Exxon Mobil Corp. will exit some joint ventures with Russia’s Rosneft, citing Western sanctions first imposed in 2014, while the Russian company said the pullout will result in serious losses for its U.S. partner. more

Mar 1, 2018 9:01 AM Refining/Petrochemical

Rosneft and its partners plan to invest $8.4 billion in developing Russia's offshore energy industry in the next five years, part of a bid to boost output from new areas, the Russian oil major told Reuters. more

Jun 14, 2017 3:11 PM Upstream

A consortium led by Russian oil major Rosneft plans to finally complete its $12.9 billion acquisition of India's Essar Oil next month, two Russian sources close to the deal told Reuters. more

Feb 21, 2017 11:36 AM Power Generation

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