Petrol

In January-August, petrol production in Azerbaijan grew by 3%

In January-August 2018, production of petroleum products in Azerbaijan increased by 7.6% to 2 92.6 million manats compared to the same period of the previous year, the Interfax - Azerbaijan was inf

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New Stream thinks about naphtha processing at Antipinky refinery

The founder of the refining group New Stream Dmitry Mazurov has announced plans to create a petrochemical enterprise at the Antipinsky oil refinery, investing $3-4 billion.

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Rosneft starts producton of Euro-6 petrol at Saratov refinery

The Saratov Refinery (part of Rosneft) started production of Euro 6 petrol. The new fuel has reduced content of sulfur and aromatic hydrocarbons, the company's press service reported.

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In 2018, transshipment of petroleum products through Ust-Luga grew to 19.5 mln tons

Transshipment of oil cargo through the port of Ust-Luga decreased by 8%, including oil transshipment decreased by 17%, and petroleum products - increased by 1%, the mass media reported.

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Kazakhstan may organize transit of oil and petroleum products through Azerbaijan in 2019 and considers export via Baku-Tbilisi Ceyhan pipeline

Kazakhstan is studying possibility of transiting oil and petroleum products through the territory of Azerbaijan since 2019, the Azerbaijani Ministry of Energy informs.

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Kawasaki Heavy Industries’ head reports G.Berdymukhamedov about implementation of joint projects in Turkmenistan

President G. Berdymukhamedov received president of Kawasaki Heavy Industries Ltd for energy system and industrial development T. Watanabe.

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Russian Government may level market participants due to quota for fuel supply

The Russian Government is discussing the right to set quotas for the supply of petroleum products to the domestic market in the event of such a need.

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From October 1, 2018, export duty on oil in Russia to grow to $137.5 per ton

From October 1, 2018, export duty on oil in Russia will make up $137.5 per ton, increasing by $7.5 per ton compared to $130.0 per ton in September.

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Oil companies to be paid from budget for constraint of petrol prices

As expected by the Kommersant, the parameters of a damping mechanism within the tax maneuver will be changed in favor of oil companies.

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SINOMEC and Primorsky Territory government agree to build oil refinery for 50 billion rubles

At the Eastern economic forum the acting governor of the Primorsky Territory Governor A. Tarasenko and the vice-president of the Chinese energy engineering corporation SINOMEC L.

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