Oil

Ministry of Finance: "Tax maneuver will not raise prices"

For this purpose, special measures will be taken.

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Rostech and Gazprom Neft to introduce digital management systems for deposits

Gazprom Neft and the company Management Systems (part of Rostech) will work on the development and implementation of digital technologies for the implementation of major projects.

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In 2017, daily volume of oil production in Azerbaijan was 795 thousand barrels

According to the BP’s statistical review of world energy-2018, in 2017, daily oil production in Azerbaijan amounted to 795 thousand barrels, which is by 5.1% less than in 2016.

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Fitch confirms the forecast of world GDP growth in 2018.

The international rating agency Fitch confirmed an estimate of the world GDP growth in 2018 at the level of 3.3%, in 2019 - 3.2%, despite the deterioration of forecasts for half of 20 countries con

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Tatneft to launch production of petrol with capacity of 1.1 million tons in Q3

Tatneft" expects to launch the production of petrol at TANECO with a capacity of 1.1 million tons per year in the third quarter, Interfax reported.

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Gazprom Neft's AGM: record dividends, readiness to rapidly increase production and new projects

Gazprom Neft shareholders approved the payment of dividends for 2017 in the amount of 71.12 billion rubles (28.1% of consolidated net profit under IFRS for 2017).

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In Q1 2018 Rosneft increased sales of marine fuel by 10.5%

In January-March 2018 RN-Bunker, Rosneft's subsidiary, increased the volume of sales of marine fuel by 10.5% compared to the same period in 2017 - up to 555.6 thousand tons, Rosneft reported on

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Gazpromneft receives licenses for two sites in the Orenburg region

Gazpromneft has received a license for geological exploration, including search and evaluation of fields, at two oil and gas sites in the Alekseevsky, Buguruslan, Buzuluk and Grachevsky districts o

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Russian oilfield service needs support

State and prospects of development of oil and gas service companies can seriously affect the stability of the oil and gas industry of the Russian Federation.

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Gazprom Neftekhim Salavat could launch new treatment facilities for 10 billion by 2020 - R. Khamitov

Gazprom Neftekhim Salavat plans to invest about 10 billion rubles in the construction of new treatment facilities. Such statement was made by the head of Bashkortostan Rustem Khamitov.

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