IOC, OIL sign pact with Russian oil firm Rosneft
The MoU document was signed in the presence of the Prime Minister Narendra Modi, and Russian President Vladimir Putin by IOC Chairman B Ashok, OIL Chairman & Managing Director UP Singh and the Chairman of the Rosneft Management Board Igor Sechin.
Rosneft chief criticises OPEC for `destabilising markets`
The President of Russian state-controlled energy company Rosneft Igor Sechin accused OPEC on Tuesday of destabilising oil markets, saying it was under the influence of a small group of Middle Eastern countries.
Feb 11, 2015, 02:41 AM ISTRosneft's Sechin says oil could fall below $60/barrel next year
Russia`s most powerful oil official Igor Sechin said that oil prices could fall below $60 by mid-way through next year, speaking the same day OPEC met in Vienna and left its output targets unchanged.
Nov 28, 2014, 05:14 AM IST