Russia Ready to Discuss Cooperation with BP
President Vladimir Putin has proposed discussions on further cooperation with Russia to BP chief executive Robert Dudley, including on projects by Rosneft, Interfax quoted the Kremlin as saying on Thursday.BP holds a 19.75 stake in Rosneft, Russia's largest oil producer.(Reporting by Gabrielle Tétrault-Farber Editing by Alexandra Hudson)
Petrobras, BP Reinforce Partnership
Petrobras chief executive officer, Pedro Parente, and BP chief executive officer, Robert Dudley, signed a Memorandum of Understanding (MOU) to complement and reaffirm the commitments contained in the Letter of Intent (LOI), signed by the companies in October 2017. The MOU was signed in London in order to confirm the intention of the parties to combine efforts to discuss and negotiate investment opportunities in the oil and gas chain…
Energy Summit Climate Discussion Becomes Contentious
The U.S. energy secretary blasted renewable fuels champions on Wednesday while the head of Royal Dutch Shell urged the energy sector to focus on world efforts to cut carbon emissions, revealing a yawning trans-Atlantic gap on climate issues. Speaking at the CERAWeek conference by IHS Markit in Houston, Shell CEO Ben van Beurden outlined an ambitious plan to reduce the Anglo-Dutch company's carbon footprint and expand in renewables…
BP's Dudley: $55-$70 Oil for Balance of Decade
BP Chief Executive Robert Dudley said on Tuesday he expects global oil prices to stabilize at around $55-$70 per barrel for the rest of the decade. Dudley was speaking at the World Energy Congress in Istanbul. Reporting by Ron Bousso
Exxon CEO back in Russia after Two-year Hiatus
Exxon Mobil Chief Executive Rex Tillerson is to attend a major investment forum in Russia this week, two industry sources said, ending a two year absence from the event that began when sanctions were imposed on Russia over the crisis in Ukraine. Tillerson is due to attend a session at the St. Petersburg International Economic Forum where Igor Sechin, head of Russian state oil firm Rosneft, is listed as keynote speaker.
Rosneft's AGM Declares Dividend
At the Annual General Meeting of Rosneft shareholders held in St.Petersburg on June 17, 2015 it was decided to distribute the profit of 87 billion rubles as dividend at the rate of 8 rubles 21 kopecks per share for 2014. The approved dividend amount equals 25% of Company’s IFRS net profit. The dividends will be paid to the nominal shareholders and professional securities market participants by July 13…
BP CEO: Oil Price Drop Restrains CapEx
The recent tumble of oil prices will create some discipline in the energy industry's capital spending, Robert Dudley, chief executive of oil giant BP , said on Monday. Dudley was speaking at an energy industry conference in Abu Dhabi. He also said it was hard to predict where oil prices would go. (Reporting by Martin Dokoupil;
World Petroleum Congress to be held in Moscow
Deputy Prime Minister of the Russian Federation, Arkady Dvorkovich, has confirmed that the 21st World Petroleum Congress will be held in Moscow from 15 – 19 June 2014. The congress will be the largest international event in the global oil and gas industries. Dr. Over 500 other industry leaders and decision makers. The recent geopolitical situation in Ukraine…
