Tagged Rosneft

Rosneft, BP in carbon management pact

By Sanja Pekic Russia’s Rosneft oil company and oil major BP signed an agreement to collaborate on carbon management and sustainability activities. The post Rosneft, BP in carbon management pact appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News

Russian LNG-fueled Aframax tanker ready for sea trials

By Adnan Bajic The first Russian Aframax tanker, the LNG-fueled Vladimir Monomakh is ready to start sea trials. Courtesy of Zvezda Shipbuilding Complex The vessel, designed to transport oil in unrestricted navigation, was launched at the Zvezda Shipyard at the start of May. Sea trials will include checking the reliability and vital functions of power…

BP profit slips on demand destruction and low prices

By Nermina Kulovic Oil major BP reported a significant decline in its quarterly profit due to lower prices and the destruction of oil demand by the coronavirus crisis. BP on Tuesday posted an underlying replacement cost profit for the first quarter of $0.8 billion, compared with $2.4 billion for the same period a year earlier….