RNFTF News and Press, Rosneft Oil Co OJSC From 03/29/22

The Russian ruble is extending gains versus the dollar to the highest level since Feb 28, as the country's stock market gradually reopens after a near month-long suspension. As the Russian stock market regains some ground in the fourth session since trading resumed, the ruble is rising 4...

After two turbulent years, sadly, 2022 has not provided a break following war erupting in Eastern Europe. This has sent long-lasting geopolitical shock waves across the world and seen companies rush to exit Russia, such as BP, whose Rosneft stake suddenly became toxic. Despite rec...

Lukoil is one of Russia's largest oil producers. In 2021, with oil prices still rather low, the company was highly profitable. High oil prices could boost profits this year, but sanctions, trading restrictions, and a large discount of Urals crude versus Brent will have a negative impa...

Four Senators introduced a bill Thursday to ban imports of Russian uranium. Recent sanctions have restricted oil, natural gas and coal imports, but left the world's leading producer of enriched uranium free to trade with US utilities. Russia's Rosatom accounts for ~35% of the world's enriched...

Beijing is in talks with state-owned enterprises "SOEs" regarding opportunities to scoop up Russian companies and assets, according to Bloomberg. The news comes on the back of European and US firms announcing exits from Russian holdings, including BP's (NYSE:BP) sale of Rosneft (OTCPK:RNFTF),...

In the early morning hours of February the 24th, Russian troops have crossed the border and have begun large-scale military operations in Ukraine. Markets were thrown into turmoil with billions erased from Russian equities as the US and EU have issued unprecedented never-before-seen s...

This week's DOE inventory update showed a larger than expected 6.3mb draw in oil and oil products. TSA checkpoint numbers pointed to a ~3% reduction in passenger volume week on week. Western countries announced a ~60mb strategic petroleum reserve release. Pioneer's (NYSE:PXD) CEO indicated th...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The ongoing Russia-Ukraine conflict is fueling intense volatility in the markets. Today, some of that volatility in key names is stalling out as regulators enact Russian stock halts. Source: Shutterstock So what is go...

Companies, governments and markets are taking more actions to distance themselves from Russian companies in response to Russia's invasion of Ukraine. The London Stock Exchange (OTCPK:LDNXF) (OTCPK:LNSTY) has suspended trading in 27 companies, the U.K.'s Treasury is denying Russian aviation an...

Exxon Mobil (NYSE:XOM) says it is beginning the process to discontinue operations at the Sakhalin-1 LNG venture in Russia and devising steps to exit the project, and will not invest in new developments in the country, in response to Russia's invasion of Ukraine. "Our role as operator goes bey...