Russia's Soyuzneftegaz Drops Offshore Syria Exploration Plans

Yuri Shafranik, a former Russian energy minister, also said the private company had frozen its two onshore oil and gas projects in the country, Reuters said.

September 29, 2015

Russian Billionaire Fridman Asks For Delay On North Sea Asset Sale

The assets are 11 oil and gas fields, including a 70% stake in the Breagh Field which produces 3% of Britain's annual gas output, Reuters said.

September 28, 2015

Russian Deputy Prime Minister Opposes Oil Tax Plan

Russia is seeking ways to replenish state coffers hit by an economic downturn, due to the plummeting price of oil, its main export, as well as international sanctions over Moscow's role in the Ukrainian conflict.

September 24, 2015

Libya Captures Russia-flagged Tanker Smuggling Oil

Twafik Alskir, a senior official with Tripoli-allied naval forces said 11 Russian crew had been detained. Alskir said the tanker and crew had been taken to Tripoli port, Reuters said.

September 16, 2015

Schlumberger Bid For Eurasia Stake Could Face New Hurdles

Initially broadly endorsed by Russia's anti-monopoly body, the bid has been postponed several times.

September 15, 2015

Rosneft: Sinopec May Buy Stake In Two Fields

The option is part of an agreement on cooperation within the proposed joint development of the two oil fields that was signed in Beijing, Rosneft said in a statement.

September 3, 2015

China's COSL Will Drill Sea Of Okhotsk Wells For Rosneft

China’s COSL will use the Nanhai-9 rig to drill two exploration oil wells in water depths less than 150m in the Sea of Okhotsk in 2016, Reuters said.

September 2, 2015

Rosneft, Mubadala Discuss East Siberian Fields Development

Rosneft is in talks with the United Arab Emirates’ Mubadala Petroleum to jointly develop two east Siberian projects, Tass Yuriakh and Verkhnechonskoye, according to the Kremlin, Reuters reported.

August 24, 2015

Trican Completes Sale Of Russian Pressure Pumping Business

The transaction involves the sale of all shares of Trican Well Service LLC, an indirect wholly-owned subsidiary of Trican that holds the Russian pressure pumping business, to Trican for a purchase price of $150 million, a news release said.

August 21, 2015

Rosneft Registers For Brazil Licensing Round

Rosneft said that 10 oil basins and blocks, located onshore and offshore Brazil, would be put up for sale at the licensing round, Reuters reported.

August 17, 2015