Tag Archives: Rosneft

US hits top Russian oil companies Rosneft and Lukoil with sanctions  Reuters U.S. Imposes Substantial New Sanctions on Russian Oil Giants  The Wall Street Journal US announces sanctions on Russia’s largest oil companies  BBC US sanctions Russia’s two largest oil companies and calls on Moscow to agree to immediate ceasefire  CNN Trump hits Russian oil companies with sanctions: ‘It was time’  ABC News – Breaking …

Russia’s Rosneft net income has fallen more than 68% to 245 billion roubles ($3 billion) in the first half of the year due to weak oil prices, Reuters reported on Aug. 30, citing industry sources. Oil prices were dragged down by production hikes by Saudi Arabia and other states of the Organization of the Petroleum Exporting Countries (OPEC+). The head …