Rosneft has started field works at five license blocks of the Barents and Pechora Seas: West Prinovozemelsky, located in the North-Eastern part of the Barents sea near the Novaya Zemlya archipelago, Perseevsky, located in the North-Western part of the Barents sea, and at the South Russky, South Prinovozemelsky and West Matveevsky license blocks, located in the Pechora Sea.

On June 26, 2014 in Vladivostok Rosneft President, Chairman of the Management Board Igor Sechin took part in the annual general meeting of shareholders of the Far Eastern Shipbuilding and Ship repair center (FESRC); its Board of Directors is also headed by Igor Sechin.

For the scope of increase loading of railroad tanks with dark oil products Rosneft expands the use of thermal imagery technology.

Rosneft and ExxonMobil, within the framework of the Sakhalin-1 Consortium, have finished transport operation on transportation and installation of a unique sea drilling platform Berkut, which has the biggest upper part in the world at Arkutun-Dagi on North East shelf of Sakhalin Island.

Rosneft and Lukoil began the construction of prospecting and appraisal well № 1 at Ribachya structure as part of geologic exploration of North Caspian licensed site, situated in a Russian sector of North Caspian water area. The project is operated by the Caspian Oil Company. The planned drilling depth is 1650 meters.

Rosneft subsidiary Vankorneft has launched the navigation campaign on delivery of nearly 400 thousand tons of cargoes via the Bolshaya Kheta River (left tributary of the Yenisei).

On June 18, 2014 as part of 21st international oil congress the balance was stricken and the victors of the contest for the best scientific and technical design concerning issues of fuel and economic complex “FEC-2013” were awarded.

On June 15, 2014 there was a serious accident at Achinsk oil refinery. Unfortunately, as a result, people died and some were injured. President and all Company’s staff send their condolences to the victims’ relatives.

Rosneft President, Chairman of the Management Board Igor Sechin held negotiations with Statoil CEO Helge Lund. The parties discussed joint projects on geological exploration on the Russian continental shelf in the Barents Sea and the Sea of Okhotsk, and projects on the development of Domanic deposits at the license blocks of Rosneft in Samara region.

17 June Rosneft President, Chairman of the Management Board Igor Sechin held a working meeting with Eulogio Del Pino, PDVSA Vice President of Exploration and Production. The parties pointed meaningful results of joint projects of the two companies at the meeting.