Oil

Court confirms recovery of 136.3 billion rubles from Sistema

The Court of Appeal confirmed the recovery in favour of Bashneft of 136.3 billion rubles from Sistema under the suit of Rosneft.

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Rosneft prolongs licenses for 5 oil and gas sites in the Khanty-Mansiysk autonomous district

The Federal Agency on Subsoil Usage has extended Rosneft’s licenses for geological exploration and production of minerals at five hydrocarbon sites in the Khanty-Mansiysk autonomous district

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Support Arctic zones to help to develop mineral and raw materials centers

Today the Arctic successfully provides for the production of 85% of Russian natural gas and 11% of "black gold" plus - metal.

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Expensive part was replaced at carbon preparation facility at Pavlodar petrochemical plant

The Pavlodar Petrochemical Plant completed repairs at the Hydrogen Production Plant. KazMunaiGas reported this on December 15, 2017. This repair was not quite planned.

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TMK becomes the best supplier of pipe products for the oil and gas shelf for the fourth consecutive year

TMK Pipe Metallurgical Company for the fourth year in a row becomes the best in the ranking of suppliers of industrial products and services for the development of the oil and gas shelf in the grou

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Alexander Khurshudov: World prices are not sufficient for shale production payback

Last time, we established the main trends in the technology of construction and operation of shale wells. Now it's time to assess how they affected the economy.

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The Orsk Oil Refinery completes the first line of silication plant construction.

The Orsk Oil Refinery completed the construction of the first line of the sulfur plant.

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The Central Bank of Russia: In Q1 2018 the price of Urals oil to amount to $ 57.

The Bank of Russia expects in the first quarter of 2018 the price for Urals oil at nearly $ 57 per barrel, according to the Central Bank's report on monetary policy.

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By 2035 Russia to produce 555 million tons of oil per year.

This year 280 million tons of oil will be processed, and 2.5 billion roubles will be used to subsidize the gas engine.

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In January-November, incomes of Azerbaijani State Oil Fund from sale of profitable oil from Azeri-Chirag-Gunashli grew by 26%

In January-November 2017, revenues to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil from the Azeri-Chirag-Guneshli block amounted to $5 780 million, the Fund informed.

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