Oil

Kanat Bozumbayev: Kazakhstan needs to start exporting petrol in October-November

It is critically important for Kazakhstan to start exporting petrol in October-November to prevent overstocking of the market.

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Russia intends to continue cooperation with Iran

Russian energy companies will continue to cooperate with the Islamic Republic of Iran.

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Shipyard Zvezda and Samsung Heavy Industries to create joint venture for production of tankers

The shipyard Zvezda and Samsung Heavy Industries (South Korea) signed an agreement within the framework of the Eastern Economic Forum that determines the conditions for the establishment of a joint

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Reserves of Gazpromneft’s Neptune field exceed 415 mln tons of oil

The State Commission on Mineral Reserves has approved hydrocarbon reserves of the Neptune field on the categories of C1 + C2 in the amount of 415.8 million tons.

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Extraction from SDB platform within Phase-2 of Shah Deniz project is carried out from 4 wells - BP

Production of gas and condensate from the Shah Deniz Bravo platform (SDB) within Phase-2 of the Shah Deniz development project is being carried out from 4 production wells, the company's presid

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Rosgeologiya intends to take part in tender for exploration of oil and gas on shelf of Bangladesh

Rosgeologiya has intended to participate in tender for geological exploration in order to search for oil and gas on the shelf of Bangladesh, head of Rosgeologiya Roman Panov told reporters on the s

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In January-August, oil production in Kazakhstan grew by 5.3% to 60 mln tons

In January-August 2018, oil and condensate production in Kazakhstan reached 60 million tons, the country’s Minister of Energy Kanat Bozumbayev said.

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Russian authorities to resume licensing projects on Arctic shelf

The Russian Government and the State Duma can resume issuing licenses for the development of the Arctic shelf.

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By 2019, Rosgeologiya to start geological exploration on shelf of Sudan

Rosgeologiya will start geological exploration at Block 15 on the shelf of the Sudan to 2019. This was announced by head of the holding company Roman Panov.

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In January-August China decreased supplies of acetylene PVC to Russia by 3.5 times

In eight months, imports of suspended PVC (PVC-S) to the Russian market declined three-fold, exports increased by 28%.

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