Oil

Oil extraction grew by almost 130% in Yamal Nenets Autonomous Area

For the first time in 12 years the Yamal Nenets Autonomous Area states the growth of oil extraction in the region by 129.1% at once.

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Russia increased oil extraction by 4.7%, exports – by 4.6% in January

The volume of oil extraction (including gas condensate) in Russia in January made up 46.5 mln tons, which is by 4.75 higher than in January 2016 and by 0.8% higher than in December 2016, Rosstat re

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Goldman Sachs: Boom of projects in oil production due to deal of OPEC to entail surplus of oil in 2018

The reduction in the production by the OPEC countries and Russia, which led to the increase in the oil prices, could provoke a boom in the oil production projects in the next three years.

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At least 3% of fields with different minerals in Russia are undistributed

The share of the undistributed subsoil fund in Russia for different types of minerals is at least 3%, said today the Minister of Natural Resources Sergei Donskoy at the meeting with President Vladi

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Tatneft extracted about 2 mln tons of super-viscous oil

On March 20th 2017 a meeting of the Board of Directors of Tatneft took place in Kazan where the results of the budget execution by the company in January-February 2017 were summed up and

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Orenburgneft increases oil extraction at Bobrovsky deposit

Despite of the fact that 70 mln tons have been already extracted there since 1964.

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Oil extraction in Yugra in February made up 17.941 ml tons

In February 2017 oil extraction in the Khanty Mansi Autonomous Area – Yugra made up 17.941 mln tons. The average daily extraction amounted to 640.7 thousand tons.

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In Q2, Russia to supply to Belarus 4 mln tons of oil

The schedule of the deliveries of Russian oil to Belarus assumes the delivery of 4 million tons of oil in the second quarter of 2017 through the pipeline system, official representative of Transnef

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Transneft resumes oil shipment for export in he port of Novorossiysk

Transneft has resumed the shipment of oil for export in the port of Novorossiysk, official representative of the company Igor Demin reported.

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In March Russia has reduced oil production by 161 thousand barrels per day.

As of March 19th within the framework of the agreement with OPEC Russia reduced oil production by 161 thousand barrels per day in relation to October 2016, taken for the base level, a source famili

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