Processing

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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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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In H1 2018, KazMunayGas increased oil and gas production

In the first six months of 2018, the revenues of KazMunayGas (KMG) made up 3.3 trillion tenges ($10.2 billion). This is by 62% higher than in the same period of 2017.

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Independent filling stations may leave market

Independent filling stations can leave the market in the medium term, head of Gazpromneft Alexander Dyukov warns.

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Investments in new gas processing plant of Irkutsk Oil Company may be $2.5 bln

Investments in the new gas processing plant of the Irkutsk oil company could amount to $2.5 billion from 2018 to 2023.

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Since the beginning of the year, Atyrau refinery processed 3.5 mln tons of oil

In the first eight months, Atyrau refinery in Kazakhstan processed 3 502 907 tons of oil. This was reported by the press centre of the plant.

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