Oil and Gas

BASF observes growth in the Russian chemical market this year.

The German concern BASF had noted a positive trend in the Russian chemical products market since early 2017, the BASF Chairman Kurt Bock stated at a meeting with the Russian President Vladimir Puti

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It is proposed to work out uniform standards for industrial and extractive industries on Yamal

In Salekhard participants of the forum of indigenous peoples of the North, Siberia and the Far East of Russia have discussed the issues of environmental management and social and corporate responsi

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Drilling company PNG to build 42 wells for Samaraneftegaz

The tender of Samaraneftegaz to perform drilling operations for 42 production wells at oil fields in the Samara region has been won by drilling company PNG.

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Petrol prices in Russia grow

The prices of petrol on the commodity exchange continue to grow against the background of the unplanned production cuts at the Ufa refinery, which now belongs to Rosneft.

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Twins of Russian oil companies in Great Britain to lose registration

Transneft, Tatneft, Lukoil and Surgutneftegaz have succeeded in annulling their counterparts from the public register of UK companies.

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Moscow oil refinery plant has completed one of stages of modernization of primary processing unit

The Moscow oil refinery plant of Gazprom Neft has held the assembly of equipment at the primary oil processing unit crude vacuum unit-6.

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Stroytransneftegaz has built over 50% of its section of Power of Siberia ahead the schedule

Stroytransneftegaz has completed the construction of more than 50% (305 km) of its section of Power of Siberia gas pipeline, the company reports.

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In February, oil import from Russia to China grew by 4.5%

In February 2017, oil imports from Russia to China increased by 4.5% compared to the same period last year to 4.29 million tons, or about 1 million barrels per day.

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On March 29, Transneft to place bonds for 20 bln rubles

On March 29, Transneft will begin placing bonds of the BO-001R-06 series to the amount of 20 billion rubles for a period of four years, it follows from the materials of the company.

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Extraction of the JV of Lukoil and Wintershall made up 5.3 mln barrels in 2016

The extraction of the JV of Lukoil and Wintershall, Volgademinoil, made up 5.3 mln barrels of oil equivalent in 2016.

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