ST PETERSBURG, Russia (Reuters) - Russia's top crude producer Rosneft is looking into a possibility of entering the U.S. stock market, the company's influential Chief Executive Officer Igor Sechin said on Wednesday.
With TNK-BP, Rosneft overtakes Exxon and PetroChina Co. in output. It will pump about 4.1 million barrels a day this year
OAO Rosneft’s US$55-billion takeover of TNK-BP creates an empire stretching from Russia’s Far East to Venezuela that pumps almost 5% of the world’s crude.
MOSCOW (Reuters) - Rosneft expects capital expenditure of $20 billion this year following the acquisition of TNK-BP , Rosneft's Chief Executive Officer Igor Sechin said on Tuesday. The previous guidance for Rosneft's capex this year was $15 billion, while TNK-BP expected it at to be around $6 billion. Sechin told investors during a presentation that the company is able to reduce spending following the deal to acquire TNK-BP. (Reporting by Vladimir Soldatkin; editing by Megan Davies)
Rosneft expects capital expenditure of $20 billion this year following the acquisition of TNK-BP , Rosneft's Chief Executive Officer Igor Sechin said on Tuesday. The previous guidance for Rosneft's capex ...
Rosneft reported one of the largest rises in crude output among the Russian oil majors last year
More crude from state-owned top producer Rosneft kept Russian oil output the highest in the world last year, ahead of Saudi Arabia, Energy Ministry data showed on Wednesday.
Crude output edged up almost 1% to a new post-Soviet high of 10.37 million barrels per day (bpd), but the increase could halt this year due to depleted oil fields in West Siberia.