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Rosneft: News

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Ukraine war latest: Record Russian military budget for 2027 confirms no interest in ending war

Key developments on Sept. 29: * Russia to raise military spending by 27% in 2027, highest level in war so far, media reports * Russian military units allegedly involved in Oleshky humanitarian crisis identified * Putin restricts publication of Russian refinery, energy data amid Ukrainian strikes * Russian troops using civilians as 'human shields' to flee via Kupiansk pipeline, Khartiia Corps claims * Tu-95 aircraft crashed in Russia's Amur Oblast during training, killing 6 crew members, Mo

About Rosneft

Rosneft is Russia's state-controlled oil company and one of the world's largest petroleum producers, with headquarters in Moscow and operations across multiple countries. The company, majority-owned by the Russian government since 2004, controls significant oil and gas reserves and refining capacity that generate revenue supporting Russia's war economy. Western sanctions imposed after Russia's full-scale invasion in February 2022 have targeted Rosneft's international operations.

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