The Omsk Refinery summarized the results of production activities in Q1 2017.
In January-March 2017, oil production in Russia increased by 0.6% to 136 million tons, the Federal State Statistics Service informs.
Last week 635.5 thousand tons of highly octane Euro-5 petrol were produced in Russia.
SOCAR Petroleum (SOCAR’s subsidiary) has increased the number of filling stations under the SOCAR brand in Azerbaijan to 25, SOCAR reports.
The Ministry of Finance did not like the idea of Rosneft to support its refinery with a special tax scheme.
In 2016, the cost of the Russian gas supply to Belarus decreased by about 7% to $2.54 billion compared to 2015, this follows from the Government's materials for the meeting between the Russian
The Federal Antimonopoly Service (FAS) is dissatisfied with the reduction of fuel sales by oil companies at the St. Petersburg International Commodity Exchange (SPIMEX).
Since April 1, Belarus will reduce export duties on oil and oil products, exported outside the customs territory of the Eurasian Economic Union.
The independent retailers of oil products complain of a sharp drop in the margins of filling stations: according to their calculations, in the first quarter it almost reached zero.
LUKOIL is considering the possibility of selling up to 30% of its petrol stations in Russia due to a drop in the profitability of the business.