Oil and Gas

In 2018, Transneft-Western Siberia to conduct diagnosis of 28 tanks and 870 km of oil pipelines

So, in accordance with the approved schedule of diagnostics of the Transneft-Western Siberia’s tank farm from March to November 2018, a partial study of 15 storage tanks for oil and petroleum

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Rosneft and Gazprom sign contract for at least 5 bln cubic meters

As the Kommersant has got to know, in 2018 Rosneft can buy from Gazprom at least 5 billion cubic meters of gas at the regulated price to compensate for the shortage of its own production.

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BP forecasts growth in oil production in Russia to 13 million barrels per day by 2040.

The British oil and gas corporation BP predicts an increase in oil production in Russia by 2 million barrels per day by 2040 - up to 13 million barrels per day compared to 2016, according to the co

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Novatek to double value of Alrosa’s assets

Novatek taking over the gas assets of Alrosa, which it bought for 30.3 billion rubles, will rise in price by half.

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Gazprom to invest 15.5 mln euro in additional capitalization of Southern Stream designer in Serbia

The Gazprom’s Board of Directors has agreed to purchase additional shares of South Stream Serbia, a project company, established to implement the South Stream project in Serbia.

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Zarubezhneft intends to develop Susangerd oil field in Iran

Russian company Zarubezhneft has signed a memorandum of understanding with the company Gostaresh Iranian Oil and Gas Industries Development Company (known as IDRO Oil).

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Does Poland hint that it can stop fighting with Nord Stream-2?

"We want Russia to compete in this sphere in terms of price and quality, so that diversification works," - the Polish President explained.

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Nizhnekamskneftekhim plans launch of new products at oligomers and glycols plant

izhnekamskneftekhim (a member of the TAIF group) established a plant of oligomers and glycols, the goal of the reorganization in the company is to improve the management structure, the company info

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Accumulated production of RN-Nyaganneftegaz amounted to 200 million tons of oil

Accumulated production of RN-Nyaganneftegaz, a subsidiary of Rosneft, reached 200 million tons of oil. This was reported by Rosneft on February 19, 2018.

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SOCAR signs agreement on exploration of gas fields in Bangladesh

Drilling enterprise SOCAR-AQS and Bangladesh Petroleum Exploration and Production Сompany Ltd.

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