Oil

Putin: BP is reliable strategic partner of Russia

Russian President Vladimir Putin has called British oil and gas company BP a reliable strategic partner of the country.

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In 2018, Russia’s income from export of oil grew by 38%, gas – by 28.8%

In 2018, Russia's revenues from oil exports increased by 38.2% in annual comparison and amounted to $129.05 billion.

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In 2018, oil production in Kazakhstan grew by 6.3%

In 2018, crude oil production in Kazakhstan amounted to 77.5 million tons. This is by 6.3% more than in 2017 (in cash - 12.2 trillion tenges).

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Atyrau refinery plans to increase the supply of benzene to Russia

The Atyrau refinery plans to increase the volume of benzene shipments to Russia in February to 2-3 thousand tons, compared with 1.8 thousand tons in January.

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Rosneft is confident in Venezuela, but makes new foreign investments in Kurdistan

Rosneft, which is the largest Russian and one of the largest foreign investors in Venezuela, considers the socio-political crisis in the country a "temporary phenomenon".

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In 2018, Krasnoyarsk region increased oil production by almost 25 mln tons

In 2018, oil and gas condensate production in the Krasnoyarsk region increased by almost 5% compared to 2017 to 24.64 million tons.

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Moody's speaks about impact of sanctions against PDVSA on Rosneft enterprises

US sanctions against PDVSA will limit the financial and operational flexibility of the five Rosneft joint ventures in Venezuela, a report by the international rating agency Moody's states.

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In January, Ukraine increased oil transit to Europe by 5% to 1.097 mln tons

In January 2019, oil transit through the territory of the Ukraine by pipeline transport to Europe increased to 1.097 million tons.

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In January, Transneft increased oil production by 3.9% to 2.5 mln tons

In January 2019, oil production of Tatneft Group amounted to 2.54 million tons, which is by 3.9% more than in the same period last year, the company reports.

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First results of tax maneuver in Russia to be summed up by the end of February

The Russian Government will be able to sum up the first results of the tax maneuver in the oil industry and the damping mechanism at least at the end of February.

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