Russia

In Q3, TMK made the net profit in the amount of $22 mln against last year’s loss

In the third quarter of 2017, the TMK's net profit under IAS made up $22 million against the loss in the amount of $19 million in the same period last year, the company’s press release in

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Russian Steel raises forecast of steel consumption growth in Russia in 2017 to 5.5%

The association Russian Steel, which unites the largest producers of ferrous metals and pipes in Russia, has raised the forecast for the growth in the domestic steel consumption in 2017 to 5.5%, wh

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Gazprom receives commercial gas inflow at the Shahbazpur field in Bangladesh

Gazprom International, a subsidiary of Gazprom, has received a commercial inflow of gas from the Shahbazpur field on Bola Island in the south of Bangladesh, the company reports.

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In the first 9 months, Gazpromneft reduced its net debt by 7.2% to 595.6 bln rubles

As of September 30, 2017, the net debt of Gazpromneft amounted to 595.571 billion rubles which is by 7.2% less than the figure at the beginning of this year, the company's materials show.

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Transneft suspends oil pumping from Azerbaijan because of earthquake

After the earthquake in the region of Derbent Transneft is inspecting the section of the Baku-Novorossiysk oil pipeline and suspended the pumping, official representative of the company Igor Demin

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In October, Antipinsky refinery increased production of naphtha by 10%

The Antipinsky refinery, a key asset of the New Stream group of companies, increased production of straight-run gasoline by 10% in October.

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In the first 9 months, Buryatzoloto’s loss was 437 mln rubles

According to the quarterly report of Buryatzoloto, in January-September 2017, the company's losses amounted to 437 million rubles.

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Iraq looks for solution on contracts between Rosneft and Iraqi Kurdistan

Rosneft may have problems with contracts the company has entered into with the Government of Iraqi Kurdistan. This was stated by Ambassador of Iraq to Russia H. Al-Azari on November 15, 2017.

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Amurmetal to reduce its dependence on scrap metal

Electrometallurgical plant Amurmetal is working out options for using alternative types of raw materials in the production of steel.

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Lukoil ships over 200 thousand tons of natural stable gas to Karpatneftekhim since May

The refineries of Lukoil have delivered the bulk of raw materials to Karpatneftekhim (Kalush, the Ukraine) in 2017.

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