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On May 28, Rosneft delivered a payment to the group of international banks repaying two syndicated loans which were obtained by former TNK- BP group in 2011-2012.
Rosneft Aero (Rosneft subsidiary) and Air BP Limited (BP Plc. subsidiary) have signed Aviation fuel supply agreements.
On May 25, Chairman of Rosneft Management Board Igor Sechin made a range of appointments in order to enhance the efficiency of the Company’s management structure. These administrative decisions were taken in order to raise requirements to the Company’s management for strengthening their responsibility, efficiency and professional competence.
On May 25, Rosneft produced one millionth ton of crude oil at the Northern Tip of Chayvo field on the shelf of the Sakhalin Island.
Rosneft Brasil (100% owned Rosneft subsidiary) and PetroRio (the new brand of HRT Participações em Petróleo S.A.) announce the signing of the Rosneft Brasil transaction to acquire PetroRio’s 55% in the Solimões project.
Rosneft Board of Directors held a scheduled meeting. In compliance with the guidelines of the Government of the Russian Federation Rosneft BoD appointed Igor Sechin CEO of the Company starting May 24, 2015.