Oil

The capacity of the Yamal LNG plant will be 8-9% higher than the project level

The capacity of the Yamal LNG plant will be 8-9% higher than the project level, Leonid Mikhelson, the head of Novatek, the main shareholder of the Yamal LNG project, told journalists at a briefing

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Gazprom Neft and Mitsui to evaluate prospects for cooperation in development of offshore deposits in Sakhalin

Gazprom Neft and Mitsui signed a memorandum of understanding providing for the development of the offshore project on the Sakhalin Island.

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Alexei Kudrin said about the risks of oil prices falling to $50 per barrel

The price of oil may drop to $50 per barrel in the next three years. This was reported by the head of the Accounts Chamber of the Russian Federation Alexei Kudrin.

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Rosgeology begins deep study of Bazhenov suite

Specialists of the research and production center Nedra, which is part of the state holding Rosgeologiya, began drilling the well No. 1 Bazhenovskaya.

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Import of PET to the Russian market up by 13% in Q1

Import of polyethylene terephthalate (PET) to the Russian market increased by 12.8% in the first quarter of this year. Supplies of bottled PET grew by 21%.

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Rosgeology began drilling a well at the Bazhenov test site in Khanty-Mansi Autonomous Area

The company Nedra (part of the state holding Rosgeologiya) has started drilling the parametric well No.

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For geologists of LUKOIL, hard-to-recover reserves are not hard

More than 1 thousand high-tech wells in the fields of Ugra and Yamal were built under the supervision of experts from the Drilling Support Center of LUKOIL-Western Siberia.

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Japan interested in Russian FEC

Japan and Russia have great prospects in energy cooperation. This was stated by the Japanese Minister of Economy, Trade and Industry Hiroshige Seko in an interview with the TASS.

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Bashneft finds new field in south-west of Iraq

Bashneft International B. V. (subsidiary of Rosneft) has discovered a new oil field in Iraq, called Salman.

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Ministry of Finance is against floating excises on fuel

The Ministry instead offers refundable excises

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