RNFTF News and Press, Rosneft Oil Co OJSC From 09/16/22

Things are coming thick and fast as Germany attempts to avoid a collapse of its energy market. The government is now looking to take control of some domestic players to ensure key supplies following a sanctions war sparked by Russia's invasion of Ukraine. Flows across the Nord Stream 1 ...

BP has lagged its U.S. Oil & Gas majors peers in 2022. The company has experienced a massive P/E debasing and is currently trading at half the forward P/E ratio that Chevron exposes. The company has shown a tight trading range in the past year that corresponds to low forward P...

Packer & Co manages a single investment vehicle, the Packer & Co Investigator Trust, a unit trust which is able to invest in a broad spectrum of asset classes throughout the world. The Investigator Trust returned -1.2% for the past year, compared to a -7.4% return for the Aust...

Since the invasion, my funds in Russia have been frozen. I don’t believe central banks really have the will to have very high levels of bankruptcy/unemployment/social conflict. The main concern with oil/gas companies is that the managements insist on reinvestment/growth and...

Analyst estimates of the impact to Russian oil (USO) production from US / EU sanctions have varied considerably. Recent data suggests production has been rising rapidly in June, after Rosneft (OTCPK:RNFTF) guided to increased volumes in late May. However, comments Tuesday from India's ON...

This week's DOE inventory updated showed a surprise draw of 4.8mb in oil and oil products (USO). TSA check checkpoint data pointed to falling passenger volumes, down 3% week on week and 11% from 2019 levels (JETS). New York State suspended its gasoline tax (PBF). Refining margins spiked, as R...

OPEC is set to meet Thursday, with most sources indicating the group plans to stick with previously detailed production increases; just one week ago, Saudi signaled they support working with Russia as a member of the OPEC+ cartel. However, Tuesday, the Wall Street Journal reported that "some ...

According to sources cited by Reuters, Russia's state-controlled Rosneft (OTCPK:RNFTF) is planning to increase oil production (USO) from June 1, as seasonal demand is leading to increased requests from foreign buyers. The update comes following Europe's plan to allow for continued pipeline im...

Russia's Rosneft (OTCPK:RNFTF) said Friday that former German Chancellor Gerhard Schroeder will leave its board, following widespread calls for him to cut ties over the invasion of Ukraine. Schroeder, a Social Democrat like current Chancellor Olaf Scholz, led the ruling coalition government i...

Mixed EU energy policy headlines have circulated for weeks, as the continent attempts to institute a Russian oil import ban (USO), while encouraging continued natural gas flows (UNG). Over the weekend, and Monday, EU policy makers appeared to make some progress. Policy makers have drawn ...