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The facilities were built about 90 years ago and were used to store oil shipped through a pipeline from the northern Iraqi city of Kirkuk. (Shutterstock)

January 27th, 2019 - 08:33 GMT

Lebanon Signs With Rosneft to Operate Oil Installations in Tripoli

Lebanon has signed a deal with Russia's largest oil company, Rosneft, to upgrade and operate storage installations in the northern city of Tripoli.

Rosneft and the National Iranian Oil Company (NIOC) signed a road map for strategic cooperation in oil and gas in Iran—cooperation which Rosneft’s chief executive Igor Sechin said would involve a total of US$30 billion of investments. (Shutterstock)

December 17th, 2018 - 09:11 GMT

Russia's Rosneft Walks out of $30 Billion Joint Oil and Gas Projects With Iran

With its vast reserves, low extraction costs and high spare capacity, Saudi Arabia will continue to remain the dominant power broker in the OPEC and international energy markets. (Shutterstock)

June 19th, 2018 - 08:06 GMT

A Look at Saudi Arabia and the New Economics of Oil

Putin meeting with soldiers of the Russian army (AFP/FILE)

April 11th, 2018 - 02:15 GMT

What does Russia Want with the Taliban?

Qatar Emir and Russian President Putin have met in Moscow and debated several ideas to enhance ties in many fields such as defence, energy, economy, and investment. (AFP/ File Photo)

March 27th, 2018 - 03:16 GMT

Emir of Qatar and Putin Discuss Strengthening Bilateral Relations

Russia and America

February 5th, 2018 - 09:24 GMT

Opinion: Russian Money Insidiously Warping the American System

Iran's president, Hassan Rouhani. (AFP/ File)

October 30th, 2017 - 11:08 GMT

Iran Expects to Sign More Than $20 Billion of Energy Contracts in 2018

Iran’s crude oil exports to Russia are part of an oil-for-goods barter scheme with Russia. (File photo)

October 29th, 2017 - 02:51 GMT

Iran to Begin Oil Exports to Russia Under Oil-For-Goods Barter Deal

Through this deal, Rosneft has become a partner in the development of the largest gas field in the Mediterranean Sea. (AFP/ File)

October 11th, 2017 - 09:22 GMT

Russian Oil Company Rosneft Buys 30 Percent Stake in Egypt's Zohr Gas Field

According to a new report, Russia could emerge as a global energy superpower in the midst of world chaos. (AFP/ File)

October 2nd, 2017 - 02:22 GMT

Russia Could Be the World's Next Energy Superpower, Says Report

Libyan forces. (AFP)

August 21st, 2017 - 07:49 GMT

Shell Loads First Load of Cargo Containing Oil From Libya in 5 Years

The headquarters of QatarGas, the largest LNG producer in the world, in Doha. (Shutterstock)

June 11th, 2017 - 08:00 GMT

Qatar Gas Supplies Not Affected by Crisis: Reports

Rosneft is going through privatization, but remains partially owned by the Russian government. (Rosneft)

March 2nd, 2017 - 09:00 GMT

Russia's Rosneft calls for Libyan autonomy after striking oil deal