Oil Price - Russias largest oil producer Rosneft has decided to quit Iran and the possibility of US$30 billion worth of joint Russian-Iranian investments in oil and gas projects in the Islamic Republic, Russian business daily Vedomosti reports, quoting three sources close to Rosnefts top management. In November last year, Rosneft and the National ...

Tasnim The CEO of Russian oil major Rosneft warned of consequences for Europes economy if some European companies fail to continue cooperation with Iran and purchase oil from the country. Speaking at a forum in the Italian town of Verona on Thursday, Igor Sechin said certain European companies refusal to maintain cooperation with the Islamic Republic,...

[caption id="attachment_111423" align="alignright" width="243"] The logo of Russia's top crude producer Rosneft is seen on a price information board of a gasoline station, with the Ostankino television and radio tower seen in the background, in Moscow July 17, 2014.CREDIT: REUTERS/SERGEI KARPUKHIN[/caption] (Reuters) - Russia's Rosneft (ROSN.MM), ...