Oil

Latvia to help Belarus with oil

Latvia can provide oil supplies to Belarus via the Polotsk-Ventspils oil pipeline, which has a capacity of 8 million tons.

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Druzhba requires repairs: Belarus to limit monthly pumping through the pipeline

Minsk has found another lever of pressure on Moscow in the ongoing negotiations on the cost of transit through Belarus and price of supplies to its refineries.

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SOCAR: We are technically unable to supply oil to Belarus

We can technically supply both Azerbaijani oil and oil from other countries to parties wishing to buy it.

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India has decided to participate in Vostok Oil project

India has decided to take part in Rosneft's project to develop Vostok Oil’s fields on the Taimyr peninsula. This was announced by Minister of Oil and Natural Gas of India D. Pradhan.

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Russian Finance Ministry: Oil export duty to increase by $1.3 to $78.5 per ton from February 1

From February 1, 2020, export duty on oil in Russia will be $78.5 per ton, as it follows from the materials on the website of the Russian Ministry of Finance. Currently, it is $77.2 per ton.

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Novatek increases gas production, indicators are growing due to Yamal LNG project

Novatek has secured its position as the second largest gas producer in 2019, confidently beating Rosneft.

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In 2019, Transneft Upper Volga commissioned 38.6 km of the linear part of the main pipelines

Transneft-Upper Volga has summed up results of a program of technical re-equipment and reconstruction of main pipelines in 2019. Transneft announced this on January 14, 2020.

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Safmar group to ship a batch of oil to Mozyr oil refinery

The Safmar group of businessman Mikhail Gutseriev has started supplying oil to Mozyr oil refinery in Belarus, the RIA Novosti reports, citing information from the group.

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Gazpromneft to produce 5 million tons of oil from East Siberian assets by 2025

Gazpromneft plans to produce more than 5 million tons of oil and gas condensate per year at its assets in Eastern Siberia in five years.

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Kazakh Energy Minister: Kazakhstan to discuss oil supplies with Belarus by January 20

Kazakhstan will meet with Belarus to discuss oil supplies before January 20, head of the Energy Ministry of Kazakhstan Nurlan Nogaev said.

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