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.
1 report, 1 independent
Updated Sep 7
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What happened
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.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- A draft decree has been outlined detailing a new infrastructure funding plan, championed by the President, to support Arctic projects involving Rosneft and Novatek.Sub-event
- Rosneft is advancing an oil project by acquiring a stake in a logistics company, following discussions involving Marat Kabaev and Nikolai Patrushev.Sub-event
Rosneft leverages partnerships (Samsung, Zvezda) and investment interest (Trafigura) for Vostok Oil operations, commissioned by Putin.1 source
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The entities involved
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Rosneft
Russian energy company
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Vladimir Putin
2nd and 4th President of Russia (2000-2008, 2012-present), 7th and 11th Prime Minister of Russia (1999-2000, 2008-2012), Director of the Federal Security Service (1998-1999) and Deputy Mayor of Saint Petersburg (1994-1996)
Related events
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- Russia is utilizing the Arctic passage for oil transport, increasing reliance on Asia and seeking new routes to the West.
- Rosneft CEO Igor Sechin opened a project via the Kremlin, and the company established a new shipyard in Bolshoy Kamen.
- Rosneft announced a major oil project milestone involving a pipeline initiative in Krasnoyarsk.