Processing

Lukoil plans to increase APG utilization to 95% until the end of 2018

By the end of 2018 Lukoil plans to increase APG utilization from the current 92% to 95%, the company says.

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Rosneft presents financial model of VNKhK

The Eastern petrochemical complex (VNKhK), the Rosneft’s project to create a petrochemical complex in the Far East, which until recently looked utopian, has begun to gain momentum.

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Ministry of Energy forecasts oil processing efficiency rise by 1.7% in 2017

The Ministry of Energy forecasts the oil processing efficiency rise by 1.7% in 2017 at the domestic oil refineries.

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Oil processing in Samara region to grow by 900 thousand tons in 2017 after the launch of PetRoNeft’s oil refinery

In 2016 the enterprises of the Samara region processed 19.7 mln tons of oil. The average oil processing efficiency made up 74%.

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Transneft-Prikamie increases proceeds by 40%

While oil producing companies tried to keep their turnover at the level of 2015 due to record volumes of the production, one of the largest subsidiaries of the transport monopoly Transneft-Prikamie

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Rosneft to close the deal on the purchase of 49% in Essar in March

The deal on the purchase of 49% of the Indian Essar by Rosneft will be closed in the near future, this month, the head of VTB, A. Kostin, said.

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Gazprom Neft to construct a hydrogen production unit at Omsk oil refinery

The active construction of the hydrogen production unit with the capacity of 12.3 thousand tons a year has started at the Omsk oil refinery plant, Gazprom Neft reports.

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In March 2017, 1228.1 thousand tons of oil products delivered to internal market of Russia

At the next monthly meeting of the headquarters for monitoring the production and consumption of petroleum products, which was held at the Russian Ministry of Energy, participants came to the concl

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A new chemicals cluster to be formed at the Antipinsky oil refinery

A new chemicals cluster is planned to be formed at the Antipinsky oil refinery plant in the Tyumen region, the Governor V. Yakushev said.

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In 2017 Lukoil plans to increase oil processing in Russia by 4-5%

In 2017 Lukoil plans to increase oil processing at its oil refinery plants in Russia by 4-5%, the company reports.

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