Sechin about oil prices in 2018

The oil price in 2018 will amount to $ 40-43 per barrel, the chief executive officer of Rosneft, Igor Sechin predicts. According to him, one of the most significant factors here, along with the production of the shale oil, is the large …

Ulyukayev's corruption trial to begin tomorrow

The trial of former Economic Development Minister Alexei Ulyukayev, who is accused of taking a bribe of $2 million, will begin at the Zamoskvoretsky District Court of Moscow on August 8, the court's press secretary …

Rosneft finds first oilfield offshore eastern Arctic

Russia's largest oil producer Rosneft said on Sunday it had found its first oilfield in the Laptev Sea in the eastern Arctic. Rosneft and its partners plan to invest 480 billion rubles ($8.4 billion) in developing Russia's …

Rosneft CEO: OPEC agreement to end abruptly

Russian oil company Rosneft served notice that it would step up production if the agreement among major crude producers to curb output comes to a sudden end, Rosneft's chief executive, Igor Sechin, told the Financial …

 Sechin: everyone should join OPEC deal

Rosneft Chief Executive Officer Igor Sechin, speaking at the summit of the heads of energy companies within the framework of the St. Petersburg International Economic Forum, noted that the failure of all major oil-producing …