China Oil and Gas

In February, oil import from Russia to China grew by 4.5%

In February 2017, oil imports from Russia to China increased by 4.5% compared to the same period last year to 4.29 million tons, or about 1 million barrels per day.

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CNPC to start the development of new gas fields in Uzbekistan in 2017.

In H2 2017 the Uzbek-Chinese joint venture New Silk Road Oil & Gas Company Ltd will begin the construction and production of gas at the fields of the Karakul investment block (the Bukhara Regio

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In 2017, CNPC to start development of new gas fields in Uzbekistan

In the second half of 2017, the Uzbek-Chinese joint venture New Silk Road Oil & Gas Company Ltd will begin the construction and production of gas at the fields of the Karakul investment block (

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Sibur waits for peak of demand for rubber

In 2016, the largest Russian petrochemical holding company Sibur increased its net profit 18 times to 111 billion rubles, and the revenue - by 8.4%, mainly due to the growth in the production of po

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CNPC is ready to develop long-term plan of cooperation with SOCAR

The Chinese National Oil and Gas Corporation (CNPC) is ready to develop a long-term strategic plan for cooperation with such Azerbaijani partners as SOCAR.

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Kazakhstan increased the tariff for Russian oil pumping to China to $11.36/ton

The Ministry of Energy of Kazakhstan has approved the tariff for Russian oil pumping to China at $11.36/ton (VAT excluded).

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Russian Direct Investment Fund interested in drilling

Two years after the failure of the transaction to sell 46% stake to Schlumberger, which could become the largest on the Russian oilfield services market, shareholders of Eurasia Drilling Company (E

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Gazprom again offers Sakhalin gas to China

Gazprom has announced the beginning of commercial negotiations with Chinese company CNPC on pipeline supplies of gas from Sakhalin.

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LUKOIL gets out of the Aral Sea.

The Company closes the project with CNPC and "Uzbekneftegaz".

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Explosion at plant for production of calcium carbide in Xinjiang may affect the production of PVC in China

The explosion, which occurred at the plant for the production of calcium carbide of the Chinese company Xinjiang Yihua Chemical Industry Co Ltd in the Xinjiang Uyghur autonomous region of China on

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