Oil

Russia reduces oil production in the OPEC deal+ slower than we would like - Falih

Russia reduces oil production slower than we would like, Saudi Arabia’s Energy Minister Khalid Al-Falih said in an interview with CNBC.

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Alliance Oil of Eduar Khudainatov wants to early redeem Eurobonds

Former president of Rosneft Eduard Khudainatov has wanted to reduce debt of his Alliance Oil Company by offering owners of its Eurobonds to buy them at a discount.

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In 2018, Slavneft-Megionneftegaz compensated production with increase in reserves 1.5 times

Slavneft-Megionneftegaz, a joint venture of Rosneft and Gazpromneft, has increased its resource base to 700 million tons of oil.

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90.4 mln tons of oil and gas condensate produced in Kazakhstan in 2018

In Kazakhstan, in January-December 2018, volume of industrial production increased by 4.1%. This was reported by the Committee on Statistics of the country’s Ministry of National Economy.

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Azerbaijan plans to create PVC production worth $ 80 million

The Azerbaijan Export & Investment Promotion Foundation (Azpromo) proposes to set up production of polyvinyl chloride in the country, Interfax reports.

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In 2018, CPC shipped over 61 mln tons of oil from marine terminal

In 2018, marine terminal of the Caspian pipeline consortium (CPC) shipped 61.08 million tons of gross oil, which is by 6 million tons more than the results of 2017, and set a new record for the ann

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Fire is eliminated at Bashneft Ufa refinery - no injuries.

The fire at the site of the Ufa oil refinery of the Bashneft company was eliminated with the participation of the Emergencies Ministry services. No one was hurt.

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Alekperov announces readiness “to go to the bitter end” in dispute with Rosneft

Lukoil’s head Vagit Alekperov has told the RBC about his readiness to go to the bitter end, including in the courts, in a dispute with Rosneft because of tariffs for oil transshipment of thei

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The Pavlodar Petrochemical Plant can increase oil refining by almost 2%.

In 2018 the Pavlodar Petrochemical Plant processed 5.3 million tons of oil with the plan being 5.2 million tons.

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In 2018 Azerbaijan exported to Ukraine oil for $407 million

Ukraine in 2018 reduced imports of oil and oil products by 24.3% compared to 2017 - to 766.832 thousand tons.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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