Exxon Mobil ([[XOM]] -2.9%) is dropping more than at any time in the past year after it forecast flat production in 2014 on reduced capital spending.However, RBC Capital's Peter Hutton isn't rattled by XOM's production ... FULL ARTICLE AT Seeking Alpha
[[BP]] and Chevron (CVX) rank among the biggest losers if Russia-Ukraine tension grows worse, with collateral damage in related corporate bond spreads, Gimme Credit bond analyst Philip Adams says.BP, owner of 19.75% of Russian energy giant Rosneft ...FULL ARTICLE AT Seeking Alpha
Filed under: Investing The world is obviously waiting raptly for an indication of the next occurrence in the chaos gripping Ukraine. Even with Russia potentially backing down in what has become something of a geopolitical circus , more than a few ... FULL ARTICLE AT Daily Finance
GlencoreXstrata ([[GLCNF]], [[GLNCY]]) is poised to take an equity stake this year in Russian oil company Rosneft (RNFTF) under the terms of a renegotiated loan agreement.Glencore says Rosneft has refinanced part of its debt and repaid $1B in ... FULL ARTICLE AT Seeking Alpha
LONDON (Reuters) - Vitol, the world's biggest oil trader, is in talks to lend Russian state-controlled oil company Rosneft $2 billion in exchange for supplies of refined products, the Financial Times reported on Monday. FULL ARTICLE AT Reuters.co.uk
Rosneft (Russian: Росне́фть, IPA: [rɐˈsnʲeftʲ]; RTS:ROSN, MICEX:ROSN, LSE: ROSN) is an integrated oil company majority owned by the Government of Russia. Rosneft is headquartered in Moscow’s Balchug district near the Kremlin, across the Moskva river. Rosneft became Russia's leading extraction and refinement company after purchasing assets of former oil giant Yukos at state-run auctions.
Article At Wikipedia.org