Oil

NCOC prepares to develop Kalamkas-Sea and Hazar in Kazakhstani sector of the Capisan Sea

North Caspian Operating Company (NCOC) prepares to develop new deposits in the Kazakhstan sector of the Caspian Sea. This was reported by technical director of NCOC R.

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In 2017, Russia can reduce oil export by 4 mln tons

In 2017, Russia plans to reduce oil exports by 4 million tons. This was stated by the Minister of Fuel and Energy Alexander Novak.

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In Q1, 7.1 mln tons of oil produced in Tatarstan

In the first three months of 2017, 7 125 thousand tons of oil were produced at fields of Tatneft. 333 thousand tons of oil were produced at the Ashalchinskoye field of super viscous oil.

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Rosneft and Lukoil admitted to oil tender in Mexico

RN-Shelf South and LUKOIL International Upstream Holding, subsidiaries of Rosneft and Lukoil, have been admitted to participate in the oil tender in Mexico.

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Kazakhstan may not fulfill plan of oil production at Kashagan in the volume of 370 thousand barrels per day in 2017

Kazakhstan may not fulfill a plan for oil production at the Kashagan field in the volume of 370 thousand barrels per day in 2017.

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Novak and Bozumbaev discuss supplies of Russian oil to Uzbekistan through Kazakhstan

The Russian Energy Minister Alexander Novak and Kazakhstan's Energy Minister Kanat Bozumbayev discussed the transportation of Russian oil to Uzbekistan via Kazakhstan in Vienna, the Russian Min

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"Lukoil" may revise the investment program by September.

The company also expects to complete the preparation of contracts by Iran by the end of September.

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"Lukoil" to study the possibility of working with Iran in the Southern Caspian – Alekperov.

"Lukoil" planned to study the possibility of working with Iran in the South Caspian, the president of Lukoil, Vagit Alekperov, told journalists.

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R.Khamitov: There are not enough incentives of import substitution in petrochemical complex

The government of Bashkiria believes that the current incentives for import substitution in the petrochemical complex are insufficient.

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Russia reduces its oil dependence

The share of non-oil and gas revenues of the budget continues to increase, in 2016 it made up 2/3 of all revenues.

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