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Russia's Rosneft (RNFTF.PK)  and Japan's Inpex (IPXHF.PK) are set to sign an accord on...

Russia's Rosneft (RNFTF.PK)  and Japan's Inpex (IPXHF.PK) are set to sign an accord on joint development of offshore oil resources near Magadan in the Sea of Okhotsk in Russia's far east. The agreement reportedly will cover the Magadan-2 and Magadan-3 fields, which has estimated oil reserves of 3.4B barrels.
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