Oil

Venezuela intends to develop cooperation with Azerbaijan in oil sector and considers possibility to export oil to Russia and China

Venezuela is studying possibility of developing bilateral cooperation with Azerbaijan in the oil sector, the Energy Ministry of Azerbaijan said.

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Rosgeology completeы integrated marine geophysical research in the Pacific Sector of the Antarctic

PMGRE (part of Rosgeology) successfully completed the field phase of marine geophysical research in the Pacific sector of the Antarctic in the area between the Amundsen and Ross seas.

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In 2018, Tatneft produced 29 534 thousand tons of oil

In 2018, total oil production of Tatneft amounted to 29 534 thousand tons, processing - almost 9 million tons of crude oil. This information is published on the company's website.

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Kazanorgsintez increases its net profit by 30% in 2018.

The net profit of Kazanorgsintez (KOS, part of the TAIF group) was 19.9 billion roubles in 2018, which is 30.6% higher than the result for the same period last year, according to the company's

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In Q2, transit of Azerbaijani oil through Russia to exceed 300 thousand tons

Export schedule for the second quarter of 2019 assumes transit of Turkmen oil in the amount of 590 thousand tons compared to 265 thousand tons in the first quarter, a source familiar with the sched

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In February 2019, 18.192 mln tons of oil produced in Yugra

18.192 million tons of oil were produced in Yugra in February 2019. This is by 2.051 million tons less than in January, the Oil and Gas Information Agency calculated.

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Lukoil signs a memorandum with Total on gas chemistry within Western Kurna -2.

The Lukoil company, the second largest Russian oil company, signed a memorandum with the French Total on gas chemistry within the Western Kurna-2, Interfax reports, citing the words of the head of

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Rosneft and Neftegazholding think about joint venture on Taimyr

Rosneft is going to increase its presence in the Arctic near the Payakhskoye field of Neftegazholding of the company’s former head Eduard Khudainatov.

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Gazpromneft to launch two fields on Sakhalin shelf by 2028

Gazpromneft (included in structure of Gazprom) has planned to begin production of hydrocarbons at new fields located on the Sakhalin shelf - Neptune and Triton - in 2026-2028.

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