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The Latest Breaking News from Rosneft

In France, a seized superyacht creates headaches, not just for its owner

In a quiet corner of the French Riviera, La Ciotat Shipyards said it is writing bills for mooring fees for the towering white superyacht Amore Vero, but it doesn't know who to send them to.

Reuters

Lithuania first country to stop using Russian gas in milestone anti-Ukraine war move

The Lithuanian Government announced that from the start of April the country has been operating without Russian gas before slamming the EU - which gets 40% of its crude from Gazprom - for failing to cut off its reliance on Russian energy

Daily Mirror

Was this photo of Chechen leader Kadyrov praying in a petrol station taken in Ukraine?

A photo claiming to show the Head of the Chechen Republic Ramzan Kadyrov has made the rounds on social media and on international media outlets. In the photo, Kadyrov is said to be praying in a petrol station in Mariupol, the Ukrainian port city where Chechen fighters are currently helping…

France 24

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Live updates | Chinese diplomat suggests moves to end war

A Chinese diplomat has a suggestion for resolving the Ukraine conflict: U.S. President Joe Biden should call Russian President Vladimir Putin and promise there will be no further NATO expansion, no deployment of strategic weapons in Ukraine and that the country will remain neutral

The Independent UK

Govt say no plan to pay in rupee for Russian oil

NEW DELHI: There is no plan on the table to pay in Rupee for crude oil state-run refiners are buying from Russia or any other country, the government informed Parliament on Monday.

The Times of India

Russian stocks rally as Moscow Stock Exchange partially re-opens

Trading is only allowed for 33 key stocks on the Moex Russia Index

Evening Standard

Factbox-UK imposes new sanctions on Russian elites and businesses

Britain on Thursday imposed new sanctions on Russian elites and businesses, targeting strategic industries including a defence company that makes drones, major shipping group Sovcomflot and top lender Gazprombank.

Reuters

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Russian stock market, crushed by war, will partially reopen

Russia plans to reopen its stock market for limited trading on Thursday, nearly one month after shares plunged and the exchange was shut down following the invasion of Ukraine

The Independent UK

Ex-minister who warned on sanctions works for oil trader linked to Russia

Alan Duncan’s employer Vitol has stake in vast Arctic exploration project backed by the Putin regime

The Guardian - UK

BP boss Bernard Looney sees pay nearly double to £4.5 million

The bumper pay out comes amid soaring oil and gas prices but BP insists the increased reward is not linked

Evening Standard

BP boss Bernard Looney’s pay almost doubles to £4.5m in 2021

Remuneration package includes £142,000 wage increase and £2.4m in bonuses for financial performance

The Guardian - UK

Three Rosneft staff balked at attending Crimea show amid war, sources say

Three employees of Russian oil giant Rosneft said they had resisted pressure to attend a celebratory show in a Moscow stadium on Friday to mark the eighth anniversary of Russia's annexation of Crimea from Ukraine.

Reuters

Mega yacht ‘owned by oligarch and Putin ally Igor Sechin’ seized by Spanish authorities

Crescent is the oil tycoon’s second boat to be detained since sanctions took effect

The Independent UK

EU to tighten sanctions on Russian oil companies, but stops short of import ban - source

European Union states are set to adopt new sanctions against Russia's oil majors Rosneft, Transneft and Gazprom Neft, but will continue to buy oil from them, an EU source told Reuters on Monday.

Reuters

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Reuters

UK imposes asset freezes on Abramovich, Rosneft boss Sechin

Britain imposed sanctions on Chelsea soccer club owner Roman Abramovich and Igor Sechin, the chief executive of Russian oil giant Rosneft, hitting them with asset freezes and travel bans because of their links to Russian President Vladimir Putin.

The Guardian - UK

UK politics: Boris Johnson says he fears Putin may use chemical weapons in Ukraine – as it happened

PM says Russian claims about enemies getting ready to use chemical weapons echoes what happened before the use of chemical weapons in Syria

The Guardian - UK

US inflation rises to new 40-year high of 7.9%; Abramovich sanctioned by UK – as it happened

ECB raises inflation forecasts, cuts growth outlook amid Ukraine conflict, as stock markets slide and Chelsea FC owner is sanctioned by Britain

Businessweek

‘We Could Lose It All’: BP’s Bet on Russia Was Always a Gamble

The company will eat a $25 billion loss with its forced exit from the country—but higher oil prices will ease the pain.

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The Guardian - UK

Igor Sechin: the epitome of power in Putin’s Russia

As head of state-owned oil firm Rosneft, oligarch commands central place in the economy

Wales Online

Dozens of firms have cut ties with Russia in the past week

The companies have cut ties with Russia in an act of solidarity against Vladimir Putin's invasion of Ukraine

Manchester Evening News

Co-op, Morrisons, H&M, M&S and more cut ties with Russia amid Ukraine invasion

Shell, BP and British Gas have all taken steps to condemn and sever ties with Russia's economy

Tribune News Service

France impounds yacht owned by head of Russian state oil giant

Rosneft Chief Executive Officer Igor Sechin’s superyacht was blocked by French customs officials on the Cote D’Azur, part of the European Union’s sanctions against wealthy Russians with close ties to President Vladimir Putin.

Daily Record

Full list of UK sanctions placed on Russia as businesses begin to boycott the country

As well as UK Government sanctions, a number of large firms have also stepped in and cut ties with Russia.

The Conversation

Shell, BP and ExxonMobil have done business in Russia for decades – here's why they're leaving now

In response to Russia’s invasion of Ukraine, British energy giant BP announced on Feb. 27, 2022, that it will sell its nearly 20% ownership in Russian state-owned energy giant Rosneft. BP’s rival Shell is also pulling out of all of its operations in Russia, as are U.S. energy giant ExxonMobil…

Reuters

France seizes Rosneft boss's yacht as it tried to flee

French customs have seized a yacht belonging to Rosneft boss Igor Sechin as it tried to leave the Mediterranean port of La Ciotat in a breach of EU sanctions on Russian oligarchs, Finance Minister Bruno Le Maire said.

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