India and Russia promote mutual oil/gas cooperation, with Oil India investing in Rosneft's Vankor cluster projects.
1 report, 1 independent
Updated Aug 14
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What happened
India and Russia promote mutual oil/gas cooperation, with Oil India investing in Rosneft's Vankor cluster projects.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Rosneft
Russian energy company
- Ukrainian drones targeted Russian oil facilities, contributing to a fuel crisis in Crimea.
- Rosneft is developing Vostok Oil in Russia, utilizing partnerships with companies like Samsung Heavy Industries and Zvezda, and attracting investment interest from firms like Trafigura, with support from Putin.
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Oil India
Indian hydrocarbon exploration and production company
Nothing else this week.
Related events
- Russia is utilizing the Arctic passage for oil transport, increasing reliance on Asia and seeking new routes to the West.
- Rosneft is advancing an oil project by acquiring a stake in a logistics company, following discussions involving Marat Kabaev and Nikolai Patrushev.
- Rosneft is utilizing Murmansk as a hub for oil shipments via ship-to-ship transfer, while sanctions have forced Vitol and Trafigura to withdraw from the Vostok project.
- Amid drone attacks on refineries, Rosneft capped nationwide gasoline purchases while Lukoil introduced purchase restrictions in Moscow, concurrent with Novak's economic assessment.
- Putin highlighted Vostok Oil as Rosneft's flagship project, which is located on the Taimyr Peninsula in Russia. Putin also stated that the oil and gas sector is key to Russia's economy.