NK Rosneft' PAO (ROSNq.L)
24 Feb 2017
LONDON (Reuters Breakingviews) - Glencore Chief Executive Ivan Glasenberg’s next challenge will be keeping his acquisitive instincts under control. The mining and commodities giant has recovered from its near-death experience a year and half ago. Net debt has halved to $15.5 billion and buoyant prices mean the group is once again generating mountains of cash. Resisting the urge to spend it on buying more assets is the serial dealmaker’s biggest task.
MOSCOW, Feb 22 Russia's Rosneft, the world's top listed oil producer by output, posted net profit of 52 billion roubles ($907.7 million) in the fourth quarter last year, slightly less than in Q4 of 2015, the company said on Wednesday.
DUBAI, Feb 22 Here are some factors that may affect Middle East stock markets on Wednesday. Reuters has not verified the press reports and does not vouch for their accuracy.
TUNIS, Feb 21 Libya's National Oil Corporation (NOC) has signed a crude oil offtake agreement with Russia's Rosneft as it looks to encourage foreign investment and bolster Libyan output, the NOC said on Tuesday.
MOSCOW, Feb 20 A consortium led by Russian oil major Rosneft plans to finally complete its $12.9 billion acquisition of India's Essar Oil next month, two Russian sources close to the deal told Reuters.
MILAN, Feb 16 Italian bank Intesa Sanpaolo is talking to 14 banks to syndicate a 5.2 billion euro loan it provided to fund the purchase of a 19.5 percent stake in Russian energy giant Rosneft by Glencore and Qatar's sovereign wealth fund, the head of Intesa's operations in Russia told Reuters.
Feb 16 Head of Intesa Sanpaolo's investment banking unit Banca IMI Gaetano Micciche says:
MOSCOW Russia's top oil producer Rosneft will have to spend up to $100 million to improve standards at aging refineries it bought last year, industry sources have told Reuters.
MOSCOW, Feb 10 Some of the domestic refineries of Russia's largest oil producer Rosneft have been hit hard by tax reforms and weaker oil prices, putting a strain on profits, sources and analysts told Reuters on Friday.
MOSCOW, Feb 1 Russia has cut its oil and gas condensate production in January by around 100,000 barrels per day (bpd), as concluded from the data provided to Reuters by two industry sources on Wednesday.