Russia

Russia to supply 30 million tons of oil to the People's Republic of China via the Skovorodino-Mohe pipeline.

From 2019 China would receive all 30 million tons of oil agreed with the Russian Federation via the Skovorodino-Mohe pipeline, and before that part of it would be sent via the port of Kozmino,

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Purchase of Uniper makes Fortum partner of Gazprom

A possible transaction for the sale by E.On of 46.65% stake in Uniper to the Finnish company Fortum may affect both the Russian energy market and the key export project of Gazprom Nord Stream-2, in

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Gazprom to allocate additional 50 billion roubles for the construction of "Turkish Stream".

Gazprom, the Russian energy giant, will, after reviewing the budget and investment program in 2017, send additional 50 billion roubles to finance the construction of the Turkish Stream gas pipeline

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Schlumberger: Despite low oil prices, we continue to invest in the Russian economy

In terms of investments, Schlumberger is an old partner of the Tyumen region and it continues to develop this cooperation.

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Lukoil to announce strategy for 10 years in December

In December 2017 Lukoil is to announce a new ten-year strategy of the company, a member of the board of Lukoil, senior vice president of oil and gas production Azat Shamsuarov said at the Tyumen Oi

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Gazpromneft increases forecast of production potential at the Novoport field

Gazpromneft plans to produce about 6 million tons of oil at the Novoportovskoye field in 2017, at the same time the company has increased its forecast for the oil production capacity at the field t

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Federal Agency on Subsoil Usage put up the Verkhnekatangsky, Kochemsky and Chitomirsky subsoil sites in the Irkutsk region for auction

The Federal Agency on Subsoil Usage has announced auctions for obtaining the right to geological study, exploration and production of hydrocarbons at the Verkhnekatangsky, Kochemsky and Chitorminsk

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Vitol increases loan for oil deal with Kazakhstan to $5 billion

Vitol, which specializes in oil and petroleum products, increased its early export loans to the Kazakhstani state oil companies to $5 billion, thereby strengthening its main position on the develop

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3.2 mln tons of Bikinsky coal produced in Primorye since the beginning of the year

In the first eight months of this year, volume of coal production at the Bikinskoye deposit in Primorye amounted to 3.262 million tons.

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In 2017, Gazpromneft plans to increase production of hydrocarbons by 3-4%

Gazpromneft plans to increase its hydrocarbon production by 3-4% in 2017 to 89.4 million tons of oil equivalent, said the first deputy general director of Gazpromneft Vadim Yakovlev at the Tyumen O

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