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Rosneft’s Net Profit Plunges 70% in First 9 Months of 2025 as Falling Oil Prices and Sanctions Bite

CEO Igor Sechin linked the results to a deteriorating economic environment, including lower prices amid rising oil supply.

Ukrainian Drones Target Rosneft Refinery in Samara – Reports

Russia’s Defense Ministry said its air defenses intercepted 118 Ukrainian drones, including 18 over the southern Samara region.

Russian Oil Revenues Slide to 2.5-Year Low as Sanctions Drive Asian Buyers Away

The International Energy Agency warned that sanctions on Rosneft and Lukoil “may have the most far-reaching impact yet on global oil markets.”

Russian Oil Prices Sink as India and China Cut Purchases Ahead of U.S. Sanctions Deadline

The discount on Urals versus North Sea benchmark Brent widened to $23.51 per barrel, the largest since March 2023.

Chinese Refiners Cut Russian Oil Imports Ahead of New U.S. Sanctions – Bloomberg

State-owned giants Sinopec and PetroChina have already canceled some shipments of Russian oil, Bloomberg cited traders as saying.

What New U.S. Sanctions on Rosneft and Lukoil Mean for Russia’s Oil Trade

Trump is seeking to pressure buyers of Russian oil and tighten financial pressure on the Kremlin as he seeks to end the war in Ukraine. Will it work?

Germany Says Rosneft Subsidiaries Not Affected by U.S. Sanctions

U.S. sanctions targeting Rosneft will not affect the Russian oil giant's German subsidiaries, which were placed under state administration after Moscow...

Russia’s ESPO Crude Loses Premium After U.S. and EU Sanctions Hit Rosneft, Lukoil – Bloomberg

The impact of Western restrictions has shaved more than $1.50 off the price per barrel for ESPO, which typically trades at a premium to Urals.

Russian State Giants Top Corporate Debt Ranking – Forbes

According to Central Bank estimates, one in six major companies is now struggling to manage its debt.

United Kingdom Declares ‘Russian Oil Is Off the Market’ as it Sanctions Rosneft and Lukoil

The British government accused Rosneft and Lukoil of either benefiting from or supporting the Russian government through their business dealings.

Ukrainian Drone Strike Halts Operations at Rosneft Refinery in Saratov

The Saratov plant is the third Rosneft refinery to see operations disrupted by drone strikes in the past week.

CEO of Russia-Backed Nayara Energy Resigns Following EU Sanctions – Reuters

Nayara Energy is majority-owned by Russia’s state-controlled oil giant Rosneft and a closely affiliated Russian investment fund.

Britain Links Azerbaijani Traders With Rosneft Ties to Russia’s Shadow Fleet

The men allegedly used their ties to Rosneft CEO Igor Sechin to trade more Russian crude in 2024 than any other entity.

Rosneft Takes Over Russia’s Largest Rare Earth Deposit

The acquisition by Rosneft comes after President Vladimir Putin slammed the project’s previous operator over development delays.

Russian Scientists Warn of Dangerous Levels of Carcinogen Along Black Sea Coast

One expert compared the pollution to the U.S. military’s use of Agent Orange during the Vietnam War.

Rosneft Employs Dozens of Escorts, Team Navalny Says

“A couple dozen” young female Rosneft employees also appear on escort websites or are listed as escorts in leaked databases, Team Navalny said.

India, Russia Agree Biggest-Ever Oil Deal – Reuters

The deal comes as the EU has just agreed on its 15th sanctions package against Moscow.

Rosneft Denies Reports of Mega Oil Merger Plans

The state-backed oil giant accused journalists of trying to tarnish CEO Igor Sechin’s reputation, sarcastically referring to him as “evil Sechin.”...

Russia to Explore Mega Oil Merger – WSJ

The deal, combining Rosneft, Gazprom Neft and Lukoil would create the second-largest oil producer in the world.

Russian State Oil Giant Rosneft Profit Falls After Sanctions

Western powers have imposed a raft of sanctions against Russia, including a price cap on its crude, over the conflict in Ukraine.

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