Petrol

Rosneft allocates 2.2 billion roubles to develop a network of gas stations in Bashkortostan.

The company intends to create a branded network of gas stations in the republic.

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KazMunayGas's Romanian subsidiary to pay dividends for the first time

The foreign subsidiary of KazMunayGas will pay dividends for the first time. The amount of payments will depend on the company's financial and operating results for 2019

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ROSNEFT INDIAN ASSET TO INVEST $ 850 MILLION IN PETROCHEMISTRY OVER TWO YEARS

The Indian company Nayara Energy, which is 49.13% owned by Rosneft, will invest $ 850 million in the development of petrochemical production at the Vadinar refinery, TASS reports.

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Sulzer GTC to participate in the modernization of benzene production at SIBUR-Kstovo.

SIBUR and Sulzer GTC had signed an agreement on the provision of licensed technologies for the processing of pyrolysis petrol for the reconstruction of benzene production at the Kstovo enterprise,

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Belarus and Tatneft meet in Kazan

Belarusian and Tatarstan partners met in Kazan
During the meeting, the prospects of cooperation between the two companies were discussed. We are talking about Belorusneft and Tatneft.

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Departments are developing proposals to stimulate the petrochemical industry.

The Ministry of Finance and the Ministry of Energy intended to make proposals to the government in the next few weeks as part of a comprehensive program to stimulate the development of the petroche

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Over the week, sold more than 353 thousand tons of petroleum products on commodity exchange

According to SPIMEX, last week vertically integrated companies sold 353.3 thousand tons of petroleum products, including 141.5 thousand tons of petrol, 131.4 thousand tons of diesel fu

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Azerbaijan exported oil for $229 million to Ukraine in January-August

In January-August 2019, the Ukraine reduced import of oil and raw materials by 7.7% compared with the same period of 2018 to 482.155 thousand tons.

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Naftan may attract Chinese partners for the development of the petrochemical block.

Naftan (Belarus) intends to present a development strategy for the petrochemical block by the end of the year.

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Russian Government discusses new subsidies for oil refineries

As the Kommersant has found out, Sberbank's request for tax benefits for Antipinsky oil refinery may become a reason for providing additional budget subsidies to oil processing industry.

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