paid 35 percent of its net profit according to international accounting standards.
Read moreMOSCOW, Dec 9 (Reuters) - Rosneft is making sure that its activity is legally sound, Kremlin said on Friday, commenting on the U.S. government intention to check if sanctions where violated by the decision of Qatar and Glencore to buy a stake in the Russian oil giant. "It is a normal thing
Read moreMOSCOW, Dec 8 (Reuters) - Qatar's purchase of a stake in Russian oil company Rosneft was not discussed during talks between Russia and the OPEC oil producers' group on cutting oil output, TASS news agency cited Russian Energy Minister Alexander Novak as saying. (Writing by Denis Pinchuk; Editin
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