Oil

Solntsevsky coal mine on Sakhalin suspends coal supplies for regional boiler-houses

The Solntsevsky coal mine, the largest in the Sakhalin region, suspended the shipment of coal to 9 companies that deliver it to the boilers of the region.

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Novak: current oil production in Russia is by 10-20 thousand barrels per day less than October level

Russia's current oil production is by 10-20 thousand barrels per day less than in October, the Russian Energy Minister Alexander Novak told reporters before the meeting of the OPEC+’s Min

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Rosneft, Gazprom Neft and Neftegazholding sign agreement on stabilization of fuel prices

Gazprom Neft confirms the signing of an agreement with the Ministry of Energy and the FAS of Russia on measures to stabilize and develop the domestic market for petroleum products.

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TANECO expects to complete construction of refinery's second stage in 2026

TANECO, Tatneft's complex of oil refining and petrochemical industries, plans to complete the construction of objects of the second stage in 2026.

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A. Teksler. Accelerated modification of fiscal conditions is necessary to increase the attractiveness of oil production in traditional regions.

The First Deputy Minister of Energy A.Teksler made a report in the framework of the on-site meeting of the committee of the Federation Council of the Russian Federation on economic policy on legisl

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Additional motivation to allow Russia to reduce share of non-profitable oil reserves from 50% to 37%

The Russian Ministry of Energy is working on an additional set of incentives for the oil and gas industry. This was announced by the First Deputy Minister of Energy Alexei Teksler.

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Total and Novatek to study possibility of oil and gas geological exploration in Uzbekistan

Total E&P Activites Petrolieres and Novatek will examine the possibility of carrying out of prospecting works on search of oil and gas in Uzbekistan.

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FAS decides on tariffs for Transneft

In 2019 they will increase by 3.87%

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Shelf exploration in Russian Federation to be finally exempted from duties on fuel and equipment

Russian geological exploration will finally be exempted from paying export duties on equipment and fuel used for work outside the territorial waters of the Russian Federation.

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Shymkent refinery plans to increase oil processing to 6 mln tons in 2019

Shymkent oil refinery (Kazakhstan), which completed the modernization program in summer of 2018, has planned to increase volume of oil processing and production of petroleum products next year, the

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