Russia

Rosgeologiya hopes for 3-4 oil and gas projects on Arctic shelf in 2019

Rosgeologiya expects to receive up to four oil and gas facilities on the Arctic shelf for geological exploration next year.

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Akron plans to launch facilities for production of nitric acid for 270 thousand tons

Akron Group intends to invest more than 2 billion rubles in launch of nitric acid facilities at the site in Veliky Novgorod, the press centre of the Group told the Rupec.

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Rosgeologiya plans to complete evaluation of diamond resources in Karelia by 2020

Rosgeologiya has planned to complete geological prospecting works to assess projected resources of diamonds in Karelia by 2020, deputy general director of Rosgeologiya Sergei Kostyuchenko told the

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Russia and Germany consider prospects of gas transit through Ukraine

Vladimir Putin and Angela Merkel have discussed gas transit through the Ukraine after 2019. The discussion took place in the format of a telephone conversation.

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Antipinsky oil refinery completely stopped oil processing from December 5

Antipinsky oil refinery (part of the group of companies New Stream) has completely stopped processing of oil due to cessation of raw materials supply to the enterprise, the Reuters reported cited i

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Moldova finds alternative to Russian gas and refuses services of Gazprom

Prime Minister of Moldova Pavel Filip has made a statement today that the republic plans to abandon natural gas of Russian origin.

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Gazpromneft builds the first rectangular tank farm in Russia

Gazpromneft - Lubricants, operator of the Gazpromneft’s oils business, has commissioned the only rectangular tanks for base and commercial oils in Russia.

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LNG equipment manufacturers to receive subsidies.

Russia's share in the global LNG market should grow to 15-20%.

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"Suchan-Ugol" is waiting for the approval of the state commission to begin development of the mine in Primorye.

After that the company will start the main works - obtaining a license and restoring the flooded mine.

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Russia to invest 5.5 trln rubles in Arctic projects in the next 5 years

The Russian Arctic zone has the potential to increase oil production by 30-40 million tons and gas production by 150 billion cubic meters.

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