Oil

In July 2018, 20.074 mln tons of oil produced in Yugra

20.074 million tons of oil were produced in Yugra in July 2018. This is by 0.745 million tons more than in June, the Oil and Gas Information Agency calculated.

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In H1, share of oil and gas incomes of Russian budget was 45.6%

In January-June 2018, oil and gas revenues of the federal budget of the Russian Federation amounted to 3.935 trillion rubles, increased by 1.047 trillion rubles, or by 36.2% compared to the same pe

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In H1, oil products output in Tyumen region grew by 23.7%

In January-June, industrial production index in the Tyumen region was 108.3% compared to the same period in 2017.

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In H1 Polyom increases polypropylene production by 3%

Polyom, a joint venture of Titan, SIBUR and Gazprom Neft, implemented measures to increase the capacity of the polymerization plant, as a result, the production of polypropylene was increased.

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In January-July, SOFAZ’s income from sale of profit oil of Azerbaijan from Azeri-Chirag-Gunashli block and gas condensate from Shah-Deniz exceeded $5.6 bln

Revenues to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profit oil from the Azeri-Chirag-Gunashli block of fields and gas condensate from the Shah-Deniz field in January-July 2018 amo

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Rosneft starts production of petrol with octane number 100 at Ryazan oil refining company

Rosneft began selling motor fuel with an octane number  100. The production was organized at the Ryazan oil refining company.

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In 2019, production in Russia to grow due to Rosneft, Gazpromneft and Novatek

In 2019, Russian oil companies will increase production to 11.17 million barrels per day, mainly due to launch of several new projects, including fields of Rosneft, Gazpromneft and Novatek.

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Uzbekistan reduced production of oil, but increased output of petrol

In January-July, Uzbekistan increased petrol production to 657.1 thousand tons, which is by 2.9% more than in the same period in 2017.

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OPEC maintains forecast for oil production in Russia in volume of 11.15 mln barrels per day in 2018 and expects its increase by 0.2% in 2018

OPEC has predicted a decline in oil production in Russia in 2018 to 11.15 million barrels per day, as it follows from the monthly report of the organization.

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Rosneft is not yet ready to accept 8 mln tons of oil via branch from ESPO to Komsomolsk refinery

Transneft has not yet received confirmation from Rosneft for pumping of 8 million tons of oil from the ESPO to the Komsomolsk refinery.

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