Oil and Gas

Tatneft is potentially interested in buying part of Lukoil's petrol stations.

"Tatneft" is potentially interested in acquiring part of the petrol stations of Lukoil, RNS reports with reference to the company's data.

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In 2017 Rosnedra expect growth in investment into geological exploration to 400 billion roubles.

Rosnedra predicted that in 2017 the volume of investment into geological exploration would be 320 billion roubles for hydrocarbons, nearly 35 billion roubles - for solid minerals, another 27 billio

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The Ergin becomes more expensive out of the auction.

Rosneft and Gazpromneft will compete for the field with a price tag of at least 7 billion roubles.

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In 2017, Azerbaijan’s income from oil sale to be $5 bln at the price of $40 per barrel

At the average price of $40 per barrel Azerbaijan will receive $5 billion from oil sales in 2017. This was stated by President Ilham Aliyev at the republican meeting on cotton production.

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Russian companies agree with Iran on development of large hydrocarbon deposits

Russian companies have reached agreements on the development of large hydrocarbon fields in Iran.

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Rosneft permitted to build blending unit at lubricants plant of Angarsk petrochemical company

The State Expert Evaluation Department of Russia has approved Rosneft to implement a project for the construction of a blending unit at the Angarsk petrochemical company.

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Profitability of independent filling stations falls to almost zero

The independent retailers of oil products complain of a sharp drop in the margins of filling stations: according to their calculations, in the first quarter it almost reached zero.

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Drilling at well of the Barsagelmez field in Turkmenistan is over

The drilling department of Nebitdag of the state-owned concern Turkmenneft has completed drilling operations at the 1314th well of the Barsagelmez field.

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BP prolongs agreement with contractor on oil platform management in Azerbaijan

BP has extended the contract with the Scottish company Elite Control System to provide services for automated management and support of the Chirag oil platform in the Azerbaijani sector of the Casp

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Gazprom plans to place 7-year euro bonds in pounds

On Wednesday Gazprom plans to place 7-year euro bonds in pounds.
From March 27th Gazprom holds a road show of euro bonds in pounds in Edinburgh and London.

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