Oil

Russian Ministry of Energy and Ministry of Finance agree on added income tax

The Ministry of Finance and the Ministry of Energy have agreed on amendments to the draft law on added income tax (AIT) for the oil industry.

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Kemerovo Azot to invest 10 billion rubles in production of chemicals

Kemerovo Azot will invest 10 billion rubles in construction of a plant that will produce products from production waste, including products purchased abroad today: adipic acid, emulsifier of explos

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RN-Yuganskneftegaz produced 2.3 billion tons of oil since the beginning of field development

The accumulated production of RN-Yuganskneftegaz, a subsidiary of Rosneft, exceeded 2 billion 300 million tons of oil since the beginning of field development in 1964.

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In January-May, Russia increased oil export to Belarus by 3.2% to 7.5 mln tons

In January-May 2018, Russia increased oil exports to Belarus by 3.2% compared to the same period of the previous year to 7.526 million tons, the Central Dispatch Department of the Fuel and Energy S

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Aleksandr Novak: The balance of prices in the fuel market in Russia is restored.

The balance of prices in the fuel market in Russia had been restored, the Minister of Energy of the Russian Federation Aleksandr Novak announced.

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In January-May, Rosneft increased oil production by 1% to 78.6 mln tons

In January-May 2018, Rosneft increased oil production by 1% compared with the figure in the same period last year to 78.614 million tons.

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SOCAR investments in projects abroad exceed $5.7 billion

The total volume of investments of SOCAR (State Oil Company of Azerbaijan Republic) in projects implemented abroad as of January 1, 2018 amounted to $5.7392 billion, Interfax-Azerbaijan was told in

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From the beginning of 2018, about 200 bln cubic meters of gas and 10 mln tons of oil produced on Yamal

199.773 billion cubic meters of gas, 10.049 million tons of oil and 6.395 million tons of gas condensate have been produced in the Yamal-Nenets autonomous district since the beginning of 2018.

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In May oil export via CPC terminal increased by 8.6% - up to 5.3 million tons

In May 2018 the volume of oil exports through the terminal of the Caspian Pipeline Consortium (CPC) increased by 8.6% - to 5.29 million tons compared to the same period of last year.

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Akron shareholders approve dividends of 185 rubles per share

Akron shareholders decided to pay an annual dividend of 185 rubles per share. Previously, the corresponding recommendations were issued by the Board of Directors of PJSC Akron.

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