How Igor Sechin earns on US sanctions against Venezuela


The Venezuelan government uses Rosneft to circumvent US sanctions. According to Reuters, the oil state company PDVSA began to send invoices for fuel to a Russian partner, who pays for them immediately and at a discount, and then resells the resources to other buyers for the full price.

Gazprombank resists corruption in Venezuela


Earlier, former top-manager of the Venezuelan state-owned oil company PDVSA, Abraham Edgardo Ortega, confessed to the US authorities to receive a bribe from a Russian bank and a French oil company.

Canadian company strikes in the American court Igor Sechin


The Delaware court issued an order to arrest the American refinery Citgo at the request of the Canadian Crystallex. About half of Citgo's shares are pledged to Rosneft, and the Russian state-owned company has a week to appeal against the court's decision.

American pledge of "Rosneft" for loans to Venezuela was arrested


The American court arrested a foreign asset of the Venezuelan state company PDVSA - Citgo at the suit of the Canadian company Crystallex. 49.9% of its shares were pledged by Rosneft for its loans of almost $ 6 billion.

The US court may arrest the assets of the company pledged on a loan from Rosneft


This is achieved by the owners of the company, nationalized by Venezuela.

Igor Sechin loses his ally in Latin America


The oil sector of Venezuela is falling apart.

Rosneft has fallen in price by 1.5 trillion rubles after the transactions with Venezuela


The market reacted negatively to Igor Sechin's brotherly financial assistance.

Friends of Igor Sechin from Venezuela on the verge of bankruptcy


The Venezuelan partner of Rosneft - PDVSA - can not pay its debts.

Sechin's expansion: why Trump wants to prevent Rosneft from gaining control over Citgo


Washington is preparing for the possible Rosneft's control over the Venezuelan Citgo, which processes 5% of all US crude oil.

Rosneft invested 6 billion dollars in Venezuela


This is the advance payment of Rosneft to the state company PDVSA for oil supplies.

US fears Rosneft


The Russian state-owned company can gain control over Citgo, which owns energy assets in the US.

Igor Sechin is lured into Venezuelan swamp


PDVSA invited Rosneft to get a share in the joint venture with the US Chevron.

Sechin's weird bails


Rosneft is ready to accept the responsibility for $11 billion of loans to third parties.

Net profit of Rosneft has fallen by half


The company estimated the loss from tax maneuver at 165 billion rubles.

Latin reshuffle: what Russia should expect from the regime change in Venezuela


For the first time since 1999, supporters of Hugo Chavez lost the majority in the Parliament of Venezuela. That shift can affect the economic relations with Russia: the new authorities can review the existing investment projects.