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Thursday 28 August 2025

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Context on Energy
News Eni spreads Egypt gas field risk with Rosneft stake sale

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 investments and offset weak oil prices.

  • December 12, 2016
News Russia signs Rosneft deal with Qatar, Glencore

Russian state holding company Rosneftegaz on Saturday signed a deal with the Qatar Investment Authority (QIA) and commodities trader Glencore (GLEN.L) to sell a 19.5 percent stake in state-owned oil major Rosneft (ROSN.MM), Rosneft said.

  • December 11, 2016
News OPEC, non-OPEC agree first global oil pact since 2001

OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some countries.

  • December 10, 2016
News Russia signs Rosneft deal with Qatar, Glencore

Russian state holding company Rosneftegaz on Saturday signed a deal with the Qatar Investment Authority (QIA) and commodities trader Glencore (GLEN.L) to sell a 19.5 percent stake in state-owned oil major Rosneft (ROSN.MM), Rosneft said.

  • December 10, 2016
News Russia still working on how to freeze oil output ahead of OPEC talks

Russia has yet to plan how to freeze oil production and there has been no agreement among its leading producers on output curbs, three senior industry sources told Reuters on Wednesday, just days before an OPEC meeting.

  • November 23, 2016
News Russia: we'll cut 2017 oil output plan by up to 300,000 bpd if freeze agreed

Russia could revise down its 2017 oil production plans if a global output freeze pact comes into force, Russian Energy Minister Alexander Novak said on Thursday.

  • November 23, 2016
News Turkey expects first unit of Akkuyu nuclear plant to be online by end 2023

Turkey expects the first unit of its planned $20 billion Akkuyu nuclear power plant, being built in collaboration with Russia, to be online by the end of 2023, energy minister Berat Albayrak said on Tuesday.

  • November 8, 2016
News Bashneft stops sending oil to Hungary, Slovakia via Druzhba pipeline - sources

Russia's Bashneft (BANE.MM) has stopped sending oil to Hungary and Slovakia through the Druzhba pipeline, three industry sources said, in what traders believe reflects a change in marketing strategy under Bashneft's new owner Rosneft RSN.MM.

  • November 7, 2016
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