Oil and Gas

Russia is ready to discuss decrease in tax for Chinese participants of Yamal LNG

The Chinese partners of Novatek have appealed to the Government of the Russian Federation with a request to reduce the rate of their profit tax on dividends, the Russian Federation can meet half-wa

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Glencore to be rewarded for Rosneft

The Swiss trader Glencore has disclosed the purchase price of a 14.16% stake in Rosneft by China Energy Company Limited (CEFC).

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Transneft to own part of CPC

Transneft has begun the procedure of obtaining ownership of 31% in the Caspian Pipeline Consortium (CPC), which now belongs directly to the Russian Federation.

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European Commission returns Gazprom's proposals for revision

The Russian gas exporter and European officials continue negotiations on the settlement of the antimonopoly case

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In the first nine months, Akron increased output of compound fertilizers by 46%

Akron Group’s enterprises increased production of mineral fertilizers by 18.8% in the first nine months of this year.

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Well tests were completed at two Komi fields

The Test of exploratory wells was completed at two deposits in the Intinsky region: Intinskoye and Levogrubeyuskoye. The work was carried out by the Timano-Pechora gas company.

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Rosneft to invest 35 bln rubles of MET deduction for Samotlor into production growth

The MET deduction in the amount of 35 billion rubles for 10 years, which is planned to be provided to the Samotlor field of Rosneft in 2018, is equal to the company's announced investment in th

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EBRD proposes new candidates to Supervisory Board of Naftogaz of Ukraine

The European Bank for Reconstruction and Development (EBRD) handed Ukraine a list of new independent candidates to the supervisory board of Naftogaz Ukrainy, said EBRD President Suma Chakrabarti.

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SOCAR Methanol expects to increase methanol sale on domestic market

In January-September 2017, SOCAR Methanol produced 240 thousand tons of methanol, general director of the company Elnur Mustafayev said at the International Oil Summit Argus -2017 in  Baku on

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Russia will do everything necessary to make Morocco a consumer of its LNG

Russia has "good prospects" of exporting its liquefied natural gas to Morocco.

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