Russia

Ministry of Energy outlines the principles of the modernization program for TPPs

The Ministry of Energy outlined its vision of the program for the modernization of power plants until 2035.

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Polyus and Chinese Fosun terminate the agreement on the sale of shares

Polyus and Fosun have terminated agreement on the sale of shares, the Russian company said on its website posted on the London Stock Exchange website.

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Lukoil needs more of Gulf of Mexico

Lukoil has begun to enjoy its work in Mexico.

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Omskneftekhimproekt to design and build UI&O facilities for Omsk refinery

PJSC Omskneftekhimproekt concluded subcontracting agreements with JSC NIPIgazpererabotka within the framework of ongoing modernization of the facilities of the Omsk refinery, local media reported.<

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Final annual volume of gold production in Kolyma is 33 tons

Government of the Magadan region has voiced new final figures for gold mining in the region last year.

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In 2017, Polyus increased gold production by 10%

In 2017, Polyus increased its gold production by 10% to 2.16 million ounces (67.2 tons), mainly due to growth in production at the Olympiada and Verninskoye deposits, the company reported.

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Magadan Silver gold recovery plant begins to process Verkhne-Menkeche ore

JSC Magadan Silver (part of Polymetal) began to process ore from the Verkhne-Menkeche deposit belonging to GeoProMining.

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From February 1, duty on oil export from Russia to grow by $8.7 per ton

From February 1, 2018, duty on oil export from the Russian Federation will grow by $8.7 to $120.1 from $111.4 per ton in January.

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RN-Nyaganneftegaz starts developing the Nazymsky site

RN-Nyaganneftegaz, a subsidiary of Rosneft, has started seismic exploration using the 3D method in the volume of 770 square km at a new license area of ​​the company in the Khanty-Mansiysk autonomo

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In 2018, Lukoil plans oil production at the level of 89.1 mln tons

In 2018, Lukoil plans to produce oil in the volume of 89.1 million tons (including production at the West Qurna-2 field in Iraq), head of Lukoil Vagit Alekperov told reporters.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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